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Articles - companies

Amazon plans to expand its European R&D operations, including Romania

American online commerce platform Amazon announced its plans to expand its European operations this year, including in Romania, where it will create “several thousand jobs,” Agerpres informs.

Study: Romania ranks 13th among best destinations for services

Romania ranks 13th globally among the best investment destinations in the services area, according to the study „Global services location index 2016“ made by management consultancy company A.T. Kearney.

PwC: half of the company managers in Romania expect higher income this year

The company managers in Romania are among the most optimistic in the world regarding the possibility of increasing income, half of them expecting a positive evolution over the next 12 months, while 56% intend to increase the number of employees, according to a survey made by PwC.

Oracle to open new offices in Iaşi, Romania

Oracle will open offices in Iași, have announced the local city authorities following discussions with the USA ambassador in Romania, Hans Klemm.

Romanian construction companies post highest insolvency risk in CEE, says Coface

The Romanian construction sector has the highest share of companies at risk for insolvency among CEE countries, with 50 percent of the firms presenting a high risk level in 2014, concluded a study by Coface of the construction sector in Romania. Twenty seven percent registered a medium risk, while 23 percent were in the low range.

Number of Romanian companies with foreign ownership on the rise in November 2015

Statistics from the National Trade Register Office show that Romanian companies with foreign ownership have been on the rise, increasing by 2.7 percent from January to November 2015, according to Agerpres.

Number of insolvencies drops by half in Romania

The number of local companies that entered insolvency dropped by 52% in the first eleven months of 2015 compared to the same period of 2014, from over 19,000 to about 9,500.

Bosch opens second business services centre

Bosch Service Solutions, a top-level supplier of business process outsourcing (BPO) services, opened a new business services centre in Timisoara on December 14, in order to back its continuous growth and development plans.
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