Romania Feed

Every year on International Chefs Day, Nestlé runs an awareness campaign of the importance of a balanced diet and children‘s involvement in food preparation, to encourage healthy habits from early ages.   EUROSTAT statistics1 show that in Romania, 1 of 4 children is overweight or obese and only 40% of Romanians eat vegetables and fruits […]

Bento – Intellectually Curious, a Romanian entrepreneurial company specializing in developing and implementing software solutions and delivering IT and Cloud infrastructure services, announces the intention to float on the AeRO market of the Bucharest Stock Exchange (BVB). The company targets its shares, which will be available under the ticker symbol BENTO, to list on BVB […]

Romania's nuclear power producer Nuclearelectrica (SNN.RO) said in a stock market report Wednesday that it concluded with Societatea Enel Energie Muntenia an annex to a contract which stipulates the wholesale energy sale in the amount of RON249.5 million between January 1, 2021 and December 31, 2022.

Sustainable financial products have been booming for a while now. And there’s a good reason for that: green finance products not only offer opportunities for attractive returns but also give investors the chance to serve a higher purpose when investing, changing the economy and society for the better. Prof. Otto Randl, Academic Director of the […]

British American Tobacco (BAT) announced that it had signed up to the United Nations-backed Race to Zero campaign, committing to net zero emissions by 2050.

Startup Smart Fintech, launched two years ago by Mihaela Georgescu, Ana Maria Georgescu, Alexandru Cociu and Andrei Dumitru, marks a new premiere in Romania, becoming the first third-party provider (TPP) licensed on both open banking segments.

Schneider Electric, leader in digital transformation of energy management and automation, contributed to the modernization and equipment of the Athenee Palace Hilton hotel in Bucharest with its latest solutions for the comfort and safety of guests.   Owned by the group with 25 years of experience in the hotel industry, Ana Hotels (as majority shareholder) […]

Medical operator Medima Health, specialized in medical imaging and radiology, ends its first year of activity on the Romanian market with six operational clinics across the country, following investments of over EUR7 million.

Nuclearelectrica (SNN.RO), the only nuclear energy producer in Romania, is the first Romanian company to join the World Economic Forum as a member in two strategic areas: Platform for Shaping the Future of Energy Materials and Infrastructure and the Partnering Against Corruption Initiative.

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, continued its upward trend on Wednesday (October 20) and reached 2.25% a year, after stagnating at 1.20%-1.21% a year for five days, per central bank data.

Craiova-based Softronic, Eastern Europe’s only factory producing electric frames and locomotives, delivered four electric locomotives to Sweden’s rail freight carrier Green Cargo and expects reception for two other electric locomotives in the same country, Radu Zlatian, the company’s development-research manager, told ZF.

Agricultural cooperative Nucul de Aur, based in Suceava and made up of 20 fruit and vegetable producers of Suceava, Iasi, Botosani and Vaslui counties, has finalized RON5.8 million investments in a dehydrated fruit plant funded from EU funds and a banking loan.

Parmalat Romania, the producer of Santal fruit beverages, part of French group Lactalis, in 2020 generated turnover worth RON51.4 million (EUR10.7 million), down 13% year-on-year, in line with ZF calculations based on Finance Ministry data.

Bento-Intellectually Curious, a Romanian entrepreneurial company specialized in developing and implementing software solutions and providing IT and Cloud infrastructure services, intends to list its stock on the AeRo market of the Bucharest Stock Exchange by yearend.

Online home deco retailer Bonami, part of Czech group Miton, in the first half of this year registered a 10% sales increase in Romania against the same period of 2020 and the company is now readying for the holiday period for which it expects sales of around EUR4 million.

Parcel delivery company Cargus expects the revenue to be the same as last year, one of the best for the local parcel delivery industry. However, the coming period could have a significant impact on the final results, considering the busiest time of the year for such companies is just around the corner.

The opening of more and more infrastructure construction sites has led to builders buying specialized trucks for them and the segment drove up the heavy vehicle market, especially after a 2020 that affected transport truck sales worldwide.

The board of directors of chemical industry company Chimcomplex (CHOB.RO) has approved calling an Extraordinary General Meeting of Shareholders for November 26 to seek approval for raising the maximum share buyback price from RON15 to RON30, a report sent to the Bucharest Stock Exchange on Tuesday says.

The 49 million euro transaction was signed between SAP, a market leader in the business software industry, and Park Lane Developments, part of Lion’s Head, an investment and asset management platform which is also present on the Romanian market. Lion’s Head has EUR 350 million of assets under management and a portfolio of Class A […]

PlanRadar, the European technology leader for the digitization of documentation and communications in real estate, construction, and engineering projects, announces the official launch of its services in Romania.   Founded in 2013, Austria-based, PlanRadar digitizes construction and real estate projects in over 55 countries. Working worldwide with key players in construction companies, construction suppliers, real […]