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Bogdan Maioreanu, eToro: The Metaverse rush sparks patent battles

Business Review - 14:58 Jan 28, 2022

The Metaverse, a virtual world in which users can move as avatars and interact with others, has become a hot topic beyond the traditional base of computer gamers, with tech giants like Facebook rebranding and investing massively to secure their place in the brand new universes. Market commentary by Bogdan Maioreanu, eToro analyst for Romania […]

Tags: Bogdan Maioreanu The Metaverse Toro
RTPR advises SARMIS Capital on an investment in acquiring the majority stake in Smart ID Dynamics

Business Review - 14:52 Jan 28, 2022

RTPR has assisted private equity fund SARMIS Capital in relation to the acquisition of a majority shareholding stake in Smart ID Dynamics S.A., an important provider of highly customised end-to-end automation solutions for intensive business environments, leader in the Romanian IT industry. Established in 2019, the local independent private equity fund SARMIS Capital is dedicated […]

Tags: RTPR Dynamics SARMIS Capital Smart
The Brewers of Romania Association have elected their new President

Business Review - 14:52 Jan 27, 2022

The members of the Romanian Brewers Association elected Mihai Voicu, General Manager of BERGENBIER SA, a company part of the Molson Coors group, as President. Starting with January 1st, 2022, Mihai Voicu took over this position from Paul Barnett, President of URSUS Breweries, who was the President in office since June 1st, 2021. “I […]

Tags: President
At global level, Nestlé announces innovative plan to tackle child labor risks, increase farmer income and achieve full traceability in cocoa

Business Review - 14:42 Jan 27, 2022

Nestlé today announced a new plan to tackle child labor risks in cocoa production. At the center is an innovative income accelerator program, which aims to improve the livelihoods of cocoa farming families, while also advancing regenerative agriculture practices and gender equality. A cash incentive will be paid directly to cocoa-farming households for certain activities […]

Tags: Nestl
How to Find A Reputable Personal Loan Company Online

Business Review - 14:37 Jan 27, 2022

Are you in need of a personal loan but don’t know where to start looking? Don’t worry. You’re not alone. With so many lenders online, it can be hard to determine which one is right for you. That is why this article will share some tips on finding a reputable personal loan company online. So […]
Alesonor starts the construction works for the first villas of the first complete suburb Amber Forest

Business Review - 14:30 Jan 27, 2022

Alesonor, the developer of the first complete suburb – Amber Forest, announces the start of the construction works for the first villas to be built in the first stage of the project. The first villas are built with the construction company Britt Structures, a long-term partner of Alesonor, which also has experience in building the […]

Tags: Amber Forest Alesonor
How Cloud-Based Accounting Can Streamline Business Financials

Business Review - 13:44 Jan 27, 2022

Cloud services are becoming increasingly popular. The versatility of cloud-based software accommodates different business needs. The cloud facilitates organizational integration to a great extent. In the cloud, you can bring together an organization’s systems, for example, its human resource management (HRM) system, order fulfillment system, enterprise resource planning (ERP) system, and financial management system, to […]
Gabriel Zábušek appointed Chief Technology Officer of Publicis Groupe CEE

Business Review - 13:34 Jan 27, 2022

Gabriel Zábušek, currently Chief Executive Officer (CEO) of KINDRED, a part of Publicis Groupe Czech Republic, has been promoted to Chief Technology Officer (CTO) of Publicis Groupe Central & Eastern Europe (CEE). by Romanita Oprea Effective January, the new appointment sees Gabriel Zábušek join the ranks of Le Pont (Publicis Groupe CEE’s one-stop virtual […]

Tags: Publicis Groupe CEE Gabriel Chief Technology Officer
The Carrefour through Bringo expansion continues in 2022. The 30-minute delivery service reaches Arad, Bacău and Craiova

Business Review - 12:50 Jan 27, 2022

Less than half a year after the launch of the 30-minute fast delivery service, Carrefour Romania and Bringo continue to expand it at a consistent pace, reaching nine cities. Thus, the Carrefour through Bringo fast delivery map includes as of today Arad, Bacău and Craiova, which add to the previous waves of expansion in Bucharest, […]

Tags: Craiova Bringo Arad
Emerging Europe M&A 2021 activity rebounds with deal value soaring

Business Review - 12:15 Jan 27, 2022

Findings from the CMS Emerging Europe M&A 2021 report, published today in cooperation with EMIS, show that 2021 was a year of rebound and recovery for deal-makers in emerging Europe. Not only did the region recover from its dip in 2020, with 2021 transaction levels rising to 2,015 deals (up 18.2%), but emerging Europe saw overall deal value reach its highest level since 2013 – increasing to EUR 94.27bn (up 55.1%). Horea Popescu, Head of CEE Corporate M&A practice, CMS, […]

Tags: Emerging Europe
AI-powered ad testing comes to Kantar Marketplace

Business Review - 11:19 Jan 27, 2022

Kantar, the world’s leading data-driven analytics and brand consulting company, announced that Link AI, its AI-powered ad testing solution is now available on Kantar Marketplace, its agile market research platform. Romania is included. Link AI, launched in June 2020, is the first fully AI-powered solution featured on Kantar Marketplace. Already used by clients including […]

Tags: AI-powered Kantar Marketplace
Sarmis Capital Invests in SMART ID Dynamics, Leading Independent Romanian Provider of Automation Services

Business Review - 11:08 Jan 27, 2022

SARMIS Capital, the largest private equity fund dedicated to Romania and neighboring countries, acquired the majority stake in Smart ID Dynamics, a market-leading Romanian automation company. SARMIS is partnering with Mr. Daniel Boangiu, the CEO and co-founder of the company, and with Mr. Romeo Iacob, co-founder and Board Advisor, aiming to further consolidate SMART ID’s […]

Tags: Dynamics Smart
IMMOFINANZ: CPI offer price too low

Business Review - 13:16 Jan 26, 2022

The Executive Board and Supervisory Board welcome the intention of the CPI Property Group (CPIPG) to benefit from the company’s attractive growth potential and support the development and expansion of IMMOFINANZ as a long-term major shareholder. However, the price offered by CPIPG for the IMMOFINANZ share is significantly lower than the current value of the […]

Tags: IMMOFINANZ
New products in Burger King’s menu at the beginning of 2022

Business Review - 13:15 Jan 26, 2022

Burger King Romania, operated by AmRest, one of the largest European restaurants and foodservice platforms, has introduced new products in the menus of its restaurants starting January 2022. The focus is on chicken products, in line with Burger King’s goal to continue to develop its chicken products offer in Romania until the end of 2022. […]

Tags: Burger King
METRO Launches “sCore” Growth Offensive with Ambitious Targets for 2030

Business Review - 13:06 Jan 26, 2022

As part of its Capital Markets Day, wholesaler METRO unveils its “sCore” growth strategy today. The name is a combination of “score”, meaning hitting the stated targets, and “core” for METRO’s strong wholesale core. In the coming years, METRO aims to step up the pace of its growth, maximise its value proposition and, with its […]

Tags: Core
How Digitalization Will Change The Future of Business Technology

Business Review - 11:58 Jan 26, 2022

Do digital technologies lead to operational improvements in business or change it fundamentally? Discussing this issue with the help of experts from Boosty Labs – a software outsourcing company in Ukraine – is a good opportunity to talk about business technologies. Modern business technologies are built on the relationship between the market, the needs […]
Strong recovery in 2021 for the Romanian M&A market

Business Review - 11:07 Jan 26, 2022

M&A activity in Romania rebounded strongly in 2021 vs 2020 both in terms of deal value and deal count. Total M&A for the year amounted to $6.2 billion (€ 5.2 billion) up 32% year-over-year across 178 transactions, underscoring the strength of investor confidence in the Romanian business climate and its recovery post-Covid, especially in the […]

Tags: Romanian
Colliers’ 10 predictions for the Romanian real estate market in 2022

Business Review - 11:06 Jan 26, 2022

The Romanian real estate market has enough resources for a strong pick-up in activity in 2022, subject to how the pandemic will evolve, as well as other new themes, Colliers consultants predict. The repricing of risk and other post-pandemic trends will greatly influence the appetite and value of real estate investments in 2022 and beyond. […]

Tags: Colliers
M&A reached record heights in 2021 globally and deal momentum is set to continue in 2022

Business Review - 10:22 Jan 26, 2022

The M&A market set new records in 2021 in both volume and value terms. The number of announced deals exceeded 62,000 globally in 2021, up an unprecedented 24% from 2020, and the deal values reached an all-time high of USD 5.1 trillion, according to PwC’s Global M&A Industry Trends: 2022 Outlook. A strong deals pipeline, […]
6 Ways To Optimize Supply Chain Performance

Business Review - 10:20 Jan 26, 2022

The supply chain is one of the most important aspects of a business. It covers everything about a product, from raw material sourcing, production, packaging, warehousing to delivery. At both ends of a supply chain is usually the supplier and consumer. One of the biggest challenges businesses have with the supply chain is how […]

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