The Startup Ingenium project, co-financed by the European Social Fund through the Human Capital Operational Programme 2014-2020, with a total value of 9.681 million lei (of which 9.661 million lei non-reimbursable financing) will be implemented over January 2022 - December 2023, informs the National Council of Small and Medium-Sized Private Enterprises in Romania (CNIPMMR).According to the quoted source, the general objective of the project is to encourage entrepreneurship and employment among students by supporting the establishment of enterprises operating in economic sectors with competitive potential."The target group of the project consists of a number of 350 people from the following categories of eligible target groups, defined according to the specific conditions guide: Students (International Standard Classification of Education - ISCED level 5-7) and PhD students in the doctoral studies cycle (PhD students, ISCED level 8) with domicile / residence in the less developed regions of Romania (respectively North-East, South-East, South Muntenia, South-West Oltenia, West, North-West and Center), as well as in the more developed region Bucharest - Ilfov," the release reads.The project will include training courses, internships and mentoring and 29 people who will participate in a business idea competition to obtain funding between 40,000 euros and 60,000 euros (the first 13 business plans that propose 2 jobs will get 40,000 euros and the first 13 business plans that propose 3 jobs will get 60,000 euros).According to CNIPMMR, the results of the project implementation will be: 350 people tested in order to assess their entrepreneurial potential and 350 graduation certificates issued by ANC attesting to the improvement of skills in the entrepreneurial field. There will also be 65 jobs created and maintained, 29 internship reports for people whose business plans have been selected for de minimis aid plus 3 more reserves, as well as 29 persons who will benefit from personalised counseling / consulting / mentoring services and 26 enterprises established according to Law 346/2004.
Romania registers one of the highest shares in Europe of people aged over 16 with disabilities who are at risk of poverty or social exclusion, according to Eurostat data processed by Monitorul Social, a project of Friedrich-Ebert-Stiftung Romania. A total of 38.4% of people with disabilities in the country were at risk of poverty or […]
New research by Revolut Business among 150 Romanian business decision-makers (CEOs, CFOs, and COOs) revealed that local companies prefer to invest their money in modernizing their IT infrastructure and automating outdated systems rather than in artificial intelligence. When asked where the largest budget increase will go this year, ‘modernizing IT infrastructure and cloud migration’ takes […]
Romania’s modern retail market surpassed the 5 million sqm threshold in 2025, following the delivery of around 190,000 sqm of new retail space, about 20% above the average of the past five years, according to an annual report by Colliers. Despite a more moderate economic backdrop, 2026 is expected to bring roughly 240,000 sqm of […]
Romanian business leaders remain optimistic for 2026, with 86% of C-suite executives surveyed in Forvis Mazars's C-suite barometer: outlook 2026 expecting growth. This is slightly below the 92% reported globally and down from 90% in 2025. While confidence is strong locally, Romanian executives are more cautious than their global peers, reflecting the region's economic and […]
As one of the largest economies in the world, Germany is without a doubt one of the best countries to do business in. Economic stability, excellent infrastructure, and trade cooperation with nations worldwide are some of the reasons to launch a company here; however, they are not the only ones. What makes Germany appealing for […]
One United Properties (BVB: ONE) recorded total residential sales and pre-sales of EUR 174.1 million in 2025, corresponding to 57,018 sqm of residential and commercial spaces. These results reflect the sale and pre-sale of 577 apartments and commercial units, as well as 768 parking spaces, and represent a 18% price increase. The 18% increase in […]
