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Tag Archives: competitiveness

ZEW: Romania needs over 10,000 robots to stay competitive in the region

Robots increase productivity and competitiveness. Used effectively, they enable companies to become or remain competitive. According to the latest study carried by the Centre for European Economic Research (ZEW) on behalf of the German Federal Ministry for Education and Research ...

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Alro: Over USD 16 M invested in H1 to increase competitiveness, operational efficiency

Alro, the largest aluminium producer in Continental Europe (excluding Russia and the Scandinavian Peninsula), has completed over USD 16 million investments in both the primary and processed aluminium divisions in the first six months of 2017, a press release informs. ...

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ING study: Romania, attractive to investors due to the low labor costs

Romania and Bulgaria are the countries in Central and Eastern Europe (CEE) offering investors attractive labor costs, while Poland excels in education, according to a study by financial group ING, quoting a Deloitte analysis. CEE’s advantages are represented by labor ...

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European funds absorption for 2007-2013 up to 81.73pc

The current absorption rate of European funds for the 2007-2013 interval has increased in November as compared to October by 1.75 percentage points, up to 81.73%, the Ministry for European Funds (MFE) informs, according to antena3.ro. Hence, the current absorption ...

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IMF representative: Wage increases voted by parliament will hike the budget deficit to 3.5pc of GDP in 2017

The wage increases recently voted by parliament will lead the budget deficit to approx. 4.5% of the GDP in 2017, above the IMF’s recommendation and could generate more taxes or investment cuts, the International Monetary Fund representative for Romania and ...

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Romania, 47th in the top of 61 most competitive economies in the world

Romania remains 47th in the rankings of most competitive economies in the world, according to the annual report of the Institute for Management and Development (IMD) in Lausanne, Switzerland, released on Wednesday. Romania ranks ahead of countries such as Hungary ...

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EC adopts first operational 2014-2020 programmes for Romania

The European Commission has adopted the first two operational 2014-2020 programmes for Romania. The first one is the Operational Programme “Technical Assistance”, worth 251 million euro, with the EC contribution amounts to 212 million euro. Coming from the European Regional ...

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First edition of “Made in Romania” fair, starting with 2015

Next year, the Romanian companies will be able to exhibit and promote their products in a traid fair called “Manufactured in Romania” (Fabricat in Romania) or “Made in Romania” (Produs in Romania), Economy minister, Constantin Nita announced, attending Bucharest International ...

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