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Recent News

Sarmis Capital Invests In Corporate Office Solutions

                Sarmis Capital, the largest private equity fund dedicated to Romania and neighbouring countries, has acquired a significant majority stake in Corporate Office Solutions (COS),...

Irish startup Nooka Space installs proximity offices in Romania’s Cluj-Napoca

Irish startup Nooka Space said it has established a network of smart proximity offices in the northwestern Romanian city of Cluj-Napoca. The first five...

AROBS raised 74,2 million lei from investors in the largest private placement in the history of the AeRO market

AROBS Transilvania Software (stock symbol AROBS), a Romanian IT company, announces the successful closure of the largest private placement in the history of the...

Dividend payout to weaken RO banks’ robust solvency by only 2pp

The biggest Romanian bank Banca Transilvania approved the disbursement of RON 500 mln in cash dividends, while the second-biggest lender BCR plans to distribute...

Romania has largest companies and banks in Southeast Europe

Seven of the largest non-financial companies in Southeast Europe are Romanian, five of the biggest banks - but when it comes to insurer country's...

Moody’s improves Romania’s outlook on country’s commitments under EU programs

On October 15, Moody's has unexpectedly changed from negative to stable the outlook on the Government of Romania, despite "policy inconsistency resulting from unstable...

Eco-passive office building built near Cluj-Napoca

The first eco-passive multi-storey office building in Romania, built using cross-laminated timber (CLT), is located in the village of Vlaha, some 20 km from...

Cluj: “Avram Iancu” International Airport reached one million passengers in 2021

                “Avram Iancu” International Airport in Cluj-Napoca reached one million passengers in 2021, according to The airport reached 1,000,000 passengers in recorded in a year...

Endava permanently switches to hybrid work system

Endava, a British company who employs over 3,000 people in Romania, has announced that they plan to switch to a “hybrid work system” after...

Emma Raducanu says Transylvania Open will be ‘special moment’ to play in father’s home country

US Open champion Emma Raducanu is set to make her return to the court at Indian Wells next week where the 18-year-old will be...