Romania Feed

Tulcea-based Lidas, owned by entrepreneur Elena Anastase, which owns a bakery plant in Mineri locality of Tulcea, but also its own store network, in 2021 generated turnover worth RON86.6 million, 12.5% higher than in 2020 and for 2022 budgets 10% turnover growth.

Software services and solutions provider NTT Data Romania ended 2021 with more than RON425.8 million (EUR86.1 million) revenue, an increase of almost 15% on the previous year, the first year of the pandemic, Finance Ministry data show.

The “Made in Romania” Nominations Committee has selected its 50 semi-finalists out of the 350 companies nominated on the platform www.investingromania.com.

Neversea and TOKHIT have joined forces to create a Crypto-Friendly festival. Content creators, artists and fans who support the project will be able to be rewarded with cryptocurrency prizes for investing in TOKHIT tokens during the festival.   TOKHIT is the first Social Networking Game in Romania, i.e. a social network based on Gaming principles, […]

Spanish investors in Romania are particularly interested in the real estate market, the construction and the IT&C sectors, in line with data from the Association of Spanish Companies in Romania (ASEMER).

Raiffeisen Bank’s Supervisory Board has appointed Alina Rus as Chief Financial Officer (CFO) and member of the Executive Board.

DDB Romania signs the newest McDonald’s brand platform, accompanied by an extensive communication campaign. “Something good awaits you” has two main components: a Brand Manifesto and an Employer branding campaign, addressed to potential and future employees of the famous brand.   McDonald’s Romania has always been a benchmark both in terms of quality standards, food […]

Investment company Encore Capital Trust (ECT) successfully completed the first round of financing by attracting RON 17.7 million from several strategic investors. Thus, the company’s capital reached RON 18.2 million (approximately EUR 3.7 million).   Among the investors that participated to the first round of financing there are several successful entrepreneurs, such as Dan Sucu, […]

Continuing Ford’s accelerated transformation of its business in Europe to achieve an all-electric future, today Ford of Europe officially transfers ownership of its Romanian plant to Ford Otosan. Following a previous announcement and regulatory approval, the agreement between Ford of Europe and Ford Otosan has now been finalised.   By combining the Craiova plant’s production […]

Investment company Encore Capital Trust (ECT) successfully completed the first funding round by attracting RON17.7 million from several strategic investors, with the company’s capital reaching RON18.2 million (nearly EUR3.7 million).

Global tax software provider Sovos today announced an expanded partnership with PwC Romania that will allow for the local distribution of Sovos’ SAF-T solution. The deal will take Sovos’ leading software solution and combine it with PwC Romania’s market-leading service and delivery capabilities in the region.   PwC Romania is working with over 50 businesses […]

The office building situated in Thomas Masaryk Street no. 19, District 2, will become an important medical simulation center starting this year, following the transaction between MAD Planning & Projects – which sold the building – and the “Carol Davila” University of Medicine and Pharmacy in Bucharest – which purchased the property. The transaction was […]

Vodafone launches EasyTech commercial platform which brings a wide range of products both online and in the physical stores, with new devices, from small electronics and appliances, to gadgets and IoT solutions, but also new services, in addition to the existing convergent ones.   Customers will be able to test and purchase directly from the […]

Thousands of tennis enthusiasts will begin filling the courts at Wimbledon today as the iconic Championships play host to a full crowd for the first time in two years. To keep tennis fans fueled, long-term partner Lavazza and its expert baristas will be delivering the perfect serve of authentic Italian coffee as the official coffee […]

Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, has increased to 6.60% a year on Tuesday (July 5) from 6.55% on Monday (July 4), as per central bank data.

The 15 players on Romania’s packaging transfer market, namely the organizations in charge of collecting and recycling all types of packaging (OIREP), ended 2021 with overall turnover of RON824.3 million.

The Carol Davila University of Medicine and Pharmacy in Bucharest has bought an office building on Thomas Masaryk Street, owned by MAD Planning & Projects, where it will set up a medical simulation center starting this year.

Local startup Machinations.io, which developed a game design platform used by the world’s largest video game studios, in 2022 bets on 2-4 times higher revenues than in 2021 as its turnover has already doubled in the first half of the year.

g7 Marketing, a key player in the Romanian Retail Marketing industry, announced the merger with WaveCrest Group, a leading European shopper marketing & experiential agency, embarking on a journey to create the next-gen brand amplification agency. BR sat down with Florina Zamfir, Country Manager g7 WaveCrest (former CEO g7 Marketing) about the changes the agency […]

Electronics retailer Flanco will expand further abroad to three new countries in the following period and is testing new product delivery ways both for Romanian and foreign clients.