Business Review

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Found 2080 news

Young people in Romania score 5.99 out of 10, regarding to the degree of satisfaction they feel about their cities

Business Review - 10:05 May 06, 2022

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 […]

Tags: Young Romania
Romanian deep-tech startup Humans.ai partners with Booming Jobs

Business Review - 08:40 May 06, 2022

Romanian deep-tech startup Humans.ai and its SaaS synthetic video production platform Tovid.ai are partnering with Booming Jobs, the fastest growing career platform in the Netherlands which will use Humans.ai’s artificial intelligence and innovative synthetic media technology within the recruiting process. “We are excited to announce Tovid.ai’s partnership with Booming Jobs, as we continue to […]

Tags: Humans Romanian Booming Jobs
Filip & Company assists Medicover in the acquisition of Laurus Medical network of clinics

Business Review - 08:34 May 06, 2022

Law firm Filip & Company assists Medicover, one of the largest private healthcare providers in Romania, in the acquisition of Laurus Medical S.R.L., which owns a network specializing in niche medical services covering proctology and venous system disorders. The transaction was signed on Thursday 28 April and is still subject to obtaining clearance from […]

Tags: Company Laurus Medical Medicover Filip
Restart Energy implements a photovoltaic system project worth over EUR 500,000 for Cottontex

Business Review - 14:02 May 05, 2022

Restart Energy, one of the largest independent electricity suppliers on the local market, announces the signing of a contract worth over 500,000 euros with Cottontex, for the installation of voltaic photo generators with a combined power of 700 kWp. The project involves the installation of 1556 photovoltaic panels, on an area of 5,000 square […]

Tags: Restart Energy Cottontex
The Romanian investor believes in his income but not in the local economy

Business Review - 13:49 May 05, 2022

Rising inflation, which accompanied the economic recovery after pandemic shutdowns, has undermined confidence in the Western economies, with central banks acting timidly out of fear of stifling growth and waiting to see if inflation was transitory. But this week, the US Fed moved more decisively, aiming to slow runaway prices and restore confidence in the […]
SoftServe opens Development Center in Bucharest

Business Review - 12:52 May 05, 2022

SoftServe, a leading global tech company with Ukrainian roots is entering a new talent region. The company has opened a new office in Bucharest, Romania, as part of its strategy to extend global delivery capabilities and plans to hire 350+ associates by the end of 2022. SoftServe is one of the largest IT companies […]

Tags: SoftServe Bucharest
2Performant posts a turnover of RON 8.4 million in Q1 2022, a 53 pct. increase

Business Review - 12:41 May 05, 2022

2Performant (BVB: 2P), a technology company and leader in the Romanian affiliate marketing market, posts a turnover of 8.4 million lei in the first quarter of 2022, up 53% compared to the same period last year. The registered loss’s net result was lower than the estimated one, 1 million lei against 1.7 million lei. […]

Tags: Performant
War in Ukraine: Many (big) losers, few (real) winners

Business Review - 12:18 May 05, 2022

More than two months after the start of the war in Ukraine, of Russia’s invasion of Ukraine on 24 February, prospects for a rapid resolution of the war seem increasingly unlikely. As sanctions against Russia continue to pile up, a return to the pre-war situation seems illusory, even in the event of an early end […]

Tags: Ukraine
EVERGENT Investments shareholders approve dividends of RON 62.3 million

Business Review - 12:14 May 05, 2022

The shareholders of EVERGENT Investments, a company listed on the Bucharest Stock Exchange under the ticker EVER, by a large majority approved all the proposals on the agenda of the Extraordinary and Ordinary General Meetings. The main resolutions were the approval of a dividend with a yield of 5.39% with a gross value of […]

Tags: Evergent Investments
Olivier Van Houtte is Cargus’ new CEO

Business Review - 12:10 May 05, 2022

Cargus announces the appointment of Olivier Van Houtte as CEO of the courier company. With 20 years of experience in leadership positions in international companies in Europe and the USA, such as GE, DuPont or Johnson & Johnson, Olivier Van Houtte has been involved with professionalism in major restructuring, integration and transformation projects. His expertise […]

Tags: Cargus Olivier Van Houtte
Karl-Maria Pfeffer, CEO, RPHI: Tenants expect quality, premium office spaces

Business Review - 12:06 May 05, 2022

Real estate developer Raiffeisen Property Holding International (RPHI), owner of SkyTower, the tallest office building in Romania, announces the completion of a new strategic investment in the local office market. After a year of renovation and reconversion works, SkyTower inaugurates exclusive facilities in Romania for the business community: the multifunctional SkyHub Events Centre featuring […]

Tags: RPHI
Mazars study reveals banks set a long-term, ambitious strategy for sustainability

Business Review - 12:02 May 05, 2022

Mazars, the international audit, tax and advisory firm, launches the third edition of its annual Responsible banking practices benchmark study. The global study assesses the sustainability practices of 37 of the world’s largest banks1 based across all continents. The 2021 report shows that most banks assessed have demonstrated an interest in sustainability and have already advanced significantly in their sustainability journey by implementing relevant frameworks. […]

Tags: Mazars
Cushman & Wakefield Echinox: Demand for industrial and logistics spaces increased by 50 pct. in the first quarter

Business Review - 11:58 May 05, 2022

The leasing of industrial and logistics spaces increased by 50% in the first quarter of 2022 compared with the same period of last year, exceeding the 300,000 square meter threshold, thus creating the premises for a new record year in terms of demand for this type of spaces, according to the Cushman & Wakefield Echinox […]

Tags: Wakefield Echinox Cushman
Veeam Appoints John Jester as Chief Revenue Officer

Business Review - 13:41 May 04, 2022

Veeam Software, the leader in backup, recovery and data management solutions that deliver Modern Data Protection, today announced that it has appointed John Jester as Chief Revenue Officer (CRO). Jester will lead Veeam’s go-to-market growth strategy and help build upon Veeam’s position as the #1 provider of Modern Data Protection solutions spanning Cloud, Virtual, Physical, […]

Tags: Chief Revenue Officer
Stay Fit Gym expands its presence nationwide by taking over two fitness centers in Pitesti

Business Review - 13:11 May 04, 2022

Stay Fit Gym, the second largest chain of gyms in Romania, after the number of open centers, announces the complete takeover of two fitness centers owned by the Gym District in Pitești. This is the second M&A transaction announced by Stay Fit Gym after taking over Neby Fitness, a center in the Piața Domenii area […]

Tags: Stay Fit Gym
Amber posts a turnover of RON 126.8 million in 2021, a 56 percent increase compared to 2020

Business Review - 13:07 May 04, 2022

Amber, the largest Romanian independent game development studio, posts a record turnover of 30.5 million USD (126.8 million lei) in 2021, a 56% increase year on year. “2021 has been an excellent year for Amber, a year when we saw massive growth in the sales pipeline, driven by the investments carried out over the […]

Tags: Amber
FinsRoyal Review: The NO. 1 Automated Trading Platform for Every Trader

Business Review - 12:16 May 04, 2022

FinsRoyal Is a breakthrough in terms of automated trading platforms. Not only does it give you complete freedom over your funds, but it lets you withdraw your profit anytime you want. No more locking your funds for a threshold value. With a huge collection of trading instruments and a great technical analysis tool available, FinsRoyal […]
International Festival EUROPAfest #29 to take place on July 1st – 9th at the Elisabeta Palace

Business Review - 11:35 May 04, 2022

The Elisabeta Palace Evening was celebrated on Tuesday, May 3rd, event dedicated to the International Festival EUROPAfest in the presence of His Royal Highness Prince Radu. The event on Kiseleff Road was attended by Mr. Luigi Gageos, the director of the festival, and a series of business representatives. The last two years marked a […]

Tags: International Festival EUROPAfest
KPMG report: Russia’s invasion of Ukraine marked a tectonic shift in geopolitical risk

Business Review - 11:22 May 04, 2022

In April 2022, KPMG published its Global Economic Outlook report, based on expert analysis by economists from throughout the KPMG network of member firms. At a time when economic forecasting has become more challenging, the report aims to offer a degree of guidance which can help businesses, governments and individuals to navigate the uncertainties ahead. […]

Tags: KPMG
Freight carriers are facing major problems after two consecutive crises. Most funding is not available to them

Business Review - 11:02 May 04, 2022

Instant Factoring, the Romanian fintech specializing in microfinancing for small and medium companies, launches a sector study on the challenges faced by the road freight transport industry in Romania, caused by two consecutive crises, the pandemic and the military conflict in Eastern Europe and their economic impact. According to Romanian entrepreneurs in the field, financing […]

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