Six out of ten Romanian entrepreneurs consider the business environment is unfavorable despite an active entrepreneurial spirit and innovation intentions, with economic instability as one of the biggest hurdles, besides inflationary pressures, red tape and geopolitical instability, reveals EY’s Entrepreneurship Barometer in CEE.
Lemet, a Romanian furniture producer and retailer, has invested almost EUR1 million in a Iasi store.
Belgian-held drywall products maker Etex Building Performance reported turnover worth RON360.5 million (around EUR72.5 million) for 2024, up 4.4% from 2023, in line with ZF calculations based on Finance Ministry data.
Cement manufacturer Romcim, owned by Irland’s CRH, for 2024 reported turnover worth RON2.159 billion (EUR434 million), up 17.5% from 2023, in line with ZF calculations based on Finance Ministry data.
Romania e-commerce market continues to grow and is expected to reach around EUR12.8 billion this year, up 10% from 2024. The upward trend will continue in 2026, believes Sorin Dochian, country manager at compari.ro, a price comparison platform part of European group Heureka, present on nine markets of CEE.
SCOR, one of the major reinsurers in Europe, is preparing to create an operational presence in Romania and is looking for some 1,500 to 2,000 square meters of modern office space in Bucharest, with the potential to accommodate approximately 200 employees, real estate market data show.