rentnbuy.com, a Romanian proptech platform that directly connects tenants and landlords is launching officially in Romania, its representatives said in a statement.
Romania's Finance Ministry raised RON400 million from banks on Monday (August 25), selling bonds due in 2032, at an annual average yield of 7.44%.
SafeTech Innovations, a Romanian cybersecurity company with offices in Bucharest, London, Abhu Dhabi and Ryad, reported RON26.7 million revenues at individual level for H1/2025, down 12% from the year-earlier period, a RON18.5 million turnover, down 19%, and a RON6 million net profit, 2% lower against the first six months of 2024.
Romania finance ministry has in the past two months contracted loans worth above EUR2 billion from national and international financial institutions, via a series of private placements.
German retailer Lidl invested EUR160 million in Romania last year, namely 2.8% of total foreign investments, with the company’s direct contribution to the state budget amounting to EUR765 million, in line with the company’s data, shows a KPMG analysis.