Category: Uncategorized

Arobs Transilvania Software, one of the largest technology companies listed on the Bucharest Stock Exchange, has sold its entire stake in Arobs Polska to WB Electronics. Before the sale, the company acquired the 5.66% stake held by Michal Drogosz, enabling the subsequent transfer to WB Electronics of 100% of the share capital of Arobs Polska,…

Romania’s High Court of Cassation and Justice lifted the house arrest imposed on mercenary Horațiu Potra on Thursday, September 3, allowing him to remain free under judicial supervision while standing trial. The court granted Potra’s appeal against the previous preventive measure, Agerpres reported. Horațiu Potra is one of the main defendants in a case concerning…

Romanian organized crime prosecutors have apprehended a Swedish citizen wanted by authorities in his home country over his alleged involvement in a shooting targeting two people in Stockholm. The suspect had lived in Romania for approximately three years, according to the Directorate for Investigating Organized Crime and Terrorism (DIICOT), as reported by Biziday.ro. Prosecutors searched…

Estée Lauder Romania has extended its lease at Bucharest’s SkyTower for a third time and relocated its headquarters to a newly fitted-out space on the building’s ninth floor. The beauty company has operated from the office tower since 2017. The announcement did not disclose the duration or financial terms of the renewed lease, nor the…

The Miko Castle in the village of Olteni, Covasna County, which has been restored with EU funding, is set to reopen its doors on Saturday, September 5, Agerpresreported. Built in 1827 by Count Miko Miklos, the castle is notable for the murals discovered on its interior walls during the restoration work. The paintings depict scenes…

Romanian payments and technology platform Netopia Payments is entering a new stage of development after it received the authorization of the National Bank of Romania (BNR) to expand its payment institution license to include money remittance services, the company said. The company, which processes more than RON 10 billion annually, is preparing new embedded finance…

Romanian construction company Concelex announced it was strengthening its management team by bringing in two professionals with international backgrounds in strategy and transformation. Daniel Spiridon, with over 20 years’ experience in management consulting and executive leadership, has joined Concelex as Deputy CEO Strategy. Carol Șerban, a construction engineering graduate with international experience in strategic consulting,…

The Moldova International Stock Exchange, or MIE, a new capital market infrastructure developed with the participation of the Bucharest Stock Exchange (BVB), has received a market operator licence for an unlimited period, clearing a major regulatory hurdle ahead of its operational launch, Economedia.ro reported. The National Commission for Financial Markets NCFM also authorized MIE to…

The European Bank for Reconstruction and Development (EBRD) announced that it has exited its investment in Romanian telecommunications group Digi Communications (BVB: DIGI). The transaction completes the EBRD’s divestment from Digi, following partial sales carried out in 2024, 2025 and 2026. The EBRD acquired a 3.25% stake in Digi in 2017, when the Bank participated…

The government of Romania said on September 3 that it was taking steps to ensure the country fully collects the EUR 770 million Recovery and Resilience Facility (RRF) grant linked to the new Integrity Agency (ANI) Law, while acknowledging that the legislation may have to be amended if it is found not to comply with…