Dedeman, the largest entrepreneurial business in Romania, is launching an IT project, DedeTech, designed to develop and upgrade the digital infrastructure of the business, in order to streamline the logistics and e-commerce processes of the 62 DIY stores of the retailer.
Fashion and cosmetics are some of the most competitive markets in Romania, with more than 100 foreign and local brands vying over the several billion euros Romanian consumers spend on apparel, footwear and cosmetics each year.
Private lending in Romania posted a similar evolution with the June one, with an annual 6.8% increase (1.3% in real terms) to a total amount of RON403.9 billion, in line with central bank data.
Affidea Romania, the largest player on the local medical imaging market, operated EUR8 million investments in the first half of 2024.
Revolut has gone beyond the 4 million retail client threshold in Romania, its top market in the EU by the number of active users, and the second largest, after the UK, globally.
Romania will have 9 companies included in the FTSE Global All Cap indices starting September after the shares of Transport Trade Services (TTS) are included in the Small Cap category, in line with an announcement made public by global index provider FTSE Russell and quoted by the Bucharest Stock Exchange.
Several investment funds, including Morphosis Capital, ACP, Booster and Integral Venture, aim to join the shareholding structure of 5 to go, Romania’s largest coffee shop chain, with over 600 units, according to market sources.