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In the digitalisation landscape we see more companies having AI as an objective, but struggling to find an actual use for it. Sure, AI can bring significant benefits to your company, and that’s why it’s essential to understand where this ‘catch-all’ technology fits in a Business.  “The perfect candidate for an AI solution – so…

State-controlled hydropower group Hidroelectrica (BVB: H2O), the largest electricity producer in Romania, expects its net profit to decrease by 13% y/y to RON 3.55 billion (EUR 700 million) in 2025 despite the expected 2% y/y increase in revenues to RON 10.3 billion, according to the company’s budget sent o shareholders for endorsement. Of this profit,…

Trinity Investments Management, a private equity fund with Romania’s Scandia Group as anchor investor, was set up focusing exclusively on investments in the food industry, primarily in Romania and Poland, which together account for 57% of the region’s population and 53% of its GDP. “Trinity Investments focuses on creating long-term value. We will invest in…

Net investments in Romania’s national economy totaled RON 193 billion (EUR 38.8 billion) in 2024, marking a 4.9% decline compared to the previous year (in volume terms), according to data published by the National Institute of Statistics (INS). The decrease was primarily driven by a 10.8% drop in equipment purchases, including transport means, and a…

Automobile production in Romania fell by 14% in the first two months of 2025 compared to the same period in 2024, with total output reaching 85,260 units, according to data from the Romanian Automobile Manufacturers Association (ACAROM). Automobile Dacia produced 48,582 vehicles, while Ford Otosan manufactured 36,678 units. While the slowdown at Dacia seems to…

Romania’s trade deficit (goods) surged by 38% y/y to EUR 2.74 billion in January, as the exports picked up encouragingly by 2.4% y/y, still insufficient to offset the 10.3% y/y advance of imports, according to data published by the statistics office INS. Romania’s exports rose by 2.4% y/y to EUR 7.25 billion, while the imports…

Romanian traditions and honey products are the focus of fairs opening in Bucharest, alongside a varied offer of films, concerts, and exhibitions. In Bucharest: Art Safari Until July 27 The current edition of the art event features exhibitions on Ioan Andreescu, Ion Țuculescu, forgotten Romanian painters, but also the new generation of artists. More details…

Militari Residence, the largest residential agglomeration in Romania located in Bucharest’s suburb Chiajna, developed by Iulian Robu and Constantin Căpățână (which gave the name to the agglomeration), will add another eight blocks of apartments, according to Profit.ro. The two want to build 8 blocks of apartments on a plot of land with an area of…

Voxxed Days Bucharest 2025, an event dedicated to IT professionals and software developers, will take place on March 26-27, 2025, at Crowne Plaza Hotel Bucharest. This year, the conference reaches the next level by emphasizing the development of intrapreneurial skills among software developers – an essential step in shifting from an outsourcing-based model to one…

Iulia Boldor, better known as Yushia, is a women’s trailblazer in the traditionally male esports world. The rising industry has found room for female representation in recent years, and the 22-year-old Romanian is at the forefront of its most popular gaming competitions, the League of Legends professional tournaments, as part of the French esports organization…