Romania remains at the bottom of the European Union rankings in terms of innovation, with the proportion of Romanian companies introducing new or improved products or business processes to the market standing at 8.8% in 2020-2022 period, marking a decline of 1.9 percentage points compared to 2018-2020 period, in line with data released by Romania's statistics board INS on Monday (April 29).
Romanian executives forecast growth of activity in construction and retail trade, relative stability in the number of employees in manufacturing industry and services, and price growth in construction and retail trade, for the period April – June 2024, in line with a survey carried out by the country’s statistics board INS.
Online retailer eMAG is launching a new shop-in-shop, with hair care, styling devices and make-up products, Hair & Make-up Shop.
Prima Development Group, a real estate developer of Oradea, signed for the acquisition of an over 6-ha land plot in Bucharest’s Soseaua Gheorghe Ionescu Sisesti, part of the portfolio of Austrian real estate developer Immofinanz.
CANCOM Romania, a subsidiary of CANCOM SE, one of the leading integrated IT services providers in Germany, in 2023 registered RON6 million net profit, up 79% from the previous year.
SoftOne group, a leading business software provider in Greece and SE Europe, which operates in Romania via SoftOne Romania, wants to expand nationwide and is looking at potential acquisitions, Radu Opris, who has recently taken over as international general manager of SoftOne Group, told ZF.
SW Umwelttechnik Romania, the local subsidiary of the Austrian company of the same name, a maker of precast concrete products, boosted turnover by 21% in 2023, to RON230.2 million.
Alpin 2003, the company that manages hotel compound Alpin Resort Hotel, a major tourism player in Poiana Brasov resort, ended 2023 with turnover worth RON66.5 million (EUR13.5 million), up 22% from 2022.