Nedim Baytorun replaces Achilleas Kanaris as CEO of Vodafone Romania
Nedim Baytorun, Consumer Business Unit Director at Vodafone Romania since July 1st 2021, will take over as CEO of the company.
Nedim Baytorun, Consumer Business Unit Director at Vodafone Romania since July 1st 2021, will take over as CEO of the company.
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.
BlackPeak Capital, a private equity firm focused on Southeast Europe, has made a growth equity investment in Affinity Life Care.
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.
Romanian Agroland Group, specialising in retail, agribusiness, and food production, is set to receive a €15 million loan to expand its food division.
The deposits of non-governmental resident clients at banks rose by 0.9% in July 2025 compared to the previous month, reaching RON 634.9 billion (€127.8 billion).