Romania Feed

Car parts producer Preh Romania, a supplier of Porsche, Mercedes and BMW, in the first half of this year reached EUR126 million turnover and expects turnover to revolve around EUR220 million in 2021. Preh Romania in 2020 generated EUR236 million turnover.

Home appliances manufacturer Electrolux in 2021 invested in a new technology in the category of induction hobs, resulting in a boost to production capacity, to 1 million items.

The 6th edition of BR’s Working Romania is here, so tune in with a great roster of speakers exploring the HR trends of 2022 and sharing valuable insights into the #futureofwork! The event goes live at 10 AM.   For an enhanced experience, the Autumn 2021 edition of Working Romania will be streamed through the […]

Distribution and logistics company Aquila Part Prod carried out a share capital increase of RON367 million (EUR74 million) following the completion of an initial public offering (IPO).

The network of veterinary medical services and pet products Mobile Pet & Mobile Vet expands with two new locations in Bucharest, of about 141 square meters and 137 square meters, to be opened in December and next year, respectively, two transactions intermediated by real estate consulting company Cushman & Wakefield Echinox.   Also, Mobile Vet […]

The Transylvanian winery Villa Vinèa announces the launch of Rosé Celést Brut 2019, the first rosé sparkling wine in its portfolio. The wine, made entirely from Pinot Noir grapes, joins in range the already known Cuvée Celést, the sparkling wine which has received, over time, a series of recognitions from oenologists, out of which a […]

2020 saw, for the first time in 14 years, an increase in the rural population in Romania. Working from anywhere and social distancing have led to a population migration trend towards quieter areas in the suburbs or in localities around big cities, with important effects on the residential market, according to Colliers Romania consultants. The […]

TeleDoc, one of the largest telemedicine providers in Eastern Europe, aims to get involved in the struggle against COVID-19 and provides 5.000 subscriptions, each valid for one week, so that Romanian patients can easily get in touch with a doctor. In case of need, the doctors from myTeleDoc app can address most of the common […]

Romania had the biggest economic growth in the European Union in the third quarter of 2021, with a year-over-year increase of 8% in seasonally adjusted data, considering that the EU average was 3.9%, data from Eurostat, the statistical office of the European Union, showed Wednesday.

Mobile Vet & Mobile Pet, a network of veterinary clinics and pharmacies, is expanding with two new units in capital Bucharest.

Vivid, the all-in-one financial platform, today announces its launch in Romania. Bringing the high financial awareness and an equal possibility to every Romanian user, is one of Vivid’s top goals. Vivid enables everyone to have access to financial services, without unnecessary surcharges. Romania is the 7th country where Vivid lands, after having already successfully launched […]

Schoenherr si Asociatii SCA advised Aquila Part Prod Com on the successful completion of an initial public offering (“IPO”) for the sale of some 66.6m new shares, for a total price of approx. EUR 74m.   The funds raised will be used to acquire FMCG/distribution companies, strengthen the company’s work capital, invest in digitalisation projects, […]

Romanian real estate developer Genesis Property joins the UN Global Compact initiative and becomes the first commercial real estate owner and developer in Romania to enter the United Nations global community for sustainability and durable development.

The coronavirus pandemic has intensified the migration of a large part of Romania’s population towards suburbs or localities around big cities, a trend that will maintain on the medium term, with direct impact on the development of the residential market, per an analysis by real estate consulting firm Colliers.

CBRE, the leader of the real estate consultancy market, advised TOPBAND Europe in the leasing process of a 11,000 sq m area of industrial spaces in the Olympian industrial park in Timișoara. This transaction represents the entry of the Chinese company into the Romanian market.   „Our client, TOPBAND, solicited our expertise to identify the […]

Chinese company Topband Europe, which produces smart controllers for home appliances and electrical equipment, has leased 11,000 square meters in the Olympian industrial park in Timisoara (western Romania) and marks its entry on the Romanian market.

Michael Topolinski made his first Real Estate investment in Romania in 2006. What was initially just business eventually became the milestone for a new life for himself, his children – 29-year-old Michael IV, Ashton (25) and Tyler (27), and his mother Edith (79), the latest from the family to move to Romania.    “I’ve been […]

S&T, one of the largest IT&C solutions integrators in Romania and part of Austria’s S&T Group, has made a new acquisition on the local market, respectively Enterprise Concept, a company specialized in business process automation.

Swedish-held Oresa, which earlier this year ventured into real estate by acquiring the Solo Iasi logistics and industrial park from the Tester Group, has brought Muler Onofrei onboard as co-managing director of the real estate unit, the investment firm announced.

London Stock Exchange Group Romania announces the growth of the local team with 100 new roles for specialists in a wide range of technologies and data services that serve the three divisions of the company: Data & Analytics, Capital Markets and Post Trade.   The announcement comes at a moment when LSEG Romania is close […]