Morphosis Capital has raised more than EUR100 million for its second investment fund. The money came from NRRP, from EBRD and from a special purpose vehicle of eMAG’s Iulian Stanciu. The latest name to join this round is IFC, which contributed EUR15 million.
The mix of administrative spending cuts and tax hikes starts with tax hikes. As of August 1, the standard VAT goes up from 19% to 21%, the food VAT from 9% to 11% and the power VAT from 5% to 11%, Romania’s Prime Minister Ilie Bolojan said on Wednesday.
Digital Keez SRL, the accounting tech startup held by Norway’s IT giant Visma, has announced that Stelian Trandafir has taken over as the company's new Chief Executive Officer (CEO), starting July 1, 2025.