Eastern Europe | Romania Feed

Romanian executive Adrian Ariciu, who has run from the CEO position the local operations of German group Metro, active in cash&carry food retail, will take over a regional position. He will be executive vice president (EVP) for Eastern Europe.

Romania recorded EUR6.2 billion in e-commerce sales last year, which is about half the level achieved by retailers in Eastern Europe, estimated at EUR14 billion, according to the European E-Commerce Report 2022 published by Ecommerce Europe and EuroCommerce.

Romanian Tech Startups Association – ROTSA, in partnership with Techcelerator and Rōnin, launches Startup Reaktor, an incubation platform for technology start-ups in Central and Eastern Europe. The goal of the program is to identify and develop 200 start-ups through entrepreneurship education programs in the next three years and provide them access to investors, accelerators, universities […]

Nuvias Group, the European high value distributor is bolstering its investment in Eastern Europe through the acquisition of Netsafe, a specialist, value-add cyber security and networking distributor group covering South-Eastern Europe.   Netsafe brings over 15 years of experience, with strong vendor relationships that complement and extend Nuvias’ existing portfolio of technology solutions and services, […]

Ion Catutoiu, an entrepreneur engrossed in various investments, including in the real estate sector, and Andrei Stanciu, CEO of construction company Somet Group, will jointly develop a 150-room hotel for long stay, which will be affiliated to the Novotel Living brand and will be the first of its kind to be inaugurated in Eastern Europe.

Swedish Tetra Pak Group, world leader in food processing and packaging solutions, has appointed Lyndsey Loyden-Edwards to the position of general manager of for operations in Eastern Europe, including Romania.