Greece | Romania Feed

Romania ranks 21st among the 27 EU member states in terms of GDP per capita expressed in purchasing power, respectively 22% below the EU average, beating Hungary, Croatia, Slovakia, Latvia, Greece and Bulgaria, in line with Eurostat data.

Softone Group, a leading business software provider in Greece and SE Europe, which operates in Romania via SoftOne Romania, has appointed Radu Opris the new Group General Manager International, the group said in a news release.

Greece’s PPC Group, which officially became the owner of all Enel companies in Romania in 2023, estimates Romania’s electricity demand will increase by 10% by 2030, which means additional investments in clean energy sources are needed to stimulate the competitiveness of the economy.

Venture Friends, an investment fund from Greece, is looking at the tech startup ecosystem of Romania to operate new investments and support innovative ideas, Apostolos Apostolakis, partner and co-founder of the fund, one of the first VCs that emerged on Greece’s market, told ZF.

Cargus, a major player on Romania’s courier services market, is expanding its foothold on the markets of Czechia, Slovakia, Germany, Hungary, Bulgaria and Greece after entering Poland, where it has a cross-dock operational facility for international players wanting to sell their products to Romanian consumers.

Flip Technologies, a Romanian startup which operates as a marketplace for refurbished smartphones, has expanded operations to Greece, after having previously entered Bulgaria and Hungary.

Greece’s PPC would complete the acquisition of Enel Romania in September, which will boost its customer number by 57% and the energy production capacity in operation by 14%, the group said.

Greece’s AVAX Group has signed a EUR673.5 million contract with Iraq’s Mass Group Holding (MGH) to design, build and make operational the combined cycle power plant in Mintia, near Deva, it announced.

Logistics and courier services company UPS has appointed Daniela Constantinescu to the position of Country Manager for its subsidiaries in Hungary, Greece, Romania and Slovenia (HUGRROSI).

The European investment platform for tech startups SeedBlink has opened an office in Athens, Greece, to complement the company’s expansion plans and continue its accelerated growth.   The recently opened Athens office will offer a range of investment instruments (such as Equity, Convertible loans, SAFE, ASA) and tech startup opportunities and market access solutions to […]

Greek company Entersoft, a major player on the business software solutions markets of Greece and southeastern Europe, has acquired the majority stake in BITSoftware, a renowned supplier of business software solutions in Romania.

The “Kickoff” for the realisation of the Floating Storage and Regasification Unit (FSRU) of Liquefied Natural Gas (LNG) in Alexandroupolis by Gastrade SA was formally given in a special ceremony that took place in the old Storage House of the Alexandroupolis Port Customs on Tuesday, May 3, 2022. The Prime Minister of Greece, Kyriakos Mitsotakis, […]

CRIF – a global company specializing in credit bureau and business information, as well as advanced digital solutions for business development and open banking – announces the acquisition of ICAP – the largest B2B Services Group in Greece, with a strong presence also in Romania, Bulgaria and Cyprus.    ICAP was established in 1964; in […]

TBI Bank, part of 4Finance Group, with activities in Romania, Bulgaria, Germany, Denmark, Sweden, Poland and Lithuania, is expanding its operations into Greece after it has recently obtained the approval of the National Bank of Greece.

TBI Bank, one of the most dynamic lenders in Eastern Europe, is entering the Greek market after obtaining approval from the Bank of Greece. This makes Greece the bank’s third main market of operations, alongside Romania and Bulgaria. Over the past 20 years, the Bank has developed unique know-how in the field of phygital all […]

Air passenger transport plunged by 73.3% in 2020 across the European Union, with Luxembourg, Bulgaria, Greece and Romania reporting the lowest decreases among the 27 EU member states, ranging between 65% and 70%, data from Eurostat, the statistical office of the European Union, showed on Monday.

Alexandrion group has expanded to Greece with alcoholic beverage import and distribution operations, a country where it takes 54 brands in 18 categories. The Romanian business therefore sells its own products and those of its partners.

Low-cost airline Wizz Air on Tuesday said it would launch two new routes from Cluj-Napoca to Chania in Greece and Catania in Italy.

Sergiu Oprescu, executive president of Alpha Bank Romania, was appointed president of the holding that manages the international network of banks of Alpha Bank Group in Greece.