Romania Feed

2Performant, the main player on Romania’s affiliate marketing market, listed on the AeRO market of the Bucharest Stock Exchange (2P.RO), in the second quarter of 2022 posted 12,281 single users in its own platform, up 61% from the year-earlier period.

Romania’s beer market suffered a 10% decline in the first four months of 2022 from the year-earlier period after, at the level of Europe, sales in bars and restaurants dropped by 35% in 2021, shows an analysis drawn up by Romanian Brewers Association.

Albrau Prod, one of the largest independent brewers in Romania, including brands such as Albrau or Zimbru in its portfolio, has a RON6 million investment budget for this year.

Catalin Mahu, owner of La Mama Restaurant chain, plans to open several small restaurants, specialized in deliveries this year.

Five-star hotel Vega of Mamaia seaside resort, controlled by businessman Gabriel Comanescu, ended last year with turnover worth RON17.4 million (EUR3.6 million), up 9.4% year-on-year.

Scandia Food, leader of the canned food market, in 2022 targets RON439 million turnover, up 14% year-on-year.

Verdino Green Foods, a start-up which makes pea protein-based foods, has taken over two plant-based brands from Prefera Foods. These are Unfished and Green Course, the former active in the fish alternatives segment, the latter a brand of ready meals, sauces, vegan mayonnaise and plant-based meat substitutes.

Romania's foreign exchange reserves increased to EUR42.03 in June from EUR40.9 billion in May, central bank data showed Friday.

After 16 seasons, Liga 1, the Romanian top football league, changes its name. Today, at the draw for the 2022-2023 season, it was announced that the name of the first tier of Romanian football will be changed to Superliga following a partnership signed by LPF with Superbet, which will become the official sponsor of the […]

The architectural complex designed by UNStudio for the international competition organized in Iași by IULIUS company was selected by a specialist jury as the winning solution for an upcoming development set to become a contemporary landmark in the downtown area of the city.   Described by the members of the jury as “the most complete […]

AROBS Transilvania Software, the largest technology company listed on the Bucharest Stock Exchange, posts consolidated revenues of RON 193.8 million for 2021, an increase of 10% compared to 2020, a turnover of RON 190.1 million, an appreciation of 10% compared to the previous year, EBITDA of RON 54.5 million, an increase of 3% compared to […]

Avison Young Romania marks the transition to a new way of planning and leasing office spaces, by adopting the latest Bright Spaces product. The proptech startup proposes an innovative way of presenting and showcasing office spaces by transforming standard 2D test-fits into interactive 3D models.   Custom 3D Office Space Planning helps speed up the […]

The agreement whereby Ford Otosan, Europe’s largest commercial vehicle manufacturer, takes ownership of Ford’s Craiova plant has been successfully completed. With this agreement, Ford has transferred ownership of its Craiova plant, which produces vehicles and engines, to Ford Otosan, allowing the company to expand its operations internationally.   This year, on 14 March, Ford announced […]

NN Asigurari de Viata, the leader of the life insurance market, closed the first 25 years of activity in Romania with a significant footprint in society and in the local economy.   Since July 1997, NN supports clients to protect everything that matters most to them, contributes to relevant social causes in the communities it […]

The European Commission closed the investigation started in 2018 with relation to the Romania’s EUR335 million aid to Oltchim, as the petrochemical company was declared insolvent in 2019 and ceased its economic activities.

The ownership transfer for Ford plant of Craiova to Ford Otosan has been successfully completed. Ford Otosan has announced EUR490 million investments in Craiova to support the future growth of production.

Avincis wine maker of Dragasani vineyard area saw tourism reach a 30% weight in total turnover in 2021.

Irina Manole leads the newly-formed Sustainability & CSR Department within the integrated communications agency Oxygen. She has a certification in Sustainability in Business and is a seasoned professional with more than 10 years of experience in corporate & brand communications, employer branding, CSR and sustainability. Recently, Oxygen announced it has become the first carbon-neutral agency […]

Ponderas hospital of Bucharest, owned by Regina Maria healthcare network since 2016, has cumulated EUR20 million investments in five years, with the money aimed at expansion and consolidation.

One United Properties, the leading green investor and developer of residential, mixed-use and commercial real estate in Bucharest, Romania, announces the acquisition of a 10,710 sqm land located near Floreasca district and Lake Tei in Bucharest.   On the new land set near One Verdi Park and Barbu Văcărescu Boulevard, the company will build a […]