Author: Andreea Ionescu

Safetech Innovations, a Romanian cybersecurity company listed on the Bucharest Stock Exchange, with offices in Bucharest, London, Abu Dhabi, and Riyadh, reports consolidated revenue of 12.1 million lei for the first quarter of 2026, up 291% year-over-year compared to the same period last year, an operating profit of 4.4 million lei, up 381% year-over-year, and a net profit of 3.6 million lei, an increase of 431% year-over-year compared to Q1 2025. „The results for the first quarter of the year reflect both the growth in commercial activity and the effects of the measures implemented in recent quarters to…

The Minister of Economy, Irineu Darău, announced Tuesday the opening of applications for the SME Eco-Tech program, through which Romanian companies can obtain financing for investments in production modernization, digitalization, and energy efficiency. „We have opened applications for the SME Eco-Tech program. We are talking about over 288 million lei for Romanian companies that want to invest in more modern production, automation, digitalization, and energy efficiency,” the minister wrote on his Facebook page. He specified that in recent months he has spoken with many industrialists, and almost all of them said the same thing. „If we want to remain competitive, we must invest. In new technologies, in..."

The new salary reform, as proposed, significantly limits the ability of public authorities to adapt salary levels to the real needs of certain strategic areas, according to IMM Romania, a nationally representative confederation. ”There are sectors essential for the socio-economic development of the state where public institutions need well-trained specialists, professionals with experience and skills comparable to those in the private sector. Without salary flexibility, public administration will continue to face difficulties in attracting and retaining high-performing human resources, which directly affects the quality of public services and the institutional capacity of the state,” argue the organization's officials. Furthermore, the reform does not resolve...

Romanian entrepreneurs will have access, as of Thursday, to the official online platform for the SME Eco-Tech program. Here, they can create accounts with usernames and passwords to apply, starting May 26, 2026, for SME funding supported by Swiss funds, according to StartUpCafe. To participate in the SME ECO-TECH Funding Program, applicants must complete „the preliminary stage of creating a user profile and uploading a valid electronic identification certificate on the electronic platform dedicated to the program's implementation,” the Ministry of Economy, Digitization, Entrepreneurship and Tourism (MEDAT), which manages the platform and the program, officially announced on Thursday. For this purpose, the platform...

Thousands of websites were compromised last month, and over 1.5 million were exposed to attacks. Specialists warn that any online business can become a target, according to representatives of a web hosting company. „In the past month, security vulnerabilities discovered in some of the world's most used online platforms have exposed approximately 1.5 million servers and websites to automated cyberattacks. Essentially, attackers took advantage of errors in systems used daily by companies for managing websites, emails, or online infrastructure, including WordPress, cPanel, Apache, or Microsoft SharePoint, and thousands of servers have already been compromised at the...

The Banca Transilvania Group started 2026 with positive financial results, growth across all business lines, and consistent commercial activity, confirming its essential role in supporting the economy. Growing profitability, operational efficiency, and an expanding customer base consolidate the position of BT and the Banca Transilvania Financial Group (BT Group) as a leader in Romania and Southeastern Europe. The active customer base is approaching 5 million. The BT Group's assets reached 227 billion lei. Tetik: BT grows to the size of a regional champion „We started the year strongly, both commercially – with an increase in the number...

The European Commission has revised downward its economic growth forecasts for the European Union and Romania, amid an energy crisis that is fueling inflation and eroding the competitiveness of European economies. For Romania, the European Commission has projected the largest decline in economic growth among all member states: from 1.11% to 0.11%, a drop of one percentage point, highlighting the lack of competitiveness at the local, regional, and European levels. This adjustment also reflects the deterioration of the European economic environment, particularly the weak performance of Germany, Romania’s main trading partner, as well as domestic economic problems and the ongoing fiscal adjustment process, according to…

DTEK Renewables, DTEK's EU renewable energy division, has received the commercial operation license for the Văcărești photovoltaic park (126MWp) from the National Energy Regulatory Authority (ANRE), marking the beginning of commercial operations and a significant milestone in the company's growth trajectory in Romania. With the commissioning of the Văcărești park, DRI's total installed and operational capacity in Romania reaches 299MW, consolidating the company's position as a leading independent power producer (IPP) in the country and underscoring its ability to implement large-scale renewable energy projects efficiently and rapidly. Developed in...

Foreign direct investment (FDI) in Europe declined in 2025, marking a period of slowdown and structural transformation in the investment landscape. The number of announced projects was 71% lower than in 2024 and remains significantly below peak levels, driven by a combination of factors: moderate economic growth, high energy costs, geopolitical uncertainty, and more difficult access to financing. FDI is increasingly focused on less labor-intensive activities, and the number of jobs created has nearly halved compared to the peak in 2021. This trend reflects both the decline in the number of projects…

The investment boom in batteries could make the local energy storage market much more competitive than many developers anticipate today. Romania already has a significant number of announced BESS projects, but the essential question is how many of them will be able to be financed, built, and operated profitably in the long term, according to representatives of Maxxen Energy, TDP Partners, and BESCA. At a certain level of installed capacity, the balancing market can become increasingly crowded, and the returns of BESS projects may begin to compress. In this context, financial modeling and long-term revenue assumptions become increasingly important for developers and...