Artificial Intelligence (AI) tools like ChatGPT or Gemini are regularly used by 34.9% of employees of companies in Romania in their office tasks to reduce workload or get results faster, as per the latest survey by eJobs, the largest online recruitment platforms in Romania.
Romania's Competition Council is assessing a transaction through which Premier Renewable Invest Co S.R.L. intends to take over Eolica Dobrogea One S.A
Investment in production machinery and military equipment in Romania surged by 80% in 2023 compared to the pre-pandemic period, well above the EU average of 30%, totaling EUR30 billion, or nearly 9% of the GDP, as per Eurostat data analyzed by Colliers.
Romanian companies that intend to list on the Bucharest Stock Exchange, on the Main or AeRO markets, can access, from June 7, 2024, non-refundable funds that cover the costs related to running a public offer or a private placement and, subsequently, the admission to trading.
The Dulcinella brand, originating in the Republic of Moldova and present in Romania since 2019, has paid EUR800,000 for a 19,000-sqm land plot in Bucharest, where it wants to relocate cake production from Piatra Neamt.
DIY store chain Leroy Merlin, the second largest player on this market in Romania, with a 21-unit network nationwide, has leased 9,000 square meters in Pitesti Shopping Park, developed by Square 7 Properties, and will open its first store in the locality this autumn.
Romania’s Competition Council is carrying out an investigation on the IT&C equipment market, targeting several companies in the field with regard to tenders organized during the 2019-2024 period for purchases related to some IT infrastructure projects, in line with data two of the targeted firms provided at the BVB.
The Bucharest technology and operations center of London Stock Exchange Group (LSEG) posted strong expansion in 2023, with turnover, net profit and number of employees soaring.
The local TV set market in 2023 remained relatively steady both by sales volume, of around 1.3 million units, and sales value, which neared EUR400 million, in line with data provided by the local representatives of South-Korean giant Samsung, one of the world’s biggest TV set manufacturers.
Horse Romania, the local unit of HORSE Powertrain Limited, has started manufacturing the HR12 1.2-litre gasoline engine for the new Duster III.
Aluminum aircraft parts maker Universal Alloy Corp, a member of the Montana Group of Austrian entrepreneur Michael Tojner, ended last year with RON1.2 billion revenue, up 38% from the previous year, public data from the Finance Ministry show.