06.04.2025

DB Global Technology SRL, Deutsche Bank’s IT center, ended 2024 with RON873.2 million turnover, up 22.4% from 2023, and RON62.0 million net profit, 23.6% higher. more

03.03.2025

As power-intensive Generative AI (Gen AI) consumption grows faster than other uses and applications, electricity consumption by data centers is forecasted to double to 4 percent of global electricity more

02.26.2025

Global Vision, a leading real estate company in Central and Eastern Europe, has appointed Antoanela Comsa to the position of Deputy CEO, the company announced in a press statement on Feb. 26. more

02.24.2025

Global leading index provider FTSE Russell made public on Feb. 21 the announcement regarding the indicative results of the biannual review that will enter into force starting from March 2025. more

02.10.2025

Green Tech International, a company that supplies geothermal water in Calimanesti-Caciulata, announced investment fund Gem Global Yield, registered in Bahamas Islands, has become a shareholder with a more

01.28.2025

A blinkered view of climate change and sustainability has taken hold across the world's investor community and is fueling a focus on short-term performance at the expense of longer-term gains from more

01.21.2025

Generative AI (Gen AI) adoption has reached a key phase, with seven out of ten respondents (67%) that participated to the latest edition of Deloitte's study “The State of Generative AI in the more

01.08.2025

The most pressing risk for Romania in 2025 lies in the continued deterioration of its fiscal situation amid rising global bond yields, which could significantly impact the country’s economic more

12.23.2024

Global Archive Management (GAM), a local company specializing in document archiving services, ends 2024 with an 18% increase in turnover compared with 2023, to RON18 million, as per data released by more

12.02.2024

Global Vision, a leading real estate and energy company in Central and Eastern Europe, has announced in a press statement on Dec 2 the company's appointment of Daniela Lazea as General Legal Counsel. more

11.25.2024

Bucharest’s Calea Victoriei (Victory Avenue), the main shopping street in Romania, has climbed two positions, to 38, in the ranking of the world’s most expensive shopping destinations, as more

11.12.2024

Romania continues to be an attractive destination for Global Business Services (GBS) centers due to factors such as competitive labor costs, access to a large pool of specialists in key areas like IT, more

11.11.2024

Consumers’ continued passion for seasonal sales is being fueled by the global cost of living crisis, driving shoppers to seek out more bargains as they try to make their disposable income stretch more

10.07.2024

Selion Global, a global leadership consulting firm specializing in executive search, Board services, leadership advisory and consulting, is entering the Romanian market in partnership with two of the more

09.18.2024

Mihnea Radulescu, one of the best known executives in the local telecom industry, who has been running the business unit of Vodafone, will return to US telecom giant Liberty Global as of October 1, more

08.28.2024

Schwarz Global Services, the IT company providing digital and business services for Schwarz group (owner of Kaufland and Lidl retail giants) reported turnover of above RON66.7 million (EUR13.4 more

08.26.2024

Romania will have 9 companies included in the FTSE Global All Cap indices starting September after the shares of Transport Trade Services (TTS) are included in the Small Cap category, in line with an more

07.22.2024

A team of PwC Romania mergers and acquisitions consultants advised the shareholders of Global Records group in the sale of a minority stake to global digital music company Believe. more

07.22.2024

Global Vision, a real estate business that operates on both the office and industrial space markets, plans to launch a special division for investment and development of green power projects and its more

07.19.2024

Belgium's WDP, one of the largest industrial and logistics property developers in Romania, has acquired a portfolio comprising 136,374 square meters of logistics space and a land plot of over 300,000 more

07.10.2024

France-based Believe, one of the leading digital music companies in the world, has bought 25% in Global Records, established by Stefan Lucian in 2008. more

06.20.2024

Agir Global, a steel producer of Turkey, has entirely acquired Steel Service Center Sidma Romania SRL, a subsidiary of Greek Sidma Group. more

06.17.2024

Oracle Global Services Romania, part of US group Oracle, one of the world's largest tech groups, registered an almost 16% turnover decline in 2023 year-on-year, to over RON518.4 million (EUR104.2 more

06.14.2024

UniCredit Bank has completed a syndicated transaction as Joint Global Coordinator and Bookrunner, consisting of a financing package of up to EUR291 million for First Look Solutions SRL, a more

06.11.2024

DB Global Technology, Deutsche Bank’s Bucharest tech center, ended 2023 with a turnover of RON713.4 million, up 34.9% year-over-year, in line with data from the balance sheet submitted by the more