Digi's RCS&RDS Borrows EUR150M from Bank Syndicate

12.16.2020
RCS&RDS, part of Digi Communications, has signed a senior facility agreement for two loans amounting to EUR150 million with a banking syndicate consisting of Citigroup Europe- Dublin Romanian Branch, ING Bank-Bucharest Branch and Unicredit Bank, to refinance previous loans and for investments.
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US Software Company TaxDome Ends First Year In Business In Romania With Almost RON600,000 Revenue
02.28.2025
TaxiDome, a software company established in New York in 2017, which provides management solutions for accounting firms and entered Romania in 2024,... more
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Digi Posts EUR1.9B Revenue And RON540M Profit In 2024
02.28.2025
Telecommunications operator Digi (DIGI.RO), an entrepreneurial business controlled by businessman Zoltan Teszari, posted EUR1.92 billion revenue in... more
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Startup Accelerator InnovX Wants to Create Acceleration Center in Vienna, Launch AI Tech Hub in London
02.28.2025
Romania startup accelerator InnovX, founded in 2019, which for the second year in a row ranked among the 20 best hubs for startups in Europe, plans... more
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Bento 2024 Net Profit Up 26% YoY To RON16.4M, Revenue Up 45% YoY To RON84.4M
02.27.2025
2B Intelligent Soft (stock symbol: BENTO), a Romanian entrepreneurial company that provides software development services and IT infrastructure and... more
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AROBS Ends 2024 With Lower Figures Than In 2023
02.27.2025
AROBS Transilvania Software (AROBS.RO), the largest technology company listed on the Bucharest Stock Exchange, posted RON412.5 million... more
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ESX Announces EUR600,000 Investment in PTN.esx.ro Development
02.25.2025
ESX, a platform known for aggregating sports and fitness services, has announced a EUR600,000 investment in the development of PTN.esx.ro (Personal... more
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Salt Bank Aims To Overshoot 700,000 Customer Mark In 2025
02.24.2025
Salt Bank, the first 100% digital Romanian bank, held by the Banca Transilvania Group, has more than 400,000 customers after ten months from its... more
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Morphosis Capital Seals First Investment Abroad, Acquires Minority Stake in Satellite Producer EnduroSat
02.24.2025
Morphosis Capital Partners, a private equity firm founded by Simona Gemeneanu, Gabriela Dumitru, Dragos Petre and Andrei Gemeneanu, has carried out... more
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Romanian Startup Rayscape Plans To Get New EUR3M Funding Round
02.21.2025
Romanian startup Rayscape, which specializes in development of artificial intelligence algorithms for interpreting medical images, plans to attract... more
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MerchantPro: Romania’s Ecommerce Continued To Grow In 2024
02.19.2025
Romania’s e-commerce market continued to grow in 2024, shows an analysis by MerchantPro, the local SaaS solutions platform, based on the data... more
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Romanian Startup Bible Chat Boasting Fastest Growth in Europe Raises $14M Funding Round
02.19.2025
Early Game Ventures, the most dynamic investment fund in Romania and among CEE’s most active VC funds, has announced the biggest investment... more
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Romanian Startup Bankata Wants to Raise EUR350,000 Funding for European Expansion
02.19.2025
Romanian fintech Bankata, which has developed a platform via which users can compare various types of financial products, has opened a seed-type... more
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Symphopay Eyes Global Expansion
02.18.2025
Symphopay, a Romanian startup providing an intelligent POS solution for companies, aims to expand globally after having already attracted major... more
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We as Web Wants to Reach over 700 Employees by End 2025
02.17.2025
Software solutions developer We as Web of Cluj-Napoca aims to reach over 700 employees by the end of 2025, after having expanded its team by over... more
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Orange Romania Rakes In EUR1.416B Revenues in 2024
02.13.2025
Orange Romania in 2024 posted EUR1.416 billion revenues, compared with EUR1.548 billion in 2023, in line with the financial results reported by the... more
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Bitdefender Continues Expansion In Asia By Buying Division Of Its Malaysia And Brunei Dealer
02.12.2025
Bitdefender, one of the largest actors on the world’s cybersecurity solution market, has bought a division of BitShield, its dealer in Malaysia... more
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Romanian Startup Bonapp.eco Joins Hungary’s Munch Group
02.11.2025
Romanian startup Bonapp.eco, established by French entrepreneur Gregoire Vigroux in 2021, has joined forces with Hungarian group, Much, the owner... more
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Trendyol’s First Year In Romania: 1.3 Million Users, 13 Million Products Sold
02.11.2025
Turkish online retailer Trendyol, majority held by China’s Alibaba giant, has attracted over 1.3 million active shoppers and sold more than 13... more
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Dendrio Signs Almost RON40M Contract To Supply Videoconferencing Equipment
02.07.2025
Bittnet Systems (BNET.RO), on Friday notified the capital market about the signing by its subsidiary Dendrio Solutions, the digital infrastructure... more
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Competition Council: Sale Of Telekom Mobile To Vodafone And Digi Stands High Chances Of Approval
02.06.2025
The deal whereby Deutsche Telekom (Germany) and OTE (Greece) Group seek to sell Telekom Romania Mobile operations to Vodafone and Digi stands... more

The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
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More than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
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Romania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
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Bucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
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The volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
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The assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
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Romania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward
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Fiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.