IT and digital marketing services provider Zitec, in which giant online retailer eMAG owns a 25% stake, ended 2023 with a consolidated turnover of EUR30 million, up nearly 15% versus 2022, according to company representatives.
Morphosis Capital Fund II, a growth capital fund, together with Vybros Capital Partners, a Belgian family funded permanent capital fund, as a co-investor, announces the signing of the agreement to acquire the majority stake in Mark Twain International School (IS), the first private education institution in Romania with a dual curriculum.
The large majority of employees (95%) see value in working with generative Artificial Intelligence (AI), while approximately 60% are also concerned about job loss, stress and burnout, according to a survey carried out by Accenture.
Flanco, the second largest actor in Romanian computer and electronics retail, achieved record sales of RON1.275 billion last year, 20% higher than in 2022.
On Tuesday, January 30, a special transaction (DEALS) with shares of green power producer Hidroelectrica (H2O.RO) worth RON92.8 million was registered in the Bucharest Stock Exchange system, according to stock market data.
Skatepark and playground builder Sport Play Systems in Turda, Cluj County, held by local entrepreneurs Adrian Silagyi and Mihai Balas, ended 2023 with RON30.3 million (EUR6.1 million) revenue.
State-run national grid company Transelectrica (TEL.RO) estimates total revenue to reach RON5.3 billion in 2024, compared with a preliminary figure of RON4.7 billion in 2023, a potential increase of 14.2% year-on-year, its spending and revenue budget shows, which will be discussed in the general meetings of shareholders in February.