Atakan Turhan began his career at Swissôtel The Bosphorus in Istanbul in 1992 after graduating from Boğaziçi University's Department of Tourism and Hotel Management.
The launch of the flagship EIB Group Investment Report calls for EU market integration, simplification and investments in innovation, echoing the most recent EC initiatives.
Morphosis Capital Fund II, a growth capital fund focused on developing high-growth SMEs, announces its first investment outside Romania.
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%.
Metinvest has completed the acquisition of ArcelorMittal Tubular Products Iași, located in eastern Romania.
State-owned lender CEC Bank has obtained a €25 million loan from the European Investment Bank (EIB) to finance public sector projects that contribute to sustainable economic development, particularly in regions most affected by climate transition.
TotalEnergies Marketing Romania has announced the appointment of Franck Bagouet as Managing Director of TotalEnergies Marketing Romania and Managing Director Automotive Southeast Europe Hub TotalEnergies Marketing.
Engie Romania has doubled its renewable energy capacity to approximately 500 MW following the acquisition of a 253.1 MW wind farm in Ialomița county from Greenvolt Power.
Socar Petroleum has opened its first petrol station in Baia Mare, bringing its total network to 88 stations across 30 counties in Romania.