The largest share of companies which in 2023 reached an extremely high digital intensity level (DII) was found in Finland (13%), Malta (11.4%) and the Netherlands (11%), while Romania and Bulgaria ranked last in EU, in the conditions in which most enterprizes had a very low index level (72.1% and 70,6%), according to data released by Eurostat. Last year, 59% of EU companies reached at least a basic digital intensity level, which supposes the use of at least four out of 12 digital technologies selected, such as AI or electronic trade sales which represent at least 1% of the overall business figure. A basic level includes business with a low, high and very high DII, excluding the extremely low level. In the case of small companies in EU, 58% reached a basic DII level, against 91% in the case of big companies. However, only 4.4% of small EU companies have a very high DII level, while 19.6% has a high level. Most small companies in EU record a low DII (33.8%) or a very low one (42.3%). According to these figures, in 2023 small companies in EU were at a distance of 32% versus the ambitious target foreseen in the digital strategy for 2030. The EU objective is that 90% of small companies shouldreach at least a basic DII level by 2030.
The Arts Hour on Tour, the BBC World Service arts and culture program that visits cities all over the world, will be in Bucharest next week to record a show on topics relating to the cultural life in the city and Romania. Television and radio broadcaster Nikki Bedi, who curates, writes, and presents the program, […]
Romanian prime minister Marcel Ciolacu recently stated during an interview that foreign minister Emil Hureaznu will be replaced if he continues to send messages to private individuals, such as those addressed to Elon Musk, without consulting him. The warning comes after Emil Hurezeanu stated on Saturday, February 22, that Elon Musk’s support for Călin Georgescu […]
Romanian state-controlled gas producer Romgaz (BVB: SNG) reported a net profit of RON 3.22 bln (EUR 647 mln) in 2024, up 14.5% compared with the previous year. The company’s revenues went down by 11.9% to RON 7.93 bln (EUR 1.6 bln) because of lower...
The Romanian Parliament rejected the no-confidence motion initiated by far-right parties AUR, SOS Romania, and POT against the government led by Social Democrat prime minister Marcel Ciolacu. The motion received 147 votes in favor and one against during the lawmakers' meeting on Friday, February 28 - a figure lower than the 155 signatures with which […]
Nuclearelectrica (BVB: SNN), the company that operates Romania’s only nuclear power plant – Cernavoda, reported a net profit of RON 1.7 bln (EUR 343 mln) in 2024, down 31% compared with the previous year. The company recorded 37.6% lower revenues from electricity sales due to lower average...
In his first press conference since becoming interim president, held on Friday, February 28, Ilie Bolojan said that discussing peacekeeping troops in Ukraine is premature, since no peace agreement was reached. He also discussed increasing Romania’s defense spending, the relationship with the United States, and the reconstruction of Ukraine. The press conference was organised after Ilie […]
