Romania Feed

If you’re a business owner, then you know that managing your employees can be a daunting task. There are so many things to consider, from hiring and training to compliance and retention. It’s enough to make your head spin! But did you know that using human resources management tools can help make the process easier? […]

You don’t have to earn a college degree to be successful in your life. Many of the most successful people have dropped out of college. However, this has not prevented them from making great strides in their lives. Ibuyessay.com can help with college assignments to make college fun.   College might seem daunting if you […]

Are you a person who knows everything about coffee? If you enjoy brewing specialty coffee at home, but you feel like something is missing, maybe you should think about opening your own coffee roasting business. Having the possibility to drink coffee from your own roast is one of its kind. However, there are a lot […]

The Transylvania International Film Festival (TIFF) returns in full force between June 17-26, to the way it used to be before the pandemic. Business Review talked to Mihai Chirilov, TIFF’s artistic director, about post-pandemic cinema. By Oana Vasiliu   What will be the size of the lineup at this edition? Will it be smaller than […]

Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, was flat on Friday and ended the June 13-17 week at 6.17% threshold.

Cigarette and vaping products manufacturer Philip Morris will invest $100 million in 2022-2023 to develop the production capacities for smoke-free products in Romania and reduce the impact over the environment.

Romania’s advertising market is likely to expand by 7.4% in 2022, being further dominated by TV, which attracts 56% of investments, reveals an analysis by GroupM.

Water bottler Calipso, owned by Florica and Daciana Siderache, expects turnover to surge by 75% this year against 2021, to RON121 million, in the wake of an extensive investment process, in line with information provided by the company’s representatives.

Tire producer Pirelli Tyres Romania, the local subsidiary of Italy’s giant Pirelli, currently owned by China’s state-owned China National Chemical, for 2021 reported turnover worth RON3.168 billion (EUR644 million), 25% higher than in 2020.

Medisprof Cancer Center, a company founded by doctor Carolina Udrea, which owns a hospital in Cluj-Napoca, is set to invest EUR2 million in Piatra Neamt oncology center .

Vlad Teodorescu, managing partner of Donna Medical Center of Bucharest, a business set up in 2011 by Elena Claudia Teodorescu, a radiologist specialized in breast imaging, says the company is set to further develop organically on the Bucharest market.

Transilvania Nuts, a walnut kernel processor owned by Romanian entrepreneurs Levente Bara and Alexandru Chiric, is currently deriving approximately 55% of its revenue from foreign markets and is planning to enter new markets.

Austria’s Wienerberger Group, which produces building materials, has appointed Christian Reingruber as interim managing director of its Romanian subsidiary, after Iulian Mangalagiu left the company, Wienerberger representatives said.

RTPR has assisted ENGIE Group in relation to the sale of its entire participation in Flashnet S.A. to Lucy Group Ltd.   The transaction also involved the sale of minority shareholding stakes by the other two minority shareholders, who remained in the business. Flashnet S.A. is a company that integrates the latest IT, energy and […]

The Vacaresti Natural Park Association and the Globalworth Foundation are launching the “Butterfly Trail”, a new visiting route in the Vacaresti Natural Park, part of the education and public awareness project on the importance of butterflies and other urban pollinators.   The new thematic route promotes urban nature and the ecosystem services provided by the […]

BTC Europe GmbH and NXTLEVVEL Biochem have recently signed an agreement on the distribution of biobased and biodegradable solvents derived from levulinic acid for the European market.   Levulinic acid can serve as a versatile building block for chemicals and materials derived directly from biomass. Due to their broad solvency power, low volatility, high safety […]

On 8 June 2022 the event “The easybox effect” – the solution of the future in courier services – took place. The event was attended by representatives of online shops, integrators and developers, partners and the most important players in the e-commerce and courier ecosystem, with news on industry trends, customer expectations and last-mile experiences. […]

Dino Parc Râșnov, the largest dinosaur park in South-Eastern Europe, is celebrating 7 years of activity this year, the number of people who visited it reaching 2,769,375 over this period.   In 2022, 132,398 persons visited the dinosaur park so far, while the park’s record attained in the best year before the pandemic was beat […]

Real estate developers continue to expand their portfolios of retail projects in Romania, over 500,000 sq. m of new spaces being announced for the next 4 years, with 10 of the pipeline projects each having more than 10,000 sq. m, according to the Bucharest Retail Market and the Romania Retail Regional Cities reports, produced by […]

Companies operating in the Romanian technology sector, public or private, which register accelerated growth, may enroll in the Technology Fast 50 Central Europe competition organized by Deloitte across 17 countries in the region.