Romanian companies anticipate improvement of macroeconomic indicators such as GDP, inflation and unemployment, but still adopt a prudent approach as uncertainty remains high.
This year should be a much better year for tech startup funding, after 2023 was the worst in nearly a decade.
Romanian companies rely more and more on interpersonal and friendly relationships with employees and business partners, investing more in being different and memorable.
Fulfill.ro, the e-commerce logistics division of Mediapost Hit Mail, the largest integrator of direct marketing services in Romania, has reached a 37% increase in turnover in 2023.
Investments include the completion of a new bottling and storage facility, as well as the expansion of the distribution network, key strategic elements in the upcoming period.
The BMW Group and NTT DATA Romania have signed an agreement to establish a Joint Venture (JV) in Romania.
Connections (CC), a digital transformation company, has increased its revenue by 203% in 2023, reaching 177 million lei.
AccelerAction, a virtual space that connects DeepTech innovators across Europe and that is funded by the European Union, is launching Collab.
International law firm CMS has advised The Cicor Group on its acquisition of 100% of the shares of Romanian engineering company, Evolution Medtec SRL.
In the dynamic realm of the Information Technology (IT) sector, 2024 is poised to be a transformative period defined by a myriad of trends and challenges.
Safetech Innovations, posts an individual turnover of RON 31.1 million, down 11% compared to 2022 and a net profit of RON 9.7 million, down 5%.
PayU GPO Romania, the leader of the local online payment market, estimates that the value of the e-Commerce market will be around €11.5 billion in 2024.
TaxDome, a USA company has announced an investment in Romania, a new enter in the local IT market.
Novartis Romania received the international Top Employer certification, a title awarded by the Top Employers Institute, a global authority in human resources.
Libris, an online bookstore in the Romanian market, closed 2023 with a turnover of RON 80 million, representing a 20% increase compared to 2022.
The retailer Flanco announced the acquisition of its first two real estate projects for new greenfield stores. They are located in commercial areas of Botoșani and Brașov and were purchased in the last six months.
Iulius Dan Plaveti has taken over as Chairman of the Board and CEO of Hidroelectrica starting 10 June 2026, with his mandate running until 7 November 2027.
Visual Fan has completed the energisation phase of its Full EPC BESS project in Teiuș, featuring a storage capacity of 120 MWh.
The TechAngels Board has appointed Ana Maria Andronic as President for a mandate lasting until next year's internal elections.
Romanian entrepreneur Iulian Stanciu has announced the sale of his stake in eMAG Group to Prosus, 17 years after taking over the company and 14 years after signing the partnership with Naspers (Prosus).
Romanian consumers are becoming increasingly pessimistic about the country's economic and political outlook while continuing to prioritise spending and aggressively seek value, according to the latest Consumer Sentiment Survey by Boston Consulting Group (BCG).