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Restart Energy implements a solar project worth EUR 360.000 for Avastar

Business Review - 10:49 Nov 08, 2021

Restart Energy, one of the largest independent energy suppliers for electric energy and gas on the local market, announces signing a contract worth 360.000 euros with Avastar company, for installing a photovoltaic generator with a power of 570 kWp. The project involves 1.140 photovoltaic panels, covering 3.400 sqm, installed on the rooftop of Avastar slaughterhouse […]

Tags: Avastar Restart Energy
Filip & Company assists Sensiblu in the acquisition of 23 pharmacies in Optifarm

Business Review - 10:40 Nov 08, 2021

Filip & Company has assisted Sensiblu, part of A&D Pharma – Dr. Max group, in acquiring 23 pharmacies that had belonged to Optifarm. Filip & Company provided legal assistance in relation to the contractual documentation and the notification of the transaction before the Romanian Competition Council. The transaction required that several complex commercial and […]

Tags: Company Sensiblu Filip Optifarm
Modest retail development activity in the first 9 months of the year, consistent pipeline for 2022

Business Review - 10:37 Nov 08, 2021

The development activity in the retail market has been modest in the first nine months of this year, with only three small projects delivered, but we have also seen new retailers and developers entering the Romanian market this year, according to the Cushman & Wakefield Echinox real estate consulting company. In total, new commercial […]
ddroidd exceeds £3m target in first year

Business Review - 10:31 Nov 08, 2021

Romanian-based digital transformation and technical specialist, ddroidd, has exceeded its £3m turnover target in its first year, and has ambitious growth plans to double in size over the next 12 months as it embarks on a recruitment drive. ddroidd, which billed more than £3.2m in its first year of trading, specialises in designing, developing […]
The update of the large taxpayers list by the Romanian Tax Authroties leads to additional obligations for most of the companies with a turnover in excess of EUR 10-12 million

Business Review - 10:16 Nov 08, 2021

The list of large taxpayers was updated by the Romanian Tax Authorities (i.e. ANAF) after more than 5 years. Following the update of the classification rules, the number of large taxpayers has increased from 2,940 to 3,364, but the number of companies appearing for the first time on this list is much higher because many […]
Holde Agri Invest makes a new agritech investment by acquiring a stake in Enten Systems

Business Review - 10:11 Nov 08, 2021

Holde Agri Invest, a Romanian company operating farmland, announces a new investment in the agritech field through by acquiring a stake in Enten Systems SRL. The value of the transaction amounts to 370,000 lei, out of which 247,000 lei was used to acquire a minority stake, while 123,000 lei represents a financing convertible into shares. […]

Tags: Holde Agri Invest
How to Make Sure Your Online Trading is a Sound Financial Decision

Business Review - 09:43 Nov 08, 2021

Finance is the driving force required to allow businesses to grow, expand, and offer novel services. The way finances are utilized has a direct effect on business operations, especially when you are involved in online trading. Planning to use finances accordingly, building up a strategy, and following it religiously is the key to being successful […]
Romania’s culinary preferences: pickles, sausages, cheese, and jams, the tastes reminiscing of childhood

Business Review - 14:11 Nov 05, 2021

Conducted in partnership with D&D Research on a sample of over 1600 people, the study started from the desire of defining the taste of home, but also Romanians’ culinary influences in their consumption habits. The results show that, on one hand, 81% of Romanians associate specific ingredients with the taste of childhood, suggesting that their […]
Cargus launches the application that allows you to do what you want with your packages

Business Review - 14:04 Nov 05, 2021

E-commerce is growing so fast that every month the number of packages handled increases by a few percent. The numbers explode in November, with the launch of Black Friday. Last year, the value of orders placed during this period of discounts increased by 234% compared to Black Friday 2019. And the number of orders increased […]
Notino Black Friday sales start on on Monday, November 8th, and will last for 3 weeks

Business Review - 13:59 Nov 05, 2021

Notino, one of the largest online retailers of perfumes and cosmetics, starts the Black Friday sales on Monday, November 8th. For three weeks, the online retailer will have the best offers and discounts both in the online and physically store, and also on the mobile application, thus offering more flexibility on discovering the new deals. […]

Tags: Monday November
Playtech in £2.7 Billion Buyout – What It Means for the iGaming Sector

Business Review - 13:46 Nov 05, 2021

Not many industries are prospering more than the iGaming sector. Its businesses are benefitting from its global market value of more than £192 billion, so much so that one of the biggest gaming developers has just announced a takeover worth £2.7 billion. Playtech, an iGaming giant, is being acquired by Australian firm Aristocrat Leisure, signalling the health […]

Tags: Playtech
BR Exclusive | Cosmin Căpățâneanu, KLG Europe Romania: The world around us is more and more digital

Business Review - 12:11 Nov 05, 2021

Simplify, the business ecosystem for online stores launched in Autumn 2020, doubled its turnover in less than a year since its inception, becoming KLG Europe Romania’s “star”. To better understand how this remarkable growth was made possible, and to find out what the future holds for Simplify by KLG, Business Review sat down with Cosmin Căpățâneanu, Digital […]

Tags: KLG Europe Romania Cosmin
Demand for logistics and industrial spaces in the first 9 months of 2021 sees a 3% decrease, reaching 562,000 sqm

Business Review - 11:42 Nov 05, 2021

The demand for logistics and industrial spaces reached 562,000 sq. m during the first 9 months of this year, a slight decrease of only 3% compared with the same period of 2020, according to the Cushman & Wakefield Echinox real estate consulting company. The leasing activity was driven mostly by new demand, which accounted for […]
Impact Developer & Contractor, a new brand identity emphasising sustainability

Business Review - 11:32 Nov 05, 2021

Impact Developer & Contractor, the first real-estate developer listed at the Bucharest Stock Exchange (BVB), reveals it’s new brand identity. Under the statement “Developing sustainable communities”, the new branding reflects the company’s vision of developing large residential communities using sustainable technologies and solutions, with a low environmental impact. Impact Developer & Contractor’s mission is […]

Tags: Contractor Impact Developer
The Vital Importance of Marketing Knowledge to a Growing Business

Business Review - 09:26 Nov 05, 2021

Digital marketing has become a driving force behind many companies’ successes. Social media is a powerful tool that allows businesses to reach a wider audience than they could have ever been able to before. Although digital marketing has become highly popular, it is still a new and strange concept to some businesses. This is why […]
Bosch Romania teams up with Orange Business Services and will test custom features for automated vehicles using C-V2X communication via 5G commercial network

Business Review - 15:06 Nov 04, 2021

Bosch, leading global supplier of technologies and services, has recently signed a collaboration agreement with Orange Business Services. Bosch Engineering Center Cluj will start testing new features designed for automated vehicles, through Celluar-based Vehicle-to-Everything (C-V2X) communication with the help of 5G technology. C-V2X communication technology is a vital pillar of automated and connected driving. […]

Tags: C-V2X Orange Business Services
Bear Right: Unprecedented Call For A New Bear Sanctuary In Romania

Business Review - 14:55 Nov 04, 2021

Agent Green, together with the famous TV producer Charlie Ottley, launch together a unique call for the construction of a new bear sanctuary in Romania. International companies are called to join the Bear Right campaign, by paying copyright to… bears. What would it be like for bears to receive copyright? Bears have inspired so […]

Tags: Romania Bear Right
Sodexo BRS Romania appoints Marius Popescu as National Sales Director

Business Review - 12:12 Nov 04, 2021

Sodexo BRS Romania, the market leader in the extra-salary benefits and rewards services sector for the quality of life in Romania, named Marius Popescu as National Sales Director starting November 1st, 2021. The manager has been working at Sodexo Romania since 2000, joining the company early after graduating from college. Marius Popescu (44 years […]

Tags: Marius Popescu National Sales Director Sodexo BRS Romania
Concilium Consulting: The National Agency for Fiscal Administration of Romania Approved the Restructuring of All Budgetary Debts of Satrotec AG Company, Which Now Aims to Double Its Turnover

Business Review - 10:26 Nov 04, 2021

Concilium Consulting, consultancy company in business restructuring affiliated to Turnaround Management Association, announces the restructuring of all outstanding tax debts of Satrotec AG, international manufacturer of auto parts, having Swiss shareholding. The exemption has been obtained based on the Government Ordinance 6/2019 and aims tax debts amounting to RON two million. “We managed to […]

Tags: Satrotec Concilium Consulting
Bogdan Bibicu joins Wolf Theiss as a Partner in the Corporate Investigations Practice

Business Review - 10:19 Nov 04, 2021

Wolf Theiss welcomes Bogdan Bibicu as its new partner. Bogdan Bibicu will strengthen the Corporate Investigations practice both in Bucharest and throughout the CEE/SEE region. Bogdan brings significant experience in the areas of Corporate Investigations, Banking & Finance, Restructuring & Insolvency, Projects, TMT, Lifesciences & Pharmaceuticals. He will focus on further developing the local […]

Tags: Bogdan Bibicu Wolf Theiss

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