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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Real Estate Developer One United Wants to Distribute RON40M Worth of Dividends to Shareholders
03.25.2025
Real estate developer One United Properties controlled by entrepreneurs Victor Capitanu and Liviu-Andrei Diaconescu has convened for April 29 the... more
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Romania Private Lending Up 9.4% in February 2025 YOY To RON420B
03.25.2025
Romania private lending in February 2025 rose by 9.4% from the year-earlier period, to a total amount of RON420 billion, after local currency loans... more
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Romania Companies and Inventors Filed 63 European Patent Applications in 2024, Up 50% YOY
03.25.2025
Romania inventors, companies and research institutes in 2024 filed 63 European patent applications with the European Patent Office, up 50% from 2023. more
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OMV Petrom and Romgaz Spud First Gas Production Well of Neptun Deep Project
03.25.2025
OMV Petrom, the largest integrated energy producer in Southeast Europe, and ROMGAZ, the largest producer and main supplier of natural gas in... more
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Stanleybet Lists New Bond Issue at BVB
03.25.2025
Stanleybet Capital, a holding company that integrates and coordinates a network of sports betting and slot machine agencies, gambling halls and... more
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CFA Romania: Economic Confidence Weakens amid Recession Risk and Economic Uncertainty
03.25.2025
The Macroeconomic Confidence Index of CFA Romania Association dropped in February by 3.8 points to 366.6 points, mainly on the plunging current... more
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Optibelt Projects EUR63M Turnover for 2025
03.25.2025
Car parts producer Optibelt Power Transmission, the local subsidiary of German group Arntz Optibelt, expects flat turnover from 2024, when it... more
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Electroplast Wants to Triple Cable Production by 2028
03.25.2025
Electrical cable manufacturer Elecroplast aims to triple its output by 2028. more
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Hotel Group Marriott Plans to Open Seven Units in Romania in Coming Years
03.25.2025
International hotel chain Marriott will expand its local portfolio with another seven hotels in coming years in Timisoara, Sibiu, Cluj-Napoca,... more
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Rompetrol Well Services Shareholders Called To Approve Proposal For Distribution Of Gross Dividend With 6.5% Yield
03.24.2025
The Board of Directors of Rompetrol Well Services (stock symbol: PTR), the oil services division of Rompetrol, has approved the proposal to... more
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UniCredit Bank Romania Shareholders Approve Merger With Alpha Bank Romania, RON135M Capital Increase
03.24.2025
UniCredit Bank Romania, held by the Italian group by the same name, called the shareholders for an extraordinary general meeting on March 24, to... more
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Tosmur Grup Set To Begin Starch Production At Second Plant In Romania In Q4, 2025
03.24.2025
Türkiye’s Tosmur Grup, which owns the starch factory in Medgidia inaugurated in 2022, saw growth of 5% in revenue in 2024 and expects the same... more
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Braiconf Seeks Up To EUR10M Financing For Urban Reconversion Project In Braila
03.24.2025
Braila-based apparel manufacturer Braiconf (stock symbol: BRCR) has called shareholders for a meeting on April 25, 2025 for talks on a project for... more
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Simtel Team Expects RON45.6M Net Profit In 2025, Up 24% Year-On-Year
03.24.2025
Engineering and technology company Simtel Team S.A. (SMTL.RO) on Monday notified the Bucharest Stock Exchange that it would submit to shareholders... more
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Agroserv Mariuta Ends 2024 With RON89M Sales And RON3.6M Net Loss
03.24.2025
Agroserv Mariuta (MILK.RO), a Romanian agribusiness company and owner of the Laptaria cu Caimac dairy brand, posted RON89.2 million sales in 2024,... more
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Finance Ministry Raises RON2.1B From Banks On March 24
03.24.2025
Romania's Finance Ministry raised RON2.18 billion from banks on Monday (March 17), selling benchmark bonds, at an annual average yield of 6.84%. more
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US Fast-Food Chain Wendy’s Announces First Restaurant Openings In Romania And $200M Investment Plans
03.24.2025
US-based fast food chain Wendy’s, one of the most renowned international quick-service restaurant (QSR) brands, is entering the Romanian market... more
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European Commission: CEC Bank’s RON1B Recapitalization Not State Aid
03.24.2025
The European Commission has concluded that Romania’s EUR200 million (RON1 billion) recapitalization of fully state-owned CEC Bank does not... more
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NNDKP Names Adina Chilim-Dumitriu And Emil Bivolaru As Executive Partners
03.24.2025
Nestor Nestor Diculescu Kingston Petersen (NNDKP), one of the largest law firms in Romania, with 35 years of activity on the local and external... more
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Deloitte: Workforce and Construction Costs, Top Concerns for Central Europe Real Estate Developers
03.24.2025
Workforce availability and cost represent the biggest worry for Central Europe real estate developers in 2025 (26%), before aspects related to... 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.