Finance

Business Forum   |   2 May, 2025 at 3:00 PM

Etiq AI raises €900,000 in GapMinder-led round

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.

Business Forum   |   30 April, 2025 at 5:10 PM

BCR profits rise by nearly 20% in Q1 2025

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

Business Forum   |   15 April, 2025 at 6:18 PM

Fil Rouge Capital expands into Romania

Fil Rouge Capital (FRC) has announced the launch of its latest €60 million venture capital fund (FRC3) and is officially expanding its operations into Romania.

Business Forum   |   14 April, 2025 at 9:25 AM

Dividend season on the BVB: Average of nearly 5%

The average dividend yield proposed for shareholders' voting for a selection of companies within the BETPlus index is 4.8%, according to a Tradeville report.

Business Forum   |   14 April, 2025 at 7:20 AM

BVB appoints new CEO

Remus Vulpescu will be the new CEO of the Bucharest Stock Exchange (BVB) starting this summer, following a board decision

Business Forum   |   10 April, 2025 at 4:45 PM

Salt Bank exceeds 500,000 customers in first year

Romanian neobank Salt Bank has recorded over 500,000 customers in the first year of operation, a figure that is double compared to its initial launch projections.

Business Forum   |   1 April, 2025 at 5:17 PM

Romania's insurance market gains 11% in 2024

Romania's insurance market saw a total volume of gross written premiums of RON 23.4 billion (€4.7 billion) during 2024, up 11% compared to the previous year, according to a report by the Financial Supervisory Authority (ASF).

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Vodafone Romania to merge with Telekom by June 2026
Real estate

Vodafone Romania to merge with Telekom by June 2026

Vodafone Romania acquired Telekom Romania Mobile Communications on 1 October 2025 and has begun the phased integration of operations, systems and Telekom's network. The merger of the two companies is scheduled for the end of 30 June 2026.

Economy

World economy loses €25 trillion annually due to waste

The world economy loses around €25.4 trillion in value annually, equivalent to almost 31% of global GDP, due to inefficient resource management, according to a report conducted by Deloitte and Circle Economy. This means that for every three euros created, one euro is lost.