Entrepreneurs in Romania correctly perceive business opportunities in the market but fear failure and see difficult access to financing as a significant barrier to business development. These are two main findings included in the country report on entrepreneurship - research conducted by the Babeș-Bolyai University (UBB)-FSEGA team within the international project Global Entrepreneurship Monitor (GEM).
Compared to countries in Eastern Europe, Romania's entrepreneurial potential...
Wizz Air has announced an increase in flight frequencies on 14 popular European routes from Bucharest Henri Coandă International Airport starting in July. The additional flights will serve destinations including Malaga, Alghero, Billund, Bari, Basel, Memmingen, Heraklion, Larnaca, Lyon, Madrid, Malta, Milan Malpensa, Nice, and Nuremberg. Fares start from RON 79, available through the airline’s […]
The Universal Day of the Romanian Blouse is set to be celebrated this year also on July 12, as part of the Romanian Weekend at The Wharf, the most significant Romanian cultural diplomacy event in the United States. The event will take place at District Pier, 101 District Square SW, Washington, DC. The Universal Day […]
Romania's National Meteorological Administration (ANM) has issued an Orange Code warning for extreme heat and heightened thermal discomfort, affecting 12 counties and the capital city, Bucharest. The alert will be in effect from Thursday morning, June 26, until Friday morning, at 10:00 AM. The Orange Code covers Banat, Oltenia, and the southern half of Muntenia, […]
Trade unions at Romanian passenger railway company CFR Călători will start the procedures leading up to the strike on July 1 if the new Collective Labor Agreement is not signed at the company level, announced the president of the Federation of Railway Transporters' Unions in Romania, Rodrigo Maxim,
Tata Consultancy Services (TCS), part of India’s Tata Group, has opened a new engineering center in Romania as part of its strategic expansion across Europe, the company announced. The facility will focus on software-defined vehicle (SDV) technologies, positioning Romania as a key location in the firm’s efforts to develop next-generation mobility solutions. The Romanian center […]
The Concordia Employers' Confederation reiterated its concern about the proposed tax increases, which will affect the competitiveness of Romanian companies and reduce the purchasing power of citizens. "We draw attention to the fact that budgetary balance should be pursued primarily through efficiency and more efficient fiscal administration, and less through measures that would tighten the […]
