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VTEX (NYSE: VTEX), the composable and complete commerce platform for enterprise B2C and B2B brands, has been selected by OBI,  a leading Do It Yourself (DIY) multinational retailer headquartered in Germany, to accelerate their commerce commerce capabilities, affirming its status as an industry leader in home improvement.  The German retailer selected VTEX over other enterprise…

Amid very little support from other states, Romania’s president Klaus Iohannis faces pressure to pull out of the race to lead NATO, Politico.eu reported. Since announcing his bid, the Romanian leader has only gotten Hungary’s support, compared to 29 countries backing the Dutch prime minister, Mark Rutte. Still, “behind the scenes, a number of EU…

For its 30th anniversary year, ING Bank Romania has a good start from both a financial and an operational perspective, with new relevant services offered to its individual and corporate clients.   “In 2024, we celebrate the 30th anniversary of our bank’s operations, making this a special and meaningful year for our team. It is…

Less than 16% of the first 234 (of 1,107) candidates who passed the preliminary psychological exam to become magistrates were declared admitted. A total of 1,107 candidates compete for 75 judge positions and 42 prosecutor positions under the selection procedure organised by the Superior Council of the Magistracy (CSM). The CSM announced on May 28…

The Central Electoral Bureau of Romania decided on May 28 that invoking illiteracy, ignorance of the law, or not speaking the Romanian language is not a valid reason that prevents the voter from expressing his political option alone. According to BEC’s decision, “the voter who shows up himself at the polling station and, for valid…

The Hungarian party in Romania UDMR and Hungarian Civic Alliance FIDESZ are two parties “on the side of peace,” and both hope that there will be more and more representatives on the side of peace in the European Parliament, said the Hungarian minister of foreign affairs and foreign trade, Péter Szijjártó, speaking in central Romania…

The Railway Reform Authority (ARF) announced that it canceled the procurement procedure for 12 hydrogen-based electric frames because no one signed up for the auction, according to Economica.net. ARF said it would initiate a new market consultation, after which it would decide on its future strategy for purchasing the 12 electric frames based on hydrogen…

As approved by the shareholders meeting on May 28, Romanian real estate group One United Properties (BVB: ONE) will issue 1.75 billion new shares at a price of RON 0.2 (23% of current market price) preferentially to the company’s shareholders as of August 6, under a capital increase that would bring it RON 350 million…

Romania’s largest financial group by assets, Banca Transilvania (BVB: TLV), confirmed that it bought BRD Pensii, the private pensions manager of BRD-SocGen group with 560,000 subscribers in both Pillar II and Pillar III, according to a note to investors sent by TLV. BT Financial Group, through Banca Transilvania and BT Investments, reached an agreement with…

City Grill Group, the most important Romanian restaurant group in the local market, celebrates 20 years of activity in the hospitality industry in Romania. Over the course of two decades, the group has demonstrated a consistent commitment to quality, innovation, and customer satisfaction, becoming an undisputed leader in its field. City Grill Group restaurants are…