Finance
Eastern European startups draw nearly €4 billion in Venture Capital
Now in its fifth edition, the report expands its scope to the entire region, gathering data from 22 countries.
A similar level of the instalment/wage ratio was registered in 2022, when the average instalment for a mortgage loan granted in Bucharest held a percentage of 44%.
NN recorded solid financial results across all business lines in 2024, continuing to ensure financial strength and stability, operational efficiency and digital transformation.
In addition to the hybrid work regime, Nestlé Romania employees also benefit from other non-financial advantages, such as a variety of library subscriptions, wellbeing and nutrition projects.
Regarding the distribution of Agroland Agribusiness revenues by category, in 2024, the largest share of turnover came from the grain trading activity.
Adjusting for inflation shows a more moderate increase of 52.1% over the last 10 years and 8.5% in the last year, indicating a market with a sustainable development.
Axionet is founded and led by entrepreneur Gabriel Ioniță, who has transformed the company into a leading player on the local market.
About 18% of the total number of vacancies was concentrated in manufacturing (6,300 vacancies) and the rate was 0.59%.
The Series A investment is led by True Ventures, a venture capital fund from Silicon Valley, with the participation of Early Game and Play Ventures.
With the €750 million investment, OMV Petrom integrates the production of sustainable fuels at Petrobrazi together with two green hydrogen units.
Founded in 1992 as a family business with 100% Romanian capital, the Adrem Group today has 1,600 employees and an extensive network of more than 30 offices nationwide.
The facility from Giurgiu manufactures spiral welded steel pipes with diameters up to 2.540 mm used in the construction of pipelines.
The company strengthened its position as a converged telecommunications operator with the completion of the merger between Orange Romania and Orange Romania Communications.
The survey "GenAI for marketing: Fear or FOMO" (Fear Of Missing Out) interviewed more than 50 CMOs and marketing directors in Europe, Australia and the US.
Romanian company Decalex Digital is expanding its services by opening the Decalex Digital UK office in London.
In the National Top of Romanian Private Companies, a ranking based on the financial performance of private companies, Atalian Romania was awarded the 1st PLACE in four categories.
The collaboration aims to address the AI skills gap by helping to equip young people with employable AI experience needed to thrive in the new AI-driven economy.
The works included in the projects are focused on the maintenance of the electricity distribution network.
Romanians are increasingly interested in photovoltaic power plants, either on their own or through subsidized programs.
Investment in the hotel sector is experiencing a significant upswing, with Romania witnessing a 56% increase in 2024 versus 2023, reaching €69.3 million. This trend aligns with a broader European surge, where hotel investments reached €20.5 billion, marking a 70% rise and establishing hotels as the leading asset class.
Scandia Română Development, the real estate division of the Scandia group, has announced the commencement of works on a new residential project in Sibiu.
Romania's construction industry maintained a high level of activity in 2024, despite a slight 4% decrease compared to the previous record year, according to data from the National Institute of Statistics (INS). However, compared to 2018, the volume of construction works was 78% higher during 2024.
Italian real estate group IGD has announced the sale of its Winmarkt Someș shopping center in Cluj-Napoca to a private Romanian investor for €8.3 million.
In 2025, deliveries of over 200,000 sqm of new retail space are expected in Romania, of which almost half will be shopping malls, according to a report by Colliers Romania.
Bucharest remains the leader on gross rental yields, while the overall prices in the residential market rose by 14% in 2024, according to a market study by The Concept.
Bucharest recorded a 20% decline in office leasing, to 339,000 sqm, in 2024, compared to the previous year, although it remained above the five-year average, according to a Colliers report.
Freedom24 aims to increase its Romanian client base by 200% in 2025, targeting from first-time investors to experienced traders.
ING Bank Romania's revenues reached RON 3.8 billion in 2024, up 13% compared to 2023, and the value of the bank's total assets increased to RON 78 billion, up 9%.
Annual inflation rate will fluctuate sharply in the first semester of 2025 and in the second semester it will decrease on a higher trajectory than in the previous projection.
The INVL Private Equity Fund II has received strong backing from both existing and new investors, forming an exceptional investor base.
Government representatives have participated in a series of consultations with Romania's international financial partners to analyze latest financial and economic developments.
In 2022, Romania recorded the highest VAT collection deficit in the European Union (EU), losing 30.6% of VAT revenues. However, this percentage is 4.2% lower compared to 2021.
According to a study conducted by Raiffeisen Bank in collaboration with Appinio, a global market research company, 55% of Romanians who are in a relationship mark these days.
AI and blockchain technology are having a growing impact on the FinTech industry, with digital payments and e-wallets expanding, according to experts at Money Motion 2025.
Bucharest recorded a 20% decline in office leasing, to 339,000 sqm, in 2024, compared to the previous year, although it remained above the five-year average, according to a Colliers report.
Cluj-Napoca recorded a fourfold growth in office leasing in 2024 and was the biggest regional market for such transactions, according to a Fortim Trusted Advisors analysis.
