Entrepreneurs anticipate new price increases in products and services, most of them estimating price increases between 10% and 30%, according to a recent survey conducted by the National Council of SMEs in Romania.In this context, 47.5% said that they have the possibility to increase the minimum wage of their employees by 200 non-taxable RON in the next period.To the question: "What is the reason why you will not increase the salary of your employees earning the minimum wage", the entrepreneurs replied: large expenses with fuel/energy/gas - 52.5%, maintaining competitiveness within signed contracts - 45%, salary increases previously granted - 27.5%, large expenses with raw materials - 15%.Regarding the short-term businesspersons objectives, 70% of the entrepreneurs mentioned the maintenance of the activity and of the employees at the current level, 25% mentioned the development of the activity and the increase of the number of employees and the remaining 5% will reduce the company's activity.The majority of those interviewed (97.5%) do not consider it useful to introduce the obligation to register in the Catalogue of companies and to pay a fee to a private organization (100 euros / year for large enterprises, 75 euros / year for medium-sized enterprises, 50 euros / year for small enterprises, 20 euros / year for micro-enterprises, 10 euros / year for authorized individuals, sole proprietorships and family businesses).Also, 90% of them do not see useful the introduction of the obligation to obtain a certificate of competence for the administration of their own activity - for a fee - in the first year after its establishment from a private organization.Business people have the lowest trust in the chambers of commerce (75% of them giving these organizations a grade of 1, on a scale from 1 to 5 where 1 is the lowest trust and 5 - the highest trust), NGOs (57% of them giving a grade of 1) and in the public system respectively the Ministry of Entrepreneurship, Ministry of Finance, ANAF (tax authority), ONRC (trade register) (55% awarded a grade of 1).At the same time, 45% of entrepreneurs granted a 5 grade to the employers' confederations.The survey was conducted by the National Council of SMEs between 10 and 18 May 2022, in order to identify entrepreneurs' opinion on the current economic context and the degree of trust of SMEs in the representative institutions. The survey was answered by 2835 entrepreneurs. Regarding the form of organization, the respondents were 72.5% micro-enterprises, 17.5% small enterprises and 10% medium-sized enterprises. Regarding the field in which the respondents carry out their activity, 72.5% are from services, 22.5% are from production and the remaining 5% are from the trade field.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
