Business Review Awards 2017 – .

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Making a case for entrepreneurial education

Speakers on the panels of Day 3 of the 2016 Foreign Investors Summit (FIS) made a case for entrepreneurship education as a powerful and necessary tool in shaping the future of entrepreneurship in Romania.

The need for education emerged as a theme across panels, with speakers representing both the public and the private sector stressing […]

By |November 3rd, 2016|Uncategorized|0 Comments

Matteo Patrone (EBRD): Romania is on the map of investors

During the third and last day of the Foreign Investors Summit (FIS), panelists participating in the Funding round | Perceptions vs Realities discussed Romania’s potential to attract investment in the current economic and political climate. 

According to financiers, due to its current political stability and high economic growth rate, Romania finds itself in a favorable position, compared to the neighboring countries. “Romania is on the map of […]

By |November 3rd, 2016|Uncategorized|0 Comments

Iulian Sorescu (Noerr), on the new state aid scheme: Investments over EUR 1 million can receive up to 70 percent financing

Iulian Sorescu, associated partner, head of Financial Department at Noerr, said on Wednesday, during the second day of the Foreign Investors Summit, the 3-day event organized by Business Review magazine, that Romanian authorities are planing to launch a new state aid scheme that focuses on small and medium-sized enterprises.

“Aside from the two state aid schemes […]

By |November 3rd, 2016|Uncategorized|0 Comments

Mihai Boldijar (Robert Bosch Romania): In the past 10 years we invested EUR 200 mln

Mihai Boldijar, general manager, Robert Bosch Romania, said on Wednesday, during the second day of the Foreign Investors Summit, the 3-day event organized by Business Review magazine, that the company has invested EUR 200 million in the country in the past decade.

He said that the company has locally several operations, including a BPO unit and […]

By |November 2nd, 2016|Uncategorized|0 Comments

Claudiu Petre (Telekom Romania): The local outsourcing market employs 63,000 people and is worth RON 1.2 billion

Claudiu Petre, structural funds and business development projects manager at Telekom Romania, said on Wednesday, during the second day of the Foreign Investors Summit, the 3-day event organized by Business Review magazine, that the outsourcing market in Romania currently employs 63,000.

According to Petre, the value of the local outsourcing market is worth RON 1.2 […]

By |November 2nd, 2016|Uncategorized|0 Comments

State secretary Vrinceanu: New state aid scheme worth RON 200 mln to be rolled out in Romania next year

Claudiu Vrinceanu, the state secretary at the Ministry of Economy, said on Tuesday, during the Foreign Investors Summit, the 3-day event organized by Business Review magazine, that the government will launch next year a new state aid scheme called Scale up.

This new scheme has a RON 200 million (around EUR 40 million) budget that targets […]

By |November 1st, 2016|Uncategorized|0 Comments

Daniel Daianu (BNR): “We have an exodus of human capital”

Daniel Daianu, member of the administration board at the National Bank of Romania (BNR), said on Tuesday, during the Foreign Investors Summit, the 3-day event organized by Business Review magazine, that the country’s labor market poses challenges.

The foreign investment community in Romania has issued warnings in the past few years about the lack of the […]

By |November 1st, 2016|Uncategorized|0 Comments

Minister Pislaru: “Romania has just entered into a new boom cycle”

The minister of labor Dragos Pislaru said on Tuesday, during the Foreign Investors Summit, the 3-day event organized by Business Review magazine, that “Romania has just entered into a new boom cycle”.

The minister suggested that going forward, the authorities should make sure that the current pace of development is maintained and that there aren’t any […]

By |November 1st, 2016|Uncategorized|0 Comments

Analysis. Business opportunities from Romania’s transition to green economy

The transition from a “brown economy” to a green one entails a complete rethink of the economic model to one that generates growth and prosperity without exhausting the natural systems that sustain us. As with every challenge, the key to achieving sustainable growth is to unlock and seize the opportunities that open up during […]

By |October 28th, 2016|Uncategorized|0 Comments

Analysis. High-tech industries and competitive costs for workforce – the future of FDI in Romaniav

The authorities have been trying in the past few months to change the perception that Romania is a low-tech country attracting foreign investors that are looking for a cheap labor force. With foreign direct investments this year set to exceed the EUR 3 billion registered last year, the government has been talking extensively about […]

By |October 28th, 2016|Uncategorized|0 Comments