31 ian 2024

Enterprise spending on generative Artificial Intelligence (Gen AI) will grow by 30% in 2024, from an estimated US$16 billion in 2023, according to the latest edition of the Deloitte Technology, Media more

31 ian 2024

The year 2023 was a chapter of unprecedented performance for the Romanian capital market, recording historical highs on several levels, such as the value of stock and bond transactions, average daily more

31 ian 2024

IT and digital marketing services provider Zitec, in which giant online retailer eMAG owns a 25% stake, ended 2023 with a consolidated turnover of EUR30 million, up nearly 15% versus 2022, according more

31 ian 2024

Macromex, one of the largest local fast moving consumer goods distribution companies, reported a 10% increase in sales volumes in 2023 compared to 2022, due to growth in the HoReCa (Hotel, Restaurant, more

31 ian 2024

Morphosis Capital Fund II, a growth capital fund, together with Vybros Capital Partners, a Belgian family funded permanent capital fund, as a co-investor, announces the signing of the agreement to more

31 ian 2024

The large majority of employees (95%) see value in working with generative Artificial Intelligence (AI), while approximately 60% are also concerned about job loss, stress and burnout, according to a more

30 ian 2024

Fueled by access to digitalization and increased income of the young population and digital natives, Romania's e-commerce market is expected to maintain its upward trend in 2024, according to the more

30 ian 2024

Ionut Duna, General Manager of PPC Energie and PPC Energie Muntenia, and Adrian Dugulan, General Manager of PPC Renewables Romania, are joining the management team of PPC Romania Group (formerly known more

30 ian 2024

On Tuesday, January 30, a special transaction (DEALS) with shares of green power producer Hidroelectrica (H2O.RO) worth RON92.8 million was registered in the Bucharest Stock Exchange system, according more

30 ian 2024

Romania's media retail market is expected to exceed EUR10 million in 2024, which would translate into an increase of over 30% compared to the previous year, as per an analysis by Footprints AI, a more

30 ian 2024

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, decreased to 6.11% on Tuesday (Jan. 30, more

30 ian 2024

The Romanian Investor Relations Association (ARIR), the promoter of the Investor Relations (IR) concept, has announced the results for VEKTOR by ARIR for 2023, the indicator that evaluates investor more

30 ian 2024

Taffo, a Baia Mare-based building company owned by three shareholders, ended 2023 with a turnover of RON118.7 million (nearly EUR24 million), up 27.5% on the year, in line with calculations by Ziarul more

30 ian 2024

IT Group Bittnet (BNET.RO), an integrator of IT&C solutions and a provider of training services in the IT sector, has informed investors in a stock market report on Monday (Jan. 29) that its BNET28 more

30 ian 2024

Aquila Part Prod (AQ.RO), the market leader in the field of integrated distribution and logistics services for consumer goods, on January 26 carried out an accelerated bookbuild through which a more

30 ian 2024

ESSA Group, a Romanian company active on the trade marketing and staff recruitment services market, ended 2023 with a turnover of EUR24.3 million, up 24% from EUR19.8 million reported for 2022, more

30 ian 2024

The European Investment Bank (EIB) has signed a EUR40 million loan to Eldrive Holding GmbH to install 8,472 electric vehicle (EV) charging stations in Romania, Bulgaria and Lithuania over the next more

29 ian 2024

In early 2024, Bucharest-based America House office building signed office lease renewal contracts for a total 2,000 square meters with Mastercard, the Romanian Pool of Insurance against Natural more

29 ian 2024

Online hypermarket Freshful, part of eMAG group, announced that it recorded an increase of over 119% in sales in 2023. more

29 ian 2024

Romanian executives forecast a period of relative stability in manufacturing industry, retail trade and services, in parallel with a moderate decrease in employee numbers in the construction sector more

29 ian 2024

Shipbuilder Santierul Naval Orsova (SNO.RO) has informed the local stock market on Monday (January 29) that the Financial Supervisory Authority (ASF) approved the document for the public offer of more

29 ian 2024

Romania's Finance Ministry raised RON652 million from banks on Monday (January 29, 2024) selling bonds with a nominal value of RON500 million due in 2034, at an annual average yield of 6.49%. more

29 ian 2024

Businesspeople look with concern at the prospects of 2024, against the background of the increase in operational costs and the evolution of inflation at a still very high level, expecting Romania to more

26 ian 2024

Despite significantly recovering from the decline of 2022 and reaching RON20 billion at the end of 2023, the assets of the ten largest companies in the Romanian asset management industry (namely, over more

25 ian 2024

Romanian precast concrete product manufacturer ASA CONS, based in Turda, has budgeted a turnover of almost EUR30 million and investments of EUR1 million in 2024. more