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Automotive industry crisis reduces Bosch's gross profit by 24%

The German company Bosch is facing a reduction of 24% in gross profit achieved last year compared to 2023, due to the crisis facing the automotive industry and the machine construction sector, according to an article published at the end of last...

Budget Disaster and Political Instability in Romania

The last financial quarter of last year was a time of intense complexity for the Romanian economy, in which political and economic forces faced significant challenges generated by the general elections, the tense geopolitical context and an...

Altman's AI Super-Agents Threaten to Transform the Global Economy

US President Donald Trump's announcement of the "Stargate" project, which aims to fund at least $500 billion in programs to develop Artificial Intelligence, is a signal of the intensification of the global race for technological...

Global companies, "seduced" by Artificial Intelligence

Viewed with skepticism upon its appearance on the public stage, Artificial Intelligence has managed to seduce people and companies in a very short time. Over half of executives (51%) intend to use Artificial Intelligence (AI) in the short and...

ASIAA President, Constantin Bucuroiu: "We are currently facing an acute shortage of personnel in the national defense industry, even though, based on memoranda, the Government has ordered the hiring of personnel at Carfil Braşov, Cugir Mechanical Plant, Drafomireşti Mechanical Plant and Mija Mechanical Plant. The shortage of personnel is acute, if we take into account that, in the case of subordinate companies, 1,390 employees out of the 5,600 are retired, i.e. 25%.

National defense industry - modernization with retirees

The revitalization of the national defense industry is achieved with employees who are at or past the retirement age, Constantin Bucuroiu, president of the Alliance of Trade Unions in the Defense and Aeronautics Industry, told the BURSA...

Photo source: https://www.facebook.com/sadd420/photos_by

Political crisis in South Korea: martial law rejected by Parliament, uncertain prospects for President Yoon Suk Yeol

The martial law, decreed two days ago by Yoon Suk Yeol, the President of South Korea, as a necessary measure in light of the nuclear threats coming from the political regime in Pyongyang, which allegedly had supporters in Seoul, has proven,...

In her speech, von der Leyen put particular emphasis on Roxana Mînzatu's role in the new European Commission. The Executive Vice-President will have the mission of leading European policies related to the development of citizens' skills, education and adapting the workforce to the challenges of the future.

European Parliament approves new European Commission: Roxana Mînzatu, Executive Vice-President

Yesterday, in the plenary session in Strasbourg, the European Parliament approved the new European Commission for the 2024-2029 term, led by Ursula von der Leyen. The vote marks a landmark moment for Romania, as Roxana Mînzatu officially becomes...

California's economy, the largest in the US, is about the size of India

Just as there are several major economic players globally, the US economy, at $29 trillion, is an economic powerhouse to be reckoned with, and official figures for 2023 and 2024 show that the state of California has the largest economy in the US,...

Sorin Mihanţa, Selmi Wood Concept SRL: European funding, insufficient for the transition from a mining-based economy to a sustainable one

Reporter: What is the situation of the workforce in Valea Jiului? Are we talking about an aging workforce or are there also young people looking for work?

The number of companies with Israeli capital in Romania has tripled since the start of the war in Gaza.

How does the war in the middle east benefit our economy?

In the context of the current economic and political tensions in Israel, generated in particular by the war with Hamas that began on October 7, 2023, the impact on Romania's economy is considerable, considering the close economic relations...

The participants in the macroeconomic panel of the SEE Property Forum discussed the challenges that influence the economic landscape of the states of Central and Eastern Europe and the current trends in consumption and investments in the respective countries

SEE Property Forum: Economic growth of 1.2-1.8%, at the end of the year, for Romania

The national economy will register an economic growth between 1.2 and 1.8% at the end of 2024, much lower than the one announced by the Government, of 2.8%, based on the data provided by the National Strategy and Forecasting Commission , said...

Photo source: facebook / Board of Governors of the Federal Reserve System

What impact might Fed policy easing have on the US stock market?

Federal Reserve Chairman Jerome Powell late last week gave the clearest indication yet that the U.S. central bank is about to do what markets have long expected - cut interest rates, which are currently at their highest high level of the last two...

A comparison between George Simion's program and Kamala Harris' program; what AUR wanted in the beginning and what it wants now - differences and adaptations

After the American vice president Kamala Harris presented at the end of last week her economic program as a candidate for the position of the president of the USA, we wonder if what is called the Simion Plan still looks like a utopia - as...

Is Simion's plan possible or is it a mirage?

George Simion, the president of the Alliance for the Union of Romanians and candidate of this party in the presidential elections of November 24, offers houses to all the people. Simion's offer? 35,000 euros for a two-room apartment of 50-52...

Digital transition, a step forward made by the authorities

The Minister of Research, Innovation and Digitization, Bogdan Ivan, announced the signing of the contract for the development of the e-learning platform related to investment 19 "Skills in advanced technologies for SMEs", financed by...

Photo source: facebook / Christine Lagarde

Christine Lagarde, President of the ECB: "We will be very attentive to all the figures related to wages, services, productivity and profit"

The European Central Bank (ECB) will follow the services sector very closely for the next monetary policy decisions, warned the president of the institution, Christine Lagarde, in an interview granted, on Friday, to the French channel BFM...

Wood are un preţ ţintă de 1,43 lei pentru acţiunea AROBS, cu peste 60% faţă de cotaţia din piaţă

• "AROBS ocupă un nişă interesantă în spaţiul IT regional, orientată mai mult spre contracte pe termen lung şi profituri mai puţin volatile", se arată în raportul Wood

The Romanian capital market, an important role for the reconstruction of Ukraine and the development of the Republic of Moldova

The capital market in Romania can have an important role for the reconstruction of Ukraine and the development of the Republic of Moldova, argued the participants at the 10th edition of the CFA CEE Investment Conference, an event that this year...

Photo source: facebook/Damen Shipyards Mangalia

Tense situation at Mangalia Naval Shipyard: 1,500 employees at risk of losing their jobs

The Free Navalist Union from the Mangalia Naval Shipyard (DSMa) yesterday sent an open letter to Prime Minister Marcel Ciolacu presenting the dramatic situation faced by the economic operator and its 1,500 employees.

Financial February: Ciolacu throws the Roşia Montană "firecracker" into the public space

Traditionally, the second month of the year should be marked by the beginning of the first parliamentary session and less by the visibility of the work carried out by the government, but the electoral year 2024 seems out of the ordinary, in view...

"The supply chains of Habau Romania, disrupted by the war in Ukraine"

Reporter: How did 2023 end for the company you lead? What were the estimates at the beginning of last year and what are the results at the end of last year?

AROBS achiziţionează Infobest şi îşi consolidează prezenţa în România şi Germania

AROBS Transilvania Software (BVB: AROBS), cea mai mare companie de tehnologie listată la Bursa de Valori Bucureşti, anunţă preluarea integrală a grupului Infobest, specializat în dezvoltarea de soluţii software personalizate, cu birouri în...

Draft legislation: Carpatica Feroviar, instead of CFR Marfă

Carpatica Feroviar would take over the activity of CFR Marfă, according to a draft government decision found in decisional transparency on the website of the Ministry of Transport and Infrastructure proposing the establishment of the new company....

Piotr Ciski, CEO of Symfonia Group: "Many SMEs still do not understand the full potential of cloud technology"

Reporter: What was the situation of your company at the end of 2023?

The perspective of significant relocations from other countries enhances the real estate potential of Romania

Our real estate market continues to have a high growth potential, even though the pace may be slower this year compared to pre-pandemic trends, according to Colliers consultants. Specialists indicate that 2024 could prove to be better than 2023...

Funding of 30 million euros for a dual education campus

Dual education represents a real opportunity for the economic environment, which is facing an increasingly acute shortage of specialists. The first dual education campus in Prahova will be realized with funds obtained from the National Recovery...

Social Media and Technology: Wave of Layoffs at Major Companies

The year did not start under the best auspices for employees of major companies in the social media and technology sector. This continues the cost-cutting policy that started abruptly over a year ago. For those who get their information from...

Euromonitor International: Vulnerabilities in the globalized economy amid geopolitical tensions

Globalization - the flow of goods, services, people and capital across borders - has stimulated global growth and facilitated the rise of many emerging markets in recent decades, according to a Euromonitor International analysis, which however...

"Plasmaserv want to double our market share by the end of next year"

Reporter: In two years you will mark 20 years since your company has been active in the market in our country. How is the balance of 20 years of activity presented?

AROBS raportează o creştere a cifrei de afaceri cu 90%, în prima jumătate a anului

AROBS Transilvania Software raportează o cifră de afaceri de 241,1 milioane de lei la nivel consolidat în primul semestru din 2023, o creştere cu 90% faţă de aceeaşi perioadă a anului trecut, EBITDA normalizată de 43,3 milioane de lei, +9% şi un...

SUPLIMENT AROBSAROBS - cea mai mare companie de IT de la BVB

AROBS Transilvania Software este o companie românească fondată în urmă cu 25 de ani care s-a impus ca un jucător important în industria globală de tehnologie. În prezent, echipa AROBS are peste 1.200 de specialişti în birourile sale din...

SUPLIMENT AROBSAROBS în cifre

Grupul Arobs este un holding în structura căruia se regăsesc 25 de firme controlate de AROBS Transilvania Software S.A. - ca societate parentală. Întrucât operează în 9 ţări, AROBS Transilvania Software S.A. poate fi considerată o companie...

AROBS Transilvania Software s-a transferat pe Piaţa Reglementată a bursei

AROBS Transilvania Software (AROBS), companie românească de IT specializată în furnizarea de servicii şi soluţii software, a debutat astăzi, 25 septembrie, pe Piaţa Reglementată a bursei sub simbolul bursier AROBS, ca urmare a transferului de pe...

Cerasela Baiculescu, Country Leader IBM Romania and Moldova - Adrian Năstase, Country Leader, President of the Board of Directors of ASEE Solutions Romania

IBM: Companies Prove to be Unprepared for the Use of Artificial Intelligence

Artificial Intelligence has sparked significant discussions in recent months. IBM's annual study, "CEO decision-making in the age of AI, Act with intention," provides interesting insights on this subject. As a result, 3 out of 4 (75%)...

The disease of Education: much talk, few deeds"

A new school year began yesterday. Students, teachers, parents, and politicians marked the occasion in their own ways. Hopes are still high, but few are realized. The start of the new school year has once again demonstrated that education suffers...

AROBS publică rezultatele financiare şi efectuează încă un pas important în procesul de listare pe Piaţa Principală a BVB

AROBS Transilvania Software (BVB: AROBS anunţă publicarea rezultatelor financiare pentru anii 2022, 2021 şi 2020 conform standardelor IFRS, un pas important în finalizarea procedurilor privind listarea pe Piaţa Principală a BVB. Situaţiile...