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Articles - companies

German companies top the foreign business ranking in Romania

German companies lead the foreign investors’ ranking in Romania in terms of revenues and number of employees, according to official statistics.

EY: Romanian managers are confident in the growth of their business

Business leaders in Romania are confident that their business will grow this year, as well as having faith in the overall positive trend of the economy, according to a new survey published by EY Romania.

EU funds for IT companies in Romania delayed again

Romanian companies in the IT&C sector will have to wait another month before they can submit projects to get EU funds through the new Operational Programme Competitiveness 2014-2020. The program will be open for applications starting November 2 instead of October 1.

Romania has 100 angel investors at most and only half are active

Romania has maximum 100 angel investors and only half of them are active, according to Peter Barta, CEO of the Post-Privatisation Foundation. Romanian start-ups struggle with finding financing, he said.

Ness SES opens second Technology Innovation Center in Romania, renting 2,800 sq. m

Ness Software Engineering Services (SES) is opening its second Technology Innovation Center in Romania, according to a company statement.

Insolvencies down by half in 2015 but larger companies file for the procedure, says CITR

Over the past year the number of insolvent companies has gone down by half but the impact of these insolvencies on the economy is nevertheless higher as larger companies than before are now filing for the procedure, according to information from insolvency consultancy CITR.

Salaries in IT, still low in Romania compared to Western Europe

The salaries in Romania’s IT sector are still low compared to those in Western Europe, despite the increases recorded in the last year.

EY Romania opens new office in Cluj-Napoca after activity growth in area

EY Romania’s Cluj-Napoca team has moved to a new space in The Office building, which better suits the growing team needs, which has now reached a number of 20, a company statement announces.

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