Romania, Last Among EU Countries By Business Innovation

04.29.2024 By Ecaterina Craciun

Romania remains at the bottom of the European Union rankings in terms of innovation, with the proportion of Romanian companies introducing new or improved products or business processes to the market standing at 8.8% in 2020-2022 period, marking a decline of 1.9 percentage points compared to 2018-2020 period, in line with data released by Romania's statistics board INS on Monday (April 29).

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