Romania Feed

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 […]

Global confectionery, food and pet food manufacturer Mars offers ambitious graduates with desire to have a great international career and become leaders a chance to get to know the world of top business by joining Mars Leadership Experience (MLE). MLE is a 3-year program, also targeting Romanian graduates, designed to unlock potential, build skills and […]

Industrial park developer CTP is investing over EUR35 million in the construction of a new building within CTPark Bucharest West, and the new space will be rented out by Quehenberger Logistics, a firm that operates the logistics activity of Brico Depot Romania, a retailer held by Kingfisher Group.

The Bucharest Stock Exchange (BVB) kickstarted 2021 with all stock indices in positive territory, as the Romanian capital market posted significant growth that topped in one month the level achieved throughout 2020.

Romania had 1.249 million public sector employees at the end of 2020, with nearly 9,000 hired in the last two months of the year, finance ministry data showed.

Most Romanians prefer to buy dairy products from supermarket and hypermarket chains, to the detriment of farmers' markets or convenience stores, a survey by Reveal Marketing Research showed Tuesday.

The fourth quarter of 2020 marked a spectacular return of the Bucharest residential market, with booming transaction activity, while residential developer activity increased compared with 2019, real estate consultancy company JLL said in a report Tuesday.

Elefant.ro, one of the largest online retailers in Romania, posted 30% higher sales of books last year compared with 2019, even though the overall market witnessed a slight decline.

The volume of new leu loans for consumers and companies rose to a 14-year high, RON68.5 billion in 2020. The volume of new loans in lei is double the level of ten years ago and 3.4% higher than in 2019.

Austrian-held real estate developer S Immo is considering buying the plot near The Mark office buildings it owns in the Buzesti area in Bucharest to expand complex.

Romania's trade balance posted a deficit of EUR18.38 billion in 2020, EUR1.08 billion higher compared with 2019, data from the country's statistics board showed Tuesday.

Over the years, the European Union has taken on a global leadership role in the fight against climate change. The main priority of the European Commission, led by Ursula von der Leyen, is the implementation of the Green Deal, a package aimed to stimulate the efficient use of resources by moving to a circular, cleaner […]

Increased productivity and efficiency resulting from 5G technologies will drive business, skills and services developments worth USD 1.3 trillion to global GDP by 2030, according to PwC’s report “The global economic impact of 5G. Powering Your Tomorrow”.   “PwC’s projections show that 5G technology, used in conjunction with investments in artificial intelligence (AI) and the […]

It doesn’t matter how experienced an entrepreneur is, there is always something new that can be learned. There is always room for improvement even when talking about some of the world’s most successful business people.   You should also keep in mind that many of your rivals are always looking for ways to perfect their […]

US-based Orion Innovation has entered into a definitive agreement to acquire Romanian software producer Tellence Technologies and will establish a research and development center in Bucharest, the company announced Monday.

Romania's finance ministry on Monday raised 951.4 million lei (EUR195 million), versus its RON600 million target, selling bonds maturing in September 2023 at an average yield of 1.99%, central bank data showed.

10 people to watch in 2021 2020 marked a significant milestone for the global business environment and humanity at large. It was one of the most challenging periods in recent history and it forced managers to adapt quickly in order to keep their businesses afloat. Many of them had a double and crucial mission: keeping […]

Energy efficiency is important for companies in many fields of activity: industrial production, distribution and logistics, construction, and real estate, etc. The performance of energy efficiency depends on the quality of the equipment used, but also on the ability to maintain them in good working order, and here digital technologies and sensors are helpful, shows […]