Telekom Romania Mobile (TKRM), the fourth mobile telephony operator in Romania, posted EUR77.5 million revenue in the fourth quarter of 2023, up 6.2% year-on-year, mainly reflecting the sharp increase in other revenue due to revenue recognition of ICT projects in the quarter, the operator’s owner, Greece’s OTE, said in financial results report.
DRUID AI, the tech startup founded by entrepreneur Liviu Dragan in 2018, in 2023 registered annual recurrent revenues worth $13 million.
Deals with commercial real estate assets worth above EUR600 million are currently under advanced negotiations, so that the volume traded in 2023 is likely to be matched in the first half of the current year, in line with data released by real estate consultancy Cushman & Wakefield Echinox.