Minister of energy Sebastian Burduja said that the sale of the energy supply company E.ON Romania to Hungarian state-owned company MVM will be subject to a strict analysis and highlighted that the deal should not necessarily be approved.
Significant concerns were prompted by the high price paid by MVM, reportedly around EUR 200 million compared to several tens of millions of euros resulting from the validation based on EBITDA multipliers.
Romanian state-controlled...
In 2024, investors on Romania’s stock exchange showed a marked preference for low-risk assets such as bank deposits and government bonds driven by a more predictable evolution of inflation, according to a new study on investor behavior. The preference change is part of the findings of the 2024 edition of the Market Pulse study, put […]
Limitless Agency, one of Romania’s leading digital marketing agencies, has secured three awards for successfully implemented advertising strategies at this year’s Google Search Excellence Awards. The event celebrates excellence in PPC advertising and brings together top industry professionals, highlighting innovation and the significant impact of advanced tools in paid promotion. "The Google Search Excellence Awards […]
Jay-Jay Johanson, a Swedish artist known for his melancholic and minimalist vocal style, is returning to Romania for a concert in Bucharest on Wednesday, March 5, at Expirat – Halele Carol. Johanson, born in Trollhättan on October 11, 1968, began composing music during his teenage years. In 1996, he released his debut album, Whiskey. The […]
During a meeting on Tuesday, December 17, Romania's National Audiovisual Council (CNA) decided to remove materials promoting totalitarian regimes found on YouTube and Facebook, but also TikTok, including posts containing antisemitic content and Legionary symbols. The posts in question include videos promoting totalitarian regimes, antisemitic content, and images of legionary leader Corneliu Zelea Codreanu, General […]
The outlook for Romania's real estate market in 2025 is marked by optimism, as 64% of investors surveyed expect an increase in portfolio values over the next year, while only 6% anticipate a decline, according to Cushman & Wakefield Echinox's third annual "Real Estate Investors Sentiment Barometer." The survey included top management from local, regional, […]
Private equity fund SARMIS Capital, focused on Romania and the CEE region, announced the acquisition of Total Technologies, one of the most prominent Honeywell technology integrators for industrial automation in Central and Eastern Europe. The acquisition is carried out through Smart ID Technology, a SARMIS Capital portfolio company. It is meant to consolidate its ability […]
