Romania Feed

BRD-SocGen approved 1,861 applications within the government-guaranteed IMM Invest program in 2020, with the value of financing reaching RON930 million, per data presented by François Bloch, CEO of BRD Groupe Societe Generale (BRD.RO), the third largest bank in Romania by assets.

Liberty Steel Group, part of Sanjeev Gupta’s GFG Alliance, announced Wednesday it would appoint Prasanta Mishra as the interim General Manager of its Liberty Galati plant in Romania.

BR’s re:FOCUS on eCommerce, Retail & Logistics 2021 comes to conclusion after almost 3 hours of engaging and insightful talks! We hope you were inspired by the great ideas brought forward by our speakers. A big thank you goes out to all those who joined us online, and the speakers & partners of the event. […]

Property investments in Romania stood at nearly EUR900 million in 2020, accounting for 8.5% of the total investment volume in the six largest countries in Central and Eastern Europe, according to Collier's CEE Investment Scene Q1-Q4 2020 report.

Rondocarton, part of Austria’s Rondo Ganahl, the largest corrugated cardboard manufacturer in Romania, made EUR12.5 million investments last year, mainly in upgrading and automating its plants in Apahida, Cluj and Targoviste, Dambovita.

Czech online home deco retailer Bonami had sales of EUR10 million in Romania in 2020, nearly 60% higher than in 2019, driven by higher demand as people spent more time at home due to pandemic restrictions.

Romania’s exports rose 5.1% in December compared with the year-ago month, which shows the economy is slowly starting to recover.

Local pharmacy chain Tinos Farm will open two more pharmacies in the first half of 2021 to add to the 18 it already has in Bucharest and Ilfov, after having seen its revenue rise by 25% to RON47 million in 2020.

BRD Groupe Societe Generale (BRD.RO), the third largest bank in Romania by assets, on Wednesday reported a net profit of RON951.5 million for 2020, down 37% on the year.

Centrul Cultural Clujean (The Cluj Cultural Center) launches the Work Upside Down project, inviting artists interested in imagining the future of work. There will be selected 10 artistic proposals that explore the theme and that will be financed to up to EUR 6.500 de euro each. By Romanita Oprea   Through Work Upside Down, activity […]

re:FOCUS on eCommerce, Retail & Logistics goes LIVE on February 10, 2021, starting at 10:00 AM. The online event is committed to revealing the latest developments and future trends, while offering viable solutions to the current challenges of eCommerce, Retail & Logistics.   LIVE VIDEO (starting at 10 AM) The conference will bring together leading Retailers […]

When it comes to growing your YouTube presence, it’s very easy to get lost in the nuances of promotions and ads without addressing the key fundamentals and building blocks that can give you the results you so desperately want. When it comes to growing your account, you want views.   Views are your currency, and […]

Twitter is still a social media giant with around 330 million daily active users. That fact alone is pertinent to today’s brands, businesses, and influencers. With every single influencer, business, and brand on the platform working to build and grow their presence, it is important that you know how they do it and how you […]

MediHelp International, one of the foremost private health insurance providers in Central and Eastern Europe, is begining a new chapter with AXA Partners with support from AXA-Global Healthcare, both part of the AXA Group of one the world’s largest insurance companies. The purpose of this collaboration is to provide the most trustworthy insurance solution for […]

Pirelli was once again awarded gold, with its confirmation as Gold Class, this year in the Sustainability Yearbook 2021, which is published by S&P Global and takes into consideration the sustainability profiles of over 7,000 companies.    Pirelli was the only company of the auto components sector, worldwide, to obtain the “Gold Class Distinction”. The […]

Skanska invests EUR 45M in the second building of the Equilibrium office project located in the northern part of Bucharest, Romania. The 12-storey building will comprise of a total leasable area of 19,900 sqm and 229 parking lots above and underground. By Romanita Oprea   „Equilibrium, located in one of the well-known business areas of […]

Coffee shop chain Captain Bean, founded six years ago in Cluj-Napoca, ended 2020 with a 17-unit network, of which ten opened in 2020 in franchise, countrywide. In 2021, the founders of the business target an accelerated growth rate and target 50 new units, both franchises and own units, expecting a turnover of RON5 million.

PPF Real Estate, a developer and investor with real estate assets of over EUR2 billion globally, held by Czech billionaire Petr Kellner, signed six new lease contracts for office buildings Metropolis Center and Crystal Tower.

Climate change poses a huge risk to the future of food. At the same time food production and consumption are a major source of greenhouse gas (GHG) emissions. Nestlé will therefore halve its GHG emissions by 2030 to reach net zero by 2050. Net zero means that the company will drastically reduce its GHG emissions […]

Recomedica, the Romanian startup that offers guiding and online medical assistance, aims to draw EUR 300,000 from local investors through an equity crowdfunding campaign on SeedBlink, at a EUR  3,5 mil. valuation. Through this new round of investment, Recomedica’s founders aim to develop the Recomedica mobile app and gain the resources to launch their services […]