9 dec 2024

Startup Growdash of Dubai, specializing in business intelligence solutions for restaurants, has invested EUR300,000 this year on the local market, with Romania being its gateway into Europe, where it more

14 nov 2024

Software developer WE AS WEB forecasts it will end 2024 with EUR32 million turnover, up 28% from 2023, and EUR5 million net profit. more

31 oct 2024

Fashion retailer Fashion Days, part of eMAG group, saw its sales on the Romanian market rise by 13.8% during the January-September period against the year-earlier period. more

22 oct 2024

Local startup easySales, which which set up an automated B2B management and e-commerce platform, has expanded to several countries in the region, being currently active, beside Romania, in Hungary, more

9 oct 2024

Local startup Footprints AI, which has developed an AI-based Retail Media platform, currently has a funding round totally worth EUR2 million underway. more

8 oct 2024

In the first nine months of 2024, smartphone sales in Romania advanced by around 6-7% by value against the year-earlier period, but by volume the market stagnated, in line with estimates by the local more

3 oct 2024

Local startup bonapp.eco, which sells discounted food approaching the expiration date, has in three years since launch reached 350,000 users. more

27 sep 2024

Romanian startup Aysa.ai, a search engine optimization software dedicated to the e-commerce industry, has recently launched a new solution, called Adverlink.net, which operates as a marketplace more

23 sep 2024

iSTYLE, the largest Apple Premium Reseller retail chain in Central and Eastern Europe, expects to generate over EUR120 million turnover in Romania, above the EUR118.7 million level registered in 2023, more

20 sep 2024

Cluj-Napoca-based software developer RebelDot estimates the AI unit will in 2024 generate 15% of turnover, which is expected to revolve around EUR16 million at yearend, up 40% from 2023. more

17 sep 2024

American group Booking Holdings, a global provider of online tourism services and related services, now has over 400 employees in its Bucharest Excellence center officially opened two years ago, being more

13 sep 2024

Ogre AI, the Romanian-British startup that has developed an AI-based platform for prognoses in the energy field, wants to accelerate expansion in Europe after raising EUR2.93 million. more

9 sep 2024

Altex, Romania’s largest electro-IT retailer, registered 6% higher turnover in the first half of this year and expects to keep the pace until yearend. more

19 aug 2024

Leanpay Romania, the local subsidiary of Slovenian startup specializing in BNPL-type services, aims to reach 1,000 partners by end-2025 as Romania is one of the biggest markets in the region for such more

9 aug 2024

Romania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward or stagnation trend by quantity, but by value there has been more

7 aug 2024

Altexpress, the courier and e-fulfillment services company founded in 2015 by Jordanian entrepreneur Maher Tarazi in Romania, estimates it will reach EUR2.5 million turnover by yearend, up over 50% more

6 aug 2024

Underline Ventures, the venture capital fund set up by Bogdan Iordache, in its two years of activity has invested around $6 million in 13 tech startups both from Romania and the other countries of the more

5 aug 2024

In the first half of this year, around 1.5 million smartphones were sold in Romania, flat from the year-earlier period, with the market growing only by value, by around 5-6%, in line with estimates by more

1 aug 2024

Local startup Vatis Tech, which has created a speech recognition software solution, targets 1 million annual recurrent revenues at end-2024, as it has recently launched a new vocal recognition more

29 iul 2024

iStyle Retail SRL, the largest Apple Premium Reseller retail chain in Central and Eastern Europe, for 2023 reported net turnover worth RON590.4 million (EUR118.7 million), up 6% from 2022. more

25 iul 2024

PC sales on the Romanian market in 2023 revolved around 920,000 units, down from 2022, when 980,000 units were sold, in line with IDC data, on the uncertain economic and political context, but also as more

10 iul 2024

BrightCap Ventures, a venture capital fund headquartered in Sofia, has has completed the first close of its new fund targeting €60m. more

5 iul 2024

Hungary’s startup Munch, which entered Romania this March with its app that aims to aid curb food waste, has reached 128 partners and 194 locations locally, with its mobile app having more than more

5 iul 2024

Local startup Flip.ro, part of eMAG group, registered EUR56 million sales during fiscal year 2023, 46% higher than in 2022. more

2 iul 2024

Stefanini Romania, the local subsidiary of Brazilian supplier of IT solutions and services, in 2023 saw its net profit rise by 67%, to RON13.5 million (EUR2.7 million). more