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Articles - companies

Romanian entrepreneurs have limited access to financing

Romanian entrepreneurs face challenges such as the shortage of specialized human resources, the lack of strong brands, or the limited access to financing and consulting, according to the US business consultant Dale Richards.

Almost EUR 42 bln in subscribed foreign capital

According to data from the Justice Ministry’s National Trade Registry Office, from January 1990 to 31 July 2015 the value of the registered capital subscribed in commercial companies registered in Romania stood at EUR 44.664 bln or USD 55.7 bln.

95 pct of entrepreneurs are confident in economy’s direction

95 per cent of the entrepreneurs that took part in a Raiffeisen Bank survey are confident in what concerns the economy’s direction, and 88 per cent of them state that their company’s turnover will grow in 2015.

IMMOFINANZ with new brand and web presentation – focus on customer orientation

Under the motto “Space to succeed” IMMOFINANZ has launched a new brand and Internet presentation. The core of the brand philosophy is formed by a strong customer and market orientation, which is also reflected in an updated, modern presentation. The logo with its variable frame highlights the importance of space for success and underscores the company’s flexibility in meeting a wide variety of customers’ needs.

More new companies, fewer insolvencies in Romania

Almost 72,000 new companies have been registered in Romania in the first seven months of this year, 13.6% more than in the same period of 2014, according to data from the National Trade Registry’s Office – ONRC.

Architects in Romania had 170 million lei profit last year

The companies active in the field of architecture had registered a total turnover of 887 million lei in 2014, with 2 pct growth compared to the previous year, according from data released by the Ministry of Finances.

Fear of failure prevents Romanians from starting new business

Fear of failure remains one of the significant barriers that stops Romanians from opening their own business. Some 65% of the Romanian entrepreneurs believe that society penalizes failure in business whereas 37% of them consider the failure a barrier for their future business projects.

Romania ranks 4th in top 500 companies in CEE, says Coface

Romania was present with 59 companies among the biggest 500 companies in Central and Eastern Europe (CEE) in 2014, according to the seventh edition of the Coface CEE Top 500 study.

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