Romanian software company Arobs Transilvania Software has completed the merger by absorption of five subsidiaries - Arobs Development & Engineering, Berg Computers, Nordlogic Software, Infobest Romania, and Centrul de Soft GPS.
Romanian software company Arobs Transilvania Software has signed an agreement to acquire Quest Global Romania, the local unit of global engineering services provider Quest Global Engineering Services.
Through this collaboration, companies in Romania will have access to an Innovation Lab and to funding to explore emerging technologies such as Generative AI.
Systematic will provide the SitaWare Headquarters software suite that will be used by NATO Command Structure, reinforcing the Alliance's operational capabilities.
Connections (CC), a digital transformation company, has increased its revenue by 203% in 2023, reaching 177 million lei.
Romania has achieved a significant victory at the International Centre for Settlement of Investment Disputes (ICSID) in Washington regarding the Bucharest-based Casa Radio project.
Romania's Ministry of Finance is conducting its fourth public offering of Fidelis government bonds this year, running from April 14 to 21 on the BVB. .
Foraj Sonde Videle has announced the acquisition of Raffles Energy, a British holding company that owns two Romanian energy companies active in natural gas and electricity production.
Romania is launching its most ambitious industrial policy package in recent years, featuring nine state aid schemes with an estimated budget of €5 billion by 2032,
Romania's annual inflation rate climbed to 9.87% in March from 9.31% in February, driven by an 11.05% increase in services, 10.89% rise in non-food goods, and 7.67% growth in food prices, according to data published by the National Statistics Institute (INS).