Digi's RCS&RDS Borrows EUR150M from Bank Syndicate
12.16.2020
RCS&RDS, part of Digi Communications, has signed a senior facility agreement for two loans amounting to EUR150 million with a banking syndicate consisting of Citigroup Europe- Dublin Romanian Branch, ING Bank-Bucharest Branch and Unicredit Bank, to refinance previous loans and for investments.
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AROBS Posts RON292M Revenue In H1, 36% Higher YoY yesterday, 21:44
AROBS Group, controlled by entrepreneur Voicu Oprean, ended the first half of 2026 with RON292 million revenue, up 36%, and net profit of RON22.5... more
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Printer Distributor Agis Computer Revenue Down For Third Year In A Row To RON121M In 2025 08.26.2026
Agis Computer, a distributor of printers and consumables based in Cluj-Napoca, ended 2025 with RON121 million (EUR24 million) revenue, down 7.8%... more
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Safetech Innovations Posts Higher Revenue And Profit In H1, 2026 08.24.2026
Safetech Innovations (SAFE.RO), a Romanian cybersecurity business listed on the Bucharest Stock Exchange, posted RON25.7 million consolidated... more
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Idemia Technologies Romania Revenue Down, Profit Triples In 2025 08.24.2026
Idemia Technologies Romania, the local subsidiary of the French identification technology group, posted 32.7% decline in revenue to RON132.2... more
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Be Think Solve Execute RO Posts 27.9% Growth In Revenue To RON127.9M In 2025 08.24.2026
Be Think Solve Execute RO, the local subsidiary of the Italian consulting group Be Shaping the Future, posted 27.9% growth in revenue to RON127.9... more
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US 3Pillar Global Reports Record High RON9.5M Net Profit from Romania Operations in 2025 08.14.2026
The net profit of 3Pillar Global, the US software producer headquartered in Cluj-Napoca, climbed by 70.7% in 2025 to RON9.5 million (EUR1.9... more
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Central Europe Technology 2025 Turnover Tops EUR161M 08.11.2026
Central Europe Technology, a Bucharest-based software developer owned by French group BNP Paribas, in 2025 registered turnover worth RON161.5... more
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German Retail Chain Müller Set To Open Technology Center In Bucharest 08.04.2026
German-held drugstore and perfumery chain Müller is opening a technology center in Bucharest. more
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Orange Romania Reports EUR690M Consolidated Revenue For H1/2026, Up 1% YoY 07.28.2026
Orange Romania, leader of the local telecom market by revenues, recorded consolidated revenues of EUR690 million in the first half of 2026, up 0.9%... more
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Meridiam Completes EUR80M Refinancing Of Netcity, The Operator Of Bucharest’s Underground Telecommunications Infrastructure 07.24.2026
Meridiam and its partners have completed the EUR80 million refinancing of Netcity Telecom, the official operator of Bucharest’s underground... more
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GapMinder Leads Seed Funding Round In Croatian healthtech Startup Lasken AI 07.22.2026
GapMinder, a venture capital company that invests in technology startups from Romania and Eastern Europe, is leading a seed funding round in... more
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Vantage Towers AG Appoints Simona Nijnic As Managing Director For Romania 07.22.2026
Vantage Towers, the second largest telecom tower operator in Europe, has appointed Simona Nijnic as Managing Director for Romania, effective July... more
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MerchantPro: Romania’s E-Commerce Market Flat By Number Of Orders, Up 4% In Value In H1, 2026 07.21.2026
Romania’s e-commerce market was highly polarized in the first half of 2026, recording an overall 4% increase in sales value and stagnation in the... more
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Exclusive Networks 2025 Profit Drops 42% Despite Record High RON208M Turnover 07.21.2026
Exclusive Networks Technology Romania, the local arm of French cybersecurity solution distributor, in 2025 reached turnover worth RON208.5 million... more
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Bittnet Launches Bond Issue On July 24, Seeks To Raise Up To EUR15M 07.20.2026
IT group Bittnet Systems (BNET.RO) on Monday notified the capital market about a new public offering for the sale of corporate bonds, under the... more
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Software Company mindit.io Hits All-Time High Turnover in 2025 07.16.2026
MINDIT SERVICES, the software developer operating under the mindit.io brand, last year registered turnover worth RON95.3 million (EUR18.9 million),... more
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Digi Successfully Closes Spanish Subsidiary IPO 07.15.2026
Telecom group Digi Communications on Wednesday announced it successfully closed the public offering whereby it put out for sale part of Digi Spain... more
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AI Startup DRUID Hits RON49M Turnover in 2025, Stays in the Red 07.13.2026
DRUID, one of the most renowned Romanian AI startups, for 2025 reported turnover worth RON49.3 million (EUR9.8 million) locally, up 11.5% from 2024. more
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Telekom Romania Mobile Posted RON1B Revenue And RON25M Net Profit In Its Last Year As Part Of OTE&DT 07.09.2026
Telekom Romania Mobile Communications, the mobile operator historically known as Cosmorom and Cosmote, ended 2025, its final year of operation as... more
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Data Center Infrastructure Integrator Tema Energy Relocates To Globalworth Tower 07.07.2026
Globalworth, one of the largest investors in the Central and Eastern European office market, has signed a lease agreement with Tema Energy, one of... more
Romanians are increasingly orienting their financial decisions toward protecting their existing resources, in a social and economic
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Pillar 2 of the mandatory private pension system generated a net return of RON93.4 billion (EUR17.8 billion) for Romanians during its
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The Romanian insurance market has weathered periods of uncertainty, experienced strong growth in certain segments, and faced setbacks
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Romania ranks 7th in the Central and Eastern Europe (CEE) region according to the newly launched CEE AI Index 2026.
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Romania ranked 11th in Europe by the number of foreign direct investment (FDI) projects attracted in 2025, securing 109 initiatives, as
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Romania’s economic growth is forecast to pick up gradually to 3.1% in 2025 and 3.6% in 2026, while its public finances will continue
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Economic growth expectations for 2025 stand at the average value of 1.5%, reveals the latest survey conducted by CFA Romania
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Romania’s economy enters 2025 with positive long-term prospects, but with significant challenges in the year ahead, Colliers
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.