Tag: Timisoara (23 articles)

Real estate   |   27 June, 2025 at 4:23 PM

CEE emerges in race for AI talent

Romania is increasingly attracting international investors due to its competitive technological capabilities and a conducive ecosystem for AI development, finds a new CBRE report.

Industry   |   21 March, 2025 at 2:45 PM

Uber Black launches in Timișoara

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.

Real estate   |   6 March, 2025 at 10:34 AM

Tech spearheads office leasing in Romania

Companies in IT, manufacturing, industry, and the medical and pharmaceutical sectors were the most active in Romania's office rental market over the past five years, generating over half of the demand for new space.

Economy   |   21 January, 2025 at 9:57 AM

SAP Romania exceeds 1000 employees

Currently, the central office in Bucharest is home to 654 employees, the Timisoara office has 270 specialists and the Cluj-Napoca office has 124.

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BCR records net profit gain of 12% in H1 2025
Finance

BCR records net profit gain of 12% in H1 2025

BCR recorded a net profit of RON 1.47 billion (€294 million) in H1 2025, a 12% increase from the same period last year. This performance was driven by an improved operational performance and a higher volume of customer business.

Finance

BRD names new Interim Chairman

BRD-Groupe Société Générale has announced the appointment of Jean Pierre Georges Vigroux, an independent Board Member, as the Interim Chairman of its Board of Directors.

Energy

OMV Petrom sees 21% profit dip in H1 2025

OMV Petrom registered a net profit of RON 2.08 billion (€419.7 million) in H1 2025, a 21% decrease compared to RON 2.62 billion (€528.2 million) in the same period last year.

Finance

Insolvencies surge by 32% in Bucharest

Bucharest recorded 8,639 insolvency cases between August 2024 and July 2025, which is a 32% increase compared to the previous 12-month period.