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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AROBS Transilvania Software Eyes RON460M Consolidated Turnover, Up 11%, RON37M Net Profit, 76% above 2024 Level, in 2025
03.31.2025
AROBS Transilvania Software for 2025 targets RON460 million consolidated turnover, up 11%, RON73 million EBITDA and RON37 million net profit, 76%... more
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One United Properties Buys 21-Ha Land Plot for EUR21M for One City District Project
03.31.2025
Real estate developer One United Properties has signed with CPI Romania for the acquisition of a 21-land plot in Bucharest District 5, on the site... more
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One United Properties Eyes Turnover Of RON1.55B, Net Profit Of RON393.5M In 2025
03.29.2025
One United Properties (stock symbol: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, forecasts a... more
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Norofert Swings To RON3M Net Profit In 2024
03.29.2025
Norofert (stock symbol: NRF), the main producer of organic inputs for agriculture and supplier of biotechnology for the Romanian agriculture, said... more
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Sphera Franchise Group Projects 12% Higher Sales Of RON1.73B Sales In 2025
03.28.2025
Sphera Franchise Group (stock symbol: SFG), the largest food service group in Romania, has announced in a press statement on March 28 that its 2025... more
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Sema Parc To Host Romania's Most Advanced Elite Football Training Center
03.28.2025
Real estate developer Sema Real Estate has leased over 1,000 square meters of space to Elite Skills Arena, which will open the most advanced... more
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Agroland Group Aims For Net Sales Of RON363.4M, Net Profit Of RON9.8M In 2025
03.28.2025
Agroland Business System (AG.RO), a Romanian farming, gardening, and pet care products retailer, targets net sales of RON363.4 million, at... more
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Agroland Business System Opens New Store, In Turnu Magurele
03.28.2025
Agroland Business System (AG.RO), a Romanian farming, gardening, and pet care products retailer, has opened the 30th Agroland store in MEGA format... more
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Digi Romania Signs Two Export Credit Facilities Agreements Of EUR55M To Expand Telecom Networks In Romania, Portugal
03.28.2025
Telecom operator Digi Communications (stock symbol: DIGI) announced in a stock market report on March 28 that Digi Romania (the company’s... more
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Hexagon Secures Over EUR18M Financing From Libra Internet Bank For Residential Complex In Cluj-Napoca
03.28.2025
Romanian real estate developer Hexagon has secured financing of over EUR18 million from Libra Internet Bank for the development of ERA residential... more
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Statistical Office: Romania Reports Fewer Job Vacancies In 2024 vs 2023
03.28.2025
The average annual number of job vacancies in Romania stood at 35.9 thousand in 2024, lower by 4.0 thousand than in 2023, data from the country’s... more
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Antitrust Body Clears OMV Petrom’s Outsourcing Of Transport Services To Eugen Trans
03.28.2025
Romania's Competition Council has approved the transaction by which OMV Petrom (stock symbol: SNP) intends to outsource transport services from the... more
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Nokian Tyres Oradea Plant Starts Delivery Of Tires
03.28.2025
Nokian Tyres Oradea has started production and deliveries from its new plant in Oradea. Winter and all-season tires are the first products to reach... more
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Fitch Ratings Revises Electrica's Outlook To Stable; Affirms At 'BBB-'
03.28.2025
Electrica (EL.RO), a major actor on the electricity distribution and supply market in Romania, has informed investors on March 28 that the... more
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Evergent Investments Maintains Withdrawal Statement From Aerostar Shareholder Structure
03.28.2025
Alternative investment firm Evergent Investments (EVER.RO) has notified the Bucharest Stock Exchange about reaffirming its decision to withdraw... more
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Romgaz Proposes RON604M Dividends To Shareholders
03.28.2025
State-run natural gas supplier and producer Romgaz (SNG.RO), has called shareholders for April 29 to vote on the distribution of a RON0.1568 gross... more
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Dexory Joins Endeavor’s Global Network To Accelerate Its International Growth
03.28.2025
Dexory, a robotics and data intelligence company, founded by Romanian entrepreneurs Oana Jinga, Andrei Danescu and Adrian Negoita, has officially... more
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Electrica Plans To Distribute RON60M Dividends In 2025
03.28.2025
Electrica (EL.RO), a major actor on the electricity distribution and supply market in Romania, seeks shareholder vote on April 29 for distribution... more
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Banca Transilvania Expects 14% Growth In Assets To RON210B In 2025
03.28.2025
The assets of Banca Transilvania (TLV.RO), the leader of the Romanian banking market, are set to increase by 14% to RON210 billion in 2025, as a... more
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Farmacia Ardealul Ends 2024 With 8% Growth To Over RON90M
03.28.2025
Farmacia Ardealul, a chain of 11 pharmacies in Piatra Neamt that started 32 years ago, posted 8% growth in revenue to more than RON90 million in... 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.