Romania’s e-commerce market reached some EUR 7 billion locally plus some EUR 2.5 billion cross-border, according to Tudor Manea, the CEO of the country’s largest online retailer, eMAG, quoted by Ziarul Financiar.
The growth outlook remains strong, and eMAG expects a high double-digit...
Eviden, the Atos Group business leading in digital, cloud, big data, and security, announced the launch of a new cybersecurity technology and applications lab in collaboration with the West University of Timișoara (UVT), western Romania. The opening comes a year after the launch of the university’s master’s degree in cybersecurity, taught exclusively in English. The […]
Romanian prime minister Marcel Ciolacu, the presidential candidate of the Social Democratic Party (PSD), said he had a "very good phone conversation" with US president-elect Donald Trump on Tuesday, November 19. During the call, the Romanian official congratulated Trump on his election victory and reaffirmed Romania's commitment to strengthening their Strategic Partnership. In his turn, […]
Analysts of the Concorde Securities brokerage house, based in Budapest, reiterate their buy recommendation and maintain the target price of RON 84 (versus RON 66.4 current market price) for the shares of the telecommunications operator Digi Communications (BVB: DIGI). The potential return thus amounts to 26.5%. "Key performance indicators are largely in line with our […]
The Terveystalo Group, the largest private healthcare operator in Finland, is reportedly in talks to take over Romanian peer Regina Maria in a deal estimated at EUR 1.0-1.2 billion from the investment fund Mid Europa Partners, according to Ziarul Financiar. The exit process envisaged by Mid Europa Partners...
CEC Bank, the largest state-owned bank in Romania, announced on November 19 at the Bucharest Exchange (BVB) that it prepared a prospectus to update the existing medium-term bond program (MTN Programme), approved by the Luxembourg financial sector supervisor (CSSF), in the sense of increasing its planned size from the equivalent of EUR 600 million to […]
Grants in total amount of RON 350 million (EUR 70 million) were given to two Romanian entrepreneurs under the Investalim scheme aimed at the food industry for developing two sunflower refining plants in Agigea (Constanta County) and Tantareni (Gorj County) under two projects with a total value of RON 650 million. The investments come after […]
