Over one million companies (1,056,574) have been closed down in Romania over the last thirty years, shows an analysis Termene.ro, according to which lack of business education is the main reason for which many companies fail. The lack of business education is the main reason for which many companies fail. Thus, with an annual average of 34,000 closed down companies, Romania lost most companies in 2019 (230,330), 2006 (135,875) and 2002 (109,039). The main obstacle which the entrepreneurs have when they want to increase their own business is lack of education, which is still at the top, followed by access to financing and lack of knowledgeable people. That is why, we need courses about how to manage and increase businesses professionally, without micromanagement and without sacrifices. In my opinion, 25% of the closed down companies in Romania could have survived if their founders had had access to educational resources and today we would have had 250,000 healthy companies more on the local market’ Adrian Dragomir, business innovation consultant and co-founder Termene.ro said. Termene.ro is a platform which offers real time updated information about the companies on the local market.
In a world where remote, hybrid, or flexible work has become the norm, connections between colleagues outside the office are more important than ever. Recent studies show that these bonds boost performance, engagement, and employee loyalty, and companies that understand this are increasingly investing in shared experiences. It’s not just about fun; it’s an essential […]
Romanian far-right, pro-Russian member of the European Parliament Diana Șoșoacă was present in Moscow on October 19, where she participated in the 20th anniversary of the Russia Today television station, an event attended by president Vladimir Putin. The MEP’s presence in Moscow was announced by the party she leads, SOS Romania, and presented as a […]
The Romanian Intelligence Service (SRI) has warned of a coordinated online disinformation campaign spreading false information about the recent explosion at the apartment building in Bucharest’s Rahova district, which killed three people and injured 15 others. In a statement released on Monday, October 20, SRI said that in recent days, numerous conspiracy...
The “Madrigal – Marin Constantin” National Chamber Choir will perform in Spain for the first time in 31 years as part of a special tour celebrating Romania’s National Day and the long-standing diplomatic ties between the two countries. Between November 24 and 30, under the direction of Anna Ungureanu, the choir will hold concerts in […]
Exim Banca Românească will organize, in the coming period, a series of meetings with representatives of the business communities in the main economic centres of the country, an initiative that is part of the Bank’s strategic endeavour to strengthen the partnership with the business environment and to gather relevant market perspectives, to underpin the development […]
Romanian Border Police have seized roughly 22 kilograms of cannabis at Bucharest’s Henri Coandă International Airport (Otopeni) after discovering the drugs in the checked luggage of a 35-year-old Albanian citizen arriving from Athens, Greece. According to the official statement, officers from the Bucharest Airports...
