Business Review has teamed up with Schoenherr to offer start-up and scale-up communities legal and funding advice, as well as success stories from local entrepreneurs, so that they can reach their business goals. Speakers from across the industry talked about problems and solutions that both companies and investors can face at our Start-ups vs. Scale-ups Roundtable, […]
Romanian citizens voted on Sunday to elect their representatives for the 2019-2024 European Parliament as well as on a referendum called by President Klaus Iohannis on two issues related to the judiciary system. Turnout for this voting round was significantly higher than in previous elections for the European Parliament, as new parties in particular have […]
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Romanian businesspeople face major challenges in 2019 as the economic environment is changed by new or higher taxes, decelerating consumer spending, higher borrowing costs, a weaker currency and higher wages. All these challenges could translate into steeper costs and unpredictable revenues. By Sorin Melenciuc Higher taxes, new taxes Running out of revenue sources, the government […]
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The value of M&A transactions on the local market in 2015 reached EUR 3.07 billion, a sturdy advance over the EUR 2.24 billion registered in 2014, according to a study by Emerging Markets Information Service (EMIS), as quoted by Agerpres. Though the number of transactions was lower last year (119, as compared to 131 in […]
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Grapefruit, user experience digital agency, announces two important changes in the company, starting the beginning of this year: Georgiana Dragomir, becoming the new general manager and the orientation of the business exclusively on the digital and mobile arias. Georgiana Dragomir’s naming comes after the latest changes at the shareholders’ level. In this moment, the company […]
The general consolidated budget ended last year with a revenue of RON 233.6 billion, up 9 percent over 2014, while expenses rose 8 percent, to RON 243.9 billion, resulting in a deficit of RON 10.3 billion, according to Mediafax newswire. The deficit, representing 1.47 percent of GDP, has kept within the National Bank of Romania […]
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2Performant Network S.A., owner of 2Parale affiliate platform, launched Edge, full service performance marketing agency. The company aims to manage, in its first year, media budgets of over EUR 3 million. Edge is owned by 2Performant Network and 2Performant and its founders are Dorin Boerescu, CEO of 2Performant Network, and Cosmin Nastasa, managing director of Edge. Previous to becoming Edge’s […]
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Having intermediated residential sales amounting to EUR 24 million in 2015, real estate consulting firm Premier Estate Management casts an optimistic look towards 2016, estimating a 50 percent increase in sales and consistent investment in real estate. The company manages 1,500 apartments with a total value of EUR 150 million and in 2015 mediated the […]
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26 percent of Romanian parents are willing to spend over RON 500 (over EUR 100) monthly on extracurricular classes and workshops meant to develop their children’s abilities, says a study conducted by Smart Education, a center for parenting and children’s personal development workshops, on a sample of 200 parents. Of the parents, 21 percent are […]