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Articles - companies

Number of insolvent companies, down by 54% in Romania

The number of businesses that filed for insolvency dropped in January by 54.72% year-on-year, reaching 930 units.

Insolvency proceedings drop by 29% in Romania

The number of insolvency proceedings opened last year fell by 29.4% to 21,367, compared to 30,282 in 2013.

Siemens opens R&D center in northwestern Romania

German group Siemens on Tuesday, February 24, inaugurated a regional research & development (R&D) center in Cluj-Napoca, northwestern Romania, which now has 50 employees but targets 210 in the next two years.

EY: Most top managers see business increase in 2015, backed by investments and hiring

Top executives in Romania are optimistic about this year’s evolution of businesses they run, most respondents of a study made by EY anticipating profit increases, backed by the continuation of investments and hiring personnel.

McDonald’s invests EUR 2.9 mln in McCafé network in 2014

McDonald’s investments in Romania exceeded RON 13 million (EUR 2.9 million) last year, the company’s priorities in 2014 aiming, among other, the development of the McCafé network and the launch of new products.

Cluj IT Cluster certified at European level

Cluj IT Cluster, one of the most important IT clusters at national level, has obtained the Bronze label certification based on the methodology accredited by the European Commission and created by the European Cluster Excellence Initiative (ECEI). This certification is offered for the management of organizations and their development capacities.

New business incubator in Cluj for new companies in the IT&C

The company that administrates the Regional Centre of Excellency for Creative Industries (CREIC) of Cluj-Napoca, Cluj Innovation Park, announced it will establish a business incubator for new companies in the IT&C, software, computer games and telecommunications areas.

Omifa opens its first local office in Romania, in Cluj-Napoca

Omifa, the office fit-out solutions provider, opens its second Romanian office in Cluj-Napoca.

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