Romania Feed

Greek toy retailer Jumbo, which has opened 14 stores in Romania since 2013, saw its revenues rise by 34% on the Romanian market in the first six months of 2021 against the year-earlier period, to EUR72 million (RON350 million), in line with the company’s financial report.

Burger King Romania, operated by AmRest, one of the largest European restaurant and food service platforms, announces the expansion of its range of chicken products by launching a new product – King Wings, American-style cooked chicken wings. The new product is available in all 9 Burger King restaurants, as well through partner delivery apps – […]

„Magia de acasă” (The home magic) is the new communication platform for the cora hypermarket in Romania, part of the brand’s global strategic repositioning process. By Romanita Oprea   cora has been working on recalibrating its mission and role for more than an year through a complex collective intelligence process that meant that the whole […]

ZebraPay, the leader of the local ATM market, with over 6,000 SelfPay payment stations nationwide, has contracted a loan of EUR0.5 million from lender Banca Transilvania.

v8 announces that Andrei Dragu becomes Chief Operations Officer within the team, after 5 years Business Development Director. The announcement was made after Adina Stănescu took over the position of Creative Director of the agency. By Romanita Oprea   With 15 years of experience in business, marcomm and advertising, Andrei Dragu took over, from September […]

The Buy Now Pay Later (BNPL) service is becoming a financial solution that more and more online and offline customers are interested in.  Introduced in Romania by the fintech Revo Technologies, Mokka service provides Romanian retailers an instant solution to customers’ purchases, without filling in documents and available on all sales channels. BR talked with […]

The European Bank for Reconstruction and Development (EBRD) has invested EUR10 million in a EUR48 million sustainability-linked bond issued by Autonom Services, a Romanian car leasing and rental company.

Nearly three-quarters (73%) of companies are concerned about the way labor and skills shortage will influence their business strategy within the next 12 months, slightly higher than the share of those which are concerned about the pandemic evolution, such as future COVID-19 variants (70%), according to the latest CEO survey conducted by Deloitte and Fortune magazine.

Finland’s Kone, a global leader in the elevator and escalator industry, has leased 1,230 square meters in the urban regeneration project West Business Campus located in the western part of capital city Bucharest.

Enel X, the Enel Group’s advanced energy services business line, and Mastercard held today a ribbon cutting event to inaugurate the FinSec Innovation Lab in “Gav-Yam Negev” Hi-tech Park in Be’er Sheva, Israel. The FinSec Innovation Lab focuses on advancing innovation in fintech, with the aim of turning ideas and solutions generated by innovative Israeli startups into commercial […]

DentalMed, one of the most important players in the private dental services market in Romania, opened the second clinic of the network, in the center-north area of the Capital, following an investment of approximately 2 million euro.   DentalMed Clinic PRIMAVERII is organized on 2 levels, cumulating an area of 450 sqm, as well as […]

AROBS Transilvania Software (BVB: AROBS), a Romanian IT company, announces the acquisition of Berg Software, a local custom software development and outsourcing company, with offices in Timisoara, Lugoj, and Oradea. Following the completion of the transaction, the AROBS Group will consolidate its presence in the Western part of Romania and intends to increase its presence […]

One United Properties, one of the green developers of residential, mixed-use and office real estate in Romania, announces the conclusion of an agreement to buy a majority stake in Bucur Obor S.A., a company listed on the AeRO market of the Bucharest Stock Exchange under symbol BUCU.   “The decision to acquire the majority stake […]

To protect their health, more and more people are choosing to limit unneeded interactions with others and are opting for safer ways of doing so in many aspects of their daily lives. Thus, digital payments have grown significantly in all business sectors, with the acceleration of digitization in companies and people’s preferences for this payment […]

The #25×25 Interview Series, a special editorial project powered by Schoenherr si Asociatii SCA, featuring companies that have been in business in Romania for 25 years, continues with another installment: Laurentiu Lazar, Managing Partner & Head of Investment at Colliers Romania, talks about the journey of the real estate consulting agency which started in 1996.   Starting with a […]

Real estate developer One United Properties, one of the most dynamic real estate developers of housing, office and mixed projects in Bucharest, announced it sealed an agreement to buy the majority stake in Bucur Obor S.A., a company listed on the AeRO market of the Bucharest Stock Exchange.

AROBS Transilvania, a Romanian-held IT company controlled by entrepreneur Voicu Oprean, which last month announced its intention to list on the AeRO market of the Bucharest Stock Exchange (BSE), took over Berg Software, a local personalized software development and outsourcing company, with offices in Timisoara, Lugoj and Oradea.

Ignite Logistic, a Sibiu-based company, founded in 2014 by two young entrepreneurs, Ioan Stroia and Remus Deac, in 2020 hit RON35.6 million turnover, up 40% year-on-year, being one of the most dynamic firms in transportation, in line with ZF data.

Arctic Stream (AST.RO), a Romanian-held company, an integrator of IT infrastructure and security in Romania, signed contracts worth RON40.9 million (EUR8.1 million) in the past five months, three times the value of turnover the company registered in the first half of this year.

Agroland Business Systems (AG.RO), which operates a chain of farm and garden supplies stores, will carry out a capital increase operation through which 4.71 million new shares will be issued.