Romania Feed

Antibiotice Iasi, the biggest local Romanian-held drug maker, targets RON1 billion turnover by 2030, in line with its multi-annual plan, with half of this sum due to be generated by exports.

Spectral Mobila, a furniture manufacturer in Barlad (eastern Romania) that also owns a network of stores under the same name, plans to reach 24 stores this year.

When people hear the word business, they tend to think of a company with its offices, manufacturing facilities, and CEOs. But that’s not all a business is — for instance, a farm can be one too. And just like any other business, it needs good marketing to attract customers and investors.   If you’re looking […]

There are so many benefits of online manufacturing that are currently being shaken by the quick unstoppable assault of the fourth industrial revolution. Digital fabrication processes are universally connected through IoT (internet of things), improving industrial methods above recognition. The manufacturing business is usually enclosed using machine learning that saves time, reduces prices, and improves […]

Nowadays, productivity tools are a necessity in almost every industry, as employees and owners alike strive for the perfect balance in their busy schedules. That’s why we decided to put together the thoughts 12 business owners, who share some must-have productivity tools for any business.   Justin Herring, YEAH! Local 1. Calendly Calendly is a […]

Online privacy is one of the most discussed concerns today. Whether you use a laptop, phone, or tablet, some portion of data about you gets shared with third parties. The way you switch sites, the sites you use, and how much time you stay on a site are only a few examples of what entities […]

Energy optimization refers to the process of optimizing the amount of energy you use in your home environment. It should go beyond merely conserving energy and involve increasing the energy efficiency (and savings) of the areas you presently reside. Energy optimization can assist in enhancing the performance of your system by preventing it from becoming […]

U.S. vice-president Kamala Harris will come to Romania on Friday (March 11) and will meet with Romanian President Klaus Iohannis at the presidential Cotroceni Palace in capital city Bucharest, according to the presidential administration.

Trencadis, a technology company specialized in software development solutions for the government and business environment, has appointed Marian Murgulet to the position of CEO effective March 1, 2022.

Adrian Viman, known as the executive who had run Kaufland Romania for nine years, has joined the Executive Board of Meta Estate Trust, which operates on the Romanian real estate market.

Germany’s parcel delivery company DHL has inaugurated a new delivery center in capital city Bucharest, within the AFI Lake View office building.

Anchor Grup, one of the most important real estate developers, with a history of 25 years on the local market, obtained a financing of 80 million euros from Banca Transilvania for the refinancing of the group’s retail and office segments. The loan represents one of the most important bank financing granted in recent years for […]

The number of real estate deals in Romania stood at 58,663 in February 2022, 19,153 more than in January 2022, data from the national cadaster agency ANCPI showed Wednesday.

Romania has ended the state of alert almost two years after the onset of the pandemic, and companies shift their operational plans moving forward based on an increasing number of employees returning to the office in the near future, as per a recent survey by Genesis Property.

Global technical services provider, ddroidd, has appointed a new Delivery Manager to oversee and grow the company’s lasi office that opened last year.     George Crismariuc joins from Endava where he worked in senior roles for more than 10 years, including as Applications Management Discipline Lead. With almost 15 years’ experience, George has worked in […]

Bucharest underground system operator Metrorex has signed a contract of EUR1.2 billion with a Turkish consortium made up of Alsim Alarko and MAKYOL for the construction of a 6.6-km subway section of the sixth mainline (M6) that will link capital city Bucharest with the Henri Coanda (Otopeni) international airport, according to company officials.

Simtel Team (BVB: SMTL), a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange, posts operating revenue of 58.7 million in 2021, an increase of 40% compared to 2020 and a net profit of 6.1 million lei, +55% compared to the previous year. The financial results for 2021 are […]

Trencadis, a technology company specialized in software development solutions for the government and business environment, has appointed Marian Murgulet as CEO starting March 1, 2022.     Marian Murgulet takes over the managing of Trencadis from the founder Radu Negulescu, who will stay the company’s majority shareholder. Furthermore, the entrepreneur Radu Negulescu will focus exclusively on […]

Fitch Ratings has assigned Romania-based CEC Bank S.A. (CEC) a Long-Term Issuer Default Rating (IDR) of ‘BB’ with Stable Outlook, Viability Rating (VR) of ‘bb’ and Government Support Rating (GSR) of ‘b’.

Zitamine is launching the first personalized nutrition service in Romania, an innovation in the vitamin and supplement industry, created through science and technology.    Zitamine offers a subscription to natural vitamins based on a personalized recommendation. The recommendation is generated by an algorithm that determines the unique nutritional profile of each customer. The vitamins are […]