Romania Feed

EY’s CEO Imperative Study in Romania pointed out that, in terms of transformation initiatives, the majority of the CEOs from Romania (88%) intend to initiate new and comprehensive transformation in a time horizon of 12 months and the most significant investment (78%) will be directed towards data and technology.

MOL Romania is about to start the construction of six of the 14 service stations to be built on the A1 Lugoj - Deva and A2 Medgidia - Constanta highways, under the concession contracts signed with Romania’s national roads company CNAIR at the beginning of this year. The investment will amount to EUR28 million.

BRAND MINDS is The Global Thinkers Business Summit, a Romanian company of premium conferences, which will reach its 10th edition in 2022. BRAND MINDS plans to launch a digital platform in 2022, which will interconnect the international business community built around the brand, with the goal and vision of scaling the company globally, having at […]

The past decade saw rising waves of change that eroded the status quo and began to reshape business and operating models, and the very purpose of organizations. The need for agility and innovation has spurred companies to start giving up their enterprise islands in favour of ecosystem collaboration. And attention has turned away from delivering […]

Lender UniCredit Bank has opened the first Mortgage Center, in Bucharest’s Charles de Gaulle Square, which is intended exclusively for the mortgage lending activity.

Office building Eminescu Offices complements its mix of tenants after the Empatio recovery clinic chain signed a lease contract for a 200-square meter space within the project.

AFI Europe Romania has bought two plots of land covering a total 10,200 square meters from Impetum Investments, the investment division of Impetum Group, in a deal worth EUR12 million.

AFI Europe Romania adds to the company’s assets two land plots worth 12 million Euro, for its first Residential for rent (BtR) project.   The two land plots have an approximated surface of 10,200 sqm, positioned in Dimitrie Pompeiu Blvd. and Pipera Road, Northern part of Bucharest, considered one of the most dynamic areas in […]

Two young people, students and entrepreneurs, have launched a business that combines a healthy lifestyle with a gourmet approach to daily meals and passion for cooking. Thus, through EasyBitez.ro, they deliver fresh ingredients, ready weighed and numbered, together with the corresponding recipe, so that anyone can enjoy meals like at a restaurant, at home. Entrepreneurs […]

Pirelli’s motorsport division has been awarded three stars by the governing body of world motorsport, the FIA, as part of its Environmental Accreditation Programme. This is the highest score possible within the programme, which has been designed to demonstrate a series of measures that participants have to implement in order to achieve the best environmental […]

Mindspace, the global flex office provider, secured funding of $72 million. The investment round is intended to support the continuation of the company’s growth and its further expansion in Europe, the United States, and Israel. The round was led by Harel Insurance Investments and Financial Services Ltd., More Provident Funds, Shalom Meckenzie, Arkin Holdings and […]

Law firm PeliPartners has been engrossed in projects worth over EUR750 million since the onset of the Covid-19 pandemic.

Vestra, the first cluster specialized in the utilities and automation equipment industry, ended the third quarter of 2021 with a turnover of 14.6 million euros. The company expects a cumulative increase in sales of 15% by the end of the year and a turnover of 24 million euros.   The constant evolution and the positive […]

A burgeoning number of institutional investors around the world are placing greater emphasis on ESG performance in their decision-making and 74% are now more likely to divest from companies with poor ESG track records. However, concrete action is still lacking, and there is an urgent need for better quality disclosure from companies, according to the 2021 […]

Furniture retailer Ikea, which has two stores on the local market, both located in capital city Bucharest, is officially starting the construction of its third store in Romania.

The Romanian American University is organising the “RAU Science Talks”, an event that will bring to Romania for the first time some of the most famous scientists of our time. British biologist Richard Dawkins and American-Canadian physicist Lawrence Krauss will discuss the latest advances in science and answer today’s big questions in dialogue with Romanian […]

A successful restaurant has to focus far beyond just having a few fantastic cooks to craft finger-licking good food. Besides serving delicious food and savories to customers, a restaurant also needs to be managed well in all aspects keeping customers in the core center. After all, the customer is the king, and a king needs […]

Romania's general consolidated budget posted a deficit of RON47.98 billion in January-October 2021, or 4.03% of the gross domestic product (GDP), lower than RON74.04 billion, or 7.01% of GDP, in the first ten months of 2020, finance ministry data showed Thursday.

ING Bank ended the third quarter of this year with total revenues worth RON1.7 billion, up 9%, and net profit of RON630 million, 42% higher than in the same period of 2020.

Italian household appliances maker De’Longhi, which owns two plants locally in Cluj and Bihor, where it produces espresso machines and blenders, in the first 10 months of this year generated turnover worth almost RON1.6 billion (EUR320 million), similar with the entire 2020 level.