Romania | News

2021 was the best of the past five years for Romania’s M&A market in terms of the number of sealed deals.

The Board of Romania’s central bank is not that optimistic about the trend of the inflation, which will continue to remain extremely high until June 2023. The latest data show inflation will reach 12.5% in December and 12.4% in June 2023, much higher than the 9.6% and 5% previously forecast.

Appointed in January 2022, Silvia Sticlea, the first Romanian woman to take over the Country Manager position in Nestlé Romania, managed to report an increase of 12.9% in the first quarter of the year, an increase attributed to the sustainable choices made by the company. That’s why Business Review sat down with her to talk about sustainability and […]

In the first quarter of 2022, Belgium’s WDP posted rent income worth EUR14.6 million related to the 60 properties it owns in Romania.

Brio, a standardized testing platform for students, together with 7 other non-profit organizations specialized in the field of education, launched the “Report on the literacy level of students in Romania”.   This was done based on the results that over 47,000 students from all over the country, from secondary grades, obtained in literacy tests. The […]

Envipco, a global company that produces RVM systems for collecting beverage packaging, launches its first factory in Romania and will install “reverse” vending machines in multiple locations in Romania.   The factory launch represents a national premiere, with Envipco pioneering the market in the production of intelligent collection equipment The new factory is located in […]

French do-it-yourself (DIY) retailer Leroy Merlin has opened its 20th store in Romania and the second in central city of Brasov on Friday (May 13).

Leroy Merlin, retailer specialized in construction, decoration and gardening, opens today, May 13, the 20th store in Romania and the second in Brașov. The new store is located in the Astra neighborhood, on Calea București no. 134, and will be open Monday through Saturday between 07:00 and 21:00 and Sunday between 08:00 and 20:00.   […]

Agroland Business System (AG.RO), a Romanian retail, agriculture and food entrepreneurial group, which owns the biggest agricultural store network in Romania, said in a stock market report on Thursday (May 12) that it opened its 18th Agroland MEGA store in Romania, in western city of Timisoara.

Philip Morris International (PMI) and Strategic Thinking Group have published the study “The Economic Impact of Philip Morris International in Romania – Philip Morris International’s Contribution to Value Creation and Sustainable Development in Romania”.   The study analyzed the evolution of the main indicators related to the company’s activity in the period 2016-2020. In 2020, […]

Scandinavian furniture and home products retailer JYSK is continuing its expansion in Romania by opening a new store on Thursday (May 12) in the locality of Bailesti (Dolj County).

Romania has made great strides over the last three decades and has come a long way, with better-than-perceived progress and major potential for further growth still remaining. The growth of Romanian economy and society is the starting point for EY Romania to sum up its active involvement in that progress throughout the 30 years since […]

DevTalks Romania, the largest expo conference for software developers and IT professionals in Romania, returns on June 8-10, 2022 in a new hybrid format, in-person and online, under the concept umbrella “AI & Innovation. Humanity Reimagined.” More than 400 daily participants are expected at Globalworth Campus Hall in Bucharest and over 8,000 participants are expected […]

CER Cleaning Equipment in Arges County, the company that Germany’s Kärcher uses for its Romanian manufacturing operations of, posted RON575 million revenue in Romania in 2021, an increase of 54% on the previous year. The revenue almost doubled compared with 2019.

As part of Mission Aigle (Eagle), France has deployed in Romania 500 personnel from the 27e Bataillon de Chasseurs Alpins (27th Alpine Hunters Battalion) from Annecy, the 126e Régiment d’Infanterie (126th Infantry Regiment) from Brive-la-Gaillarde, the 4e Régiment de Chasseurs (4th Chasseurs) from Gap and the 93e Régiment d’Artillerie de Montagne (93rd Mountain Artillery Regiment) […]

Austrian construction company Strabag reported revenues of EUR264 million in Romania in 2021, up 5% versus 2020, in line with data from the Group's latest financial report for 2021.

On the occasion of  Youth Day, the Youth Council of Romania, PONT Group, the Youth Federation of Cluj and the Romanian Commercial Bank (BCR), as members of the Governance of the “Youth Capital of Romania” Program, presented the study “Young people after the pandemic: Happy Cities” and “Young people at home” analysis.   They highlight […]

The leasing activity of industrial and logistics spaces in Romania increased by 50% in the first quarter of 2022 versus the year-earlier period, exceeding the 300,000 square meter threshold and creating the premises for a new record year in terms of demand for this type of spaces, according to real estate consulting firm Cushman & Wakefield Echinox.

Romanian Tudor Personal Tailor, a business specialized in the production of men’s made to measure suits, has recently opened a showroom in Iasi, the fourth in Romania.

Romanian businessmen Manole Gheorghe and Vasile Domente are virtually turning Moldavia into Romania’s new wind power pole.