Digi's RCS&RDS Borrows EUR150M from Bank Syndicate
12.16.2020
RCS&RDS, part of Digi Communications, has signed a senior facility agreement for two loans amounting to EUR150 million with a banking syndicate consisting of Citigroup Europe- Dublin Romanian Branch, ING Bank-Bucharest Branch and Unicredit Bank, to refinance previous loans and for investments.
-
AI Startup DRUID Hits RON49M Turnover in 2025, Stays in the Red yesterday, 10:24
DRUID, one of the most renowned Romanian AI startups, for 2025 reported turnover worth RON49.3 million (EUR9.8 million) locally, up 11.5% from 2024. more
-
Telekom Romania Mobile Posted RON1B Revenue And RON25M Net Profit In Its Last Year As Part Of OTE&DT 07.09.2026
Telekom Romania Mobile Communications, the mobile operator historically known as Cosmorom and Cosmote, ended 2025, its final year of operation as... more
-
Data Center Infrastructure Integrator Tema Energy Relocates To Globalworth Tower 07.07.2026
Globalworth, one of the largest investors in the Central and Eastern European office market, has signed a lease agreement with Tema Energy, one of... more
-
Equity Crowdfunding Platform Growceanu Publicly Launches In Romania 07.06.2026
Growceanu, a private markets and equity crowdfunding platform authorized by Romania’s Financial Supervisory Authority (ASF) in accordance with... more
-
Polish Tech Group Euvic Enters Romania 07.06.2026
Polish IT services group has entered the Romanian market by taking over the majority stake in Yalos Software Labs SRL of Bucharest. more
-
Orange Romania Plans to Invest EUR237M in 2026 07.01.2026
Orange Romania, leader of the local telecom market by revenues, has presented the “Trust the Future” strategy and a EUR237 million investment... more
-
Romanian Startup FieldOS Readies EUR0.5M Funding Round for US expansion 06.29.2026
Romanian startup FieldOS, which has developed a platform for field team management, is readying a new funding round of about half a million euros,... more
-
Bitdefender Reports Record High RON1.82B Turnover for Local Entity. Profit Drops 06.25.2026
Bitdefender, a leading IT companies in Romania, which has become a major global player on the cybersecurity segment, ended 2025 with record high... more
-
Law Firm Filip & Company Assists Digmatix in Acquisition of Elian Solutions 06.25.2026
Law firm Filip & Company has legally assisted Latvian group Digmatix in acquiring Romanian company Elian Solutions and its subsidiary Elian... more
-
Fortech Ventures Becomes Nucleo Ventures, Launches EUR34M Investment Fund for Startups with ADR Nord-Vest 06.24.2026
Fortech Ventures is changing its name to Nucleo Venures and is launching a EUR34 million investment fund for startups and innovative companies of... more
-
Vienna Startup SOMAREALITY Raises EUR3M in Funding Round Led by Catalyst Romania 06.18.2026
SOMAREALITY, a Vienna deep tech startup that aims to redefine what it means to understand cognitive processes via eye tracking, has raised over... more
-
TotalSoft 2025 Turnover Up 26% YoY To EUR46M 06.17.2026
TotalSoft, the Romanian software company owned by Turkish tech group Logo, reported a turnover of over EUR46 million for 2025, up nearly 25.7%... more
-
Accesa IT Systems Posts 38.8% Growth In Revenue To Almost RON343M In 2025 06.17.2026
Accesa IT Systems, the main entity of the Cluj-Napoca-based IT services group by the same name, posted RON342.8 million (EUR68 million) revenue in... more
-
Romanian Robotics Startup Dexory Aims to Expand in Romania, Eastern Europe 06.12.2026
Dexory, a robotics startup founded by three Romanians in London, has plans to expand in Romania and Eastern Europe amid the global reshoring trend. more
-
Ana Maria Andronic Takes The Helm Of TechAngels 06.11.2026
The Board of TechAngels, the largest business angels association in Romania, has appointed Ana Maria Andronic as President for a mandate lasting... more
-
Romania Ranks 7th In CEE AI Index 2026 06.08.2026
Romania ranks 7th in the Central and Eastern Europe (CEE) region according to the newly launched CEE AI Index 2026. more
-
IBM Romania 2025 Turnover Inches 0.8% Lower YoY To RON1.26B 06.04.2026
IBM Romania SRL, the local subsidiary of US software and IT services giant, ended 2025 with a turnover of RON1.26 billion (EUR249.5 million), down... more
-
Oracle Romania Slips Into Red In 2025 06.02.2026
Oracle Romania, one of the entities of US Oracle Group, one of the world’s largest software and cloud solutions providers, in Romania, slipped... more
-
Romanian IT Company Inulta Switches To Loss, Posts Record Revenue In 2025 05.28.2026
Inulta SRL, a Romanian consulting firm and software solutions provider, posted RON28.4 million (EUR5.6 million) in 2025, a record high and a 9.6%... more
-
Adobe Systems Romania Ends 2025 With 25% Growth In Revenue To RON684.4M 05.26.2026
Adobe Systems Romania, the local subsidiary of the U.S.-based Adobe group specializing in the development and support of digital creation and... more
Romanians are increasingly orienting their financial decisions toward protecting their existing resources, in a social and economic
more
Pillar 2 of the mandatory private pension system generated a net return of RON93.4 billion (EUR17.8 billion) for Romanians during its
more
The Romanian insurance market has weathered periods of uncertainty, experienced strong growth in certain segments, and faced setbacks
more
Romania ranks 7th in the Central and Eastern Europe (CEE) region according to the newly launched CEE AI Index 2026.
more
Romania ranked 11th in Europe by the number of foreign direct investment (FDI) projects attracted in 2025, securing 109 initiatives, as
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
more
Economic growth expectations for 2025 stand at the average value of 1.5%, reveals the latest survey conducted by CFA Romania
more
Romania’s economy enters 2025 with positive long-term prospects, but with significant challenges in the year ahead, Colliers
moreAnalysis
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.