Articles 1 - 25 of 78 by " Ştefan Stan"
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It’s Official: VAT Goes Up To 21%, Dividend Tax Rises From 10% To 16%
2 iul 2025
The mix of administrative spending cuts and tax hikes starts with tax hikes. As of August 1, the standard VAT goes up from 19% to 21%, the food VAT from 9% to 11% and the power VAT from 5% to 11%, more
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Private Equity Fund CVC Enters EUR1B JV with Therme Group to Develop Therme Horizon Including Romania Wellness Center
18 iun 2025
CVC, one of the world’s largest private equity funds, has entered a EUR1 billion joint venture with Therme Group to expand the European wellness network. more
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European Commission: Romania Continues To Record Excessive Imbalances
4 iun 2025
The European Commission on Wednesday published the 2025 country reports assessing the economies, labor market and social situation of every member country in line with the priorities set in the more
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Colliers: Bucharest Ranks 7th in EU among Most Dynamic Industrial-Logistic Markets
22 mai 2025
Bucharest’s modern stock of leasable industrial and logistic spaces has expanded almost four times in the past 10 years, with Romania’s capital city now ranking 7th among the EU’s most dynamic more
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Türkiye’s Otokar Teams Up with Automecanica To Manufacture Armored Vehicles in Romania
25 apr 2025
Otokar, the defense system producing arm of Türkiye’s largest conglomerate, Koç Group, has signed a joint venture agreement with one of Romania’s leading defense companies, Automecanica S.A. to more
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Startup Cyberhaven Founded By Three Romanians And Two Ukrainians Gets $100M Funding And $1B Valuation
3 apr 2025
Cyberhaven, an AI-powered data security startup established by three Romanians – Radu Banabic, Cristian Zamfir and George Candrea and two Ukrainians – Volodymyr Kuznetsov and Vitaly Chipounov, has more
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Aquila Completes Acquisition Of Hungary’s Kitax Kft
4 mar 2025
Entrepreneurial company Aquila (AQ.RO), one of the largest actors in the fast-moving consumer goods distribution business in Romania and in the region, notified the Bucharest Stock Exchange of having more
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Was Fitch in a hurry when it lowered Romania's rating outlook? What arguments are there for Standard & Poor's and Moody's not to do the same? And 10 questions.
20 ian 2025
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IMF Replaces Romania Mission Head, Set to Visit Bucharest in Early Feb. for Meetings with Romania Govt and National Bank to “Review Recent Economic and Financial Developments”
16 ian 2025
An International Monetary Fund (IMF) mission will visit Bucharest February 3-7, 2025, to hold a regular staff visit, reads an IMF press statement. more
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European Commission Slashes 2024 Economic Growth Forecast For Romania From 3.3% To 1.4%
15 nov 2024
The European Commission has slashed its real GDP growth forecast for Romania to 1.4% in 2024 from the 3.3% estimated in the spring, the EC said on Friday (November 15). more
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Alexandrion Group Appoints Jason Wischhoff as Managing Director, Head of Franchise and Hospitality Projects
15 oct 2024
Alexandrion group, the largest local spirits producer and a major player on the wine market, part of Nawaf Salameh Family Office, has appointed Jason Wischoff as Managing Director, Head of Franchise more
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Local Delivery Platform Tazz Set to Be Acquired by Finland’s Wolt
14 oct 2024
Tazz, the local fast delivery platform part of eMAG group, will be acquired by Wolt, a Finnish platform with operations in 28 countries. more
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Premier Energy Buys Two New PV Parks With A Capacity Of 86 MW
14 iun 2024
Premier Energy Group, through Alive Renewable Holding Limited and together with Motor Oil Renewable Energy Single Member S.A. (MORE), has acquired two new photovoltaic projects for renewable more
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RACC-IT aims to connect Romanian IT businesses with development opportunities in the United States and globally
6 iun 2024
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COMTECH CO INVESTS EUR 10 MILLION IN BIG DIAMETER SPIRAL WELDED STEEL PIPE MANUFACTURING, COATING AND LINING FACTORY IN ZIMNICEA AND CREATE 120 NEW JOBS
28 mai 2024
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(P) Accenture Industry X or how you can use innovation and engineering expertise for the digital transformation of industry
19 feb 2024
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Car-Sharing Company Spark To Shut Down Operations In Romania On February 1, 2024
11 ian 2024
Lithuania’s Spark, a car-sharing service that allows people to rent electric cars via a mobile application, has informed its users in Romania via an in-app notification about plans to shut down the more
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Fortech, a GlobalLogic Company Acquires the business of Eminus Software. The acquisition further expands GlobalLogic growth and presence in Romania
19 sep 2023
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SLS Cargo Launches First Intermodal Terminal in P3 Bucharest A1 in Wake of EUR1.9M Investments
13 sep 2023
Transport and logistics company SLS Cargo, owned by FAN Courier, is launching the first intermodal terminal it operates exclusively in industrial park P3 Bucharest A1, in the wake of a EUR1.9 million more
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IMF Revises Romania’s Economic Growth Forecast Downwards to 2.4% in 2023
11 apr 2023
The International Monetary Fund (IMF) has revised the real economic growth projection for Romania downwards to 2.4% from the 3.1% estimated in the fall, its latest `World Economic Outlook’ report more
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(P) GlobalLogic Successfully Completes Fortech Acquisition. Fortech is now officially operating as a wholly owned subsidiary of GlobalLogic
7 feb 2023
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SoftOne Group Acquires Majority Stake In cosmoONE
13 oct 2022
Greek-held company Softone Group, present on the local market through its subsidiary SoftOne Romania, is acquiring a majority stake of 61.7% in cosmoONE, Greece’s largest developer of electronic more
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SII Romania Expects 58% Higher Turnover, Of EUR30M, In 2022-2023 Fiscal Year
6 oct 2022
SII Romania, a company specializing in IT services and solutions, forecasts a turnover of EUR30 million in the 2022-2023 fiscal year, up almost 58% versus the previous fiscal year, according to more
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The European Fund for Southeast Europe Extends EUR8M Credit Line Granted To Libra Internet Bank
15 sep 2022
Investment fund The European Fund for Southeast Europe (EFSE) has extended a EUR8 million credit line granted to Libra Internet Bank. more
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US Dollar at 20-Year High Against the Leu, Exchange Rate at 4.92
23 aug 2022
Romania’s central bank set the leu reference rate versus the euro at 4.8851 on Tuesday (August 23), flat on the level of Monday, while the dollar went up to the all-time high against the leu at more