A study shows that digitization does not increase the profitability of car companies, but it does improve the efficiency of asset utilization in the short term.
Delia Niculescu
Current Affairs
foto:shutterstock
Always see our news on Google
The research conducted by Babes-Bolyai University and other institutions found that while digitization does not influence the profitability of companies in the automotive industry in the first two years, it contributes significantly to the efficiency of asset utilization. The study analyzed leading companies in the industry, revealing that digital technologies have a positive impact on efficiency, but financial profitability only emerges in the long term. The project is funded by the European Union through the NRRP and runs until 2026.
Sources
Latest News
18:24
Ciprian Ciucu criticizes the interventions of the courts that suspend administrative decisions
18:20
Hungary: The Paks nuclear power plant will be shut down for several weeks due to the record low level of the Danube River. It produces about half of the country's electricity.
18:17
The reactors of the nuclear power plant in Paks are operating at below 50% capacity due to the decrease in the water level of the Danube. Prime Minister Magyar warns that the plant could be completely shut down.
18:08
Romania ranks 3rd in the European Union for the length of the workweek, with 75.5% of employees working between 40 and 44 hours per week.
17:55
The European Parliament intends to summon Gianni Infantino for hearings regarding his plan to allow private investments in FIFA competitions.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
