Romania | News
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Business Review - 15:26 Feb 01, 2022
HBO Max, WarnerMedia’s premium streaming platform, arrives in Romania on March 8, 2022, it has been confirmed today, replacing HBO Romania. HBO Max offers a world of high-quality entertainment from beloved content brands, including Warner Bros., HBO, DC and Cartoon Network, Max Originals, and much more. Attractive pricing has also been revealed. The monthly subscription […] -
Business Review - 09:32 Feb 01, 2022
FREE NOW, Europe’s leading multi-mobility platform, has seen a favorable development in ride-hailing and has observed a dynamic recovery in this sector after the pandemic, estimating a doubling of the brand’s local operations in Romania in 2022. FREE NOW remains the multi-mobility platform that offers drivers the lowest commission in the market, making it the […] -
ZF English - 08:48 Jan 31, 2022
Poland’s startup merXu, an online B2B trading platform for Central and East European companies, has come to have almost 1,000 companies in Romania registered on the platform in around 3 months since it launched on the local market, with the pace being faster than in the neighboring country, Hungary. -
Business Review - 15:34 Jan 28, 2022
CEOs in Central and Eastern Europe (CEE), including Romania, are now looking to markets closer to home for potential expansion and growth opportunities, according to the CEO Survey 2022 for the CEE region. Germany has increased its lead at the top of key markets list by 10 percentage points since the 2021 survey, with 38% […] -
ZF English - 11:39 Jan 28, 2022
A report released Friday (Jan 28) by the Organization for Economic Co-operation and Development (OECD) shows that, according to OECD predictions, Romania’s economy grew by 6.3% in 2021 and is expected to grow by 4.5% in 2022 and 2023. -
ZF English - 08:37 Jan 28, 2022
Alta Seeds, a brand of Advanta Seeds, part of Indian group UPL, producing genetics for sunflower, sorghum or rapeseed in Romania and providing integrated services, has reached a 6% market share in Romania after a 3-year presence. -
ZF English - 17:00 Jan 26, 2022
AmCham on Wednesday welcomed Romania’s success of being one of the six candidate countries with which the Organization for Economic Co-operation and Development (OECD) has decided to open accession discussions. -
ZF English - 16:18 Jan 26, 2022
The mergers and acquisitions (M&A) activity in Romania rebounded strongly in 2021 against 2020 in terms of deal value, which climbed 32% to $6.2 billion (EUR5.2 billion), and deal numbers that stood at 178, underscoring the strength of investor confidence in the Romanian business climate and its recovery post-COVID, especially in the second half of the year, in line with an EY analysis. -
ZF English - 11:39 Jan 26, 2022
Disney Plus, the streaming service of The Walt Disney Company, has confirmed its launch in 42 countries in Europe, Africa and Asia, including Romania, starting summer 2022. -
ZF English - 13:49 Jan 25, 2022
Infrastructure projects worth over EUR1.5 billion are expected to be delivered in Romania’s regional cities in 2022, while in capital city Bucharest, construction works on a new bypass road will continue as part of an investment worth EUR1 billion, in line with an analysis by Bucharest Real Estate Club, in partnership with Concelex. -
ZF English - 08:23 Jan 25, 2022
Germany’s retailer Kaufland, the second largest player in Romania’s food retail by 2020 turnover, reached 148 stores in Romania in 2021 after opening ten stores. -
ZF English - 08:09 Jan 24, 2022
Romania’s tourism sector in 2021 generated revenues worth $1.1 billion, with the biggest receipts recorded by operators that sold holiday packages, namely travel agencies, and by hotel owners, in line with statista.com data. -
ZF English - 08:20 Jan 21, 2022
Dedeman, leader of Romania’s do-it-yourself (DIY) market and the biggest Romanian entrepreneurial company by turnover, got beyond the 12,000-employee mark, in line with company data. -
ZF English - 08:08 Jan 21, 2022
Portugal’s EDP Renewables (EDPR), the third strongest investor in Romania’s green energy, took over Beta Wind project company, the developer of a 151-MW wind project, according to market sources, with the deal marking the company’s return on the market. -
ZF English - 14:46 Jan 20, 2022
Real estate consultancy company CBRE has appointed Victor Rachita to lead the Industrial & Logistics (I&L) Department in Romania, pursuing its consistent efforts to strengthen the industrial & logistics team and extend the local market share. -
Business Review - 12:24 Jan 20, 2022
Primark, the international retailer, has today announced plans to launch in Romania with a new store planned to open in the capital city of Bucharest later this year, located at ParkLake Shopping Centre. The move is another significant milestone for the retailer in its ongoing expansion across Europe and the US. The new store […] -
ZF English - 11:56 Jan 20, 2022
Irish fashion retailer Primark, famous for its large format stores and low pricing strategy, will be opening its first store in Romania, within ParkLake Shopping Center in capital Bucharest, until the end of 2022. -
ZF English - 17:47 Jan 19, 2022
Romania, Poland and Slovakia are countries in Central and Eastern Europe (CEE) which reported an increase in the volume of transactions with real estate assets, according to data from real estate consulting company Cushman & Wakefield Echinox. -
Business Review - 12:35 Jan 19, 2022
P3 Logistic Parks (“P3”) announces the results of the leasing activity for 2021, in Romania. Due to the high demand generated by the positive organic evolution of the retail, transport and logistics sectors, and to the multiple facilities available within P3 Bucharest A1, last year the company leased out approximately 113,500 square meters of logistics […] -
Business Review - 12:11 Jan 19, 2022
The volume invested in real estate assets in Romania, Poland and Slovakia increased in 2021, while the Czech and Hungarian markets witnessed a downturn when compared with 2020, according to data from the Cushman & Wakefield Echinox real estate consulting company. At the regional level, the total transacted volume reached 9.98 billion euros, a […]