Latest news
Wednesday, 25 September, 2024
10:00
SeedBlink launches Raise Hub, helping financing European start-ups
Raise Hub empowers European startup founders to manage their fundraising, making access to capital more flexible and accessible by leveraging SeedBlink's digital infrastructure.
09:47
Agroland Agribusiness announces revenues of RON 30.6 million in H1 2024
Revenue from the sale of fertilizers reached RON 10.7 million, up 10% compared to the same period last year.
09:42
Bento posts net profit of RON 12.1 million in H1 2024, up 106%
The "Software Development" division contributed 31% to the operating revenues for the first half of 2024, while the "IT, Infrastructure, and Cloud" division contributed 68%.
09:35
Report: Romania remains among the EU states with most accessible mortgage loans
The average instalment for buying a one-bedroom apartment in Bucharest came to hold a percentage of about 40% of the average wage at a national level, down from 43% a year ago.
Tuesday, 24 September, 2024
15:08
Pentest Copilot becomes Pentra and will launch its product in October
Pentra is a cybersecurity start-up founded by high school students, the youngest team EGV has ever invested.
14:53
Restart Energy completes a photovoltaic project for Tehno Proenergy
Restart Energy has so far completed more than 150 PV projects and installed more than 50 MW with the capacity to produce 20.54 GWh and avoiding 13 411 tons of CO2 emissions.
13:55
iO Partners adds proptech service to its portfolio
iO Partners, a JLL Preferred Partner, has teamed up with Bright Spaces proptech to provide its clients with a 3D space planning tool.
12:27
BRINGO exceeds 1 million orders delivered in 2024
With sales valued at nearly RON 500 million and a turnover exceeding RON 60 million in 2023, Bringo anticipates similar performance in 2024.
12:19
Romanian luxury market dominated by multi-brand stores and franchise partnerships
Bucharest, often referred to as "Little Paris," has been one of the fastest-growing cities in the European Union over the past two decades.
12:12
WHO and multilateral development banks kick off investment plans in 15 countries
The investment plans now being developed in these 15 countries, as a phase 1, are expected to make up a significant proportion of that financing effort.
11:33
PPC Group receives international honors by Institutional Investor
PPC Group was named one of the "Most Honored Companies", an exclusive title awarded to just 33 out of 332 evaluated companies in Emerging EMEA region, placing PPC in the top 10%.
11:23
Private Equity investments represent only 0.041% of Romania's GDP
The ratio of Private Equity investment value to Romania's GDP is just 0.041%, ten times lower than the similar ratio at the European level.
Monday, 23 September, 2024
14:39
Domeniile Ostrov: Satisfactory harvest in extreme weather conditions
Harvesting began earlier in August due to intense heat, and the weather conditions led to accelerated ripening of the grapes.
13:20
Consumers expect brands to have a voice even in election context
This is the conclusion of the study EXPUS in the Election Year conducted by Golin Romania, through Path, in collaboration with iSense Solutions.
12:58
Holde Agri Invest post total revenues of RON 62.5 million in H1 2024
As for the 2023-2024 autumn cropping season, it produced total harvests of 43,621 tons, up 8% compared to the previous crop year, of which 2,300 tons were organic crops.
12:32
Evrotrust, officially registeres as electronic identity service provider
Romanian businesses, citizens, and public institutions can now use Evrotrust's platform for secure digital services like identity verification and cross-border transactions.
12:13
Packeta Romania enters a partnership with Diverta and expands its pick-up point network
The new pick-up points in the Diverta network will streamline the order collection process, enhancing accessibility for customers in major cities.
11:46
Coface study: Insolvencies in Romania increases by 8.3% in H1 2024
In the first 6 months of 2024, 68,223 new companies were registered, this being the lowest value in recent semesters, including the first semester of 2019.
11:37
PragmaGO enters Romanian market by acquiring 89% of Telecredit
PragmaGO provides financing to SMEs in the form of factoring and loans, mainly through embedded finance, unique services that are directly integrated into the ecosystem of partners.
11:31
MOL signed major agreement in Azerbaijan to develop gas reserves of the ACG field
MOL has also signed a Memorandum of Understanding with SOCAR to evaluate further potential cooperation opportunities in the area of hydrocarbon exploration in Azerbaijan.
10:11
AHK Romania's Cities of Tomorrow event goes to Oradea
The event, now in its 12th edition, will take place this year in Oradea, having Oradea City Hall as partner, with the support of Bihor County Council and Visit Oradea.
09:39
AHK Romania's Cities of Tomorrow event to be hosted in Oradea
The Romanian-German Chamber of Commerce and Industry (AHK Romania) will host the 12th edition of the Cities of Tomorrow conference on October 24-25, 2024. This year's event will be held in Oradea, in partnership with Oradea City Hall, and supported by Bihor County Council and Visit Oradea. Property Forum is the media partner for this exclusive event.
Friday, 20 September, 2024
12:57
Climate finance by multilateral development banks hits record in 2023
Sum for low-and middle-income economies was $74.7 billion, including $24.7 billion for climate change adaptation
12:47
Fabrica de Lapte Brasov opens a new logistics center, an investment of €40 million
The logistics automated center inaugurated today features one of Romania's largest high-bay refrigerated warehouses, reducing the carbon footprint of logistics and storage.
10:42
Marriott to open three hotels in Romania by 2029
Global hospitality group Marriott International will open three new hotels in Romania in the next five years as part of a partnership with a local investor.
Thursday, 19 September, 2024
21:05
Global demand for EVs slows as concerns remain high over lack of charging infrastructure
Percentage of consumers intent on buying an electric vehicle (EV) rises just three percentage points year-on-year (to 58%) with lack of charging infrastructure a widely cited issue.
20:42
Schneider Electric collaborates with GR3N to tackle plastic recycling challenges
With 50% of global plastic waste ending up in landfills and only 9% recycled, GR3N developed MADE, the Microwave Assisted DEpolymerization solution.
20:28
Nokian Tyres inaugurates world's first full-scale zero CO2 emission tire factory in Oradea
The factory inauguration marks the successful completion of a 2-year-long project and sets the ground for commercial production in early 2025.
11:25
Industrial stock in Romania reaches 7.3 million sqm in H1 2024
Romania's industrial stock totaled 7.3 million sqm during H1 2024, while new projects spanning 700,000 sqm were under various development stages, according to a report by Colliers.
10:06
NewCold enters Romania with land purchase
NewCold, specialized in automated and cold chain international logistics, has entered the Romanian market through a 9-hectare land plot acquisition from WDP in northern Bucharest, for an undisclosed sum. The land is located close to the new A0 ring road of Bucharest.
Wednesday, 18 September, 2024
15:13
From operational management to innovation in food industry
The entrepreneurs penetrated the market with a service-oriented business, establishing as a team with niche expertise in developing marketing strategies for restaurants.
13:00
VAT Romania breaks ground on factory in VGP Park Arad
The new 21,000 sqm facility will feature state-of-the-art manufacturing technologies, attractive offices and an employee canteen.
12:29
RebelDot triples AI & Data team, becoming a leading AI company in Romania
The company now boasts a team of 35 AI specialists delivering innovative solutions to clients across various industries, both locally and internationally.
12:24
One United Properties partners with Paris Society to open a Bonnie restaurant
With a catalog of more than seventy venues, the Paris Society group, part of the Ennismore Group, is a key player in the French hospitality sector.
12:11
Almost 40% of households struggle to pay electricity bills
New report finds $115 trillion in power-sector investment needed for net-zero goals and guides energy providers on how to drive an equitable transition for consumers and themselves.
09:12
IBB Holding to sell bonds on Bucharest Stock Exchange
Romanian construction group IBB Holding will issue euro-denominated bonds and list them on the Bucharest Stock Exchange, following a decision of its shareholders.
Tuesday, 17 September, 2024
13:30
AKTOR dug almost a kilometre of tunnels for Brașov-Sighisoara railway project
These two tunnels through the mountain, which will each be 6.9 km long, are part of the future Brașov-Simeria railway line, from the Rhine-Danube Corridor.
12:52
Generational differences shape HR policies in Business Services Industry
The biggest challenges for this industry are related to human resources, finding suitable and experienced employees, as well as adapting HR programs for each generation.
12:31
CIS Group builds a 23 MW photovoltaic park in Copsa Mica
The new photovoltaic park will generate a significant amount of green energy annually, reducing the carbon footprint and diversifying the energy sources available in the market.
12:04
ING launches Business Deals, a platform with negotiated offers for entrepreneurs
Entrepreneurs have automatic access to offers, directly from ING Business, the internet banking platform dedicated to them.
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