The fear of failure is the main hindrance for 85 percent of the Romanians who would like to gain some extra money from a private business, as entrepreneurs, while roughly a quarter (24 percent) are certain they have the necessary skills to commence a business, the Amway Report on entrepreneurship at global level in 2015, released on Wednesday, reads. According to "AGER: Amway's Global Entrepreneurship Report", 38 percent of the Romanians have declared they want to become entrepreneurs. Likewise, almost one half of the interviewed deem that entrepreneurship could bring them a second income source, while 40 percent say this status would make them independent to an employer. The main obstacles to entrepreneurship, according to the Romanian questioned are the fear of failure (85 percent), on a rough rise to the 60 percent of the answers given in 2014 and much above the 69 percent European average. In addition, only 19 percent of the respondents have vindicated that the Romanian society would be entrepreneur-friendly, in a mere decrease against 22 percent in 2014. AGER is a global research carried by Amway in partnership with the Technical University Munich's Strategy and Organization desk. The data collection in the field was coordinated by the "Gesellschaft fuer Konsumforschung (GfK) Nuremberg (TUM)" study. The target-group interviewed in May 26 - June 15, 2015 was represented by 1,084 women and men aged over 15. The research was carried through the individual interviews' method, in accordance with the Omnibus (PAPI-Technology) procedure, by the Gesellschaft fuer Konsumforschung (GfK) Nuremberg and Technical University Munich (TUM)
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
