The Sandbox, a global metaverse platform founded in France, has announced the acquisition of Romanian blockchain and Web3 company QED Builders.
Devhd, a company providing consulting and digital transformation services, had a turnover of EUR1.3 million in 2024, up 25% compared to 2023, a result aligned with the initial financial estimations, company representatives said in a statement.
tbi bank plans to launch new MREL-eligible bond issues in Romania and Greece, alongside Bulgaria, aiming to raise a total of EUR60 to EUR80 million to support its rapid business growth from a regulatory perspective.
Law firm Filip & Company has elected its new management and will be led for a 4-year term by the team of Co-Managing Partners formed by Cristina Filip and Alexandru Bîrsan.
Lion’s Head, an investment fund active in Romania and Bulgaria, has acquired a land plot of 15 hectares located in Popesti-Leordeni, in the southern part of Bucharest.
XTB group in 2024 registered EUR435.3 million, up 21.8%, and EUR199.7 million net profit, 14.3% above the 2023 level, supported by rising client numbers and expansion of investment offering.
Romanians bought medicines worth RON34 billion (EUR6.86 billion) last year, 13.8% more than in 2023, as prescription drugs in pharmacies totaled RON20.8 billion (up 14.2%) and OTC ones RON8 billion, up 6.2%, in line with a report by consultancy company Cegedim.
Advertising agency Brand Management reported an almost 40% turnover increase in 2024, to RON15 million amid a rising volume of implemented campaigns and higher budgets earmarked by brands for promotion in shopping centers.
Romanian startup Footprints AI, which has developed an AI-based retail platform, is readying for a new growth stage after having registered a sixfold revenue increase in 2024.
The slow expansion of the gas network, the strong increase in photovoltaic panel installations and demand for green alternatives are pushing up demand for house heat pumps.
January 2025 brought soaring prices on the Bucharest market of old three-room apartments after a year and a half of increases. After the 8.6% annual advance of December, in January the market saw asking prices rise by 9.5%.