66% of consumers find private label just as good as branded alternatives, with 38% having no plans to switch back to branded goods.
The transaction is Convergint's first acquisition in Romania and it also marks the most important deal in the local safety and security systems market.
At the end of June 2024, the Group had a hotel portfolio of 838,722 rooms (5,682 hotels) and a pipeline of 218,000 rooms (1,297 hotels).
Western European shoppers spend an average of €85 per transaction, while Eastern European consumers spend €55.
Christian Tour: Romanians are traveling more and more, choosing international destinations; trips abroad accounted for 49% of sales in 2023.
In July, Carrefour marks the opening of a new rebranded and remodeled hypermarket in the Supernova shopping center in Alexandria 152, following the acquisition of the Cora Romania.
Additionally, nearly a quarter of the total online stores and partner sellers now deliver products outside of Romania.
A significant impact on the company's growth was also due to the inauguration of direct long-haul flights on the regular Bucharest – New York route.
The invention is a device that automatically and evenly applies sunscreen oil with different protection factors all over the body in just 7 seconds, with the touch of a button.
CogniSync is developing a new tool for optimizing workflows as companies and teams scale by surfacing internal best practices and revealing potential misalignment with compliance.
Redbee Software, ranked 65th in Deloitte EMEA Technology Fast 500, specializes in web and mobile software solutions leveraging cutting-edge technologies.
According to the Fund's asessment, the selection process did not abide to the provisions of the corporate governance legislation, and failed to produce suitable candidates.
Through the new partnership, HILS Development is supporting one of Romania's most beloved sports and helping to build the success of a legendary team, Dinamo 1948.
The project was awarded to certSIGN following a public tender organized at the end of 2022 and it is valued to approximately €2 million.
About 62% of the customers visit the store at least 2–3 times a month, the highest percentage of all countries where Pepco is present.
The revenues of the hotel owned by Hercesa Romania increased by 3% in the first six months of this year, and the occupancy rate reached 76%.
Since its launch in 2015, Dino Parc Râșnov has captured the hearts of families with children, quickly becoming their favorite destination.
The building has been designed sustainably and aims for the BREEAM Excellent certification.
The first plant, which will be located at MOL Petrochemicals Co. Ltd. in Tiszaújváro, Hungary, will have a processing capacity of 40,000 tons of mixed waste plastics per annum.
Carrefour's hypermarkets offer the widest range of items across the entire network of stores in the retailer's portfolio, with more than 43,000 food and non-food products.
The flower shop in Sun Plaza is strategically located in one of the most frequented shopping centers in the capital and covers an area of 22 sqm.
The company estimates 30% better results in Poland compared to Romania, considering market size.
The Romanian private equity (PE) and venture capital (VC) sector has demonstrated significant contributions to job creation and economic growth.
Previously, he held the position of Deputy Head of Construction Services and Asset Services.
PPC Group has strengthened its renewable energy presence in Romania with a new 130 MW photovoltaic plant in Călugăreni, located 40 km south of Bucharest, which was recently connected to the grid.
MedLife, Romania's largest private healthcare network, announced financial results for the first nine months of 2025. The group recorded consolidated pro-forma revenue of over RON 2.36 billion (€464 million), up 19.5% compared to the same period in 2024. EBITDA pro-forma increased by 20.4% compared to the first nine months of last year.
The Romanian Investment and Development Bank (BID) has committed €20 million to the Three Seas Initiative Innovation Fund, becoming the fifth national promotional institution to support the EIF-led investment vehicle targeting growth-stage companies across Central and Eastern Europe.
Digi Communications has announced its Q3 2025 financial results, showing consolidated revenues of €561 million, up 14% compared to the same period last year. The telecom company achieved total revenues of €1.643 billion for the first nine months of 2025, representing a 16% increase year-on-year.
Romania's economy delivered a mild upside surprise in the third quarter, with flash estimates pointing to 1.6% annual growth, above expectations. However, the economy still contracted by 0.2% versus the previous quarter. After nine months of 2025, the economy is 0.8% above the same period of 2024, according to a report by ING Bank Romania.