Entrepreneurs anticipate new price increases in products and services, most of them estimating price increases between 10% and 30%, according to a recent survey conducted by the National Council of SMEs in Romania.In this context, 47.5% said that they have the possibility to increase the minimum wage of their employees by 200 non-taxable RON in the next period.To the question: "What is the reason why you will not increase the salary of your employees earning the minimum wage", the entrepreneurs replied: large expenses with fuel/energy/gas - 52.5%, maintaining competitiveness within signed contracts - 45%, salary increases previously granted - 27.5%, large expenses with raw materials - 15%.Regarding the short-term businesspersons objectives, 70% of the entrepreneurs mentioned the maintenance of the activity and of the employees at the current level, 25% mentioned the development of the activity and the increase of the number of employees and the remaining 5% will reduce the company's activity.The majority of those interviewed (97.5%) do not consider it useful to introduce the obligation to register in the Catalogue of companies and to pay a fee to a private organization (100 euros / year for large enterprises, 75 euros / year for medium-sized enterprises, 50 euros / year for small enterprises, 20 euros / year for micro-enterprises, 10 euros / year for authorized individuals, sole proprietorships and family businesses).Also, 90% of them do not see useful the introduction of the obligation to obtain a certificate of competence for the administration of their own activity - for a fee - in the first year after its establishment from a private organization.Business people have the lowest trust in the chambers of commerce (75% of them giving these organizations a grade of 1, on a scale from 1 to 5 where 1 is the lowest trust and 5 - the highest trust), NGOs (57% of them giving a grade of 1) and in the public system respectively the Ministry of Entrepreneurship, Ministry of Finance, ANAF (tax authority), ONRC (trade register) (55% awarded a grade of 1).At the same time, 45% of entrepreneurs granted a 5 grade to the employers' confederations.The survey was conducted by the National Council of SMEs between 10 and 18 May 2022, in order to identify entrepreneurs' opinion on the current economic context and the degree of trust of SMEs in the representative institutions. The survey was answered by 2835 entrepreneurs. Regarding the form of organization, the respondents were 72.5% micro-enterprises, 17.5% small enterprises and 10% medium-sized enterprises. Regarding the field in which the respondents carry out their activity, 72.5% are from services, 22.5% are from production and the remaining 5% are from the trade field.
Loud screens and noise stress young children and affect their development Sound pollution in Romanian homes affects children's learning, play, and sleep, who are more vulnerable to noise than adults Studies show that children exposed to TV for 2 hours daily are 6 times more likely to experience language development delays Renowned doctor: Experiences actually […]
Estonian cinema will take center stage at the 24th edition of the Transilvania International Film Festival (TIFF) in the Focus Estonia program, presenting a curated selection featuring both recent releases and rediscovered classics, screened in restored versions. Among the films to be screened is Moonika Siimets' The Black Hole (2024), a dark sci-fi comedy inspired […]
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In a ruling handed down on Tuesday, May 13, the Bucharest Court of Appeal rejected a request by US authorities for the extradition of a 17-year-old Romanian student. The youth is accused of sending hundreds of bomb threats and manipulating underage girls into engaging in acts of extreme violence, sexual exploitation, and self-harm. Aside from […]
Accor, a global leader in hospitality, has announced the expansion of its presence in Romania by signing a franchise agreement with Amazonia Aquapark SRL for Novotel Timișoara. The newly built hotel is scheduled to open by the end of 2027, marking the brand's first property outside Bucharest and becoming a flagship for Novotel in Eastern […]
A survey published on Wednesday, May 14, by the Open Minds Association shows that Romanians strongly support respect and mutual support in the workplace, signaling that the business environment can play a critical role in supporting social unity. According to the first data set from the “Diversity and Inclusion Barometer,” May 2025 edition, 81% of […]
