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Red Point Software Solutions Acquires Ness Technologies Ro, Part Of Ness Digital Engineering
Companies

Red Point Software Solutions Acquires Ness Technologies Ro, Part Of Ness Digital Engineering

Red Point Software Solutions, a Romanian company specialized in providing IT services and solutions and the only SAP Platinum partner in Romania, is acquiring Ness Technologies Ro, part of N...

Ecaterina Craciun · 22.07.2024 · 14:47 · 2 min
PwC Romania Assisted Global Records Shareholder In Sale Of Minority Stake To Believe
Companies

PwC Romania Assisted Global Records Shareholder In Sale Of Minority Stake To Believe

A team of PwC Romania mergers and acquisitions consultants advised the shareholders of Global Records group in the sale of a minority stake to global digital music company Believe.

Loredana Frățilă-Cristescu · 22.07.2024 · 14:34 · 1 min
Eight Romanian Companies Included In Deloitte EMEA  Technology Fast 500 Ranking
Companies

Eight Romanian Companies Included In Deloitte EMEA Technology Fast 500 Ranking

Redbee Software, DRUID, Questo, Ascendia, FintechOS, Pentest-Tools.com, Kinderpedia and Nestor are the eight Romanian companies included in the latest Deloitte EMEA Technology Fast 500, the...

Ecaterina Craciun · 22.07.2024 · 14:29 · 2 min
Romania Expected To See Lowest Corn Harvest In Years in 2024
Companies

Romania Expected To See Lowest Corn Harvest In Years in 2024

Romania’s corn production will be about 7 milion tons in 2024, lower than the USDA and European Commission’s forecasts of 10.8 million tons and 10.6 million tons, analysts say, according to...

Loredana Frățilă-Cristescu · 22.07.2024 · 10:20 · 1 min
Tosmur Group’s Starch Plant In Medgidia Expects 5% Higher Revenue In 2024
Companies

Tosmur Group’s Starch Plant In Medgidia Expects 5% Higher Revenue In 2024

The starch factory in Medgidia, inaugurated by the Türkiye’s Tosmur Group in 2022, expects its revenue to grow by 5% this year, after having overshot the EUR100 million mark last year, with...

Loredana Frățilă-Cristescu · 22.07.2024 · 10:00 · 1 min
Vimercati East Europe Revenue Rises 10% To RON360.8M In 2023
Companies

Vimercati East Europe Revenue Rises 10% To RON360.8M In 2023

Vimercati East Europe, which makes electromechanical and electronic components in a plant in Bacau County, posted RON360.8 million (some EUR73 million) revenue in 2023, an increase of about...

Loredana Frățilă-Cristescu · 22.07.2024 · 08:50 · 1 min
Competition Council Approves Takeover Of Some Assets Of Peeraj Brands International By Shoebox Product
Companies

Competition Council Approves Takeover Of Some Assets Of Peeraj Brands International By Shoebox Product

Romania's Competition Council has announced in a press statement on July 19 that it approved the transaction through which Shoebox Product SRL intends to take over the assets related to the...

Ecaterina Craciun · 19.07.2024 · 16:30 · 1 min
Competition Council Clears Takeover Of Thermotop Technology By Revaty Limited And Tradeflax Limited
Companies

Competition Council Clears Takeover Of Thermotop Technology By Revaty Limited And Tradeflax Limited

Romania's Competition Council has announced on July 19 that it approved the transaction through which Revaty Limited, Cyprus, and Tradeflax Limited, Cyprus, plan to take over Thermotop Techn...

Ecaterina Craciun · 19.07.2024 · 16:15 · 1 min
Daniel Adam Steps Down As Chief Financial Officer Of Holde Agri Invest
Companies

Daniel Adam Steps Down As Chief Financial Officer Of Holde Agri Invest

Holde Agri Invest (HAI.RO), one of the largest players in the Romanian agribusiness sector, has announced in a stock market report on July 19 that Daniel Adam resigned from the position of C...

Ecaterina Craciun · 19.07.2024 · 15:06 · 1 min