The profits recorded by the companies that are active on the gambling market in Romania have decreased ten-fold, down to the value of 187 million RON, in 2020, from over 1 billion RON, the year previously, shows an analysis conducted by the specialists of the termene.ro specialty platform.At the same time, the local gambling market recorded a decline of approximately 50 pct, superior as a share even to the HoReCa industry, which only contracted 30 pct.According to termene.ro, in terms of value, the year 2020 meant a drop in income, from 10 billion RON (value recorded at the level of 2019) to 5.13 billion RON (value recorded at the end of 2020). In 2018, the income of companies that are active in this domain was of 9.16 billion RON.In what regards the human resource, the drastic drop in income resulted in the decrease in the number of employees, from 27,600 in 2019 to fewer than 18,400 in 2020.From the point of view of companies that reported financial situations for each year analyzed, the trend is, also, dropping. Thus, for 2018 there were 924 companies that submitted financial situations, in 2019 their number dropped to 828, and in 2020 only 645 entities submitted annual financial data.Termene.ro is a company established in 2014 out of the wish to allow companies to identify business opportunities and a correct evaluation of risk for more prosperous business, offering an intuitive and easy-to-use platform.Up to now, over 70,000 companies have access to the complete platform that offers real-time information on financial and legal data for companies in Romania.
If you’re searching for a hidden gem in Europe, Romania is calling your name. Tucked between the Carpathian Mountains and the Black Sea, this country is an untouched marvel, combining natural beauty, rich history, and endless opportunities for entrepreneurs and retirees alike. Romania offers a unique blend of modern life and ancient charm, making it […]
Let’s talk about the lack of connection with our body and how this is closely tied to burnout, plus, what to do about it. So often throughout the day, we live almost entirely in our minds. We’re focused either on what we have to do at the moment—tasks that increasingly demand mental effort over physical […]
Six men and one woman from Romania have been accused of recruiting dozens of children and adults from foster care centers, whom they then transported to Hungary, where they turned them into slaves, forcing them to work under inhumane conditions. The accused are from the localities of Ozun and Chilieni, Covasna County, Romania, and allegedly […]
The Museum of Collectivization, the first in Romania dedicated to the forced collectivization period of the communist era, is set to open a new wing, Corp B, funded through the EU-backed National Recovery and Resilience Plan (PNRR) and co-financed by the National Cultural Fund Administration (AFCN). With the new building, the museum located in Tămășeni, […]
Romania’s “Madrigal – Marin Constantin” National Chamber Choir, conducted by Anna Ungureanu, will be in Luxembourg and Belgium, as part of the “Bridges Across Europe/Punți peste Europa” European tour, where it will perform five extraordinary concerts. The performances will take place between November 20 and 25, with the help of the Ministry of Culture, the Romanian Embassy […]
The European Development Bank approved a EUR 140 million loan for Romania’s “Cultural Foundations” project, aimed at preserving historical monuments and constructing cultural buildings in the country. The project targets 14 investment objectives of national and European relevance, administered by public institutions under the Ministry of Culture, including the Romanian Athenaeum, the Romanian National Operas […]
