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Bogdan Putinica, one of the most visible leaders in the local tech industry, has announced he is ending his career at Microsoft, after four years spent at the company.
One of the most contentious components of the project related to the creation of Romania government cloud, an over RON400 million contract for equipment, software and installation & configuration services, has been ultimately awarded by Romania’s Special Telecommunications Service (STS), almost two years after the public procurement procedure was launched, with the winner being the consortium made up of local companies Metaminds and Trencadis.
Sphera Franchise Group opened a new Taco Bell restaurant in Bucharest’s Promenada Mall on October 10th. The unit is a food court-type and the sixth Taco Bell restaurant in the capital city.
“We want to double the business by 2030,” says Fady Chreih, CEO of private healthcare network Regina Maria, a leading player on Romania’s private healthcare market.
The Michelin guide, known internationally as a standard of quality in the hospitality industry, since it is the oldest and best known worldwide hotel and restaurant guide, has chosen six hotels in Romania to which it gave two Michelin keys.
Retele Electrice Romania, part of the PPC group in Romania, is developing the electricity distribution infrastructure in capital city Bucharest, with ongoing projects worth approximately RON70 million to increase the transmission capacity of high-voltage networks, while increasing the network’s resilience.
The upward revision to Romania’s 2025 budget deficit highlights the challenge of arresting the severe deterioration in the public finances and implementing consolidation measures sufficient to reduce large fiscal deficits and stabilize debt over the medium term, per an analysis by international rating agency Fitch Ratings, released on Friday (October 10).
The National Institute for Research and Development in Informatics – ICI Bucharest (hosting entity) and the National University of Science and Technology POLITEHNICA Bucharest, alongside a consortium of academic, research, and industry partners, are set to build the first AI Factory in Romania, the country’s first national Artificial Intelligence (AI) infrastructure.
Romania's economy inched 0.3% higher in unadjusted data and grew by 2.3% in seasonally adjusted data in the second quarter (Q2) of 2025 compared to the second quarter of 2024, provisional estimates (2) from the country's statistical office INS showed on Friday (October 10).
Romania's trade balance posted a deficit of EUR21.94 billion in January-August 2025, higher by 4.9% (+EUR1.024 billion) than the level recorded in the same interval of 2024, data from the country's statistical office INS showed on Friday (October 10).
Caress Society, active on the cosmetics import and wholesale market, is also entering production, building a plant in Filipestii de Targ, Prahova county.
Merlins Beverages, a company that has in its portfolio brands such as Vitamin Aqua and Pop Cola, is readying to complete by 2026 an EUR50 million investment in a new plant.
OMV Petrom, Romania’s sole oil and gas producer, in the third quarter of 2025 registered total hydrocarbon output of around 105 thousand boe per day, a leap from 102 thousand boe/day in the second quarter of the year, but below the level of Q3/2024, of 107 thousand boe/day.
Fast food chain Fryday, established by Lucian Florea from Suceava, is entering the distribution market and will be a direct importer of American Martin's buns, a well-known product in the "burger world."
Bacau-based Simba Invest, one of the largest distributors of fast-moving consumer goods in Romania, posted about RON831.9 million (EUR167.2 million) revenue in 2024, down slightly, by 0.5% in lei, compared with 2023’s RON836.6 million (EUR169.1 million), according to ZF calculations based on Finance Ministry data.
Steel plant Liberty Galati has received four bids, two of which for tolling (raw material processing) from Germany’s Steel Mont and a company in Türkiye, and two for buying assets.
Chemical fertilizer wholesaler Solarex Impex, held by entrepreneurs Maria Luciana Turna, Leonard Mugurel Stoica and Maria Stoica, ended 2024 with a turnover of RON260.8 million (EUR52.4 million), up 10.5% from RON235.9 million (EUR47.7 million) reported in 2023, in line with calculations by Ziarul Financiar (ZF) daily based on finance ministry data.
The European Investment Bank (EIB) has granted a EUR25 million loan to Patria Bank to support Romanian small and medium-sized enterprises (SMEs) and Mid-Caps, per a press statement.
The Romanian management consulting market is poised to grow by nearly 7% annually over the next decade, amid accelerated digital transformation, cost optimization pressure and a growing need for organizational efficiency, according to Horváth, a global management consulting company active in the Romanian market since 2005.
Romanian retail sales fell 4.0% month-on-month in August 2025 and, excluding the pandemic lockdown period, this is the largest monthly drop since the 2009-10 crisis, according to a survey by ING Bank.19015 items