The cryptocurrency market is down today due to renewed fears over stalled US-China trade talks, significant long liquidations, and a weak technical structure. Key points: The total crypto market cap fell 2.60% to $3.34 trillion on May 30, fueled by stalled US-China trade talks. Over $683.4 million in crypto futures liquidated, with $617.85M in longs reinforcing the intensity of the selling pressure. Read more
Developers plan to bring around 32,000 new apartments on Bucharest housing market by end-2028.
Veeam Software Romania, the local subsidiary of the US provider of solutions ensuring data availability and recovery, saw its turnover stagnate in 2024 at RON330.7 million (EUR66.5 million).
GlobalLogic Romania, the local subsidiary of the Silicon Valley company of the same name that is part of Japanese group Hitachi, in 2024 returned into the black, with profit hitting RON33.7 million (EUR6.8 million), after a net loss of RON3.5 million in 2023.
Roumasport, which operates sports equipment store network Decathlon, for 2024 reported turnover worth RON1.437 billion (EUR288.9 million), up 5% on the year, in line with ZF calculations based on Finance ministry data.