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Limitless Agency, one of the main digital marketing agencies on the Romanian market, reported a turnover of approximately 6.4 million euros (31,938,356.73 RON) in 2024, a 51% increase from the 4.25 million euros recorded in the previous year. According to the Emarketer report, the global digital marketing market grew by about 10% in 2024, a…

Romania’s economic outlook remains uncertain, with high inflation, fiscal imbalances, and rising insolvencies posing major challenges, according to the Country Risk Atlas 2025 by Allianz Trade.  Despite expectations of moderate GDP growth of 3.1% in 2025, businesses continue to struggle with high borrowing costs and weak consumer demand.  “At the micro level, local companies face…

Prime minister Marcel Ciolacu reaffirmed that Romania’s accession to the OECD remains a top priority for the government, with full support from all coalition partners as outlined in the governing program.  Following the first National Committee for Romania’s OECD Accession meeting of the year, Ciolacu emphasized that Romania has secured 12 formal approvals from OECD…

The Romanian Post has announced that it will lease out its former headquarters located in central Bucharest on Dacia Boulevard. The building, completed in February 2007, spans 6,294 square meters over 13 floors, including a basement and mezzanine.  The building also includes technical storage spaces and an air raid shelter, according to G4media.ro.  However, the…

Only 11.4% of Romanians believe they have saved enough to meet their financial needs, highlighting growing financial insecurity, according to a recent survey by Bulgarian lender tbi bank.  Inflation and rising expenses continue to pressure Romanian household budgets, with 43% of respondents saving only small amounts, 32% not saving at all, and 14% dipping into…

Tavex Romania, a leading investment gold dealer and part of the Tavex Group, has announced a EUR 35 million turnover for 2024, marking a 60% increase compared to the previous year. This surge solidifies the company’s strong presence in Romania’s investment gold market.  The total gold sales volume grew by 25%, reaching 450 kg, an…

Adrem, a leading Romanian energy services company, is set to receive a 20% minority investment from local investment company ROCA Investments, pending regulatory approval.  CEO Corneliu Bodea stated that the investment will support energy infrastructure modernization, efficiency projects, and renewable energy expansion, Economica.net reported.  Founded in 1992, Adrem has 1,600 employees and over 30 offices…

The Romanian state has lost another lawsuit filed by an energy supplier over unpaid compensation related to the government’s price cap policy for electricity. The total outstanding amount owed to all suppliers is estimated at over RON 8 billion (EUR 1.6 bln), according to industry sources quoted by Profit.ro.  On January 28, a Romanian court…

With over 18 years of experience in eCommerce, my team at Innobyte and I have developed hundreds of online stores. Our clients have ranged from traditional retailers transitioning to online sales, to large companies requiring customized solutions, and rapidly growing entrepreneurial businesses. One key conclusion we’ve drawn from this experience is that the more importance…

A 25-year-old Romanian man has been sentenced to life in prison in Texas after being found guilty of credit card skimming.  According to Judge Austin Reeve Jackson, the defendant stole more than USD 280,000 from residents of Smith County in a single weekend, prompting the court to impose a harsh penalty due to the severe…