Bitdefender, one of the first IT companies created in Romania after the fall of communism, in 2024 neared half a billion-dollar revenues with a 20% operating profit margin, in line with data consulted by ZF.
Retailer Mega Image has budgeted EUR40-60 million investments for 2025, in line with recent years’ sums, with the money aimed particularly at store remodeling, process digitalization, logistics and product range expansion.
Carmistin The Food Company, owned by Justin and Andra Paraschiv, has become the biggest fodder producer in Romania after taking over Provimi from US giant Cargill.
Women’s top seed Aryna Sabalenka and men’s defending champion Carlos Alcaraz both survived tough tests to reach the Wimbledon quarter-finals and Cameron Norrie kept alive British singles hopes after surviving a five-set thriller on Sunday. Sabalenka ruined home favourite Emma Raducanu’s dream in the previous round but had the Centre Court crowd cheering her on as she beat Elise Mertens 6-4 7-6(4) in a high-quality duel. Wimbledon’s new automated line-calling technology came under fire after an embarrassing malfunction robbed Anastasia Pavlyuchenkova of a point during her last-16 victory over Britain’s Sonay Kartal on Centre Court. Spaniard Alcaraz came through a ferocious firefight against Russian 14th seed Andrey Rublev 6-7(5) 6-3 6-4 6-4 to stay on course for a third successive title. “Andrey is one of the most powerful players we have on Tour and is so aggressive with the ball. He forces you to the limit on each point,” Alcaraz, bidding to become only the fourth man to win back-to-back French Open and Wimb...
Elon Musk announced the formation of a new political party on Sunday, telling one of his followers on X that it will embrace Bitcoin as “fiat is hopeless.” Tesla CEO and tech entrepreneur Elon Musk has confirmed that his newly formed political party — the America Party — will accept Bitcoin. “Fiat is hopeless, so yes,” Musk replied to an X user who asked if his new party would embrace Bitcoin. Elon Musk is no stranger to Bitcoin as Tesla was an early adopter, holding BTC in its treasury. Read more
Two men who admitted to running a crypto scheme that defrauded 65 investors have both been sentenced to over five years in prison. The UK has sentenced two men to a combined total of 12 years in prison after they admitted to running a crypto scheme that stole over 1.5 million British pounds ($2 million) by cold-calling victims. The Financial Conduct Authority said on Friday that a central London court handed the scheme’s operators, Raymondip Bedi and Patrick Mavanga, their sentences after the pair pleaded guilty to multiple charges in November. Bedi was sentenced to five years and four months behind bars, while Mavanga was sentenced to six years and six months. Read more