Redbee Software, DRUID and Questo are the Romanian technology companies included in the main category of the Deloitte 2023 Central Europe Technology Fast 50 ranking of the fastest growing start-ups in the region. Redbee Software, specialized in web and mobile software solutions leveraging cutting-edge technologies, developed an intuitive stock market prediction app aiming to sharpen investment strategies […]
New York’s Fifth Avenue has maintained its position as the world’s most expensive retail street, with Milan’s Via Montenapoleone climbing to second in the global rankings, according to Cushman & Wakefield’s latest ‘Main Streets Across the World’ report. The 33rd edition of the report reveals retail rents on Via Montenapoleone grew 20% over the […]
Romania had for the first time a national pavilion at Web Summit, with 28 companies exhibiting their products and services at the most important tech event in Europe, with over 70,000 attendees from 153 countries. The event brought together 806 speakers, 2,608 startups, 906 investors, and 2,120 members of the media. This year Romania […]
Loredana and Simion Apreutese, shareholders of the group of companies within the International Alexander Holding, join the Romanian mobility platform Moov Leasing, acquiring 25% of the company's shares. As a result, Moov Leasing has reached now a valuation of €10 million and has ambitious development plans. Moov Leasing is a 100% digital, all-in-one mobility platform founded […]
Deloitte Romania assisted the National Agency for Fiscal Administration (ANAF) in implementing the project "Increasing the efficiency of the fiscal control activity in Romania", carried out with the support of the European Commission – Directorate-General for Structural Reform Support (DG REFORM), during June 2022 and November 2023. The project, which is part of the digitalization process of the […]
The INVL Renewable Energy Fund I, which is managed by INVL Asset Management and invests in renewable energy projects, signed an agreement with Kommunalkredit Austria AG (Kommunalkredit) on a loan of EUR 25 million. The proceeds of the loan will be used to finance the construction of solar power plants with 51 megawatts (MW) capacity in […]
Jimmy Key company from Turkey, with over 30 years of experience in womenswear, will open in 8th of December the second store in Romania within the AFI Cotroceni in Bucharest, developed by AFI Europe. Jimmy Key has leased a space in the project through a transaction brokered by the real estate consultancy company Cushman & Wakefield […]
Globalworth, the leading office investor in Central and Eastern Europe (CEE), signed a lease agreement for Globalworth Plaza with LSD Group, a multinational general contracting and fit-out company based in Bucharest that is emerging as a preferred business partner across 9 countries in the region. In line with their development strategy, a long-term leasing transaction […]
Restart Energy, a leading company in energy transition services, has completed the construction and installation of two photovoltaic power generation systems for Moldova Farming SRL, with a total investment of approximately 300.000 euros. The projects have a combined capacity of 403.2 kWp and were installed on two buildings belonging to the beneficiary, located in […]
During the 3 days of discounts, the 4Apply app saw record flows of over 500 customers per hour, with peaks of around 30 customers per minute. Based on the data recorded by the app, requests to buy products in installments increased by 500% compared to the previous Black Friday, with the maximum peak recorded on […]
San Francisco (California), Bucharest (Romania), November 16th: Siena, a US-based start-up launched by Romanian founders that developed an autonomous AI customer service platform designed for e-commerce, raised $4.7M from a group of investors, including Sierra Ventures, Parri Passu Ventures, SpaceStation Investments, Village Global, The Council, and OpenSky Ventures. This investment will support Siena's vision to […]
For the holidays, Telekom Romania Mobile has prepared for all customers super offers and gifts for the whole family, in a promotional campaign specially created for this period, when all that matters is being together for real. Thus, the company makes it known to all Romanians that they can benefit of "MOBILE PURE AND SIMPLE", […]
Mazars, the leading international audit, tax, and advisory firm and FORVIS, the eighth largest public accounting firm in the United States, today jointly announce they will create a new, top-10 global network[1], effective 1 June 2024. The new network will position both firms for continued global growth by expanding their capabilities to serve clients, especially […]
Industrial and logistics projects accounting for more than half a million sq. m are currently under construction and due to be delivered by the end of 2024, 60% of which being already pre-leased. The limited pipeline of speculative projects could put pressure on rental levels in the coming period due to the fact that, even […]
Biofarm (stock symbol BIO), one of Romania's leading drug manufacturers, recorded a net profit of 69.9 million lei in the first nine months of the year, up 6% compared to the same period last year. Turnover increased by 10% to 229 million lei, compared to 209 million lei in 2022. EBITDA reached 81.6 million lei. […]
