Finance

Business Forum   |   11 February, 2025 at 12:11 PM

Digital payments in Romania approach €37 billion

AI and blockchain technology are having a growing impact on the FinTech industry, with digital payments and e-wallets expanding, according to experts at Money Motion 2025.

Business Forum   |   31 January, 2025 at 1:13 PM

Dealmaking volume stable but value is down

65% of all big pharma revenues now come from dealmaking, confirming a need for robust inorganic growth and value creation strategies.

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Industry

Polpharma to launch takeover bid for Biofarm

Polish pharmaceutical company Zakłady Farmaceutyczne Polpharma has agreed to launch a voluntary public takeover offer (VTO) for all shares of Romanian drugmaker Biofarm, according to a regulatory filing.

Finance

Romanian leu hits new historic low against euro

The Romanian leu depreciated on Wednesday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.2688, up 0.97% from the previous rate, recording a new historic high.