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Companies are investing 12 per cent of their annual turnover for business digitalization, ARIES study shows

Companies in the Northwest region of Romania invest annually, on average, 12 per cent of the turnover for digitalization. The share of current turnover due to digitalization is about 18 per cent, an indicator of its potential profitability. For approximately 90 per cent of companies, digitalization has led to improved competitive advantage and customer portfolio, keeping a steady number of employees.


Revolut gets European banking license

Fintech startup Revolut is now officially a bank. While the startup initially expected to get its European banking license during the first half of 2018, the company has finally come out of the regulatory tunnel with a license in hand.


Daily info
Radiocom gets EIB funds for the digitalisation of Romania's terrestrial broadcasting infrastructure

The European Investment Bank (EIB) is lending 9.78 million Euro to Romanian public company Societatea Nationala de Radiocomunicatii SA (Radiocom) to partially finance the digitalisation of the coun...

Companies are investing 12 per cent of their annual turnover for business digitalization, ARIES study shows

Companies in the Northwest region of Romania invest annually, on average, 12 per cent of the turnover for digitalization. The share of current turnover due to digitalization is about 18 per cent, a...

CE Oltenia denies media allegations, says it has no state debts

State-owned company CE Oltenia denies the allegations in the local media, according to which it has debts to the state budget worth over 100 million Euro, a press release shows.

Valentin Radu receives new mandate as chair of Electrica's board of directors
Christmas leads to material implications for retail and office market players, says Colliers
Revolut gets European banking license
Belgian WDP signs lease agreement with Auchan for 77,000 sqm of logistics space
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Reports

Romania struggles to save face ahead of Euro 2020

With less than two years until the start of the 2020 UEFA European Football Championship, Romania struggles to finish its stadiums by kick-off time. And with roughly 200,000 fans flooding the capital city to ch

New real estate bubble? It depends on who you ask

Romania's GDP has been outperforming those of neighbouring CEE countries as of last year, but its Central Bank warns that the mortgage bonanza might lead to a second real estate bubble. With market analysts poi

Romanian Energy Awards 2018: Celebrating Excellence

The Diplomat - Bucharest celebrated performance and exceptional accomplishments in the Romanian energy field, awarding 17 performers in both conventional and renewable energy, with the seventh annual event brin

 
» Oil & Gas Industry: Challenges and opportunities for Romania
» Romanian Energy Awards 2017: performance and exceptional accomplishments
» Thermal Energy Forum - Can Romania stand the heat?
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Sector Analysis

Cryptocurrency exchanges. The new outsourcing El Dorado?

Customer experience has become the new competitive battleground for crypto exchanges. Cryptocurrency exchanges seeking to maintain or gain an advantage in this highly competitive market need to consider the tr

Blockchain how it's made and what can we do with it

In the context of the "fourth industrial revolution" that everyone is talking about these days, The Diplomat - Bucharest analyses how an emerging technology like blockchain can be used for improving our lives,

Romanian energy industry: Challenges to Overcome

With a national strategy draft still to be approved, Romania faces many challenges, as the energy market is striving to find a way to attract major investments that are critically needed to enhance the developm

 
» ISS: External FM market volume will grow as more Western European FM companies open subsidiaries in Romania
» Fresh Delivery (P)
» EnergyPal: The market must invest in innovation and develop worker qualifications
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Profiles

New times-New offices

Interview with Antoniu Panait, Managing Director of Vastint Romania.

Digital transformation of energy management and automation

Interview with Marius Persinaru, Country President Schneider Electric Romania & Republic of Moldavia

Jeffrey Puritt, TELUS International: CSR is Good Business and Good for Business!

Committed to supporting the communities where they operate, TELUS International invests in excess of 100,000 Euros in corporate social responsibility (CSR) programmes and their employees volunteer thousands of

 
» Liceul Teoretic International de Informatica Bucuresti - An authentic model of education
» Coaching - a journey one must never underestimate
» Orange Romania: Two decades of growing innovation and leading the digital transformation
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Companies are investing 12 per cent of their annual turnover for business digitalization, ARIES study shows

Companies in the Northwest region of Romania invest annually, on average, 12 per cent of the turnover for digitalization. The share of current turnover due to digitalization is about 18 per cent, a...

Revolut gets European banking license

Fintech startup Revolut is now officially a bank. While the startup initially expected to get its European banking license during the first half of 2018, the company has finally come out of the reg...

Catrina, MCSI: Romania is ready to roll up its sleeves and work during the presidency of the EU Council

Romania is ready to roll up its sleeves and work during the presidency of the Council of the European Union (EU), said Maria Manuela Catrina, State Secretary at the Ministry of Communications and I...

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