Romania | News
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ZF English - 07:44 Sep 20, 2021
Romania’s modern retail landscape is an exact copy of the Romanian economy as most stores are opened in the most economically powerful counties, led by Bucharest. -
ZF English - 13:43 Sep 17, 2021
US company Emerson, which provides engineering services for a wide range of industrial, commercial, and consumer markets, wants to reach almost 3,600 employees in Romania, in the next two years, and already has some 100 job openings. -
ZF English - 11:04 Sep 17, 2021
U.S. company SonicWall, a global provider of network security, content security, web and email security, secure remote access, and business continuity solutions, has started a project aimed at developing a technical support center in Romania, which is set to have 50 employees. -
ZF English - 07:46 Sep 15, 2021
Romania’s dental services industry generated turnover worth RON2.3 billion in 2020, the same as in the previous year, in line with Trade Registry data. -
ZF English - 07:34 Sep 15, 2021
The average price per one hectare of farmland in Romania revolves around EUR6,000, which is luring Romanian, as well as foreign investors, the more so as the European average is higher. -
ZF English - 06:52 Sep 15, 2021
Romania’s postal and courier services market ranks 14th among the markets of EU countries, with a value put at EUR1.2 billion in 2021, 8.8% lower than in 2020, in line with Ibisworld data. -
ZF English - 08:10 Sep 14, 2021
Estonian-held Bolt has more than 10,000 drivers in Romania, double the number reported six months ago, as the platform operates in 18 cities of the country, explained Cristi Salceanu, country manager of Bolt Romania. -
ZF English - 07:42 Sep 14, 2021
Bucharest is currently Romania’s most important market for cash & carry, hypermarket or supermarket operators, hosting a quarter of the country’s total number of modern stores, say the representatives of German-held Metro Cash & Carry. -
ZF English - 09:51 Sep 13, 2021
Polish-held cosmetics retailer Inglot is focusing on its online operations in Romania and will reconsider this market for resuming offline expansion with its own stores no sooner than a year. -
ZF English - 09:23 Sep 10, 2021
Romania held a total stock of modern industrial and logistics spaces of 5.3 million square meters at end-2020, and developers have pledged over 800,000 square metres of new warehouses in 2021, which should drive the overall stock to 6 million square metres. -
ZF English - 07:42 Sep 10, 2021
US giant Whirlpool, a major player on the global electrical home appliances market, does not plan to open a plant in Romania, where it holds only import and distribution operations, but bets on a sales increase. -
ZF English - 09:11 Sep 08, 2021
Romanian investment fund Black Sea Fund, focused on deals with small and medium-sized companies, announced it took over a 70% stake in D-Toys, Romania’s most important children’s puzzle and game producer, a business founded 20 years ago by entrepreneur Tibor Fustos. -
ZF English - 07:57 Sep 08, 2021
Romania’s construction sector reached a value of RON127.9 billion in 2020, in the wake of an annual increase of around 17%, according to ZF calculations based on Trade Registry data. -
ZF English - 07:39 Sep 08, 2021
International rating agency Fitch has warned the collapse of Romania’s coalition government could disrupt fiscal consolidation efforts, which are key to resolving the Negative Outlook on Romania’s ‘BBB-’ rating. -
ZF English - 06:54 Sep 08, 2021
Private healthcare provider Monza ended 2020 with turnover worth almost RON200 million, up 13% year-on-year. The growth Italy’s Monza group registered in Romania was organic, brought by the high number of patients, says Luca Militello, the group’s CEO. -
ZF English - 10:52 Sep 07, 2021
Capital city Bucharest, the largest and most developed urban center in Romania, contributes 50% to the business of Cora store chain in Romania, namely, the hypermarket business considering that only in 2021 Cora launched, in Bucharest too, the first proximity stores. -
ZF English - 08:37 Sep 07, 2021
BMW’s EUR1 billion investment in a plant in Debrecen, Hungary, will attract new investments in automotive component manufacturing in Romania, as well. The first two such investments went to plants in Arad and Oradea, which Global Vision built for two suppliers. -
ZF English - 08:07 Sep 02, 2021
DIY retailer Dedeman, the largest entrepreneurial business in Romania, controlled by brothers Adrian and Dragos Paval, is due to open this week its 56th store, in Blejoi, Prahova County. -
ZF English - 07:57 Sep 02, 2021
All large banks in Romania reported higher profits for 1H/2020 against the same period in 2020 amid weakening pandemic fallout and declining risk and provision costs, but also in the wake of rising lending and revenues. -
ZF English - 06:52 Aug 30, 2021
The lower brick demand was offset by roofing demand in the first half of this year for Austrian brick manufacturer Wienerberger in Romania.