Romania Feed

PayU, the leader in online payments in Romania, estimates that in this year’s edition of Black Friday, which begins on November 12th, in e-commerce market, products and services worth almost RON 500 million will be purchased and paid online. Thus, we can expect an increase of about 12% in the volume of online payments compared […]

In the course of its Digital Day to be held today in Paris, Carrefour is presenting the key drivers of its 2026 digital strategy and the related value creation objectives. This strategy is based on Carrefour Group’s unique and decisive assets, resulting from the deep transformation carried out since 2018.   The strategy is built […]

Sonae Sierra has been recognized by GRESB Real Estate Assessment as Green Star for 13 consecutive years, achieving the highest possible rating of 5 Stars for both Sierra Prime and Iberia Coop funds in 2021.   Sierra Prime hold the second place in the Southern Europe shopping centre core category and Iberia Coop coming third […]

Skanska, one of the biggest developers of sustainable office buildings and the Holcim Romania Group, one of the largest producers of building materials announce their strategic collaboration that aims to accelerate the transition to a greener built environment.   The partnership is based on the mutual engagement of both companies to accelerate the transition to […]

Workflow is a significant and mandatory business component. It’s an aspect of business success in the modern business world. Organizations are migrating from manual business processes and investing in workflow automation systems to improve productivity. Employees are highly embracing the system though it threatens their existence at work. However, workflows are not here to eliminate […]

Romanians are inclined to tend to buy more online amid the restrictions and social behavior changes triggered by the COVID-19 pandemic, according to the Google “Smart Shopper” survey conducted in summer 2021.

Romania’s Competition Council has approved the transaction whereby life and health insurer Signal Iduna Asigurare Reasigurare SA is acquiring insurance companies Ergo Asigurari SA and Ergo Asigurari de Viata SA.

GreenWEEE International, market leader in the industry of electrical and electronic waste recycling, on Wednesday (Nov 10) announced plans for the third recycling plant.

Ethereum is the second-largest cryptocurrency by market capitalization right after Bitcoin in the market. The founders claim that Ethereum is a decentralized financial system built on blockchain, not just a medium of exchanging or storing value on the Internet. The article below will provide basic information about Ethereum and the difference between Ethereum and Bitcoin. […]

The unemployment rate in capital Bucharest stood at 1.17% at end-September 2021, lower by 0.85 percentage points compared with 1.18% in August 2021, data from Bucharest’s employment agency showed Wednesday.

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 2.55% a year on Wednesday (November 10) from 2.48% a year on Tuesday (Nov 9), per central bank data.

Romania's annual inflation rate kept its upward trend in October 2021, climbing to 7.9%, higher than 6.3% in September 2021, data from the country's statistics board showed Wednesday.

Morphosis Capital, a private equity fund with EUR50 million subscribed in Romanian SMEs, announced it clinched the investment in Cronos Med, in the wake of which it will forge a partnership with Constantin Stan, founder of the medical aesthetics clinics, and Andreea Berecleanu, a minority stakeholder, with a view to expanding the business.

Photo and video equipment retailer F64 is actively seeking an investor that should grasp the importance of a niche player and help it grow at a faster pace, explained Marian Alecsiu, founder of F64.

Valentin Morar, founder and a stakeholder in Wallberg real estate developer, further banks on Timisoara and Brasov and wants to enter Bucharest’s housing market and also the logistic segment.

Constantin Dulute, one of the most powerful Romanian entrepreneurs, known for his agricultural businesses, who now owns Vinicola Averesti business, plans to operate 50% of wine sales abroad in the coming years.

Vlad Alexandru and Cristina Sucu, two entrepreneurs owning two play spaces in Bucharest under the name of Kiddo Smartplay, are set to open the third such space, under the name of Hype Arena by Kiddo.

Electric and hybrid car registrations reached 20.5% of the total new cars in October, data from the Automotive Manufacturers and Importers Association (APIA) show.

Romanian software developer TARA Interactive seeks to double the number of employees by mid 2022 and plans to hire 30 people for its Bucharest and Chisinau offices, the company said in a release.

Autonet Group Holding (AGH), part of Switzerland’s Swiss Automotive Group (SAG), has started construction works at its new robotized distribution center located in Moldovenesti, close to the town of Turda (Cluj County), within an investment of EUR30 million.