The average net salary in Romania decreased by 1.6% in nominal terms in August 2024 compared to July 2024, to 5,158 (EUR1,037), data from the country's statistics board INS showed on Friday (Oct 11, 2024).
Romania's annual inflation further declined in September 2024, reaching 4.6%, from 5.1% in August 2024 and 5.4% in July 2024, data from the country's statistics board INS showed on Friday (Oct 11).
Sphere Franchise Group, an entrepreneurial company that operates KFC, Pizza Hut and Taco Bell restaurants in a franchise system, has expanded its brand portfolio by adding Cioccolatitaliani franchise, part of Gioia group.
Romanian investment fund Agista has exited the shareholding structure of Dendrio Solutions (part of Bittnet Group) for EUR3.4 million and reinvested profit generated from this deal in boosting its stake in cybersecurity company Fort.
Romania continues to be a strategic center for Brazil’s Stefanini Group, which provides innovation and digital transformation solutions, owing to its capacity to attract talents and linguistic diversity, said Farlei Kothe, who took over the position of CEO for North America, EMEA and APAC at Stefanini Group.
French group Auchan, one of the most powerful players in Romania’s food retail, will end 2024 in the black as both the value of the average receipt and the number of clients have risen.