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.
Druid AI today announced it has secured USD 31 million in Series C financing to advance the global expansion of its enterprise-ready agentic AI platform under the leadership of its new CEO, Joseph Kim. The investment was led by Cipio Partners, with participation from TQ Ventures, Karma Ventures, Smedvig, and Hoxton Ventures. Kim has more […]
Drivers in Bucharest lose, on average, 12 working days annually due to congestion, according to Traffic Index 2025, an analysis carried out by the Institute for Visionary Cities. The index compares how much circulation slows down on working days compared to a free-flow regime, for the 41 county seat municipalities and Bucharest. According to the analysis, […]
Romania’s Senate and Chamber of Deputies held a moment of silence on Monday, September 15, for American conservative activist Charlie Kirk, who was shot dead at a university event on September 10. The marking of Kirk’s death came at the initiative of the far-right party Alliance for the Union of Romanians, or AUR. Both Kirk […]
A mountain shelter is scheduled to open this fall in the Făgăraș Mountains' Curmătura Bratilei area following a EUR 60,000 investment. The shelter, located at an altitude of 2,100 meters, is built by the private ophthalmopediatric hospital Infosan in partnership with the non-profit Carpați Mountain Association and the Brașov Emergency Situations Inspectorate (ISU Brașov). The […]
The official trailer for The Yellow Tie/Cravata Galbenă, a major international production about the life of renowned Romanian conductor Sergiu Celibidache, has been released, with the film set to hit cinemas nationwide on November 14. The cast includes John Malkovich and Miranda Richardson, both double Academy Award nominees, along with Ben Schnetzer, Kate Phillips, Sean […]
The presidential elections held in November 2024 in Romania were influenced by a large-scale hybrid war orchestrated by Russia before they were cancelled, according to general prosecutor Alex Florența. Romania’s presidential election was annulled last December after declassified reports alleged Russian involvement in cyber activities aimed at undermining the integrity...
