Romania | News

Solaris plants are located in Poland, but the company, one of the largest public transportation electric vehicle manufacturers, considers developing new production units and Romania is on the list of countries where this may happen.

Tribal Worldwide together with Samusocial from Romania, the non-governmental organization whose mission is to save homeless people in Bucharest, launches the Real life estate project that aims to raise funds so that homeless people have an easier winter.   “In the context of the lowering of the temperature and the overcrowding of the shelter centers, the homeless […]

UiPath, Zitec, Softbinator Technologies, JYSK Romania and Nobel Romania are the most appreciated companies in Romania by their employees, according to “Top Angajatori 2021”, ranking made by the Undelucram.ro platform. This is the only top in Romania made according to employees’ opinions and not according to the public image of companies.   In its sixth […]

EY Romania strengthens its regional team in Transylvania by appointing Ovidiu Zaberca as Business Development Director. With the expansion of the team, the company aims to help develop the local business environment.   “Through our regional offices, we have been present in Timișoara and Cluj-Napoca since 2008, the regions near these cities remaining the main […]

Community investments, taxes and contributions, added value along the entire value chain – these are the main coordinates of Nestlé’s presence in Romania. On the occasion of the 25th anniversary of its activity on the local market, the largest food and beverage company in the world presents the first socio-economic impact study.   “For us, […]

Furniture retailer Ikea, which has two stores on the local market, both in Bucharest, is considering developing smaller stores in Romania, like the group already has on other markets, and is also considering new pick-up points in the country.

Romania is represented with 56 companies, fewer by two firms than in the previous year, in a ranking of 500 largest companies in Central and Eastern Europe (CEE) compiled by Coface rating agency based on 2020 financial data, placing the country fourth in the region.

The Romanian Diversity Chamber of Commerce (RDCC) organization is bringing together some of the most influential institutions, companies and key people from the business and public sector in Romania, for the online conference “Business Helps Stop Violence against Women” that will be held on November 25th, 2021.   Luminița Popescu, State Secretary, ANES (the National […]

The operational framework of monetary policy consists of the whole set of tools and procedures by which the central bank implements monetary policy in order to achieve its fundamental objective, which in the case of the National Bank of Romania (NBR) is ensuring and maintaining price stability. By Leonardo Badea, Deputy Governor of the National Bank […]

Romania ranks 44th out of 168 countries, climbing one position in the global ranking, but continues to be surpassed by all the other EU member states, according to the 2021 Social Progress Index, which analyzes the quality of life and social wellbeing and is conducted by the non-profit organization Social Progress Imperative with the support of Deloitte. Romania registers a score of 78.41 points out of 100, slightly higher than last year, which places it among the ranking’s third category countries, after Argentina, Hungary and Bulgaria.

After a long and laborious selection process, Iarina Taban from the Ajungem MARI Association and Eugen Vaida from the MONUMENTUM Association were appointed this year by Ashoka Fellows. They join the other six Ashoka Fellows in Romania (Paul Radu, Dorica Dan, Florin Stoican, Elena Calistru, Ioana Bauer and Carmen Gheorghe) and also the global community of 3,800 social entrepreneurs from […]

„Magia de acasă” (The home magic) is the new communication platform for the cora hypermarket in Romania, part of the brand’s global strategic repositioning process. By Romanita Oprea   cora has been working on recalibrating its mission and role for more than an year through a complex collective intelligence process that meant that the whole […]

The #25×25 Interview Series, a special editorial project powered by Schoenherr si Asociatii SCA, featuring companies that have been in business in Romania for 25 years, continues with another installment: Laurentiu Lazar, Managing Partner & Head of Investment at Colliers Romania, talks about the journey of the real estate consulting agency which started in 1996.   Starting with a […]

At the end of the first 9 months of 2021, Photon Energy had a project portfolio of around 218 MW under various stages of development in Romania, almost double the 117 MW capacity of early 2021, reflecting the frenzy of green energy activity Romania is witnessing.

Vivid, the all-in-one financial platform, today announces its launch in Romania. Bringing the high financial awareness and an equal possibility to every Romanian user, is one of Vivid’s top goals. Vivid enables everyone to have access to financial services, without unnecessary surcharges. Romania is the 7th country where Vivid lands, after having already successfully launched […]

Romania’s hotel industry is in full swing and by 2024 another 15 hotels are due to be opened, with a total number of 2,000 rooms, reveals a ZF analysis based on a report by STR hospitality industry research company.

The software development hub of ING Group is getting ready to enter a new IT market in Romania, by opening an office in Cluj-Napoca (north-western Romania) in the coming period.

Portland Trust, one of the most powerful real estate developers in Romania, has finalised the sale of the largest photovoltaic park under development in Romania to Econergy and Nofar Energy.

Earlier this year, Chromosome Dynamics S.A. has started the process of establishing the largest multi-vendor agro-industrial marketplace in Romania. Today, Agrobazar Marketplace offers customers 12 categories designed to cover the entire agri-food sector, reaching 25,000 products loaded on the platform in less than a week, of which about 10,000 have already been validated.   From […]

Romania’s Competition Council has approved the transaction whereby life and health insurer Signal Iduna Asigurare Reasigurare SA is acquiring insurance companies Ergo Asigurari SA and Ergo Asigurari de Viata SA.