Over 250,000 Romanians from diaspora are coming to Romania during the month of December for the winter holidays and many of them are set to undergo various dental treatments considering that prices are up to 80% more affordable than in the West, as per data from LIFE Dental Spa and VIVO Dental, dental clinic chains specialized in high-precision laser dental treatments, part of the LIFE Group medical services network.
Digi Romania S.A., as borrower, together with Digi Communications and Digi Spain Telecom S.L.U., as original guarantors, have entered into two financing agreements, the company has announced in a stock market report released on Dec.9.
Romania's Finance Ministry raised roughly RON2 billion from banks on Monday (Dec 9.), selling government paper in two auctions, at annual average yields of 6.87% and 6.68%, respectively.
The Bucharest Stock Exchange (BVB) has published on Monday (Dec. 9) the revised corporate governance code for the Romanian market, which was achieved in collaboration with the European Bank for Reconstruction and Development (EBRD).
OLX, the online classifieds platform in Romania, is expanding its offices leased in the America House building in central Bucharest by 43% up to a total of 1,663 square meters after its team has increased to 200 employees over the last seven years.
The share of households in Romania that had access to internet at home reached 88.6% of the total in 2024, up 2.9 percentage points compared to 2023, in line with data released by the country's statistics board on Monday (Dec. 9).
Romania’s National House of Public Pensions has signed a RON109.9 million contract, VAT not included, for a new integrated information system, supplied by the joint venture between AROBS Systems SRL and WING LEADING EDGE.
The local arm of US giant Oracle has taken over the local subsidiary of US company Cerner, a developer of software for the health industry, which had an office in Brasov with almost 200 employees, in the wake of an international deal.
Startup Growdash of Dubai, specializing in business intelligence solutions for restaurants, has invested EUR300,000 this year on the local market, with Romania being its gateway into Europe, where it plans to expand quickly in the coming years.
Venture capital fund Underline Ventures has $13 million left for investment in tech startups, both in Romania and on other markets, said Bogdan Iordache, managing partner.
French group Carrefour, present locally with around 450 stores under various formats, is accelerating its development in a franchise system in Romania, aiming to reach over 100 units operated by partners in the near future, from 33 today.
The European Bank for Reconstruction and Development (EBRD) intends to support the design and implementation of future renewable energy auctions in Romania, as per a Memorandum of Understanding signed by the country’s Energy Minister Sebastian Burduja and EBRD Head of Romania Victoria Zinchuk, the EBRD has announced in a press statement on Friday (Dec 6).
Romania’s finance ministry has announced on Friday (Dec 6, 2024) that it will launch this year's last edition of the TEZAUR Treasury bills (T-bills) program for the general population, on Monday (Dec 9).
Romania's Competition Council has authorized the transaction through which Poland's Qemetica intends to take over, including through the investment vehicle Qemetica US Silica LLC, USA, the activities and assets related to the production and sale of precipitated silica belonging to US PPG Industries Inc.
Romania's economy inched 0.8% both in unadjusted data and seasonally adjusted data, in the first nine months of 2024 compared to the same period of 2023, provisional data from the country's statistics board INS showed on Friday (Dec 6).
Salt Bank, the first Romanian neobank, has won the award for Best Use of Tech in Retail Banking at London Banking Tech Awards 2024, with the banking boasting a completely digital banking solution developed together with GFT and Engine by Starling partners.
BRD Groupe Societe Generale was designated "Bank of the Year in Romania" for the second consecutive year, during the ceremony organized on December 4, in London, by the British publication "The Banker", part of the "Financial Times" group.
Meat processor Vanbet based in Vaslui (eastern Romania) ended 2023 with a turnover of RON445 million (nearly EUR90 million), up 11.9% from the RON397.7 million (EUR80.6 million) level reported in 2022, Ziarul Financiar (ZF) daily has calculated based on finance ministry data.