Romania | News
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ukrinform.net - 13:45 Mar 29, 2022
Over 125 trucks with aid, ambulances, and fire engines from Romania and other European Union Member States have arrived in Ukraine through the humanitarian hub in Suceava. -
Business Review - 10:13 Mar 29, 2022
Investments in startups by TechAngels members more than doubled year-on-year to EUR 9 million in 2021, and a similar performance is expected this year. Malin-Iulian Stefanescu, the president of Tech Angels, talked to BR about the steady growth of angel investments in Romania and the ambition of seeing a Romanian startup grow into a unicorn […] -
Business Review - 09:08 Mar 29, 2022
Greenfield foreign direct investments (FDI) will remain low, business services investments will flourish, and new projects could arise in the context of covid shortages and the National Recovery and Resilience Plan. These are the most important foreign direct investment trends Romania should keep an eye on this year. By Claudiu Vrinceanu Greenfield projects stagnating […] -
ZF English - 07:18 Mar 28, 2022
British paper packaging producer DS Smith, present in Romania with a plant in Zarnesti, Brasov county, has invested more than EUR200 million in Romania to bolster its production capacities. -
ZF English - 14:37 Mar 25, 2022
Romania’s general consolidated budget posted almost RON9.51 billion deficit in the first two months of 2022, 25% lower than the RON12.76 billion in the year-ago period, the Finance Ministry announced on Friday. -
Business Review - 10:33 Mar 25, 2022
Deloitte Romania and Reff & Associates | Deloitte Legal assisted, via two different multidisciplinary teams, both the sellers and the buyer in the acquisition of the first e-money institution licensed in Romania, Capital Financial Services, which operates under the Twispay brand, by Elrond Network, the blockchain company founded in 2018 in Sibiu by Beniamin Mincu, […] -
ZF English - 07:55 Mar 25, 2022
French group Orange has a long-term plan for Romania’s market and is poised to step up local investments to keep its leading position on the segment of mobile telephony and also gain ground in the area of fixed services, according to the representatives of the group’s top management team and local subsidiary, six months after the completion of Telekom Fix acquisition, an almost EUR300 million deal. -
Business Review - 15:21 Mar 24, 2022
IMMOFINANZ, one of the leading companies in the local real estate market, announces the launch of the successful mycowork, a myhive flexible office product offering customized workspaces for all types of companies in Romania. Internationally, the mycowork concept was first implemented in Vienna in 2020 and rolled out successfully in several European cities. The first […] -
Business Review - 15:08 Mar 24, 2022
Romania has implemented the temporary protection mechanism for citizens coming from Ukraine, approved by the European Commission at the beginning of March 2022, through the EU Decision 2022/382. Opinion article by Raluca Bontas, Partner, and Mihaela Vechiu, Manager, Global Employer Services, Deloitte Romania Thus, people who arrive in Romania, eligible to obtain temporary protection […] -
ZF English - 16:32 Mar 23, 2022
Dutch computer services firm Getronics NV Getronics is expanding its presence in Romania by opening a new office in capital Bucharest, company representatives said in a statement. -
ZF English - 15:33 Mar 23, 2022
Germany’s retailer Kaufland continues its expansion in eastern Romania by opening a hypermarket in the town of Husi (Vaslui County), and thus reaches a 152-store network in Romania. -
Business Review - 11:46 Mar 22, 2022
On January 17, 2022, Romanian Law no. 22/2022 entered into force for amending and supplementing the Emergency Ordinance no. 194/2002 regarding the status of foreigners in Romania, a regulation that outlines the legal status of the concept of digital nomads in Romania. This regulation represents a considerable legal novelty given the changes of work conditions […] -
Business Review - 14:59 Mar 21, 2022
Cargus continues to develop the national Ship & Go network and is dedicated to every aspect of e-commerce in Romania. The innovative system of delivery and collection points, together with the complex of services available to customers and end recipients, makes deliveries increasingly simple and satisfying for all buyers. By connecting online stores […] -
Business Review - 14:14 Mar 18, 2022
The Romanian company Color Smart Distribution, sole importer and distributor in Romania and Republic of Moldova of Benjamin Moore and Novacolor, expands its portfolio and brings to Romania and the Republic of Moldova the American brand of premium paints, Pittsburgh Paints. Pittsburgh Paints is the world’s No. 1 brand of paints and special materials […] -
Business Review - 14:08 Mar 18, 2022
The map of football lovers from Romania and abroad will be enriched, starting with this year’s summer, with a new destination: Football Museum Bucharest. The first museum dedicated to football inaugurated in Romania will be located in a building of over 1.500 sq m in the Old Town of the Capital, dedicated exclusively to exhibitions […] -
ZF English - 13:43 Mar 17, 2022
German automotive parts supplier Continental has invested roughly EUR150 million in Romania in 2021, continuing the steps taken in the last years, during which time it has invested in high-end equipment and new technologies for the automotive sector. -
ZF English - 16:33 Mar 16, 2022
Portugal’s EDP Renewables (EDPR), the third largest renewable energy investor on the Romanian market, said it plans to invest in additional green energy projects in Romania with a capacity of 1,000 MW, the Romanian government said in a press statement on Wednesday (March 16, 2022). -
ZF English - 13:03 Mar 16, 2022
Romania will raise contributions to mandatory private pension funds (Pillar II) to reach 4.75% of contributors' gross wage from the current share of 3.75%, starting January 1, 2024, the government decided in its Wednesday's meeting. -
ZF English - 10:11 Mar 16, 2022
American company Barings, a leading global investment management firm, has concluded an agreement with MassMutual Romania Global Business Services in order to set up a team of employees in Romania, who will work on a range of strategic projects carried out by Barings. -
ZF English - 08:25 Mar 15, 2022
Scandinavian furniture and home products retailer JYSK is expanding further in Romania and opening a new store in Otopeni, Ilfov county, on March 17th, thus reaching a network of 118 units domestically.