Romania Feed

Real estate developer HAGAG Development Europe, part of Hagag Group of Israel, said Wednesday it has started modernization works on an office building located in downtown Bucharest, an investment of EUR4 million.

Agroland Group (AG.RO), the most extensive farming store chain in Romania held by businessman Horia Cardos, reported a net profit of RON10.3 million for 2020, four times higher compared with 2019.

The owner of the Winmarkt shopping centers has budgeted a return to growth this year after the pandemic made 2020 the most difficult year for the group operating in Italy and Romania.

Dobrogea Grup, one of the largest milling and bakery businesses in Romania, has budgeted EUR2 million investments in 2021, after completing a more than EUR1 million investment in an automated frozen pastry production line.

Net investments in the Romanian economy grew a mere 0.1% in 2020 compared with 2019, to RON106.195 billion, preliminary data from the country's statistics board showed Wednesday.

Romania's seasonally adjusted unemployment rate grew to 5.6% in January from 5.2% in December, data from the country's statistics board showed Wednesday.

Asirom, the second largest local insurer in the portfolio of Vienna Insurance Group (VIG), has introduced artificial intelligence in the damage assessment system n the underwriting process for the CASCO car insurance product.

Alesonor, the developer of the green residential complex Amber Gardens, obtained the PUZ for the first complete suburb – Amber Forest. The first green suburb in Romania, Amber Forest, includes over 500 green villas and 200 green apartments, developed on 31 hectares, with only 15% of the built area, with the lowest land use coefficient. […]

BRK Financial Group (BRK.RO), the only brokerage company listed on the Bucharest Stock Exchange, on March 9 started acting as Market Maker for shares of OMV Petrom (SNP.RO), the largest energy company in South-Eastern Europe.

Alesonor, a real estate development firm held by Greek entrepreneurs, which erected luxury residential project Amber Gardens has obtained the urban planing permit for a EUR110 million residential project in the Tunari area, north of Bucharest.

The founders of Ziora, an online platform for business administration and appointment management, aim to attract 5,000 family doctors and medical practices this year, this step being part of the strategy to become the leading business management solution in the medical and automotive segments. Ziora is a software dedicated to business administration and is used […]

The latest episode of the HR Spotlight Interview series saw us talking to Ana-Maria Andrei, HR Manager at Provident Financial Romania. We found out what are the biggest challenges of an HR Manager in the Personal Finance sector, and also, how the #futureofwork looks like for all those involved in this industry.   What do you consider […]

In the last 12 months, in challenging times when companies had to take rapid action on organizing activities and rethinking flows, DIGI group has remained consistent with the policy of gender diversity and equity in labor relations.   Thus, at the end of 2020, the fixed and mobile telecommunications operator that owns one of the […]

Amazon today announced that company’s total permanent workforce in Romania is more than 2,500. The company is on track to add a further 500 new permanent roles by the end of 2021 across its sites and plans to open a new office in Timisoara and two new offices in Iasi.   Opening in Q2 2021, […]

Governments pushing ahead with increased online services run the risk of alienating large numbers of their citizens due to concerns around data privacy, according to How can digital government connect citizens without leaving the disconnected behind? a new EY survey of 12,100 working age respondents across 12 countries. Conducted by Ipsos MORI, the survey further […]

For the first time in Romania, a financial investment company is changing its name and aligning with the new legislation on alternative investment funds in the European framework. EVERGENT Investments is the new name under which the company with the largest capitalization of all financial investment companies listed on BVB (1,385 billion lei) operates. In […]

Tailent, the technology startup known for developing intelligent software robots that enable companies to automate and streamline a wide range of business processes, democratizes access to Robotic Process Automation (RPA) solutions through a partnership with the IT systems integrator ETA2U. Thus, the two companies bring intelligent software robots closer to Romanian companies, helping them eliminate […]

Covid-19 didn’t just change the environments we work in, pushing the hybrid work model into overdrive, but it redesigned the core fundamentals of how we work and the skills we need to succeed, changing the leadership role in the process. By Liviu Tudor, Genesis Property founder and president   The hybrid work model is not something […]

He has studied at MIT (Massachusetts Institute of Technology) in Boston, USA, at the Executive Education-Neuroscience for Leadership program. There he worked with world leading researchers in the field of Human Brain Performance Enhancement using Brain Computer Interface and Brain Mapping technology. Costin Damasaru has a PhD in Management and an Executive Master in Business […]

Demand for real estate valuation and consulting services remained constant during the pandemic, as investors sought to identify changes and new market trends and recalibrate their choices amid uncertainty, real estate consultancy company Cushman & Wakefield Echinox said Tuesday.