Romania Feed

The year 2020 came with good things, too, one of which was the decline in personnel turnover in the local outsourcing industry, says Vladimir Sterescu, country manager of CGS Romania, a provider of outsourcing services on the local market.

TeraPlast Group, with its two Plastics and Steel Divisions, exceeded the turnover of RON1 billion in 2020 and its net profit doubled, to RON79 million, company representatives said Thursday.

Family businesses are optimistic about their recovery over the next two years, with 86% anticipating a return to pre-pandemic growth rates by 2022, according to PwC's Family Business Survey.

Ford’s Romanian assembly plant in Craiova could produce electric vehicles in the coming years, in the context of Ford of Europe’s new strategy to reduce carbon dioxide emissions.

Online retailer evoMAG, held by entrepreneur Mihai Patrascu, ended 2020 with sales of over EUR32 million, up 43% on the year.

The number of company insolvencies in Romania reached the lowest level of the last five years. In 2020, over 5,500 companies went insolvent, 13% fewer on the year, and the bulk of insolvencies were in the wholesale sector in 2020 per the latest survey by Coface Romania, Ziarul Financiar (ZF) reports.

TDCX, a leading provider of business process outsourcing (BPO) services based in Singapore, is opening in Bucharest its first office in Central and Eastern Europe and the second in Europe, after launching operations in Spain two years ago.

In the context of Covid – 19 pandemic and with the amount of time spent at home having increased in the past year, together with the increase of Romanians` purchasing power, the Bucharest residential market is undergoing an effervescence period. Developers active in Bucharest are investing a total of 1 billion euros in middle & […]

Managers’ confidence in the Romanian economy has increased in Q4/2020, in conditions in which the decrease in turnover is half compared to the pessimistic expectations at the beginning of the pandemic, according to CONFIDEX Q4 2020 results made public by Impetum Group. CONFIDEX index, which measures managers’ confidence in the economy, grows from 41 in […]

Jorg Riommi, Chief Creative Officer Central Eastern Europe & Romania, Publicis Groupe, was selected as a jury member for D&AD Awards 2021, one of the most prestigious competitions in the design and advertising field globally. Following the global PR success of Burger King’s Moldy Whopper, winner of a Integrated PR Black Pencil last year, Jorg […]

TDCX opens its second European campus following the successful launch of its Barcelona operations almost 2 years ago. The new campus will be their first in Eastern Europe; in Bucharest, Romania. For TDCX the move signifies their continuous ascent from Asian region award winning BPO to a global leading business services provider to the world´s […]

Cognizant Softvision, one of Romania’s largest technology employers, today announced a new initiative that enables current and future employees in Romania to work anywhere in the country. Beginning immediately, Cognizant Softvision is providing all employees the flexibility to work in one of Cognizant Softvision’s five existing software design Studios, remote from home, or wherever they […]

The idea of franchising has become popular for a lot of reasons, owing to advantages that both franchisors and franchisees enjoy. If you’re contemplating the idea of franchising your business or buying a franchise, here are a few advantages to help you understand why hundreds of thousands of people choose franchising over starting a new […]

There are only 1,000 km of highway in Romania, scattered in Transylvania and in the south. That is why all CNAIR projects are based on the commitments we have made to the EU to be integrated through the motorway network,” says Mariana Ionita, general manager of CNAIR, at Re:Focus on eCommerce Retail & Logistics 2021 […]

Prima Development Group, a real estate developer based in Oradea, plans to finish the construction of 640 apartments in Bucharest and Oradea and expand its presence in Bucharest with three new projects, totaling over 2,500 housing units.

The year 2021 had a very dynamic start in terms of staff recruitment, with increased demand for staffing in retail, tech, pharmaceuticals, logistics and transport, said Florin Godean, country manager of Adecco Romania, the leading temp staffing recruiter in Romania.

Auchan and Glovo have concluded a partnership whereby over 4000 products sold in the 33 Auchan hypermarkets can be ordered online, via quick delivery service application Glovo, across all 18 towns and cities in which Auchan has stores.

With Spring lurking just around the corner, and with it the first bi-annual edition of BR’s HR conference Working Romania #futureofwork, we wanted to catch an early preview of the Romanian labor market and HR services in 2021, so we tuned in with Florin Godean, Country Manager of Adecco Romania, for an in-depth breakdown of the […]

Romanians bought RON261.9 million (EUR54.1 million) worth of dermo-cosmetics at retail prices in 2020, down 2.7% compared with 2019, a market report by Cegedim Customer showed Wednesday.

Hervis is one of the first companies in Romania that adopted, five years ago, the multichannel concept in retail. „The first challenge in the pandemic was when all our stores were closed and the staff had to adapt to the increased volume from online”, said Catalin Pozdarie, CEO of Hervis Sports Romania at Re:Focus on […]