Category: News

Groupama, one of the largest insurance companies in Romania, is investing €1 million in the construction of a new surgical block dedicated to emergency procedures and endoscopy at the Marie Curie Children’s Emergency Hospital in Bucharest. The amount is allocated through the redirection of corporate tax to the Inima Copiilor Association, which is coordinating the […]

Romanian drone manufacturer BraveX Aero has entered a strategic partnership with Germany-based Uniq Things UG to develop and operationalize a new concept: “Swarm-as-a-Service”. The collaboration enables coordinated multi-drone missions for surveillance, border protection, and emergency response. Under the agreement, BraveX provides its fixed-wing drone platforms, while Uniq Things integrates its swarm coordination technology. This system […]

Accor reported revenues of €1.369 billion in the third quarter of 2025, representing a 3.1% increase at constant exchange rates compared to the same period in 2024. Following this performance, the French hospitality group raised its recurring EBITDA forecast to a range between 11% and 12%. This result comes despite a decline of 1.1% at […]

Starting December 1, 2025, Mercedes-Benz Romania will welcome a new CEO: Kai-Uwe Trillenberg, currently Vice President of Marketing & Sales at Mercedes-Benz Thailand. He will succeed Natalie Thompson, who leaves the company after a tenure marked by strong growth and a reinforced market position. Trillenberg will arrive in Romania in November to ensure a smooth […]

In the first half of 2025, Teilor Holding reported consolidated revenues of RON 297.4 million, up 37% compared to H1 2024. EBITDA rose by 70% to RON 46.8 million, while normalized net profit jumped by 620% to RON 23.3 million. The TEILOR luxury jewelry chain generated RON 157.2 million in revenue, a 24% increase. Normalized […]

OMV Petrom has completed the acquisition of a 50% stake in the Gabare photovoltaic project in Bulgaria, which has an estimated capacity of 400 MW. Announced in June 2025, the transaction marks a strategic step in the company’s regional expansion and reinforces its renewable energy portfolio. Located in the Byala Slatina region, Gabare is expected […]

Investment fund Resource Partners has acquired 82.5% of ticketing platform iaBilet and 55% of BestMusic Concerts, a promoter with over 3,000 events, marking a strategic entry into Romania’s growing digital entertainment sector. The transaction highlights the fund’s interest in live events and ticketing services. The investment supports the next phase of development for iaBilet, which […]

In 2024, Romania’s video game development industry recorded a turnover of EUR 343.16 million, marking an 8% increase compared to 2023, according to a report by RGDA and Banca Transilvania. This growth reflects the sector’s stability and resilience in a complex global environment. Romania is home to 206 active studios, with most based in Bucharest […]

German DIY retailer HORNBACH will open its second store in Timișoara on October 1, 2025, following a total investment of over EUR 44 million. Located at 152 Calea Buziașului, the new location is part of the company’s expansion strategy in Romania. The store covers over 19,000 square meters, split into three key areas: 8,200 m² […]

Zity Office has become the first business center in the Republic of Moldova to obtain the LEED v4.1 Existing Buildings – Platinum level certification, marking a major milestone for the local office market. The certification was achieved with the support of sustainability consultancy BuildGreen, while the project was developed by Zorile S.A. With a total […]