Romania Feed

The new definition of the relevant geographical market considered by the Romanian Competition Council might have a significant impact on the future acquisitions / consolidations on the Romanian pharma retail market. By Silviu Vasile (Senior Associate, Filip & Company)   At the end of 2020, the Romanian Competition Council published its perspective on the amendment of […]

The Globalworth Foundation inaugurates the first Hi-Tech Centre for future architects, within the “Ion Mincu” University of Architecture and Urbanism, Bucharest. Through this modernization and endowment project, with a value of up to 240,000 euros, the foundation aims to bring the prestigious university to a competitive European level from all perspectives: research, design and education. […]

Retailer Profi, held by investment fund Mid Europa Partners, opened Thursday in western city of Timisoara, the first two pilot stores called ProfiGo, which combine the functionalities of a proximity store with those of a convenience store.

The Romanian real estate investment market grew in 2020 despite the pandemic context and closed the year with a total value of investment transactions worth almost 900 million euro, which represents almost 8.5% of the total 10.4 billion euro investment volume recorded by the 6 largest countries in Eastern Europe, reveals Colliers in its latest […]

Romania's finance ministry on Wednesday raised EUR936 million from the local market, versus its EUR200 million target, selling a new issue of treasury bonds maturing in August 2026 at an average yield of 0.65%, central bank data showed.

Romania's finance ministry on Thursday raised 936 million lei (EUR192 million), versus its RON200 million target, selling a new issue of treasury bonds maturing in August 2026 at an average yield of 0.65%, central bank data showed.

Romania's finance ministry on Wednesday raised EUR309.7 million from the local market selling treasury bonds maturing in December 2023 at an average yield of 0.09%, central bank data showed.

Romania's finance ministry on Thursday raised 309.7 million lei (EUR63.5 million) selling treasury bonds maturing in December 2023 at an average yield of 0.09%, central bank data showed.

The Logiscool Romania programming school, leader in edu-tech programs for children starting the age of 7, digitalizes and automates its activity with the help of intelligent software robots through a technological partnership with the Romanian startup Tailent. The Robotic Process Automation (RPA) technology developed by Tailent allows Logiscool to streamline a wide range of operational […]

Romania’s insurance market reached a volume of underwritten gross premiums of RON11.5 billion in 2020, up 5% compared with 2019, according to Romania’s Financial Supervisory Authority (ASF).

By shifting their focus from digital transformation to digital maturity, managers can discover a few benefits for their organization. Digital maturity is a gradual process that evolves across the organization over time.   By Nicu Enache, Senior Digital Marketing Consultant at Grapefruit   What is digital maturity? Digital maturity isn’t just about a business’s reaction […]

MAM Bricolaj (MAM.RO), a supplier of materials and furniture accessories, held by the Gavan family, seeks to buy two plots of land located in Bucharest for EUR1.35 million.

Romania's gross domestic product is forecast to grow by 3.8% in real terms in 2021 and by 4% in 2022, the European Commission said in its Winter 2021 Economic Forecast released Thursday.

The Mumuso fashion brand, present in over 3,500 stores in 30 countries, is opening its fourth mono-brand store in Romania in the ParkLake shopping center in Bucharest, owned by Sonae Sierra, a transaction brokered by real estate consulting company Cushman & Wakefield Echinox.

Young job seekers have become more active in the past year but less inclined to experiment with jobs that lack employment stability, recruitment website eJobs metrics showed.

Parcel delivery company Cargus posted growth of 20% in sales volume last year. Its investments in a warehouse, logistics and IT&C upgrades reached EUR11 million.

The Romanian healthcare system was put to the test by the COVID-19 pandemic, and it came through. MedLife, the largest private healthcare services provider in the country, managed to both treat non-COVID patients as well as build new labs from scratch. To find out more, Business Review talked to its CEO, Mihail Marcu. By Aurel […]

Hidroconstructia, one of the largest builders in Romania, ended 2020 with about EUR100 million revenue and has more than 70 contracts in progress in Romania and abroad.

French-held Saint-Gobain and Ireland’s CRH are among those in talks with Romanian entrepreneur Daniel Guzu over the acquisition of construction material manufacturer Duraziv, ZF has found.

The average net salary in Romania grew 6.1% in nominal terms and 5.7% in real terms in December 2020 compared with November, to 3,620 lei (around $900 EUR743), mainly due to end of year and holiday bonuses, data from the country's statistics board showed Thursday.