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.
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Orange Romania Puts Telephone Palace On Calea Victoriei Up For Sale 10.15.2026
Orange Romania has put up for sale the Telephone Palace building on Calea Victoriei for a net price of EUR25.87 million, according to the ad on the... more
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Romania's Central Bank And RoFintech Team Up To Support Fintech Innovation 10.14.2026
The Romanian Fintech Association (RoFintech) and the National Bank of Romania (BNR) have signed a cooperation agreement to support responsible... more
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PwC: Employees In Romania Rapidly Adopted AI But Use It Much More In Their Personal Lives Than At The Workplace 10.14.2026
Employees in Romania have adopted artificial intelligence (AI) quickly: 58% have used it at work in the past 12 months, up from 42% a year ago, an... more
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Netcity Telecom Ends 2025 with RON13.4M Net Profit, Down 39% YOY 10.14.2026
Netcity Telecom, the company that operates Bucharest’s underground optical fiber network, ended 2025 with net profit of RON13.4 million (EUR2.7... more
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ACI Worldwide’s Timisoara Software Development Center Posts 24% Higher Turnover in 2025 YOY 10.14.2026
ACI Worldwide (Eastern Europe Development), the Timisoara software development center of US company ACI Worldwide, for 2025 reported turnover worth... more
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PwC: Romanians Are Turning To AI For Medical Information More Often Than Other Consumers In The Region 10.05.2026
Romania stands out for the speed at which consumers are adopting AI in healthcare, with more than half (53 percent) of local participants in... more
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Romanian Startup Kyndred Raises First Funding, of EUR500,000, from Early Game Ventures 09.29.2026
Kyndred, the Romanian startup that develops AI generated characters, sold on subscription, has raised EUR500,000 from venture capital fund Early... more
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FintechOS Secures USD28M To Speed Up US & European Market Growth 09.21.2026
FintechOS, the Romania-founded financial technology company providing AI-based digitalization solutions for banks and insurers, has raised USD28... more
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Romanian Startup Veridion Raises $20M In Hoxton Ventures-Led Funding Round 09.16.2026
Veridion, a Romanian startup formerly known as Soleadify, which uses artificial intelligence to build and update databases on companies throughout... more
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TechAngels Members' Direct Investments In Tech Startups Overshoot EUR1M In H1/2026 09.16.2026
Members of TechAngels, Romania’s most experienced business angel network, made direct investments worth EUR1,088,700 in tech startups in the... more
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Bento's Operating Revenues Up 73% YoY To RON43M In January-July 2026 09.15.2026
2B Intelligent Soft (stock symbol: BENTO), a company specialized in developing software solutions and providing IT and cloud infrastructure... more
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Raiffeisen Bank Romania Launches ERIC, The First AI Business Coach In The GatadeBusiness Community 09.14.2026
Raiffeisen Bank Romania is launching ERIC, the first AI Business Coach in the GatadeBusiness community, a digital solution that supports... more
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IT Genetics Keeps Revenue At RON47M, Ends H1, 2026 In The Red 09.11.2026
Technology company IT Genetics (ITG.RO), which specializes in digital automation and operational efficiency solutions for businesses, posted... more
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Mastercard: Teenagers Are Twice As Likely To Shop By AI As Their Parents 09.08.2026
Mastercard research across 13 European countries found 18% of teens use an AI (artificial intelligence) assistant weekly to compare products,... more
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Bittnet Systems To List New Bond Issue On Bucharest Stock Exchange On Sept 8 09.07.2026
The corporate bonds issued by IT group Bittnet Systems (stock symbol: BNET) following the successful close of the public offering in August 2026... more
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AROBS Sells 100% In AROBS Polska To Poland’s WB Electronics 09.03.2026
AROBS Transilvania Software (AROBS.RO) has sold its entire stake in AROBS Polska to Poland’s WB Electronics Group. To be able to sell 100% in the... more
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AROBS Posts RON292M Revenue In H1, 36% Higher YoY 08.27.2026
AROBS Group, controlled by entrepreneur Voicu Oprean, ended the first half of 2026 with RON292 million revenue, up 36%, and net profit of RON22.5... more
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Printer Distributor Agis Computer Revenue Down For Third Year In A Row To RON121M In 2025 08.26.2026
Agis Computer, a distributor of printers and consumables based in Cluj-Napoca, ended 2025 with RON121 million (EUR24 million) revenue, down 7.8%... more
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Safetech Innovations Posts Higher Revenue And Profit In H1, 2026 08.24.2026
Safetech Innovations (SAFE.RO), a Romanian cybersecurity business listed on the Bucharest Stock Exchange, posted RON25.7 million consolidated... more
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Idemia Technologies Romania Revenue Down, Profit Triples In 2025 08.24.2026
Idemia Technologies Romania, the local subsidiary of the French identification technology group, posted 32.7% decline in revenue to RON132.2... more
Romanians are increasingly orienting their financial decisions toward protecting their existing resources, in a social and economic
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Pillar 2 of the mandatory private pension system generated a net return of RON93.4 billion (EUR17.8 billion) for Romanians during its
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The Romanian insurance market has weathered periods of uncertainty, experienced strong growth in certain segments, and faced setbacks
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Romania ranks 7th in the Central and Eastern Europe (CEE) region according to the newly launched CEE AI Index 2026.
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Romania ranked 11th in Europe by the number of foreign direct investment (FDI) projects attracted in 2025, securing 109 initiatives, as
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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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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’s economy enters 2025 with positive long-term prospects, but with significant challenges in the year ahead, Colliers
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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.