Romania Feed

While 2021 brought the first major concerns for the local construction sector, 2022 began with several ominous signs, including price hikes for materials, a pause in approvals for new buildings in Bucharest, as well as a medium-term threat: the potential elimination of fiscal facilities for construction companies. A brief SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) […]

After 2019, the darkest year for Romanian exports in the post-crisis period of 2008-2009, the first year of the pandemic (2020) was an even tougher one in terms of the evolution of the country’s trade balance: covid-19 eroded exports by 9.9 percent compared to the previous year.   By Claudiu Vrinceanu    Romania remained the only […]

As 2022 starts out with big plans for Romanian companies and investors, there’s more excitement around early-stage ventures and rapidly-growing firms than ever before. The triumph of a good team relies on many factors, including founder types, business models, capital, and products. BR has compiled a list of some promising companies in various verticals by […]

Romanian state-run power grid operator Transelectrica (TEL.RO) reported total operating revenue of RON3.7 billion in 2021, up 58% on the year, and a loss of RON6 million versus a net profit of RON145 million in 2020, the company’s preliminary financial report showed Tuesday.

Romania's gross domestic product (GDP) grew 5.6% in real terms (in unadjusted data) in 2021 compared to 2020, the country’s statistics board INS said Tuesday.

Rehau, a German manufacturer of window, installation and furniture solutions, has started the process of obtaining the necessary permits to start the construction of a regional hub in Sibiu, in order to serve the market and customers more easily and to be closer to European roads.

Romgermed, a mid-sized player in the private medical services market, will open a new medical laboratory in the Unirii area of Bucharest in a EUR300,000 investment and plans to develop a new polyclinic this year, an investment of one million euros, its officials said.

The four-star Hotel Cismigiu (Cişmigiu Hotel) in Bucharest, one of the city's landmark buildings, controlled by Spanish-owned Hercesa, expects a 15% increase in average occupancy this year, as well as average room rates, as it expects the business travel market to thaw, according to company officials.

Ford Romania's Craiova plant delivered more cars in January than Dacia's for the first time, as the availability of electronic components comes to dictate production volumes.

East Grain, a grain trader held by several entrepreneurs from Romania and Hungary, expects a 23% increase in revenue in 2022 compared with the RON539 million (EUR109.5 million) of last year.

Cable manufacturer Romcab Targu Mures (MCAB.RO) on Monday evening published its development strategy from 2022 to 2026, revealing at the same time last year’s revenue: EUR370 million. By comparison, in 2020 Romcab posted EUR181m revenue.

Romania's finance ministry on Monday raised RON617 million selling bonds maturing in 2025 and 2030, at annual average yields of 4.99% and 5.62%, respectively.

You’re finally ready to become your own boss. You’ve saved up enough money to walk away from your job and are excited to start this new chapter. There’s only one problem; you don’t know what kind of business to start. If you’re full of ambition but not sure where to begin, this guide is for […]

When you’re looking to hire a voice actor, there are a few things you need to keep in mind. Voice actors can bring your project to life by providing the perfect voice and tone for your audience. However, not all voice actors are created equal. Here are eight tips to help you find and hire […]

The Bucharest Stock Exchange on Monday said the bonds issued by software solutions provider Life is Hard, in the amount of RON4.5 million, will start trading on the Multilateral Trading System, under the ticker symbol LIH25, on Wednesday (Feb 16).

An impressive Instagram account is a must-have for any business attempting to create a social media presence today. With the competition picking up pace furiously by the hour, building reputation and reach in the least time possible on the social media platform is getting tougher. Fortunately, you can speed things up by investing in legit […]

NEPI Rockcastle, a leading investor and developer of commercial property in Central and Eastern Europe, acquired 17 hectares of land in the city of Galati (eastern Romania) for a mixed-use real estate project.

Every success has a system or strategy behind it. It helps both at the learning stage and during work. A self-learning system is a systematic way of sifting out unnecessary information and remembering the most necessary. The sooner you start to follow it (by adjusting to yourself or inventing your own), the sooner you begin […]

2Performant (2P.RO), the main player on the Romanian affiliate marketing market, listed on the AeRO market of the Bucharest Stock Exchange, ended 2021 with a turnover of RON25.7 million, up 27% versus 2020.

Romanian state-owned lender CEC Bank ended 2021 with an estimated (unaudited) net profit of RON355 million, higher than RON337.7 million reported in 2020, in parallel with a 22.7% increase in assets up to RON50.6 billion.