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DSV Road: 2023, the best year for import and export in agriculture in Romania. Demand for the transport of fertilizers and agricultural machinery increased by 30%

November 6, 2023

DSV Road: 2023, the best year for import and export in agriculture in Romania. Demand for the transport of fertilizers and agricultural machinery increased by 30%   The import of bio-fertilizers also increased against this year’s acute drought. 2023 saw intense import and export activity for agricultural firms, with a......

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Project: Romania to allow 16 to 18-year-olds to create and manage new type of company

Young people aged between 16 and 18 in Romania will be able to establish and manage a new type of limited liability company (S.R.L.), which will be called a "firmă de exercițiu" (practice firm) and will have the abbreviation "S.R.L.-F.E.", according to a new project.  A young person will be able to establish or acquire […]

Skanska sells office building in Bucharest to fund managed by Hungary's Gránit Asset Management in EUR 52 million deal

Developer Skanska has signed an agreement to sell the first phase of the Bucharest office complex Equilibrium to Gordiusz Private Equity Fund, managed by Gránit Asset Management. The transaction value amounts to EUR 52 million. The Equilibrium office complex consists of two buildings in the business district Floreasca – Barbu Vacarescu. The first phase, which […]

Asmik Grigorian, Sonya Yoncheva, Kristine Opolais among artists set to perform at this year's Enescu Festival

This year's edition of the George Enescu International Festival, the largest classical music event in the country, will feature performances from some of the top sopranos and mezzo-sopranos of the moment. Among them are Asmik Grigorian, Sonya Yoncheva, Kristine Opolais, Magdalena Kožená, Julia Lezhneva, Sarah Aristidou, Jennifer Holloway, Aylin Perez, Elsa Dreisig, Rachel Willis-Sørensen, Ruxandra […]

Romanian asset management company to launch new energy-financial ETF

Globinvest, an asset management company from Cluj-Napoca, is set to launch an exchange-traded fund, or ETF, grouping together companies in the energy sector and several financial companies.  Globinvest, a company with 30 years of experience on the Romanian capital market, will list the new entity on April 28 under the symbol GIBEFETF. Ilie Cenan, Chairman […]

AI-powered data security company founded by Romanians reaches USD 1 billion valuation

Cyberhaven, an AI-powered data security provider founded by three Romanians and two Ukrainian citizens, recently announced that it has attracted a USD 100 million Series D funding led by StepStone Group along with new investors Schroders and Industry Ventures, to further accelerate its rapid growth. The funding pushes the valuation of the company to USD […]

Presidential campaign officially kicks off in Romania, will end on May 3

The electoral campaign for the presidential elections began on Friday, April 4, at midnight, with most of the candidates posting on social media within the first minutes.  Far-right candidate George Simion, credited with the first shot at winning the first round according to the latest surveys, began the election campaign alongside his wife and supporters, […]