Romanian PM Florin Citu and his predecessor Ludovic Orban are vying to lead the senior ruling PNL.
The big international game developers are stepping up their operations in Romania where they sit alongside local indie firms that have already scored some solid successes.
Fundraising for European expansion includes €1.1mn raised through Seedblink's own platform.
The stock of bank loans in Romania increased by 8.3% y/y at the end of April to reach RON293.6bn.
Romania’s general government budget deficit dropped to 1.8% of GDP in 4M21, down from over 2.5% in the same period last year.
By not pushing its key rate close to zero, the National Bank of Romania (NBR) has now just a bit more time to act than its regional peers. While risks for rate hikes in 2021 have increased, we still believe the NBR will try to delay such measures.
Safetech Innovations has benefitted from the need to ensure security during the shift to work from home.
Barcelona-based delivery company interested in the emerging Europe region where people have embraced on-demand delivery platforms.
SeedBlink has become a crucial part of the early stage funding system in Romania, having participated in 45% of the pre-seed and seed financing rounds of Romanian startups in 2020.
The EU’s journey to net zero threatens a carbon price war with its trading partners
The Bucharest Stock Exchange’s main index BET has soared past its peak before the last crisis, while there has been intense activity on AeRO, the dedicated market for smaller companies.
IT&C services market grew by 23.4% y/y in 2020 amid shift to remote working and online services during the pandemic.
Agroserv Mariuta to list on the Bucharest Stock Exchange while Artesana takes out loan from CEC Bank as Romanians switch to local producers.
World needs immediate and massive deployment of green tech to fight climate change, warns IEA in its latest report.
Romania's GDP narrowly missed a full return to the level posted in the same period last year.
Bucharest-listed Purcari bought a 10% stake in 8Wines.com, a fast-growing online retailer of wines.
Headline consumer price inflation in Romania rose to 3.24% y/y in April, the steepest level since January 2020.
However, the growth in net wages in Romania has slowed down visibly from the high annual rates seen in the past.
Penny outlines expansion plans for the rest of the decade after hiking both profit and turnover during 2020.