Romania | News
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Business Review - 15:58 Feb 23, 2022
Laura Alina Dezsi will coordinate the activity of the sales traditional trade, sales key accounts, consumer marketing and events management teams, reporting directly to Mr. Nawaf Salameh, Founding Chairman & CEO of the Alexandrion Group. Alexandrion Group, the largest spirits and wine producer and distributor in Romania, announces the appointment of Laura Alina Dezsi […] -
ZF English - 15:14 Feb 23, 2022
The plan of NuScale, which will make the small modular nuclear reactors (SMR) for Romania, is to assemble them in a plant, and one such plant could be in Romania, CEO John Hopkins said at the ZF Power Summit. -
ZF English - 19:26 Feb 22, 2022
Polish fashion discounter Pepco continued its expansion in the second year of the COVID-19 pandemic, opening more than 50 new stores in Romania in 2021, ZF has found. -
Business Review - 12:44 Feb 22, 2022
Cargus is dedicated to connecting every aspect of online shopping in Romania and provides online delivery with more and more delivery options, supporting e-commerce players to increase sales by using an affordable, flexible and high-performance click & collect service, which attracts and retains consumers. The company has constantly invested in the development of the […] -
ZF English - 18:29 Feb 21, 2022
Scandinavian furniture and home products retailer JYSK is continuing its expansion in Romania by opening three new stores on Thursday (Feb 24) in the towns of Ploiesti and Resita and the Floresti commune near the city of Cluj-Napoca. -
ZF English - 17:00 Feb 21, 2022
Retail sales grew by 7.5% in Romania in 2021, above the European average of 3.3%, but below the 10.6% increase in Eastern Europe, in line with data from Retail Audit NielsenIQ. -
Business Review - 11:10 Feb 18, 2022
Philip Morris International (PMI) is committed, globally to delivering a smoke-free future and replacing cigarettes with better alternatives and Romania sits at the center of this strategy to deliver through its Otopeni factory, according to company representatives. The Romanian factory is one of the most important global production facilities for consumables for smoke-free alternatives. Digital […] -
Business Review - 10:46 Feb 18, 2022
EY Romania further consolidates its financial advisory practice by naming Iulia Bratu as Associate Partner within the Strategy and Transactions department. Iulia Bratu will coordinate the Lead Advisory practice, with responsibility for both M&A and capital & debt advisory. Iulia Bratu is one of the most appreciated M&A consultants in Romania, having over 17 […] -
ZF English - 08:22 Feb 18, 2022
Germany’s PVC profile maker Veka, present in Romania with a plant on Bucharest-Pitesti highway, saw turnover go up by over 50% in 2021 against 2020. -
Business Review - 14:26 Feb 17, 2022
NN Romania recorded solid financial performance on all business lines in 2021, despite challenges still faced by the local economy in the Covid-19 context. The company consolidated its position as a financially stable life insurance and private pensions leader with a significant footprint in the local economy. At the same time, NN accelerated its digital […] -
ZF English - 17:46 Feb 15, 2022
Romania’s e-commerce sector has reached the threshold of EUR6.2 billion at end-2021, almost 10% higher than in 2020 when the electronic commerce was estimated at EUR5.6 billion, in line with a report by GPeC and the Association of Romanian Online Stores (ARMO). -
Business Review - 15:05 Feb 15, 2022
Auchan Retail inaugurates a new logistics center, the second in Romania, located in the northwest of the country, in Călan city, Hunedoara County. With a storage surface of 22,000 m2, the new warehouse accommodates both ambient and fresh products, as well as office spaces. The entire campus, planned to be expanded in the coming years, […] -
Business Review - 12:29 Feb 15, 2022
After 2019, the darkest year for Romanian exports in the post-crisis period of 2008-2009, the first year of the pandemic (2020) was an even tougher one in terms of the evolution of the country’s trade balance: covid-19 eroded exports by 9.9 percent compared to the previous year. By Claudiu Vrinceanu Romania remained the only […] -
ZF English - 12:59 Feb 09, 2022
Romania’s software and services industry contributes approximately 6.2% to the country’s gross domestic product (GDP), which amounts to almost EUR13.6 billion. as per a survey by the company Roland Berger for the Romanian Employers Association in the Software Industry (ANIS). -
ZF English - 16:23 Feb 07, 2022
Sales of dermo-cosmetics in pharmacies in Romania increased by 27% to a total of RON360 million (EUR73.2 million) last year and the market was dominated by facial care products, which accounted for 38% of the total, body care (19.8%) and hair care (19.4%) products, according to a Cegedim report. -
ZF English - 22:00 Feb 03, 2022
Online fashion retailer Answear, a business started in Poland more than ten years ago and present in Romania since the end of 2015, posted record sales in all ten countries where it operates - EUR159 million last year, 67% higher than in 2020. -
ZF English - 17:47 Feb 02, 2022
Scandinavian furniture and home décor retailer JYSK is continuing its expansion in Romania by opening a new store, in Campina (Prahova County), on Thursday (Feb 3), reaching a 113-unit network on the local market. -
ZF English - 17:07 Feb 02, 2022
Germany’s retailer Kaufland is opening a hypermarket in Turnu Magurele (Teleorman County), reaching a total 149 hypermarkets in Romania. -
Business Review - 15:24 Feb 02, 2022
The leading European renewable energy developer Green Genius plans to build over 500 MW Solar PV capacity in Romania by 2025 to generate green and clean energy in the country. According to Green Genius representatives, the company aims to invest about EUR 450 million in this project, through which, by producing and selling green energy, […] -
ZF English - 12:33 Feb 02, 2022
Romania registered over 37,000 new job openings in January 2022, 61% more than in January 2021 and 29% more than in January 2020.