Romania Feed
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ZF English - 19:02 Sep 08, 2022
OTP Group has launched the fifth edition of the Startup Booster program and will collaborate with 12 technology startups that will test their products and services within the subsidiary banks in Ukraine, Bulgaria, Slovenia and Romania in addition to the parent bank. -
ZF English - 18:09 Sep 08, 2022
Three out of four companies worldwide expect to see sales growth in 2022 and 2023, reveals the "CxO Priorities 2022” study by Horvath, a management consulting company with more than 40 years of international experience, present on the Romanian market since 2005. -
ZF English - 18:05 Sep 08, 2022
Alexandrion Group, a producer and distributor of spirits and wines founded by Nawaf Salameh, has acquired 100% of the shares of Cavaway Ltd, a company based in Larnaca (Cyprus). -
ZF English - 17:42 Sep 08, 2022
Cronos Med Group, a plastic surgery and medical aesthetics chain founded by physician Constantin Stan, has invested EUR700,000 in acquiring a new clinic, in north-eastern city of Iasi. The move is part of the Group's plan to expand into more cities. -
ZF English - 15:36 Sep 08, 2022
Luxury jewelry store chain TEILOR, with bonds listed on the Bucharest Stock Exchange, has invested EUR2 million in implementing an omnichannel shopping solution which consisted in launching a new platform, teilor.ro, and implementing an ecosystem for customers shopping online and in physical stores. -
ZF English - 13:39 Sep 08, 2022
Law firm PeliPartners has assisted Belgium's logistics space developer WDP in the acquisition of the industrial park Arad Business Park in a business transfer deal. -
ZF English - 12:57 Sep 08, 2022
Romania's nuclear power producer Nuclearelectrica (SNN.RO), listed on the Bucharest Stick Exchange since 2013, benefits starting with September 7 from the Issuer Market Maker (IMM) services provided by Wood & Company Financial Services. -
ZF English - 12:15 Sep 08, 2022
Law firm Nestor Nestor Diculescu Kingston Petersen (NNDKP) has assisted International Game Technology PLC (IGT), one of the world’s leaders in the gaming industry, throughout a multijurisdictional transaction regarding the acquisition of iSoftBet, an online game supplier and content aggregator. -
ZF English - 11:49 Sep 08, 2022
Colorock13, the investment vehicle held by Roca Industry, will merge with Romanian paint and coatings producer Sarcom, a company it fully owns. -
ZF English - 10:00 Sep 08, 2022
The number of real estate deals in Romania stood at 58,386 in August 2022, 1,076 more than in July 2022, data from the national cadaster agency ANCPI showed on Thursday (Sept 8). -
ZF English - 07:27 Sep 08, 2022
Affidea Romania, the biggest player on Romania’s medical imaging market, has acquired Centrul Medsan of Cluj-Napoca. -
ZF English - 07:16 Sep 08, 2022
Romania’s economy is likely to growth almost 4.5 times in the next 40 years, said the representatives of the Foreign Investors Council (FIC) at an event organized by the council. The process can be stepped up, though. -
ZF English - 06:53 Sep 08, 2022
Bistrita-based automotive industry wiring producer Leoni Wiring Systems Ro, part of Germany’s group Leoni, currently has 424 jobs available at its plant of Beius. -
ZF English - 06:47 Sep 08, 2022
Fressnapf, Europe’s leading company on the pet food and accessories market, has opened one of its first stores in Romania, in Bucharest in Drumul Taberelor shopping center. The company plans to open, by end-2022, another 14 stores countrywide and on the long term it sees the potential of opening 100 stores in Romania. -
ZF English - 06:39 Sep 08, 2022
Investment fund Enterprise Investors, which sold Romanian group Noriel this July to Turkey’s Sunman Group, will continue to invest on the local market as it was one of the most dynamic funds locally a decade ago, and total investments carried out in Romanian companies have reached EUR200 million so far. -
ZF English - 06:27 Sep 08, 2022
Romanian wine producer Crama Liliac, owned by amb Wine Company, expects turnover to rise 10% this year, after 2021 was the best year for the company, bringing EUR1.7 million turnover, said Miron Radic, Crama Liliac CEO. -
ZF English - 19:52 Sep 07, 2022
The Marmorosch Bucharest, Autograph Collection Hotel included in the portfolio of Lithuania’s Apex Alliance Group, recorded an average occupancy rate of over 50% in its first year of activity, as per data released by company officials on Wednesday. -
ZF English - 19:31 Sep 07, 2022
Over the last five years, the share of online sales in Central and Eastern Europe (CEE) grew by nine pp to 15%, and in four years’ time is bound to amount to 20% – according to forecasts by real estate consulting firm CBRE. -
ZF English - 19:20 Sep 07, 2022
European consumer confidence has collapsed. It has now fallen below the level recorded during the pandemic (-24.7 points in April 2020) and well below the level during the 2009 crisis (-21.1 points). -
ZF English - 19:10 Sep 07, 2022
La Fantana, a local supplier of bottled water for water coolers to companies, held by Swedish investment fund Oresa Ventures and Romanian entrepreneur Cristian Amza, said it invested EUR2 million in an automated bottling line within the plant at Talmaciu (Sibiu County).