The French service for vigilance and protection against foreign digital interference VIGINUM published a study on February 4 on how the TikTok algorithm was manipulated in the Romanian presidential campaign in favor of Călin Georgescu, Hotnews.ro...
​Nokia's factory in Jucu, Romania closes in 2011, Nokia confirmed in a press release on Thursday. The information was first circulated by HotNews.ro and local news outlets in Cluj, quoting sources within the company. The Nokia press release says the closure in Jucu, Cluj county will affect some 2,200 people and says the measure was due to the need to optimize production processes, with priority given to factories in Asia.
The French service for vigilance and protection against foreign digital interference VIGINUM published a study on February 4 on how the TikTok algorithm was manipulated in the Romanian presidential campaign in favor of Călin Georgescu, Hotnews.ro...
Investment fund Integral Capital Group has acquired a majority stake in the fertility and gynecology clinic Embryos, which specializes in assisted reproductive technology. The stake was purchased from the clinic's three founders. The transaction was advised by law firm RTPR, which has an active mergers and acquisitions (M&A) practice. The RTPR team was led by […]
MedLife, the leader in the private healthcare market, announced the completion of the acquisition of Routine Med from Tulcea. Following the transaction, MedLife owns 60% of Routine Med, while the group's founder, Mihai Pavel, retains 40% of the company's shares. As a result, the group expands its national footprint in the southeast, where it is […]
Romanian industrial group TeraPlast (BVB: TRP) announced the acquisition of a 51% control stake in Aquatica Experience Group (AEG), an integrated engineering company specializing in water and wastewater treatment and management solutions, including the use of digital components. Among others, Teraplast produces plastic pipes that are used in construction. The transfer will become effective after […]
The Hungarian digital bank Granit Bank, with Istvan Tiborcz, one of the wealthiest businessmen in Hungary, son-in-law of prime minister Viktor Orban, as a significant shareholder, entered Romania in its first exit outside the country,
OMV Petrom Group (BVB: SNP) reported a net profit of RON 4.2 billion for 2024, up 4% from RON 4 billion the previous year, according to preliminary unaudited consolidated data announced by the company on February 4. Sales revenue decreased by 8% y/y, to RON 35.8 billion (EUR 7.1 billion). CCA operating result, excluding special items, […]