The largest share of companies which in 2023 reached an extremely high digital intensity level (DII) was found in Finland (13%), Malta (11.4%) and the Netherlands (11%), while Romania and Bulgaria ranked last in EU, in the conditions in which most enterprizes had a very low index level (72.1% and 70,6%), according to data released by Eurostat. Last year, 59% of EU companies reached at least a basic digital intensity level, which supposes the use of at least four out of 12 digital technologies selected, such as AI or electronic trade sales which represent at least 1% of the overall business figure. A basic level includes business with a low, high and very high DII, excluding the extremely low level. In the case of small companies in EU, 58% reached a basic DII level, against 91% in the case of big companies. However, only 4.4% of small EU companies have a very high DII level, while 19.6% has a high level. Most small companies in EU record a low DII (33.8%) or a very low one (42.3%). According to these figures, in 2023 small companies in EU were at a distance of 32% versus the ambitious target foreseen in the digital strategy for 2030. The EU objective is that 90% of small companies shouldreach at least a basic DII level by 2030.
The exhibition RomanIa – Identity representation of traditional dress in art, currently on view at the National Museum of Art of Romania (MNAR), gathers a variety of artistic representations of the traditional blouse ia, from painting and sculpture, to drawing, photography, installation, film, music, posters, fashion, books, albums, and more. It includes works by Henri […]
Over 136,000 non-EU citizens held residence permits for employment in Romania at the end of August this year, most of them coming from Nepal, Sri Lanka, Turkey, Moldova, and India, and two out of three immigrants live in Bucharest, Ilfov, Constanța, Timiș, and Cluj, according to a study conducted by the Economic and Social Council. […]
Romanian prosecutors conducted house searches in 12 locations in Bucharest and two in Târgu Mureș on Wednesday, November 26, in a case targeting former employees of bankrupt insurer Euroins. Specifically, the searches targeted 10 individuals who held executive management positions within Euroins, as well as the headquarters of legal entities controlled by the Bulgarian shareholders […]
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]
The Romanian Consulate in New York shared on social media the story of George Pomuț (George Pomutz, born Gheorghe Pomuț), the Romanian-American who facilitated the sale of Alaska to the US. Despite his role in US history, the Romanian is largely unknown today, the Consulate noted. Pomuț was born in the Hungarian town of Gyula, […]
Shares of Cris-Tim Family Holding (BVB: CFH) began trading on the Bucharest Stock Exchange on November 26 after an IPO worth RON 454.35 million (EUR 89.3 million) conducted last month. Cris-Tim is now the largest entrepreneurial company in the food sector on the BVB Main Market. The funds raised from institutional and over 8,000 retail […]
