Romania Feed
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ZF English - 14:05 Oct 23, 2023
End-user spending on cloud services has grown approximately 30% in 2023 compared to 2021, globally, despite a diverse range of offerings, as per an analysis by a local branch of a pre-owned software broker in Central and Eastern Europe. -
ZF English - 12:39 Oct 23, 2023
EVconnect, one of the most extensive electric vehicle (EV) charging station networks in Romania and a partner of EVBox, has installed another 20 fast charging stations in filling stations in the western part of Romania. -
ZF English - 11:58 Oct 23, 2023
82% of companies in Romania see advice during tax raids as being important or very important, as per a survey commissioned by Nowium, a major provider of integrated fiscal and legal consulting services. -
ZF English - 11:47 Oct 23, 2023
Hidroelectrica (H2O.RO), the largest company at the Bucharest Stock Exchange and the most profitable state-run firm, has signed the documents for the commissioning of hydro unit 1 (HA1) within the Slatina hydropower plant, which is an important objective in the company’s portfolio. -
ZF English - 07:02 Oct 23, 2023
Greek group Alpha Services and Holdings, which owns Alpha Bank, and Italian group UniCredit have agreed the main financial conditions for the merger between Alpha Bank Romania and UniCredit Bank Romania, as part of an international strategic partnership. -
ZF English - 06:45 Oct 23, 2023
The top position on Romania’s DIY market is the next objective France’s Leroy Merlin wants to achieve, said Mathieu Bauduin, CEO of the retailer, in an interview with ZF. -
ZF English - 06:35 Oct 23, 2023
Freight carrier Sorcani, controlled by entrepreneur Mircea Barbu and founded in 1993, one of Romania’s most dynamic transport companies, ended the first nine months of 2023 with 20% higher turnover than in the same period of 2022. -
ZF English - 16:40 Oct 20, 2023
HTEC Group, a global technology services, consulting and software company based in San Francisco, on Friday announced inauguration of a center of excellence for engineering in Cluj and is to expand to two other cities of Romania, Iasi and Timisoara, soon. -
ZF English - 14:10 Oct 20, 2023
Infinity Capital Investments (SIF5.RO, the former SIF Oltenia) has notified the local capital market of the latest transaction conducted by Gravity Real Estate One, indirectly controlled by Gravity Capital Investments and subsidiary of the Infinity Group. -
ZF English - 09:15 Oct 20, 2023
Romania remains 14th in the European Union in terms of new car registrations in January-September, 110,711 units, an increase of 16.2% on the year-ago period, 11,759 of which full electric and 32,597 hybrid cars, data from Romania’s and Europe’s carmaker associations (ACAROM and ACEA) released on Friday show. -
ZF English - 07:53 Oct 20, 2023
Bucharest, Brasov and Arad will get new hotels under international brands as of 2024. The local market will add more than 580 rooms in such hotels from various brands. -
ZF English - 23:22 Oct 19, 2023
Auchan Romania, one of the leading actors in the local food retail sector, continues its development on the convenience store segment by opening the seventh large supermarket in its network. -
ZF English - 22:45 Oct 19, 2023
Footwear retailer Benvenuti, held by local entrepreneur Dan Pavel, has inaugurated the 47th store in Romania and the sixth in capital city Bucharest, within Bucuresti Mall. -
ZF English - 22:19 Oct 19, 2023
Hypermarket chain Kaufland, owned by German group Schwarz, has inaugurated its second hypermarket in the town of Alba Iulia, reaching a network of 170 stores in Romania. -
ZF English - 22:01 Oct 19, 2023
Romania’s state-owned natural gas producer Romgaz (SNG.RO) on Thursday (Oct 19) informed the shareholders and investors that its Board of Directors approved the establishment of Buzau-Caragele branch. -
ZF English - 21:30 Oct 19, 2023
Romania's Finance Ministry raised RON326 million from banks on Thursday (October 19), below the targeted level of RON500 million, selling treasury bills maturing in July 2034, at an annual average yield of 7.22%. -
ZF English - 21:21 Oct 19, 2023
Outsourcing service provider Genpact Romania, the local division of India’s Genpact Group, is expanding its local foothold by opening a hub in the north-eastern city of Iasi, where some 100 people already work. -
ZF English - 19:26 Oct 19, 2023
Code Crafters, the technology company of Banca Transilvania Financial Group, continues to expand its portfolio of solutions used in the banking industry, by both boosting its team and diversifying the technologies used. -
ZF English - 18:16 Oct 19, 2023
US-held windshield wiper manufacturer Trico is expanding its logistics space in Romania by almost 12,000 square meters in Prahova County, where it already owns a warehouse. The owner of the space is industrial and logistics space developer WDP. -
ZF English - 16:10 Oct 19, 2023
Employers have put more than 62,000 part-time jobs on the market since the beginning of the year, an increase of 10% on the year-ago period, even though part-time jobs are still subject to the same taxation as the minimum wage.