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Articles - companii

Cluj, the district with most young entrepreneurs in Romania

With only 18% of Bucharest’s population, the district of Cluj has founded most of the companies in Romania. Bucharest is on the second place.

New Hub for IT Multinational Companies in Romania

Transactions involving office spaces in Romania’s capital city Bucharest exceeded 300,000 square meters in 2013, the highest volume reported in the last six years, with one third of the transactions closed by IT&C companies.

Number of companies registered in January with Trade Registry goes down by 4.52 per cent

The number of companies registered in January 2014 with the National Trade Registry Office (ONRC) went down by 4.52 per cent from the same month of 2013, according to the site of the above-mentioned institution.

Financial managers more willing to restructure than invest

Financial directors of Romanian companies are focusing on business growth and lowering expenses, which means they are more willing to restructure their business than invest, according to a Deloitte poll.

Vodafone to relocate next year to Bucharest One

The mobile phone operator Vodafone, with annual turnovers of EUR 800 million and approx. 3,300 employees on the local market will relocate next year its Bucharest quarters to the office tower Bucharest One, currently developed by the Greek businessman Ioannis Papalekas between Pipera passage and Promenada mall in northern Bucharest.

Number of companies declared insolvent drops by about 15 pc

The number of companies that went into insolvency in January dropped by 14.5 per cent, down to 2,054, from 2,403 in the same period of last year, according to the National Trade Register Office (ONRC).

Schneider Electric Romania, first tenant of Green Court Bucharest

Schneider Electric Romania has leased approximately 3,100 sqm of office space in the first building of Green Court Bucharest, the office project developed by Swedish Skanska in the Barbu Vacarescu area of the capital.

EY: More companies bet on growing business in 2014

A new Ernst & Young study shows that 40% of Romanian business leaders are confident in the growth of their businesses in 2014, up from just a quarter of them in 2013. 28% of respondents foresee a significant growth of +10 to +30% for their company’s turnover in 2014 compared with 25% in 2013, while 67% expect a growth rate of +5 to +10%, compared with just 51% at the beginning of last year.

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