Former Bucharest Mayor Sorin Oprescu showed up at the Bucharest Court, where he told journalists that the National Anticorruption Directorate’s (DNA) revised indictment has arrived in his case. When leaving the Bucharest Court, Oprescu stated that he has started to perform surgeries at the University Hospital and he finds it “formidable” that he is able […]
The IT&C field is the most attractive for Romanian high school students when it comes to their future jobs, followed by social media content creation, and marketing, advertising and journalism, according to a recent study conducted by Cult Market Research for ING Hubs Romania. The same research found that most high schoolers see themselves as […]
Key information Q1 2024 vs. Q1 2023: Best Q1 in Sphera's history in terms of sales, EBITDA and net profit Consolidated sales continue to grow at strong pace, up 9.2% Significant improvement of net profit, up 192%, to RON 21.4 million Double-digit increase in EBITDA (+69%) to RON 39.8 million Comfortable profitability, with...
In the bustling tapestry of modern life, there's a few crucial threads that often get overlooked but hold the key to a prosperous future: social and emotional well-being, mental health and… play! When people think about achieving success in life, formal environments such as schools and universities often come first to mind. But the base […]
Romanians returned 160 million returnable packaging units in April, 40% of the 400 million units introduced on the market under the guarantee-return system, or SGR, minister of environment Mircea Fechet said at the opening ceremony for a new recycling center near Bucharest. Between January 1 and April 15, 166 million packaging units were collected under […]
AROBS Transilvania Software (BVB: AROBS), the largest technology company listed on the Bucharest Stock Exchange, posts a consolidated turnover of RON 105 million (EUR 21.1 mln) in the first three months of 2024, slightly down by 5%, compared to the first quarter of 2023, normalized EBITDA of RON 20.6 million and a normalized net profit […]
The government plans to hike the minimum statutory wage to RON 3,700 (EUR 740, gross terms), prime minister Marcel Ciolacu confirmed, without saying whether this would be done by July or later this year. Currently, the minimum wage is RON 3,300 (EUR 660), meaning that the new hike would amount to just over 12%. Speaking […]
