Romania Feed

ACT si Politon publishing house posted more than RON2.5 million sales in the first half, an increase of 10% on the year-ago period, after having launched 27 new titles, 18 of which as audiobooks, too.

Sameday Romania collaborates with Vodafone Romania to continue its innovation journey. Vodafone Romania is a partner in providing complete digitization solutions to automate and improve operational flows of the courier company, which ensures increased efficiency of the entire process, from sorting shipments up to delivery. All implemented solutions are connected to a single platform that […]

Romania’s current account balance ended January-August 2021 with an EUR10.1 billion deficit, 55% higher than the EUR6.5 billion in January-August 2020, Romania’s central bank data show.

Domestic company ABN Systems International, owner of Tellur brand and an integrator and distributor of electronic equipment and telecom accessories, wants to boost its exports and enter new markets, such as India, Turkey, Middle East countries and the former URSS, next year.

Romania’s total external debt increased by EUR8.4 billion to EUR135.2 billion in January-August 2021, of which direct public debt accounted for EUR60.7 billion, EUR3.46 billion more than at the end of last year, when it stood at EUR57.3 billion, Romania’s central bank data released on Thursday show.

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 Thursday (October 14) and reached 2.15% a year, from 2.13% a year on Wednesday (October 13).

The management board of Visual Fan (ALW.RO), the company that owns electronic devices brand Allview, approved the company’s share capital raise by RON550,000, via the issue of 5,555,500 new shares with a face value of RON0,1/share.

Tiriac Group used EUR3 million of its about EUR30 million investment budget for Tiriac Tower for projects intended to curb carbon emissions such as bike racks and lockers with showers for those choosing to commute to work by bike. It also installed nine EV quick charging stations.

AROBS Transilvania Software, a Romanian IT company controlled by entrepreneur Voicu Oprean of Cluj, announced it plans to list on the AeRO market of the Bucharest Stock Exchange (BSE).

Furniture retailer Mobexpert, controlled by entrepreneur Dan Sucu, in 2021 started to open smaller stores with which it wants to cover major cities outside Bucharest.

Consumer goods sales rose by 13% in the summer of 2021 against the same months of last year. Bucharest and Ilfov posted half this pace, reveals an analysis by RetailZoom market research firm.

Real estate developer Akcent Development plans to carry out investments on several already acquired land plots, both in district 1 and district 6 of Bucharest.

DGH Log & Sped forwarding company, one of the biggest domestically, posted two-digit turnover growth in the first nine months of this year and estimates it will end 2021 with an increase of around 18%, according to the company’s officials.

Cluj-Napoca-based cigarette wholesaler Punctual Comimpex, owned by entrepreneur Vasile Muresan, in the first half of this year posted turnover worth RON396.6 million (EUR80.1 million), up 24% from the year-earlier period.

McDonald’s posted almost EUR110 million revenue in the first half, an increase of 38% on the year-ago period.

Metropolitan Life, the second largest life insurer in Romania, posted RON255.9 milion gross written premiums in the first half, an increase of 31% on the RON195.2 million of the year-ago period.

The world can accelerate urgent climate action and halve carbon dioxide (CO2) emissions by 2030, according to Schneider Electric, the leader in the digital transformation of energy management and automation, recognized as the World’s Most Sustainable Corporation in 2021 by Corporate Knights. Kicking off the Innovation Summit World Tour 2021, Schneider Electric Chairman and CEO Jean-Pascal Tricoire’s keynote advocates […]

The logistics group CHEP, leading pallet pooling supplier for the European supply chain, announces the appointment of Gabriel Ivan as the Country General Manager for Romania and Bulgaria after three years of his success in leading the development of the local subsidiary.   In this expanded role, Gabriel Ivan will help advance supply chain collaboration […]

NEPI Rockcastle, the largest investor and developer of shopping centers in Central and Eastern Europe, has obtained the building permit for the residential project to be developed in the vicinity of the Vulcan Value Center, in Bucharest’s 13 Septembrie area.