Romania Feed
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ZF English - 10:42 Jan 06, 2022
New vehicle registrations in Romania fell by 4.1% in 2021 compared to 2020, but electric vehicles soared by 109.1% reaching a 15.5% market share, data from the Automotive Manufacturers and Importers Association (APIA) showed Thursday. -
ZF English - 08:59 Jan 06, 2022
Egger Romania, part of the Austrian supplier of wood-based material for furniture industry and interior decorations, construction and flooring Egger, in 2021 earmarked over EUR16 million for investments meant to improve technological processes at the plant of Radauti, Suceava county. -
ZF English - 08:48 Jan 06, 2022
Retail turnover, the most important private consumption indicator, in the first 10 months of 2021 rose in gross series by 11.1% against the year-earlier period, with this being the second best performance after 2008, after the 13.5% increase of 2006. -
ZF English - 08:20 Jan 06, 2022
Mihai Nica, co-founder of Tehmag, a company that sells industrial machines, says he plans to start production of Bielda industrial machines in Romania in 2023. -
ZF English - 08:10 Jan 06, 2022
Romanian-held pharmaceutical products manufacturer Biofarm, the fifth largest player on this market by turnover, plans to add internally-developed products to its portfolio, especially as the company in 2021 opened a new production unit in Bucharest. -
ZF English - 07:58 Jan 06, 2022
Laura Teposu, CEO of Libris, a major player on Romania’s book market, says it’s very hard at this moment to budget for a construction amid soaring raw material prices. Her statement comes as Libris wants to build a new 5,000-sqm book warehouse, similar with the existing one. -
ZF English - 07:49 Jan 06, 2022
Raul Ciurtin, founder of Prefera Foods, a major player on Romania’s canned food market, plans to bolster the value of exports, now weighing 4% in turnover, to 30% of total revenues. -
ZF English - 18:39 Jan 05, 2022
ABN Systems International, an entrepreneurial company that distributes IT&C products and accessories and owns the Tellur brand, has raised RON5.5 million from investors through an IPO, the first on the AeRO market, which started on December 15, 2021 and closed on January 4, 2022. -
ZF English - 17:58 Jan 05, 2022
The year 2022 will bring only 138,000 square meters of office space to Bucharest’s office space market, almost half the volumes of 2021, as developers slowed down due to the pandemic. -
Business Review - 14:22 Jan 05, 2022
Deciding to take out a bridging loan should not be done without prior planning and forethought. It also requires lots of research to ensure that a bridging loan is the best option for you. To help you understand the process, we’ve listed the three key factors you should consider when it comes to bridging loans. […] -
Business Review - 14:09 Jan 05, 2022
Artists produce things for the purpose of aesthetics, which was not previously appreciated in the practical realm of commerce. However, times have changed. The economy is now brimming with chances and gigs for artists all around the world. There are several creative art business ideas available, but some have the potential to be more […] -
ZF English - 14:03 Jan 05, 2022
France’s multinational, multifaceted, marketing and communications giant Publicis Group has acquired Bucharest-based Tremend, one of the largest independent software engineering companies in the region of Central and Eastern Europe. -
Business Review - 14:01 Jan 05, 2022
With Bitcoin having experienced a huge year that provided a number of twists and turns throughout 2021, there will be many questioning what 2022 can offer cryptocurrency and the entire industry over the course of the next 12 months. As everyone will already know, crypto is incredibly volatile, thus making it extremely hard and […] -
ZF English - 12:40 Jan 05, 2022
One United Properties (ONE.RO), a real estate developer of premium residential projects in Romania, benefits from the Issuer Market Maker (IMM) services provided by Raiffeisen Centrobank starting January 3, 2022. -
ZF English - 12:22 Jan 05, 2022
Real estate developer Hagag Development Europe established the company Hagag Privighetorilor 35 at end-2021, per data released on Friday (Dec 31, 2021), and is looking at buying a plot of land of over 18,000 square meters in northern Bucharest. -
ZF English - 08:57 Jan 05, 2022
China-held Oppo, one of the world’s biggest players on the smartphone market, which officially entered Romania in mid-2020, at the end of 2021 saw its sales triple against the first month of the same year. -
ZF English - 08:47 Jan 05, 2022
Romanian National Air Transport Company Tarom last year generated revenues worth RON958 million, up almost 170% against 2020, in line with the adjusted revenues and expenditures budgeted published in the Official Gazette in December 31, 2021. -
ZF English - 08:16 Jan 05, 2022
Aqua Aurum Distribution, the company managing mineral water brand Aur’a Mineral Water, in 2021 posted turnover worth above RON1 million, down 6% on the year. -
ZF English - 08:06 Jan 05, 2022
2022 is expected to be the year Romania’s modern retail will witness the quickest expansion so far, with over 500 new units and investments of at least EUR1 billion. -
ZF English - 07:54 Jan 05, 2022
Bookstore chain Diverta, which entered insolvency at its own request in mid-2021 amid the pandemic, has a restructuring plan made up of three main directions.