Romania: Databricks buys AI evaluation startup Quotient founded by Romanian (…)

March 16, 2026

Databricks buys AI evaluation startup Quotient founded by Romanian Iulia Neagu
Mar 16, 2026

Databricks buys AI evaluation startup Quotient founded by Romanian Iulia Neagu.

Romanian Iulia Neagu, a PhD in physics at Harvard, sold the artificial intelligence startup Quotient to the American, Romanian-founded data giant (…)

[Read the article in Romania-Insider]

SEE ALSO IN ROMANIAN NEWSPAPERS

Globalworth Gets Almost EUR40M Financing From Banca Transilvania For Green Court Project Expansion Banca Transilvania has granted nearly EUR40 million in financing to Globalworth for the development of the fourth office building within the Green Court complex in northern Bucharest.

MobilaDalin To Open New Showroom In Bucharest, Reaches 11 Stores In Romania Upholstered furniture maker MobilaDalin, a Romanian-owned business started by the Cotoi family 30 years ago, is set to open a new store in Bucharest's Pipera area, which will be its second unit in capital city Bucharest.

Romania's Antitrust Body Looks Into Acquisition Of Carrefour Romania By Paval Holding Romania's Competition Council is assessing the notified acquisition of the Romanian operations of French-held Carrefour Group by Paval Holding.

Crosspoint: Bucharest Apartment Sales Plunge Nearly 19% YoY In January-February 2026 The residential market in the capital city of Bucharest started 2026 with an 18.6% decline in apartment transactions in January-February compared to the same period of 2025, according to an analysis by Crosspoint Real Estate.

Statistical Office: Employment Rate For Working Age Population At 62.6% In Q4/2025, Down 0.8 PP vs Q3/2025 In the fourth quarter of 2025, the employment rate for the working-age population (15-64 years) was 62.6%, decreasing by 0.8 percentage points compared with the third quarter of 2025.

Bucharest drastically limits use of fireworks year-round Authorities in Bucharest have passed regulations to drastically limit the use of fireworks throughout the year. Companies that organize pyrotechnic shows will have to pay a fee of RON 500 (EUR 100) per minute and will need the approval of the City Hall. The new measures were approved by the (…)

Lidl Has over EUR285M Romania Network Expansion Plan Budgeted for 2026 German retailer Lidl has for financial year (March 1, 2026-February 28, 2027) announced an over EUR285 million expansion plan, exclusively aimed at adding more than 40 new stores to the local network.