Technology startups will be able to obtain financing through two new funds, worth a total of 650 million dollars, launched by the American investment company FirstMark Capital, which financed "unicorns" like Airbnb or Pinterest, but also a startup founded by a Romanian entrepreneur. https://www.startupcafe.ro/finantari/fonduri-startup-antreprenor-roman.htm

For the distributor Premium Cafe, the pandemic meant a reorientation towards other sales channels, more precisely on retail networks and the online environment, since most of the customers came from the HoReCa industry, and sales have recently decreased by 95%, writes retail .com. The last months have brought significant changes ... Read More

30% of Romanian companies participating in a survey say they have not changed their recruitment plans established at the beginning of the year even after the outbreak of the Covid-19 epidemic, keeping the same number of new positions for which they will hire in the second half of the year ... Read More

Startups looking to invest in times of crisis need to focus on following the path to profitability, given that investors now prefer proven business models, says Martin Villig, one of the co-founders of the mobility startup Bolt. which also operates in Romania. https://www.startupcafe.ro/afaceri/bolt-startup-criza-investitori-profit.htm

The Cărtureşti network is almost fully operational after the bookstores in the malls reopened last week, after about a three-month break. The street units have been operational for about a month. https://www.zf.ro/companii/retail-agrobusiness/serban-radu-cofondator-carturesti-e-clar-ca-daca-ne-am-apuca-de-19317799

The investment in a photovoltaic power plant pays for itself in 6-7 years, in the context in which it can produce for 25 years. Simtel will invest 62 million euros in the next 7 years in the construction of photovoltaic power plants for customers in Romania, as the company has ... Read More

25 graduates of the EMBA programs organized by ASEBUSS will be mentors for the students of the institution, from years I and II, starting with the 2020 series. ASEBUSS becomes the first business school in Romania to provide its students with a mentoring program, as well as it is done ... Read More

After almost three months of isolation, Romania's economy is slowly starting to return to normal, and business is starting to get back on its feet, adapting, of course, to the new working conditions. The DIY chains measure in balance sheets the construction materials sold to the people who used the ... Read More

The law amending the Labor Code aimed at sanctioning with a fine from 1,500 lei to 3,000 lei in the case of overtime provided by employees was promulgated on Thursday by President Klaus Iohannis, according to a statement from the Presidency. The main change is that fines will be granted ... Read More