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GSK sold Ferrosan Cluj-Napoca plant to Hexagon Retail Properties, a group involved in real estate and retail projects in Romania.The construction of the factory was completed in 2015. The...

Last year, Revolut customers in Romania spent the most on shopping, around 20% of the total volume of transactions.Groceries and supermarkets (15%), entertainment (14.7%), followed.The largest budget increases were...

XVision, a medical platform based on artificial intelligence algorithms, gets 1 million euros in a round of seed funding.This is the second round of financing obtained by XVision. The platform...

DRUID AI’s new office is located on the building’s 6th floor of Opera Center and measures approximately 600 square meters.Opera Center I comprises around 11,900 sq m of modern...

Vegis.ro, an online store with natural and organic products, had over 320,000 customers, 680,000 orders and sold 5 million products in 10 years.The average order has increased since 2012...

The volume of transactions with land dedicated exclusively for residential and commercial projects (office, retail, hotel) saw last year its highest value since 2007.Bucharest still attracted the lion’s share...

Speedwell has signed a top up financing agreement with Garanti BBVA with the purpose to finance the second building of The Ivy project for a total loan amount of...

Paval Holding, the owner of the largest local DIY retailer, Dedeman, bought Dacia One office project, developed by ATENOR, in a EUR 50 million deal.It is the third office...

Publicis Groupe announced the acquisition of Tremend, a Romanian independent software engineering company.Based in Bucharest, Romania, Tremend was founded in 2005 by Ioan Cocan and Marius Hanganu, and...

Six out of ten (60%) Romanian Millennials and earliest members of Gen Z prefer a working arrangement that allows them to work from various locations.This trend is also seen...

OTP Bank Romania announces it´s second share capital increase this year, this time with more than 200 million lei.Thus, General Shareholders Meeting held on December 15, 2021, approved the...

Fairo, the financial app for freelancers, is now also available, for free, for sole owner SRLs with up to one employee.Fairo customers can create professional invoices in 60 seconds,...

Lactag wants to reach a processing capacity of 4.5 million liters of milk per month during 2022, three times more than at present.The company will invest in a new...

Farmec consumers made purchases worth 2.1 million lei during Black Friday campaign, 71% of which were registered online.In total, Farmec sold 74,000 products during the campaign period, both online...

Real estate developer Speedwell signed a Promissory Sales Purchase Agreement for a 9-hectare land plot in Bucharest.The company plans to use it for a major mixed-use ensemble, combining leisure,...

Akcent Development launched a new residential project in Bucharest, Akcent City, with 810 apartments, an investment of approximately 75 million euros.The project will be developed in the Bucureștii Noi...