The most recent results of the FIC Business Sentiment Index (carried out in September 2018) brings some important insights on both workforce and fiscal related topics. Still there is a continued dichotomy between FIC members expecting higher revenues and business growth in the short-term but being concerned about the lack of infrastructure and stability of the regulatory framework. FIC maintains its position that, in due time, the lack of predictability and of investments will reduce the economy’s competitiveness and long-term growth potential....more »

DPD Romania, one of the largest express delivery and parcel delivery companies on the local market, has launched the DPD Collect service, an eco-friendly, fast and flexible solution for delivering and dispatching parcels following a investment of 1...more »

The trade deficit increased by 11.2% (766.5 million euros) in the first seven months of this year compared to the same period last year, reaching 7.577 billion euros, National Institute of Statistics (INS) announced....more »

According to DPD Romania, one of the largest courier and express delivery companies on the local market, Romanians sent over 48% more parcels abroad in the first 7 months of the year, compared to the same period of last year. Most of the parcels shipped from Romania abroad were delivered to Bulgaria, Hungary, Germany, Italy and the United Kingdom, accounting for about 91% of all parcels dispatched abroad. As regards the volume of parcels received by Romanians from abroad, their weight increased by 24%. Most of these come from Bulgaria, the Netherlands, Germany, the UK and Poland, which generated over 80% of total imports in the first 7 months of the year....more »

Gregory's, the largest network of coffee & Greek delis from Greece, announces its entry into the Romanian market with the opening of a unit in the northern area of Bucharest. The unit, operational from the beginning of July, offers its customers a wide variety οf coffee and food selections. ...more »

According to DPD Romania, one of the most important players on the local parcel and express delivery market, the average value of the parcel paid by the card at delivery through the mPOS service is 348.64 RON. The top cities where the card is most ...more »

The scale of bribery and corruption has shown no improvement globally since 2012, despite the unprecedented level of enforcement activity and introduction of new corporate criminal liability laws in that time. This is according to the15th EY Global Fraud Survey, which surveyed 2,550 professionals across 55 countries....more »

The Schweighofer Group, one of the leading European woodworking companies, makes a strategy change and sells its subsidiary Cascade Empire S.R.L. (Cascade Empire), as well as the Forest Management Division, Ocol Silvic Cascade Empire S.R.L., to the Swedish GreenGold Group....more »

The Romanian economy is growing strongly, unemployment has fallen to a record low, and the financial sector is improving shows the report issued by the International Monetary Fund ( IMF). An IMF staff team visited Bucharest during March 6-16 t...more »

Following last year's EUR 1.5 million investment in expanding its logistics capacity and software, DPD Romania, one of the largest express and parcel companies in the local market, estimates a 20% increase in turnover in 2018 and over 11 million parcels shipped during the year. In 2017, the company maintained an upward trend, with a turnover reported at the end of the year of 26.8 million. For 2018, the company will invest around 1 million euros in various business areas, including the opening of two logistics centers in Arad and Craiova....more »