International law firm CMS has advised The Cicor Group on its acquisition of 100% of the shares of Romanian engineering company, Evolution Medtec SRL.
In the dynamic realm of the Information Technology (IT) sector, 2024 is poised to be a transformative period defined by a myriad of trends and challenges.
Safetech Innovations, posts an individual turnover of RON 31.1 million, down 11% compared to 2022 and a net profit of RON 9.7 million, down 5%.
PayU GPO Romania, the leader of the local online payment market, estimates that the value of the e-Commerce market will be around €11.5 billion in 2024.
TaxDome, a USA company has announced an investment in Romania, a new enter in the local IT market.
Novartis Romania received the international Top Employer certification, a title awarded by the Top Employers Institute, a global authority in human resources.
Libris, an online bookstore in the Romanian market, closed 2023 with a turnover of RON 80 million, representing a 20% increase compared to 2022.
The retailer Flanco announced the acquisition of its first two real estate projects for new greenfield stores. They are located in commercial areas of Botoșani and Brașov and were purchased in the last six months.
The total balance mortgage balance in payment increased almost fourfold in the last 16 years, from €5.7 billions in 2008 to €21.7 billion today.
Beyond those already listed, a major challenge is that 54% of IT executives expect budget cuts, while 10% of respondents anticipate an increase in spending on innovation.
New data shows Primark's decarbonisation programme is beginning to decouple from its growth, with a 1.9% reduction in carbon emissions since 2019.
EY Global Climate Action Barometer shows just 41% of businesses have plans in place to manage climate risks; world's biggest emitters are the worst offenders.
Fitch has also upgraded GBR's Viability Rating (VR) to 'bb' from 'bb-' and Shareholder Support Rating (SSR) to 'bb-' from 'b-'.