Romania's Finance Ministry raised RON1.4 billion from banks on Thursday (April 3), selling government paper in two auctions, at annual average yields of 6.36% and 7.22%, respectively.
Cyberhaven, an AI-powered data security startup established by three Romanians – Radu Banabic, Cristian Zamfir and George Candrea and two Ukrainians – Volodymyr Kuznetsov and Vitaly Chipounov, has announced it got $100 million in a Series D round of funding led by StepStone Group, together with new investors Schroders and Industry Ventures.
Romania is currently undergoing an accelerated transformation of the e-commerce market, generating an ever-growing demand for industrial & logistics spaces, according to the "Quo Vadis E-commerce" report released by Cushman & Wakefield.
Speedwell Development, one of the most dynamic real estate developers on the local market, has appointed Yannick Van de Parre as Country Manager for Romania.
Cemacon, Romania’s brick market leader, is taking its products to Hungary as part of its regional development plan.
Leroy Merlin Romania is set to resume local expansion in 2025 and is readying three new stores, in parallel with further expansion on the ecommerce segment.