Enterprise Investors-owned Polish fintech PragmaGO, one of the largest non-banking financial institutions on the Polish market providing services to small and medium-sized entrepreneurs, took over the Romanian peer Telecredit IFN, which operates under the Omnicredit brand, from the investment fund Reconstruction Capital II Limited (RC2) and Elisa Rusu, the company's CEO.
The Katovice-based fintech is purchasing 89% of Romanian Telecredit's share capital for a total consideration...
The final version of Romania's national defence strategy 2025-2030, as amended following the public consultations and approved by the members of the Supreme National Defence Council (CSAT), is to be presented by president Nicusor Dan in Parliament, where it will be debated and voted on by lawmakers. The Romanian state must be prepared to manage […]
Romania aims, through its new National Defense Strategy, to become the second military power on the eastern flank and a defense provider in the Black Sea region, according to defense minister Ionuț Moșteanu. The new National Defense Strategy is a paradigm shift, the minister said. “A fundamentally different point of view is that we are […]
The 5 to go coffee chain, including over 650 units nationwide, is expanding its service portfolio through a partnership with Fibula Air Travel tour operator, for which it will distribute tourist packages, Ziarul Financiar reported. Fibula Air Travel has a significant presence in the markets...
The French group Groupe Atlantic is set to inaugurate the factory in Ariceştii Rahtivani, Prahova County, in the coming weeks, a greenfield investment of over EUR 50 million, announced Ziarul Financiar. So far, about EUR 40 million has been invested, and the remaining EUR 10 million is planned by the end...
Fondul Proprietatea (FP), as a minority shareholder (20%) at Bucharest Airports Company (CAB), proposed that the company could issue, under an IPO at Bucharest Exchange (BVB), a number of shares equal to half of its current shares, to finance the construction of a new terminal. The operation would preserve the state's majority position and generate […]
Sales of the Dacia Sandero model were the highest in Europe in October, although the volume was slightly lower than a year ago. The Romanian model managed to surpass its main rivals, the Clio and the T-Roc, according to Profit.ro. The Sandero is mainly built in Morocco, where...
