Romania Feed
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ZF English - 05:59 Sep 22, 2023
Lavinia Ivas, CEO of perfumery and cosmetics retailer Douglas Romania, says the near future will be marked by fiscal and legislative unpredictability and the company she runs is already bracing for a challenging 2024. -
ZF English - 23:00 Sep 21, 2023
Ursus Breweries, the leader of the local beer market, has invested EUR2 million in an installation that uses energy efficiency technologies to recover heat energy from flue gas at its brewery in Buzau. -
ZF English - 22:18 Sep 21, 2023
Ţiriac Imobiliare, the real estate development division of Tiriac Group, has invested EUR50 million in a residential project in the Stejarii area in the northern part of capital city Bucharest. -
ZF English - 20:57 Sep 21, 2023
Coca-Cola Romania, the local division of The Coca-Cola Company, has appointed Mark Docherty to the position of Country Manager. -
ZF English - 20:08 Sep 21, 2023
The Foreign Investors Council (FIC) warns of the recent proposals for tax changes, which not only substantially change the tax legislation and introduce a series of new taxes or increases, but also cancel the fundamental principle of the Tax Code that granted a six-month period needed for businesses to adjust to the new rules. -
ZF English - 19:18 Sep 21, 2023
French executive François Bloch, appointed to run BRD-SocGen in 2016, is leaving his position on September 26, 2023, to pursue other opportunities inside the Société Générale Group. -
ZF English - 18:21 Sep 21, 2023
Romania's Finance Ministry raised RON1.33 billion from banks on Thursday (September 21), selling government paper in two auctions, at annual average yields of 6.83% and 6.87%. -
ZF English - 14:02 Sep 21, 2023
Low-cost carrier Wizz Air has announced on Thursday (Sept 21) a new route from Bucharest to Thessaloniki, starting October 30, 2023. -
ZF English - 11:46 Sep 21, 2023
Four out of ten employees in Romania are unhappy with their salary, according to the latest survey by online recruitment platform eJobs. -
ZF English - 11:30 Sep 21, 2023
Attracting and retaining talent are top concerns for employers around the world, yet more than one-third (35%) of employees are likely to quit their job in the next 12 months, with Gen Z (38%) and millennials (37%) the most likely to leave, according to the EY 2023 Work Reimagined Survey. -
ZF English - 10:24 Sep 21, 2023
Canada's Minister of Energy and Natural Resources, Jonathan Wilkinson, together with Romania's Energy Minister, Sebastian Burduja, announced Canada’s decision to support with 3 billion Canadian dollars the development of the project of Units 3 and 4 at Cernavoda Nuclear Power Plant (Cernavoda NPP). -
ZF English - 06:13 Sep 21, 2023
Daniel Baluta, mayor of Bucharest’s District 4, together with Giurgiu County Council, have started procedures for the construction of an airport in Bucharest’s south. -
ZF English - 06:04 Sep 21, 2023
The four-star hotel TTS Covasna, opened in 2016 in the wake of a EUR5.3 million investment by businessman Mircea Mihailescu (founder of Danube freight carrier TTS), in 2022 posted RON 8 million turnover and for 2023 expects a 5% increase, according to the company’s officials. -
ZF English - 22:40 Sep 20, 2023
Dacia, with a brand value of EUR1.06 billion in 2023, up 30% vs 2022, has recovered last year’s drop and overtaken eMAG, with a brand value of EUR877 million, down 15% vs 2022, to again become the most valuable Romanian brand, according to the latest report by Brand Finance, the largest global independent brand valuation firm. -
ZF English - 21:54 Sep 20, 2023
Romania's antitrust regulator said on Wednesday that it carried out unannounced inspections at Enel Romania, at the electricity distribution companies within Enel Group and at the electricity supply companies part of the Group. -
ZF English - 21:15 Sep 20, 2023
The Board of Directors of building materials holding company ROCA Industry (ROC1.RO) has reelected Ioan-Adrian Bindea as Chairman of the company's Board of Directors for a two-year period, from September 19, 2023 until September 17, 2025. -
ZF English - 20:50 Sep 20, 2023
Romanian technology startup theCoRD.ai is launching the world’s first AI (artificial intelligence) team coaching solution exclusively designed for remote teams, the company said in a press statement. -
ZF English - 20:30 Sep 20, 2023
The volume of construction works in Romania increased, in unadjusted data, by 15.8% in July 2023 compared to July 2022 and was up 15.9% when adjusted to the number of working days and to seasonality, data from the country’s statistics board INS showed on Wednesday (Sept 20). -
ZF English - 20:26 Sep 20, 2023
Prodal 94, a major producer on the spirits market, ended 2022 with RON175.5 million (EUR35.6 million) revenue, up 50.7% from the previous year’s RON116.5 million (EUR23.7 million), according to ZF’s calculations from Finance Ministry data. -
ZF English - 19:52 Sep 20, 2023
Sameday, one of the largest players in the courier market, with RON736 million revenue at the end of 2022, announced that it had invested over EUR1 million in the development of a mobile application through which customers can track parcels in real time, pay by card or postpone delivery, company representatives said in a statement.