The 40th edition of the “Khutsot Hayotser†International Fair of Arts and Crafts from Jerusalem, due to be held during August 3 – 15, will also include a national stand dedicated to Romania, according to the Romanian Cultural Institute in Tel Aviv. For this year’s edition, ICR Tel Aviv has prepared a stand in partnership with […]
Eviden, part of the Atos Group, announced the opening of a cloud and cybersecurity center in Timișoara, in western Romania. The CloudSecOps Centre in Romania performs advanced security operations for cloud services in compliance with EU regulations, the company explained. The project involves close collaboration between Eviden's OneCloud and Big Data & Security business lines […]
The hospitality industry is constantly changing, being influenced by technological developments and consumer preferences. Despite all these transformations, the quality of the services and facilities offered to customers remain fundamental aspects for the overall success in the field. In 2024, the strategies of specialists must be focused on personalizing the customer experience and on sustainability. […]
The average pension in Romania increased by 5.4% compared to a 2-3 average, reaching RON2,248 (€452) in April this year, according to the National Public Pension House (CNPP). The number of recipients was 4.75mn (4.98mn in 2023), of which 3.81mn reached the retirement age and completed the full required period of contribution to the public […]
The ILO seasonally-adjusted unemployment rate decreased to 5.3% in March, from 5.6% in February and 5.7% in January, Romania’s statistics office INS announced. Compared to a year ago, in March 2023 (5.5%), the unemployment rate was 0.2 percentage points (pp) lower. The unemployment rate was higher among men...
Romanian telecom group DIGI Communications (BVB: DIGI), with a market capitalization of RON 5.76bn (EUR 1.16bn), announced that the company’s management proposes to distribute RON120mn (EUR 24mn) as dividends for the fiscal year 2023, the equivalent of a gross yield of nearly 2.1%. The company’s price soared by 58% y/y compared to the 41% y/y […]
Romania’s competition body Consiliul Concurentei cleared the transaction by which Intesa Sanpaolo SpA intends to take over the Romanian bank First Bank from the US fund J.C. Flowers, according to a press release from the authority. Intesa Group is active in Romania through its subsidiary, Banca Comercială Intesa Sanpaolo Romania. Upon the takeover, Intesa will […]
