LSEG Romania is one of the Group's largest Technology and Operations hubs across the world, with more than 1,000 employees in Bucharest.
Failure to comply with proper timelines for public consultation in the legislative process is a negative signal that increases the degree of uncertainty for the future of investments in Romania.
The number of investors in investment funds also crossed the 700,000 threshold, an advance of more than 37% since mid-2023 and 8.6% since the first quarter of this year.
TechAngels members' investment intent for the second semester is €1.8 million, almost double the H1, a similar trend to last year.
The new funding round will help Ogre AI to further expand its technological capabilities and strengthen its market presence.
A market maker plays a crucial role in ensuring the smooth trading of financial instruments, such as ETFs, by continuously quoting buy (bid) and sell (ask) prices.
The total targeted amount is up to €10 million. The holding intends to raise this amount from investors over the next 2 years.
In the pharmaceutical industry, in silico research is emerging as a game-changer.
tbi bank's consolidated unaudited financial results for H1 2024 show a net profit of €23.2 million, 17% higher than the €19.7 million profit in the same period of last year.
ECB will continue to cut interest rates by 25 basis points, although a more aggressive cut of 50 basis points would be more justified given the fragile economic situation.
The consolidation will involve offering 1 new ONE share for every 50 existing shares, impacting the number of shares and the nominal value of One United Properties' shares.
Refinancing a mortgage loan today by switching to a fixed interest rate can bring a 22.5% decrease in the monthly installment paid compared to the value registered a year ago.
Salt Bank's clients are mainly individuals with medium and high social status, with almost half (46%) of them earning more than €1,000 monthly.
In 2023 alone, Kearney identified 827 new zombie companies—outpacing the 534 that were “resurrected” by improving financial situations and the 127 that were delisted.
Sphera Franchise Group is one of the 16 companies out of the 80 evaluated from the Main Market of the BSE that received the maximum score, 10, for investor communication.
Founded in 2014, La Cocos is a Romanian discount retailer currently operating three locations in Ploiesti and Bucharest.
The proceeds will be used, among others, for the development, construction, and operation of two solar photovoltaic plants in Giurgiu County, with a combined capacity of 315 MW.
Banca Transilvania's net profit amounted to RON 1.81 billion, +42.6% compared to the first six months of 2023.
Alin Latu has seven years of expertise in the foreign exchange market and international payments. For the past three years, he served as Country Manager for iBanFirst Romania.
The construction of the factory started in May 2023 and requires a total investment of €650 million.
At the level of the entire holding, an EBITDA level of RON 36.3 million is reported in S1 2024, representing an increase of 75.2% compared to the same period of the previous year.
The lawyers advised on aspects including finance structuring, drafting and negotiation of finance documents and bankability review of project agreements.
The record compensation of €45,000 (over RON 220,000) was awarded to an insured who had a UNIQA travel insurance policy.
In the second quarter, the company began dividend distributions totaling 81.7 million and started one of its shareholder-approved share buyback programs on April 29, 2024.
Over half of the PE funds in Romania anticipate an increase in M&A activity in 2025 compared to the previous year, according to a Roland Berger study.
More than 13% of businesses in the EU used AI during 2024, while companies in Romania fall below this average, according to a European Commission report on digitalization.
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
Etiq AI, the AI startup founded by Iris Anson and Raluca Crișan, has secured €900,000 in seed funding led by GapMinder VC, adding to their £1 million grant from InnovateUK.
Close to 12,000 Romanians that are abroad had already voted by Friday morning in the first round of presidential elections.