Romania Feed

Nord Wind Power is the project company that broke the ice this year, obtaining the first technical permit to connect to the grid in 2022 for a wind farm in Iasi that, if completed, is estimated to be worth around EUR100 million.

Romanian company KIM specialized in providing software solutions for the digitalization of business processes in the naval, oil and gas, logistics and production industries, seeks to attract a new funding round and plans to launch a new software product, KIM officials said in a statement.

re:Focus on eCommerce, Retail & Logistics is almost here, so tune in with BR’s first event of 2022. The live stream will start at 11:00 AM on BR’s YouTube channel, make sure to subscribe and click the bell to set a reminder so you won’t miss a second of BR’s first event of 2022!   The […]

euShipments, a supplier and integrator of courier and fulfilment services in Eastern Europe, is expanding its foothold on the Romanian market, as part of a strategic investment of several million euros targeting its international expansion on several markets, company representatives said in a statement.

Romania’s State, on behalf of the energy ministry, has requested that seven new interim members of the Board of Directors should be elected at natural gas producer and supplier Romgaz (SNG.RO), in line with a stock market report released Wednesday (Feb 9).

SAGA announces new artists in the line-up of the second edition of the first festival of 2022 in Romania, which will take place on 3, 4 and 5 of June, at National Arena in Bucharest.   With dozens of hits, amazing sets in the whole world and millions of fans, DJ Snake, Tiesto, Ofenbach, Fisher, Meduza […]

Startup StockBinder, which facilitates rapid integration between online stores, suppliers and manufacturers, has raised as much as EUR200,000 of the amount of EUR300,000 it seeks to attract from investors through the Ronin investment platform, company officials said in a statement.

Gothaer Asigurari has started the necessary steps to align with Allianz-Tiriac's operations. Ciprian Pop, Gothaer's new CEO recently approved by the Romania’s Financial Supervisory Authority (ASF), and Cosmin Angheluta, deputy CEO, will ensure the transition, the Gothaer representatives said.

Sipex, a wholesaler of materials and finishes for constructions, plans to raise RON32 million through a private placement aimed at funding the company’s development projects.

Romania's central bank on Wednesday (February 9) raised its benchmark interest rate by 0.5 percentage points to 2.5% a year from the current rate of 2% a year, starting February 10, 2022.

Asseco SEE (ASEE), the largest IT company in Eastern Europe, part of the Polish IT group ASSECO, has acquired a 60% stake in BS Telecom Solutions (BSTS), a telecommunications systems provider and integrator in Bosnia and Herzegovina, according to a statement issued by representatives of the company.

The Bucharest Stock Exchange on Wednesday said the shares of ABN Systems International will start trading on Monday (February 14) after the successful completion of the first Initial Public Offering (IPO) held on the AeRO market, the equity segment of the Multilateral Trading System.

PayPoint Romania, operator of cash payments and electronic recharging services, on Wednesday announced the acquisition of the 24pay application, the digital payment solution for public transport with the largest expansion nationwide, owned by PTP Online.

Romania’s software and services industry contributes approximately 6.2% to the country’s gross domestic product (GDP), which amounts to almost EUR13.6 billion. as per a survey by the company Roland Berger for the Romanian Employers Association in the Software Industry (ANIS).

Humans.ai, the Romanian deep-tech startup announces the hiring of Prof. Dr. Nicu Sebe as Head of AI. With 20 years of experience in computer vision, machine learning and multimedia, Nicu Sebe is one of the leaders of the community being past chair at the main conferences in the industry such as ECCV, ICCV, ACM Multimedia, […]

2021 meant for Bonami, the online store with furniture and decorations, the achievement of many ambitious projects. Last June, the company launched its own premium courier service, transporting pieces of furniture to the customer’s home. 2021 also marked the expansion into new countries, with Bonami adding 4 new markets to its portfolio: Latvia, Lithuania, Croatia […]

Alice Nichita, President of the National Soft Drinks Association (ANBR), will be a speaker at BR’s upcoming re:FOCUS on eCommerce, Retail & Logistics where she will be part of the closing panel, dedicated to retail & logistics’ biggest challenge of 2022, the implementation of a functional Deposit Return System.   After a long experience in consulting, government relations, […]

Julia Leferman, General Director of the Brewers of Romania Association, is set to become a speaker at BR’s upcoming re:FOCUS on eCommerce, Retail & Logistics where she will be part of the closing panel, dedicated to the Deposit Return System, retail & logistics’ biggest challenge of 2022.   Julia Leferman has more than 15 years of experience […]

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, grew to 3.29% a year on Wednesday (Feb 9) versus 3.22% a year on Tuesday (Feb 8), central bank data showed Wednesday.

Energy company OMV Petrom has an investment budget of nearly RON4 billion for 2022, significantly higher than RON2.8 billion in 2021.