Category: Uncategorized

The French service for vigilance and protection against foreign digital interference VIGINUM published a study on February 4 on how the TikTok algorithm was manipulated in the Romanian presidential campaign in favor of Călin Georgescu, Hotnews.ro reported. Some of the pro-Georgescu influencers were paid by companies with ties to Ukraine. Authorities in Paris fear that…

Investment fund Integral Capital Group has acquired a majority stake in the fertility and gynecology clinic Embryos, which specializes in assisted reproductive technology. The stake was purchased from the clinic’s three founders. The transaction was advised by law firm RTPR, which has an active mergers and acquisitions (M&A) practice. The RTPR team was led by…

MedLife, the leader in the private healthcare market, announced the completion of the acquisition of Routine Med from Tulcea.  Following the transaction, MedLife owns 60% of Routine Med, while the group’s founder, Mihai Pavel, retains 40% of the company’s shares. As a result, the group expands its national footprint in the southeast, where it is…

Romanian industrial group TeraPlast (BVB: TRP) announced the acquisition of a 51% control stake in Aquatica Experience Group (AEG), an integrated engineering company specializing in water and wastewater treatment and management solutions, including the use of digital components.  Among others, Teraplast produces plastic pipes that are used in construction. The transfer will become effective after…

The Hungarian digital bank Granit Bank, with Istvan Tiborcz, one of the wealthiest businessmen in Hungary, son-in-law of prime minister Viktor Orban, as a significant shareholder, entered Romania in its first exit outside the country, Profit.ro announced. The Hungarian bank has grown significantly, becoming the eighth largest universal bank in the country, with total assets of…

OMV Petrom Group (BVB: SNP) reported a net profit of RON 4.2 billion for 2024, up 4% from RON 4 billion the previous year, according to preliminary unaudited consolidated data announced by the company on February 4. Sales revenue decreased by 8% y/y, to RON 35.8 billion (EUR 7.1 billion). CCA operating result, excluding special items,…

Ruuts.travel started as an RV rental marketplace founded by travel enthusiasts facing the pandemic’s lockdowns. It has since expanded into a one-stop booking hub focused on slow travel and local experiences, emphasizing options for a more sustainable way to discover places, while counteracting the challenges of over-tourism. Co-founder Katina Moldovan told Romania Insider more about…

Romania’s tennis star Simona Halep, a former world number one and two-time Grand Slam champion, announced her retirement from professional tennis on Tuesday, February 4, at the age of 33.  Speaking after the Transylvania Open match in Cluj-Napoca, which she lost to Lucia Bronzetti in two sets 1-6, 1-6, Halep said she felt at peace…

In a time of major geopolitical shifts and fierce economic competition among global powers, Europe must take decisive action to regain its competitiveness. Romania, with one of the highest economic dependencies on the European Union, must redefine its position and become an influential player at the decision-making table in Brussels. In this context, Paneuropa Romania…

In 2024, Complice.ro, a curator and provider of experiences for individuals and companies, maintains stable sales at €850,000, similar to the previous year, despite a 30% increase in the number of customers. This dynamic highlights a shift in companies’ purchasing behavior, with a greater focus on budget optimization. The ” winery stay and wine tasting…