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Greek group Eurobank has sealed an agreement to sell IMO Property Investments Bucharest, securing the strategic supervision and sale of its Romania real estate assets, to APS Group, an asset manager of CEE.
Oves Enterprise, a software producer of Cluj-Napoca, has earmarked EUR3 million for investments in 2025, to improve the Nemesis AI platform and create commercial AI solutions for flight security and wildfire prevention.
BRD Asset Management managed a significant leap in the ranking of Romania’s largest investment managers by assets and reached the top position at the end of 2024, from fourth at the end of 2023, as its assets increased by around RON2.3 billion. Its market share expanded by 3.7%.
Sporting goods retailer Decathlon, which arrived in Romania in 2009, will resume expansion in the country and open new stores in 2025 and 2026, after having focused on remodeling some of the already existing ones. The remodeling will continue, as well.
Developer Iulius is betting on the expansion of the Palas Iasi and on the start of its project in Constanta.
Kastamonu Romania (the former Prolemn), controlled by Türkiye’s Kastamonu Entegre, anticipates a slight increase in its 2025 turnover, in an optimistic scenario, versus 2024 when it targeted a turnover of EUR160 million.
Nedim Baytorun, currently Consumer Business Unit Director and Executive Board member, will take over as CEO of Vodafone Romania and Achilleas Kanaris, currently CEO of Vodafone Romania, will take over the leadership of Vodafone Greece, starting April 1, 2025, the company has announced on Jan. 27, 2025.
A total 1,281 transactions were sealed in Emerging Europe, in 2024, a year marked by many economic, social and geopolitical problems, 8% more than in 2023, as per the CMS Emerging Europe M&A 2024/25 report, published on Jan. 27, 2025 in cooperation with EMIS.
Romania's Competition Council has launched an investigation into the possible violation of competition law by the Romanian College of Dentists.
Romania's Finance Ministry raised RON400 million from banks on Monday (Jan.27), selling government paper due in 2035 at annual average yields of 7.83%.
Law firm PeliPartners has assisted Argo Capital Property group in the sale transaction of shopping mall Shopping City Suceava to UK-based group M Core.
Private lending in Romania went up 8.9% to RON421.4 billion in December 2024 compared with December 2023 after the local currency lending rose by 11.5% and foreign currency lending advanced by 3.3%, central bank data showed on Monday (Jan. 27, 2025).
International rating agency Standard & Poor’s (S&P) has revised Romania's outlook to 'negative' from 'stable' while affirming the country's long- and short-term foreign and local currency sovereign credit ratings at 'BBB-/A-3'.
Norofert, the main producer of organic inputs for agriculture and supplier of biotechnology for the Romanian agriculture, has listed a new bond issue, worth RON7 million, on the Multilateral Trading System of the Bucharest Stock Exchange (BVB), on Monday (Jan. 27, 2025)
In an era defined by unprecedented disruption and evolving public expectations, the foremost challenge for government and public sector leaders is to navigate the rapidly changing risk landscape without compromising public service delivery or fiscal responsibility.
Online retailer evoMAG registered EUR50 million sales in 2024 and plans investments of EUR500,000 for the current year.
iBanFirst, a leading global provider of foreign exchange and international payments for businesses, present in 10 European countries, boasted solid results in Romania in 2024, amid rising interest in digital solutions among import-export companies.
Romania corporate leaders are cautiously upbeat about the evolution of the national economy in 2025, with half of them believing the local economy will register growth this year and the other half considering it will remain flat or even contract, in line with the 28th annual edition of PwC Global CEO Survey 2025 launched at the World Economic Forum in Davos.
Around 133,000 Romanians started in 2024 saving for retirement via voluntary private pensions (Pillar III), 40% more than in 2023 and an all-time high in terms of the number of new clients attracted in the system in a single year, in line with data provided by the Romanian association for private pensions APAPR.
DB Schenker, a global supplier of transport and logistics services, has signed an agreement with Olympian Parks to contract 5,000 square meters in logistic park Olympian Parks Cluj, in one of the first deals with industrial spaces of 2025.18957 items