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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Arctic Stream Seals Acquisition of 23% in Data Core Systems in RON10M Deal
03.24.2025
Tech company Arctic Stream completed the deal for the acquisition of 23% in Data Core Systems, a leading cybersecurity services group in Romania. more
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IT&C Solutions Provider M247 Europe Hits RON142M Turnover in 2024
03.24.2025
M247 Europe, one of Romania's leading providers of hosting, connectivity and data management solutions, ended 2024 with RON142 million consolidated... more
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Optimedia Budgets EUR4M Investments for 2025
03.24.2025
Window and door manufacturer Optimedia, owned by Romanian entrepreneurs Marius, Sergiu and Simona Pantis, has budgeted EUR4 million investments for... more
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Lantmännen Unibake Projects EUR45M Turnover in 2025
03.24.2025
Viorel Ognean, general manager of Lantmännen Unibake Romania, one of the largest bakery companies in the local market, expects EUR45 million... more
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METRO Romania Reaches 50 LaDoiPasi Extra Stores in One Year
03.24.2025
German group METRO, one of the most powerful players in the local grocery trade by turnover, has stepped up expansion on the modern urban proximity... more
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Banca Transilvania Wants to Distribute RON1.6B Worth of Dividends from 2024 Profit
03.24.2025
The shareholders of Banca Transilvania, Romania’s largest lending institution, will discuss in April the allocation of 2024 net profit, of over... 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.