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The deadlock in the Romanian IT market, characterized by layoffs, project suspensions, and the current political-economic context could end this year, OVES Enterprise, a Romanian software development company and drone manufacturer, said in a press statement on April 25, 2024.

iBanFirst analysts expect a slight depreciation trend for the Romanian leu (RON) versus the euro and dollar in the first quarter of 2024, amid weak growth of the Romanian economy.

De 21 de ani, Romanian PR Award, cea mai importantă competiție națională recunoaște excelența în domeniul Relațiilor Publice de la noi. Iată care sunt creativii și inovatorii de top din anul 2023

The war in Ukraine has changed the dynamics of the Romanian IT industry – from a high demand for programmers and projects that required fast delivery, to a sudden drop in demand, triggering a reset of the market at all levels.

A group of Romanian and English investors is set to invest EUR50,000 via BA platform Growceanu in T-DAB.AI, a Deep Tech British company, in a EUR600,000 round.

After 16 seasons, Liga 1, the Romanian top football league, changes its name. Today, at the draw for the 2022-2023 season, it was announced that the name of the first tier of Romanian football will be changed to Superliga following a partnership signed by LPF with Superbet, which will become the official sponsor of the […]

This year Dentons celebrates a quarter century of delivering legal advice to its clients in Romania and the region. Perry V. Zizzi, Managing Partner of Dentons Romania, sat down with BR to discuss how the practice of law has changed and the long-term outlook on the Romanian market. By Anda Sebesi   Dentons has been […]

Nestlé launches on the Romanian market NESVITA® brand, a snack of oats with fiber, vitamins and minerals. According to a study conducted by Nestlé in December 2021, for 72% of romanians in urban areas, the ingredients are the most important in the decision to purchase a food product.   That is why the new recipe […]

The speech-to-text technology developed by Romanian startup Vatis Tech for Romanian language exceeds by far the accuracy offered by tech giant applications when transcribing audio-video files.   Completed in only 9 months after the first investment into the start-up, Vatis Tech platform reaches an accuracy of 97% at voice-to-text conversion. Thus, tens of thousands of files […]

Revolut, the financial super-app with more than 18 million customers globally and over 1.7 million in Romania, and Bringo, the e-grocery app specialized in personal shopper and fast delivery services, today announced a new partnership to offer new benefits to their Romanian customers.   Starting from June 2022, Revolut users in the Romanian market will […]

Romanian deep-tech startup Humans.ai and its SaaS synthetic video production platform Tovid.ai are partnering with Booming Jobs, the fastest growing career platform in the Netherlands which will use Humans.ai’s artificial intelligence and innovative synthetic media technology within the recruiting process.   “We are excited to announce Tovid.ai’s partnership with Booming Jobs, as we continue to […]

ROCA Industry, ROCA Investments holding from the building materials sector, signed the contract for an integral (100%) takeover of Dial, a company having over 20 years’ experience in manufacturing wire products, such as fence panels.   By this transaction, which is now being assessed for authorization by the Competition Council, the succession of the Romanian […]

VMLY&R took over Fractal Communications, Romanian local agency part of WPP, and joins VMLY&R Commerce to offer brands a connected experience. By Romanita Oprea   Taking over the local agency by VMLY&R is part of the global strategy to simplify and integrate capabilities and services offered to the partners. At global level, VMLY&R has over […]

Recently entered on the Romanian fast-casual market, Submarine Burger announces business plans for 2022. The first point of selling in Romania was opened on the principle of dark kitchens, having the products available only through Glovo, for a pilot period.   The Croatian chain of burgers, currently present in Zagreb, Rijeka, Split and Zadar, already […]

An analysis of the digital marketing industry conducted by the Romanian company ProductLead for 2021 shows that the segment of content creators is constantly growing in the Romanian market. ProductLead is the first Romanian company to enter the influencer marketing industry with an innovative SaaS (software as a service) platform; as a result, brands can […]

CIECH Group expands its agro-business sector in Romania and establishes CIECH Agro Romania. Located in Bucharest, the new company will support the Romanian agro-business customers starting March 2022. Investments for local business set up 6.5 million euro, for the next 3 years.    The team which will ensure support for the CIECH Agro Romania unit […]

PayU, the leading fintech and online payments provider across high-growth emerging markets, has today announced that a new innovative credit solution developed by PayU is now available to Romanian shoppers. Bucharest-based online retailer eMAG is the first partner to offer its customers the possibility to either postpone a payment or to pay in four instalments for all […]

As 2022 starts out with big plans for Romanian companies and investors, there’s more excitement around early-stage ventures and rapidly-growing firms than ever before. The triumph of a good team relies on many factors, including founder types, business models, capital, and products. BR has compiled a list of some promising companies in various verticals by […]

Agroland Agribusiness (BVB: AAB), a Romanian entrepreneurial company, part of the Agroland group, specialized in the sale of inputs for conventional and organic agriculture, targets net sales of RON 47.9 million, EBITDA of RON 4.2 million and a net profit of RON 3.3 million in 2022. The company aims to become the leading supplier for […]

M&A activity in Romania rebounded strongly in 2021 vs 2020 both in terms of deal value and deal count. Total M&A for the year amounted to $6.2 billion (€ 5.2 billion) up 32% year-over-year across 178 transactions, underscoring the strength of investor confidence in the Romanian business climate and its recovery post-Covid, especially in the […]