US Payscale Opens Bucharest Tech Hub Centered on AI Development
today, 10:17
US-based Payscale, a provider of compensation intelligence solutions for organizations wanting to scale their business via pay, has opened a tech hub in Bucharest that will focus on AI research and development.
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Cushman & Wakefield Echinox: Romania Shapes Up as Emerging Market in Luxury Retail 03.27.2025
Romania is starting to gain a position on the map of luxury retail, but the development of this segment is facing challenges because of the... more
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Millenium Insurance Broker Ends 2024 with almost RON2.5M Net Profit. Around 85% of Profit Will Go To Shareholders 03.27.2025
Millenium Insurance Broker, among the 10 largest players on the local market, recently listed on the AeRO market of the Bucharest Stock Exchange,... more
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Transilvania Broker Hits RON8.7M Profit in 2024, Set to Distribute RON3M Worth of Dividends 03.27.2025
Transilvania Broker, the fourth largest insurance broker locally, ended 2024 with net profit of around RON8.7 million and plans to distribute RON3... more
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Germany’s ebm-papst Bets EUR30M on New Project in Oradea 03.27.2025
German group ebm-papst wants to invest in a new production unit, but also in a new R&D center in Oradea after the current business is part of a... more
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Lenovo Romania: PC Sales Overshot 1 Million Unit Mark In 2024 Again 03.27.2025
The PC (desktops and laptops) market in Romania overshot the one million unit mark again last year, after the boom during the pandemic, increasing... more
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Swiss Capital, TradeVille, BT Capital Partners- The Most Active Bucharest Stock Exchange Brokers In February 2025 03.26.2025
Swiss Capital, TradeVille and BT Capital Partners were the most active brokers at the Bucharest Stock Exchange in February 2025, handing deals... more
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PepsiCo Exports 15% To 20% Of Production Of Its Beverage Plant Near Bucharest 03.26.2025
PepsiCo beverage factory in Dragomiresti-Deal (Ilfov County) produces 550 million liters of beverages in seven months, 15% to 20% of which are... more
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2B Intelligent Soft Aims For RON16M Net Profit In 2025, Up 11% vs 2024 03.26.2025
2B Intelligent Soft (stock symbol: BENTO), a Romanian entrepreneurial company that provides software development services and IT infrastructure and... more
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Chimcomplex Set To Build EUR100M Polyepoxide Plant In Onesti Using EUR46.6M State Aid 03.26.2025
Chimcomplex, the largest entrepreneurial industrial company in Romania, whose controlling shareholder is Stefan Vuza, will build a polyepoxide... more
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Oil Terminal Calls Shareholders To Vote On RON7.5M Dividend Payout 03.26.2025
Oil Terminal (stock symbol: OIL), the operator of the oil terminal in Constanta harbor, has called shareholders for a meeting on April 28, 2025 to... more
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Tomoroga Construct 2024 Turnover Down 8% YoY To RON33.2M 03.26.2025
Construction company Tomoroga Construct ended 2024 with a turnover of RON33.2 million (nearly EUR6.7 million), down 8% from RON36.2 million (EUR7.3... more
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Romanian Grocery Retail Getting Ready For New EUR50M Deal 03.26.2025
March 19, 2025, was the deadline for those interested to submit non-binding bids for the 87 Profi and Mega Image stores the Ahold-Delhaize Group... more
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Romania Private Pension Funds' Assets Hit RON156B At End-2024, Or 9.06% Of Country's GDP 03.26.2025
Private pension funds' total assets reached RON156.44 billion at the end of December 2024, up 19% versus 2023, in line with data provided by... more
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Retele Electrice Romania Launches RON30M Public Tender For Modernization Of Sannicolau Mare Transformer Station 03.26.2025
Retele Electrice Romania, part of PPC Group in Romania, has launched a public tender on the electronic public procurement platform SEAP, worth... more
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Romania Taps International Markets With 7 And 14-Year Eurobond Issues 03.26.2025
Romania's finance ministry has announced the start of a pre-stabilization period on March 26 for a new issuance of euro-denominated bonds, via two... more
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Secom Ends 2024 With EUR40.8M Turnover, Up 13% YoY 03.26.2025
Romanian entrepreneurial company Secom, a dietary supplements, teas and cosmetics importer, wholesaler and retailer, ended 2024 with a turnover of... more
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Romania Posts Budget Deficit Of RON30.24B Or 1.58% Of GDP In January-February 2025 03.26.2025
Romania’s general consolidated budget posted a deficit of RON30.24 billion in January-February 2025, or 1.58% of the gross domestic product... more
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Heineken Brings Amstel Production for Romania Market to Miercurea-Ciuc and Craiova Breweries 03.26.2025
Heineken Romania will start the local production of Amstel beer in its units of Miercurea-Ciuc and Craiova. more
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Dedeman Buys 6-Ha Land Plot Near Giurgiu Customs 03.26.2025
Dedeman, Romania’s largest DIY retailer, has recently acquired a land plot of around 6 hectares close to Giurgiu customs. more
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REI: 12 Agrifood Projects To Get Funding via InvestALIM in 2025 for over EUR300M Investments 03.26.2025
A number of 12 companies, with 12 distinct projects and a total investment value of around RON1.5 billion (over EUR300 million) will benefit from... more
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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Romania ended 2024 with a current account deficit of EUR29.3 billion, higher by nearly EUR7.8 billion than in 2023, central bank data
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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 economy recovery is slower than expected and political turmoil is denting investors’ and consumers’ confidence, says the
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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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Managers of Pillar II mandatory private pension funds and Pillar III voluntary private pension ones will be able to invest up to 10% of
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Romanian investors last year spent EUR577 million on acquisitions in the region, three times more than in 2023, in line with data from
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Romania’s land market remained stable in 2024, with the volume of transactions nearing EUR450 million, similar to the level recorded
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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.