BlackPeak Capital invests in Affinity Life Care
BlackPeak Capital, a private equity firm focused on Southeast Europe, has made a growth equity investment in Affinity Life Care.
BlackPeak Capital, a private equity firm focused on Southeast Europe, has made a growth equity investment in Affinity Life Care.
Romania has finalised a landmark contractual framework with German defence giant Rheinmetall for the construction of a new ammunition powder factory in Victoria, Brașov County.
The number of tourist arrivals in Bucharest reached 777,756 in the first five months of 2025, according to data from the National Institute of Statistics (INS).
Starting August 1, Romania's new fiscal package increased the standard VAT rate from 19% to 21%. It also merged the 5% and 9% reduced rates into a single 11% rate.
The Board of Directors of Transport Trade Services (TTS) has announced a significant leadership change, appointing Ana Bobircă as the new Chairwoman.
The total weight of goods transported to/from main ports in the EU by short sea shipping was 1.6 billion tonnes during 2023.
The Federation of Construction Companies' Employers (FPSC) has voiced concerns regarding the Government's recent fiscal and budgetary measures.
While businesses are increasing their investment in Environmental, Health and Safety (EHS) initiatives, many are failing to integrate them into their long-term strategies.
JTI's global IT hub in Romania is expanding, with the number of employees growing from 140 at the beginning of the year to 170 currently, and projected to exceed 200 by year-end.
Digi Communications has reported consolidated revenues and other income of €1.11 billion for H1 2025, marking a 21% increase compared to the same period in 2024.
Local FMCG distributor Aquila has reported a consolidated revenue of over RON 1.5 billion (€301.8 million) during H1 2025, marking an 18% increase compared to the same period in the previous year.
2Performant Network has announced the termination of its agreement to acquire the Profitshare business from Conversion Marketing and Dante International (eMAG).
Romanian startup investment fund Early Game Ventures (EGV) has announced a new seed investment of €1 million in the space-tech startup Orbital Matter.
F64, the local retailer specialized in the photo and video equipment market, is expanding its partnership with VTEX to launch a new marketplace and cross-border sales operations.
E.ON Energie Romania has seen significant growth in its energy solutions segment, exceeding 100,000 customers.
The Romanian media and entertainment industry is projected to experience constant growth over the next five years, reaching a value of €4.91 billion by 2029.
Medicai, a local health-tech startup specializing in cloud-native medical imaging, is expanding its presence in the US market, backed by an investment of approximately €200,000.
Turkish defense tech supplier Havelsan and Karel Europe, the Romanian subsidiary of Karel, have signed a strategic Memorandum of Understanding (MoU).
Saint-Gobain, the supplier of light and sustainable construction solutions, has announced a new record for its operating margin and a robust operational performance for H1 2025.
Romanian TeraPlast Group, the largest polymer processor in Southeast Europe, recorded a positive net result of RON 3.4 million (€0.7 million) during H1 2025.
Glovo, Uny (formerly E-Mobility Rentals), and Kaufland România have expanded their sustainable delivery initiative to Constanța, introducing 20 zero-emission vehicles and four charging stations for delivery couriers.
Liberty Galați's restructuring plan was officially approved by creditors and the Galați Tribunal at the start of August.
Dairy giant Royal FrieslandCampina has reached an agreement to sell its Romanian operations, including the Napolact brand and production facilities in Cluj-Napoca.
Diehl Aviation, a leading aviation industry supplier, has begun construction on a new production facility in Craiova, in response to increasing demand in the aviation sector.

Romania's annual inflation rate remained unchanged at 9.8% in November.
Romania leads the European Union in both VAT and corporate tax collection failures, losing approximately one-third of potential revenue from each tax, according to a European Commission analysis published this week.
ABB Romania has opened its new customer experience center in Bucharest, a space designed to showcase the company's solutions in electrification, automation, energy efficiency and motion.
As winter holidays approach, Romanians experience both the joy of gift preparation and the pressure of festive spending.
The Investment Committee designated by the Romanian Government for the Recovery Equity Fund has approved financing for five new investment funds in Q4 2025, announced the Ministry of Investments and European Projects (MIPE).