Romania Feed

Dedeman, the largest Romanian entrepreneurial business, which accounts for more than half of the local DIY market, will open the 57th store of the network in Campulung Moldovenesc, Suceava, on a 42,000 square meter site on Friday, December 17, following an investment of EUR10 million.

Techtex, a company specializing in the production of technical textiles, expects to end this year with RON120 million revenue, up 15-20% on the previous year, and next year with RON200 million next revenue as it diversifies its product portfolio.

The Bucharest Stock Exchange on Wednesday said that three new Fidelis government bond issues worth RON872.5 million and EUR42.1 million, respectively will start trading on the Main Market. on Thursday (December 16).

Installment loans have been around for a while, yet many people still don’t know a lot about them. Whether you’re someone with a background in loans and savings or you simply want to learn, you’ve come to the right place to get some answers! Installment loans are more common than you think, and you might […]

In many ways, cloud computing is the future of the way we do business, store data, and enjoy entertainment in our lives. Clouds are a powerful tool used in many of the things we interact with each day. Whether it’s creating documents on collaborative software or saving your pictures into your own personal cloud, it’s […]

The pandemic reshapes employees’ expectations and attitudes towards office work, according to the third survey conducted by Skanska in CEE. In the face of the new reality generated by the pandemic, where the preference for a hybrid-working model prevails, more than half of the CEE employees already work only from the office and are now […]

The Bucharest Stock Exchange on Wednesday said that the shares of Romanian software development company Softbinator Technologies will start trading on the AeRO market, the equity segment of the Multilateral Trading System, under the ticker CODE, on Friday, December 17.

Some of the most appreciated EDM artists in the world join SAGA Festival at the beginning of the summer in 2022. The first DJs announced in the festival’s line-up were Afrojack, Marshmello, and Timmy Trumpet. Black Coffee, Nicole Moudaber, Pan-Pot, Purple Disco Machine, and Sickick will also bring their amazing sets to Bucharest in June. Many […]

The Asset Services department of the Cushman & Wakefield Echinox real estate consulting company increased its property portfolio by 28% in 2021, reaching approximately 500,000 square meters of office, logistics and retail spaces, both in Bucharest and the other parts of the country, while a growth of 10-15% is also estimated for 2022.   Mihaela […]

Concelex is the only Romanian general contractor to compensate for its carbon footprint in 2020, thus reducing its impact on the environment. Part of a process started in 2016, the company continues the “Carbon-zero” strategy, currently funding the Rainforest Community project in Peru, an initiative against deforestation taking place in the Amazon basin, certified by […]

The Asset Services Department of real estate consulting firm Cushman & Wakefield Echinox saw a 28% increase in 2021 in the portfolio of properties it manages, reaching some 500,000 square meters of offices, logistics and retail spaces in capital Bucharest and other cities and towns, and expects 10%-15% growth in 2022.

One United Properties (BVB: ONE), one of the leading green developers of residential, mixed-use and office real estate in Romania, will distribute to shareholders on December 20th, 2021 bonus shares in proportion of 4 new ONE shares for every 5 shares held. The bonus shares will be awarded to shareholders that hold ONE shares on […]

Morphosis Capital Fund I, a private equity fund focused on Romanian SMEs, announces the acquisition of the majority stake in Stay Fit Gym, the second largest chain of gyms in Romania by the number of locations. The partnership between the two entities envisages the expansion of Stay Fit Gym at the national level in order […]

The design industry in Romania is relatively young, and it certainly needs support, as well as a good context that can foster development. Event organisers aren’t standing idly by, but powering through the difficulties and proving that creativity and innovation always win. By Romanita Oprea   In the 9 years since the team at The […]

The restrictions generated by the pandemic situation at the global level have led to a significant increase in shipping costs: up to 82% in the last year. The crisis deepened after the appearance of the new variant of Coronavirus, Omicron, and, implicitly, of stricter controls imposed by many countries on the docking of ships arriving […]

Romanian property restitution fund Fondul Proprietatea (FP.RO) has obtained the approval of its shareholders, which consist mostly of Pillar II (mandatory) private pension funds, for the distribution of special dividends in the amount of nearly RON433 million.

French shipbuilding group Piriou said it bought the ATG Giurgiu shipyard in southern Romania from local investors Teodor Apostol and Adrian Patriche who have controlled the Romanian company from 2002 until now.

Prices of lands in capital Bucharest intended for real estate developments almost doubled in 2021, with the central and northern parts of the city remaining the most expensive, per an analysis by real estate consulting firm Investpoint.

Cisco released the Cisco 2021 Consumer Privacy Survey which explores what individuals are doing to protect their privacy, the impact of privacy regulations, and their attitudes regarding the use of pandemic-related information and the emerging use of their personal information in Artificial Intelligence (AI) decision-making.

Romanian Cluj-based startup Stailer.ro, an online booking platform for beauty salons, has attracted a bridge investment round worth EUR500,000 from an angel investor group, following which it was valued at EUR10 million, company representatives said in a statement.