Diehl Aviation, the German system supplier of aircraft system and cabin solutions, is set to broaden its global footprint by establishing a new production site in Romania.
Iulian Stanciu, the Executive President of eMag, the biggest e-commerce player in Romania, said that Europe has become the target of Chinese exports.
Global IT service provider Sigma Software Group has announced the opening of its first engineering hub in Romania, marking a significant expansion of its European presence.
Holland Automotive Group of Canada has acquired the dealerships of Forza Rossa and British Motors in Romania.
Showpad, a global leader in AI-driven revenue enablement technology, has announced the launch of its new R&D centre in Bucharest.
Cross-border ecommerce transactions in CEE have seen a significant surge, climbing by 15% to reach €24 billion in 2024 compared to 2023.
The IT&C sector has a contribution of nearly 8% to the Romanian GDP, according to a message from interim president Ilie Bolojan.
Private healthcare chain Medicover has announced the acquisition of Synlab Group's local businesses in Romania, Turkey, Cyprus, Slovenia, Croatia, and North Macedonia for €71.3 million.
Low-cost airline Wizz Air has opened a new base at Bucharest Băneasa Airport, offering flights to seven destinations including Naples, London, and Budapest.
Private equity fund MidEuropa has agreed to sell private healthcare chain Regina Maria to Mehiläinen Group, the largest private healthcare provider in Finland backed by investment fund CVC.
Carrefour Romania has announced the appointment of Anne-Sophie Bauwens as its new CFO and Member of the Executive Committee.
Israel's national airline El Al has announced the signing of a partnership with Romanian state-owned airline Tarom.
Catalyst Romania Fund I has announced the sale of its shares in avocatnet.ro, a Romanian Information as a Service platform specialising in compliance and regulatory insights.
Symmetrica, a local manufacturer of vibrated pressed paving stones and kerbstones, is preparing to complete its new factory in Bolintin Vale.
The European Patent Office (EPO) received nearly 200,000 patent applications last year, according to the Patent Index 2024, with computer technology leading the way for the first time.
Arctic Stream, a public IT infrastructure and security integrator, has formalised the acquisition of a 23% stake in Data Core Systems (DCS).
The National Company for Road Infrastructure Administration (CNAIR) has announced that Vodafone Romania has won the contract for implementing the electronic road toll system.
Uber has expanded its services in Romania by launching Uber Black in Timișoara. This new service brings a premium and luxurious travel option to the city.
Romanian private healthcare player MedLife is extending its reach by acquiring a majority stake in All Clinic, a healthcare group in the Republic of Moldova.
DP World has launched a comprehensive pan-European logistics service, with its European Control Tower opening in Bucharest.
During 2024, the total number of non-resident tourists staying in collective tourist accommodation in Romania was 2.17 million.
Pepco Romania retailer has announced the appointment of Raul Ciungu Iordate as the new Head of Operations.
The National Authority for Administration and Regulation in Communications (ANCOM) has identified Digi Romania as a provider with significant market power.
The Ford Otosan factory in Craiova marked the delivery of the first electric vehicles manufactured in Romania on Friday.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.
Strabag, the European technology group for construction services, has reported a stable output volume of €19.2 billion in 2024.
SAI Globinvest, a Romanian investment management company, has launched the Globinvest Energy & Financials ETF,