Three in four Romanian entrepreneurs (76%) believe in chance as a factor of business success, although more than half of them assess the business environment as difficult, according to the findings of a survey published on Thursday.According to Query Research for Raiffeisen Bank Romania, Romanian entrepreneurs believe that adaptability and flexibility, along with a clear vision and a well-defined mission, are essential to succeed in business. In addition to qualities such as perseverance and courage, chance is considered by many to be an important factor.Also, 62% of respondents assess the business environment as difficult, but, nevertheless, 61% remain optimistic that the company they run will have a significant financial development in the next two-three years.Entrepreneurs estimate that the IT, agriculture, production and services will have the highest growth in the coming years, and the factors that could boost the development of these businesses are economic and political stability, the availability of skilled labour and access to funding.The majority of respondents believe that digitalisation and/or automation of processes and operations is important for the development of their businesses, while more than half of those surveyed (54%) intend to invest more in technology in the next two-three years.The survey was conducted on a sample of 150 entrepreneurs from companies with a turnover between EUR 1 million and EUR 50 million.Building on the findings of the survey, Raiffeisen is launching a regional conference series "Be Inspired. Make it Happen!" in Timisoara, Craiova, Iasi and Constanta, which will be moderated by Andreea Esca."This series of conferences is dedicated to entrepreneurs and business leaders who run businesses with a history in the market, who perform in their fields and who want to be more competitive and, why not, to scale internationally. Beyond these events, we want to support Romanian businesses to become more competitive locally and regionally," Cristian Sporis, vice-president of the Corporate Division and member of the Board of Directors of Raiffeisen Bank Romania, is quoted as saying in a press release.The bank has designed this series of events to provide relevant information about the current economic context and about concrete market positioning and growth strategies.Raiffeisen Bank, a universal bank, with solid capitalisation and liquidity, operates on the Romanian banking market and serves approximately 2.3 million customers, individuals and legal entities.
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
