The six entrepreneurial companies part of Morphosis Capital Fund I portfolio in 2023 ended the year with overall turnover worth EUR100 million, up 49% from 2022.
SoftOne Romania, the local subsidiary of Greek software solutions provider of the same name, wants to reach a team of over 50 employees in the two offices it owns in Romania, in Bucharest and Brasov, and seeks to hire 12 specialists.
Wallberg, the real estate developer controlled by entrepreneur Valentin Morar, has started construction of the fourth housing building part of XCity Towers, the 1,000-apartment compound located in northern Timisoara.
New loans granted by banks in Romania to households and companies amounted to RON140 billion in 2023, which translates into an increase of 10.4% compared to the volume of new loans accessed in 2022, in line with data centralized by the platform Dreptul La Banking (the Right to Banking) created by the Romanian Banking Association (ARB).
SIF Imobiliare, held by Lion Capital, said in a stock market report that it sold its entire ownership stake in SIFI BH Retail Oradea, a company that leases out real estate assets, for a total amount of EUR9.5 million and RON474,900.
The clients of Investimental, the newest broker on the Romanian capital market, have opted for diversified investments over the last seven months, showing a strong preference for a mix of high-growth US tech stocks and stable, high-yield Romanian companies and government bonds.
Grupul Medisprof, which holds in Cluj Napoca the largest private oncology hospital in western Romania, has inaugurated a similar medical facility in Piatra Neamt (northeastern Romania), within a project funded by ING Bank.
More than 40 teams from Romania, Bulgaria, the Republic of Moldova, Ukraine, Serbia and Hungary have signed up for Startup Reaktor, an internationalization program through which they have access to pre-seed investments and the opportunity to expand into Western Europe and Scandinavia, the representatives of the program said in a statement.