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.
A street in Bucharest’s District 3 has been closed to traffic after the state-owned gas network operator Transgaz warned that it had been built over natural gas pipelines in violation of safety standards. Brățării Street was allegedly built by the District 3 City Hall in the area without proper measures in place. Vehicular traffic over […]
Paysera is strengthening its position in Romania by targeting a gap long overlooked by traditional banks: affordable, fully digital financial services for small and medium-sized businesses. In an interview with Romania Insider, Daniel Turbatu, Country Manager of Paysera Romania, says the company’s biggest advantage remains its free business account, which can be opened entirely online […]
DN Agrar Group (BVB: DN), one of the leading integrated agrifood companies in Romania and the largest dairy milk producer in Europe, reported record results for the first nine months of 2025. The company achieved a turnover of RON 158 million, a 25% increase year-on-year, while net profit doubled to RON 43 million, backed by […]
Presidential adviser Ludovic Orban is leaving his position after just six weeks in office, following a mutual agreement with president Nicușor Dan to end their collaboration, the Presidential Administration announced on Tuesday, November 18, as reported by Agerpres. Orban, a former prime...
Yellow Fresh Fruits has quickly emerged as one of Romania’s most dynamic fresh fruit importers, reshaping a market where consistency and speed increasingly define competitiveness. In an interview with Romania Insider, Fryderyk Schiller, COO of Yellow Fresh Fruits, outlines how the company expanded from its Polish origins to operating advanced ripening centers in Timișoara, Bucharest, […]
The design phase for the most difficult section of the A8 highway, namely Lot 2B Grinţieş-Pipirig, has begun, according to a statement given by Romanian transport minister Ciprian Şerban on Monday, November 18. The contract for the section, valued at RON 5.97 billion (EUR 1.17 billion), was signed at the end of October. In total, […]
