Romania Feed

Mihai Marcu, CEO and chairman of private healthcare services provider MedLife, says the company’s 2022 investment budget stands at EUR100-120 million.

Austria’s HS Timber Group (the former Holzindustrie Schweighofer) will shut down the solid wood panel plant of Siret and the timber plant of Radauti at end-March, with 600 employees due to be affected.

Bringo Magazin, which operates the Bringo delivery platform, posted almost EUR10 million (RON47 million) revenue in 2020 (the last year with publicly available data).

Romania’s Competition Council said it was looking into a transaction whereby Poland's Unilink had joined the shareholding structure of Safety Broker in December 2021, the main insurance broker on the Romanian market.

The evolution of the internet brought many changes to the way we interact and do business all over the world. One of the things that came with this evolution is social media. Today, many companies are run through one or more social media platforms. Hence, online marketing is such a hot subject and should be […]

The three most important trends that will define the local training market in 2022 are adapting the courses to the new hybrid way of working, the design of learning experiences that support retention and well-being of employees, and micro-learning. On fourth and fifth places is the ability to work with data for decision making and […]

Real estate consulting firm JLL has announced a new addition to the local team of Tétris Romania by recruiting Vlad Stanislav as Managing Director.

The financial startup scene is growing rapidly right now in Europe, not only in terms of raised money and the old, very established financial market and its institutions provide a stable foundation for innovative startups that shake up the industry, according to Alex Emeshev, Vivid Money, the Berlin-based financial platform launched recently in Romania. Furthermore, […]

Romania's competition authority said it has approved the takeover of local healthcare services provider Life Line - Medical Center by Centrul Medical Unirea (CMU).

Sustainability is key in future developments, strongly believes Tinu Sebeșanu, CEO Impact Developer & Contractor. To find out more about what is to be expected in Romanian real-estate market, Business Review sat down with the CEO of one of the latest Romanian unicorns (Romanian companies with a market capitalization of over RON 1 billion).   Last year […]

SAI Patria Asset Management, a company of Patria Bank Group, ended 2021 with total assets managed of RON102.6 million, up 117% compared to the end of 2020, and launched a trading platform that allows clients online access to investment funds.

Monza Romania Group, held by Italy’s Policlinico di Monza, which operates four hospitals in Romania, ended last year with EUR62.5 million revenue and expects EUR70 million revenue in 2022, its officials said.

CEO confidence in the global economy’s growth prospects is at a ten-year high globally, according to the 25th PwC CEO Survey. Of the respondents, 77% expect the global economy to improve in 2022 compared to 2021.

AROBS Transilvania Software (AROBS.RO), a Romanian IT company that provides software services and solutions, benefits as of Tuesday (January 18), a month after its listing, from the Issuer's Market Maker (IMM) services provided by BRK Financial Group (BRK.RO).

EMI, a company operating integrated solutions and services for industrial access, together with Morphosis Capital, announced the formation of an Advisory Board composed of four top executives in the Romanian business environment.

Agroland Business Systems (AAB.RO), the most extensive farming store chain in Romania held by businessman Horia Cardos, has attracted RON14.7 million from investors and finalized the share capital increase operation.

Real estate consultancy company JLL announces a new addition to the the local Tétris team by recruiting Vlad Stanislav as Managing Director.   Tétris is a subsidiary of JLL that was launched on the Romanian market in 2020 and is based on the idea of offering customised space design solutions (turnkey fit-out) for offices, homes […]

OTP Bank, the largest banking group in Hungary, also present in Romania, has appointed Bogdan Spuza to the position of Chief Executive Officer (CEO) of its division in the Republic of Moldova, according to data from bank representatives.

Silk Tea launches its first products on Kickstarter, through a start-up campaign. Elegant and subtle, the new tea embodies 15 years of research, reinvention, and expertise. Numbered from 1 to 500, Silk Tea Experience tea boxes offer an exclusive opportunity to own a unique, innovative product with history.   A limited-edition private collection, the offer is […]

INKI is the world’s first all-inclusive Device-on-Demand service for companies, making it easy for them to rent equipment such as laptops, tablets and phones. INKI transforms the ownership and management of these devices into a monthly subscription which includes maintenance, insurance and data security, as part of the service. Thanks to the flexible contract, the […]