NINE O'CLOCK

Filip & Company assists Octavian Radu and Inform Lykos in the joint venture on the postal and courier services market

NINE O'CLOCKMarch 31, 2023

by NINE O'CLOCKMarch 31, 20230167

Filip & Company law firm has assisted, on the one hand, Inform Lykos Romania, part of AUSTRIACARD Holdings, a leading provider of secure digital technology...

BUSINESS COMPANIES ECONOMY

HCLTech marks fifth anniversary in Romania with major expansion plans

NINE O'CLOCKMarch 31, 2023

by NINE O'CLOCKMarch 31, 20230137

To hire 1,000 people in next two years, partner with local universities... If you want to read the entire content, you need a subscription to...

EDITORIAL OP-ED OPINION POINTS OF VIEW

Occupational fraud generates annual losses of several USD trillion globally. How can companies mitigate reputational risks while hiring?

NINE O'CLOCKMarch 31, 2023

by NINE O'CLOCKMarch 31, 20230142

Opinion article by Alexandru Nae, Senior Manager, Financial Advisory, and Alexandra Nisipeanu, Senior Associate, Financial Advisory, Deloitte Romania... If you want to read the entire...

EDITORIAL OP-ED OPINION POINTS OF VIEW

CMS European M&A Study 2023: Record number of deals last year despite challenging economic backdrop

NINE O'CLOCKMarch 31, 2023

by NINE O'CLOCKMarch 31, 20230187

Deal activity across Europe maintained a steady pace in 2022 despite the increasing number of economic headwinds, according to the latest annual European M&A study...

EDITORIAL OP-ED OPINION POINTS OF VIEW

OTP Bank analysts: Romania is facing a slowdown in economic growth, while inflation is declining

NINE O'CLOCKMarch 31, 2023

by NINE O'CLOCKMarch 31, 20230139

The overall increase in interest rates has ended ... If you want to read the entire content, you need a subscription to Nine O'Clock This content...

EDITORIAL OP-ED OPINION POINTS OF VIEW

PwC CEO Survey: A quarter of Romanian executives say their companies will not be viable in a decade unless they transform

NINE O'CLOCKMarch 31, 2023March 30, 2023

by NINE O'CLOCKMarch 31, 2023March 30, 20230149

Top risk to profitability: workforce shortage... If you want to read the entire content, you need a subscription to Nine O'Clock This content is for...

DIPLOMACY

ForMin Aurescu attending Bucharest Format (B9) foreign ministers summit in Lodz, Poland

NINE O'CLOCKMarch 30, 2023March 30, 2023

by NINE O'CLOCKMarch 30, 2023March 30, 20230194

Romania’s Foreign Minister Bogdan Aurescu is attending, March 30-31, a summit meeting of the foreign ministers of the Bucharest Format 9 (B9) in Lodz, Poland,...

BUSINESS COMPANIES ECONOMY TRAVEL

Latest addition to HiSky fleet lands in Bucharest

NINE O'CLOCKMarch 30, 2023

by NINE O'CLOCKMarch 30, 20230207

The first A321LR aircraft registered in Romania landed on Thursday at Henri Coandă International Airport and will enter commercial service in the coming days. The...

DIPLOMACY

Spanish Minister of Interior Fernando Grande-Marlaska Gomez in Bucharest: Romania’s accession to the Schengen area is in the interest of the entire European Union

NINE O'CLOCKMarch 30, 2023March 30, 2023

by NINE O'CLOCKMarch 30, 2023March 30, 20230187

Romania’s accession to the Schengen area was among the topics addressed by president Klaus Iohannis and the minister of Interior of the Spanish government Fernando...

BUSINESS COMPANIES ECONOMY

CEE Attorneys/Boanță, Gîdei și Asociații advised Aplast Wood Industry in the transaction through which the company sold a 12,500 sqm logistics space to Viva Toys

NINE O'CLOCKMarch 30, 2023

by NINE O'CLOCKMarch 30, 20230163

CEE Attorneys/Boanța, Gîdei si Asociații advised Aplast Wood Industry, a portfolio company of the CEE Special Situations Fund managed by EMSA Capital, in the sale...

BUSINESS COMPANIES ECONOMY FINANCE&BANKING

OMRO IFN, the first microfinancing institution in Romania to partner with BNP Paribas

NINE O'CLOCKMarch 30, 2023

by NINE O'CLOCKMarch 30, 20230155

OMRO IFN, the company that supports small Romanian entrepreneurs, partners with BNP Paribas, marking the first collaboration between the top bank in the European Union...

BUSINESS COMPANIES ECONOMY

The company Intelactsoft (Intelligence Act SRL) launches Inctrl.ai, a unique recruitment platform in Romania, after an investment of almost 8 million lei

NINE O'CLOCKMarch 30, 2023March 30, 2023

by NINE O'CLOCKMarch 30, 2023March 30, 20230128

The company Intelactsoft (Intelligence Act SRL) launches on the market Inctrl.ai, an IT recruitment platform, developed through a project financed from the European Regional Development...

EDITORIAL OP-ED OPINION POINTS OF VIEW

In the face of ongoing economic uncertainty and geopolitical instability, Mazars C-suite barometer reveals bold leadership and commitment to shaping a sustainable future

NINE O'CLOCKMarch 30, 2023March 30, 2023

by NINE O'CLOCKMarch 30, 2023March 30, 20230237

The majority of businesses (86%) have a positive outlook for growth for 2023 Business leaders name transforming company technology and implementing a new or revised...

BUSINESS COMPANIES ECONOMY

Complice.ro: Office experiences, 25% of corporate requests in the first quarter

NINE O'CLOCKMarch 30, 2023

by NINE O'CLOCKMarch 30, 20230111

Complice.ro, curator and provider of experiences for individuals and companies, launched the experience portfolio “Return To Office 2023”, which brings together over 50 solutions aimed...

BUSINESS COMPANIES ECONOMY

FEPRA will invest 15 million euro by 2030 to develop the circular economy in Romania

NINE O'CLOCKMarch 30, 2023

by NINE O'CLOCKMarch 30, 20230108

Based on a complex sustainable development strategy developed in partnership with the EBRD... If you want to read the entire content, you need a subscription...

EDITORIAL OP-ED OPINION POINTS OF VIEW Real Estate

Colliers: Houses and apartments in Romania are 34% more expensive than in 2015

NINE O'CLOCKMarch 30, 2023

by NINE O'CLOCKMarch 30, 20230176

The local residential market has become more attractive to tenants than to owners... If you want to read the entire content, you need a subscription...

BUSINESS COMPANIES ECONOMY

DSV Road: The demand for groupage transport and auxiliary services increases by over 30% this year, to almost 55 million euros

NINE O'CLOCKMarch 30, 2023

by NINE O'CLOCKMarch 30, 20230163

DSV Road, one of the largest freight companies in Europe, estimates an increase of more than 30% in the demand for groupage transport on domestic...

ARTS & LEISURE Entertainment MOVIES SPORTS

Henry Cavill’s next movies

NINE O'CLOCKMarch 29, 2023March 29, 2023

by NINE O'CLOCKMarch 29, 2023March 29, 202301096

Henry Cavill, a versatile British actor with a considerable fan base, is a highly sought-after star in Hollywood. He has played various roles, from a...

EDITORIAL OP-ED OPINION POINTS OF VIEW

Pricing power: The real secret to success in post-COVID time

NINE O'CLOCKMarch 29, 2023

by NINE O'CLOCKMarch 29, 20230143

Over the past three years, the global economy went through a roller-coaster. A global pandemic unexpectedly hit us. Several lockdowns were introduced to avoid mass deaths....

BUSINESS COMPANIES ECONOMY

Dealul cu Afine launches a new global brand – The Blue Renaissance®, handmade in Transylvania

NINE O'CLOCKMarch 29, 2023

by NINE O'CLOCKMarch 29, 20230149

The company has invested 1 million EUR over the last six years in capacity building and product development The new brand first targets international markets...

EDITORIAL OP-ED OPINION POINTS OF VIEW

Electricity market to change in 2023

NINE O'CLOCKMarch 29, 2023

by NINE O'CLOCKMarch 29, 20230148

Macro commentary by eToro analyst for Romania, Bogdan Maioreanu ... If you want to read the entire content, you need a subscription to Nine O'Clock This...

BUSINESS COMPANIES ECONOMY

In 2023, Bento targets 46.7 million lei in revenues and a net profit of 9.3 million lei

NINE O'CLOCKMarch 29, 2023

by NINE O'CLOCKMarch 29, 20230143

Bento, Intellectually Curious (BVB: BENTO), a Romanian entrepreneurial company listed on the AeRO market of the Bucharest Stock Exchange, specialized in the development and implementation...

BUSINESS COMPANIES ECONOMY

Deloitte Romania assisted the world’s leading bakery company Grupo Bimbo in its entrance on the Romanian market through the acquisition of the local leader baker Vel Pitar

NINE O'CLOCKMarch 29, 2023

by NINE O'CLOCKMarch 29, 20230137

Deloitte Romania assisted the Mexican bakery company Grupo Bimbo, the global leader in the market, in the acquisition of the local leader baker Vel Pitar...

BUSINESS COMPANIES ECONOMY

Omnicredit launches for the first time in Romania, a digital supply chain financing product for small entrepreneurs

NINE O'CLOCKMarch 29, 2023

by NINE O'CLOCKMarch 29, 20230124

Omnicredit, the fintech that provides online factoring and invoice discounting solutions, launches a supplier credit financing product for small enterprises in any field of activity...

DEFENCE DIPLOMACY

Romanian, Polish governments agree to establish joint committee for cooperation in defense industry. Morawiecki: Poland supports Romanians’ aspirations regarding the Schengen area

NINE O'CLOCKMarch 28, 2023March 28, 2023

by NINE O'CLOCKMarch 28, 2023March 28, 20230270

Prime minister Nicolae Ciuca declared on Tuesday that, in the joint meeting of the Romanian and Polish governments held in Bucharest, it was agreed the...

DIPLOMACY

Joint meeting of the Romanian and Polish governments in Bucharest: Prime Ministers Ciuca, Morawiecki confirm 2022 – 2026 action plan

NINE O'CLOCKMarch 28, 2023March 28, 2023

by NINE O'CLOCKMarch 28, 2023March 28, 20230190

The joint meeting of the Romanian and Polish governments this Tuesday at the Victoria Palace of Government was an occasion for the two sides to...

DIPLOMACY

PM Morawiecki meets President Iohannis: Poland and Romania, pillars of North Atlantic Treaty in this part of Europe

NINE O'CLOCKMarch 28, 2023March 28, 2023

by NINE O'CLOCKMarch 28, 2023March 28, 20230164

Polish prime minister Mateusz Morawiecki said on Tuesday, in Bucharest, after the meeting with president Klaus Iohannis that Romania and Poland are the pillars of...

BUSINESS COMPANIES ECONOMY

Romania’s Iași-based startup opens transportation data and launches an Open Data portal to encourage constructive competition

NINE O'CLOCKMarch 28, 2023

by NINE O'CLOCKMarch 28, 20230143

Tranzy.ai is the first private company with a growth strategy based on open data, recognizing the economic value and social benefits of such an approach...

EDITORIAL OP-ED OPINION POINTS OF VIEW

Leonardo Badea (BNR): While the economy is still adapting to the new conditions, prudent conduct must be maintained

NINE O'CLOCKMarch 28, 2023

by NINE O'CLOCKMarch 28, 20230118

The overall context is still dominated by a high level of uncertainty. There are risks with implications at the level of all economic sectors, and...

BUSINESS COMPANIES ECONOMY

Connections Consult exceeded financial estimates for 2022. Consolidated revenues of 58,46 million lei in 2022 and a gross profit of 5,11 million lei

NINE O'CLOCKMarch 28, 2023

by NINE O'CLOCKMarch 28, 20230100

Connections Consult (CC), a group of digital transformation companies, listed on the AeRO Market of the Bucharest Stock Exchange, reported consolidated revenues of 58,46 million...