The transaction represents a strategic step in AQUILA's regional expansion and was finalized following the fulfillment of all suspensive conditions stipulated in the contract.
37,752 round trips are made annually to transport physical documents between commune and prefecture halls just for the approval of a local council decision.
New research from Mastercard, released ahead of International Women's Day 2025, reveals four in ten (40%) women in Europe have considered running their own business.
The United States is Romania's second-largest non-EU trading partner, after the United Kingdom.
Throughout the past year, the company continued to implement projects alongside companies from a diverse range of industries.
Significantly improved profitability for KFC Romania, which achieved a net profit of RON 100.2 million (+15.5%), and Taco Bell, which increased its net profit almost six times
The Tomorrow Division, encompassing all insurance-related projects, continued its strong performance, contributing 62% to total turnover.
AI-powered solutions transform the shopping experience and integrate changing consumer needs,
The new branch will be located in Bergamo, and operations in Italy will be carried out by an operational team coordinated by a local representative.
At the group level, Simtel Team S.A. recorded a turnover of RON 273.9 million, GES Furnizare (GES) – RON 64.7 million, Simtel Moldova – RON 8.2 million, and ANT Energy – RON 9.1 million.
Excluding the mega-transactions (with values of more than €500 million), the average transaction value was € 34 million in 2024, compared to €25 million in 2023.
In 2025, rising trade tariffs will become a reality in many markets, affecting supply chains, market access, and corporate costs.
Romania, the main strategic partner of the Republic of Moldova – Reconfirmation by the visit of Prime Minister Dorin Recean to Terra Impex in the Vulcănești Free Economic Zone.
The transaction is financed through the NextGenerationEU program, with the financial support of the Government of Romania and the Government of Bulgaria, through the PNRR.
Axionet is founded and led by entrepreneur Gabriel Ioniță, who has transformed the company into a leading player on the local market.
About 18% of the total number of vacancies was concentrated in manufacturing (6,300 vacancies) and the rate was 0.59%.
World Bank indicators show a favorable business environment in Romania, but corruption remains a challenge.
Most confident CEOs taking long-term approach to transformation with a focus on customers and employees, despite evolving disruptive forces.
The project aims to reconfigure, modernize and increase the capacity of the Perișoru power line by replacing the line over a length of about 35 km.
On a gross basis, compared with the same quarter in 2023, GDP in the fourth quarter of 2024 increased by 0.7%.
According to data presented in November 2024 by the governor of the National Bank of Romania (NBR), Mugur Isărescu, the inflation forecast for the end of 2025 is estimated at 3.5%.
Organic growth was 2.2%, with a return to positive real internal growth of 0.8%, and both strengthened in the second half.
Companies that received the certification are Agexim Transport & Logistics, Christian'76 Tour, Compexit Grup, IRUM, Perla Harghitei and Temad Co.
In such a volatile environment, digitalization becomes the safest way for SMEs to maintain control over their businesses.
The European Investment Bank (EIB) reveals that 78% of Romanian firms invested in the past year, up from previous editions but still below the EU average of 86%.
Romanian employees are among the least likely to use artificial intelligence at work, with only 44% reporting AI usage in the past year compared to a global average of 57%, according to a PwC survey.
Samsung Electronics has announced the appointment of Jaesung (James) Kim as President of Samsung Electronics Romania and Bulgaria (SEROM).
UBM Feed Romania has rebranded as Protena following a shareholding restructure that sees East Grain Group and Poultry Investment.
Nearly half of Romanians would invest in battery storage systems for green energy if they received government subsidies, according to a study conducted for despre-energie.ro, a project by E.ON and Delgaz Grid companies.