Romania Feed

Czech-held CPI Property owns one third of the office space in Bucharest after having taken over more than half of Globalworth, the largest owner of office space in Romania and Poland, together with Germany’s Aroundtown last year.

OTP Bank expects Romania’s economy to increase by 4% in 2022 and to slow down its growth pace to 3.5% in 2023, the lender said in a report.

Romania's finance ministry raised RON595 million on Thursday (June 23) and Friday (June 24), selling bonds maturing in October 2034, at an annual average yield of 9.07%.

The organisers of Europe’s biggest beach festival, Neversea, are rewarding Romania’s top students with free entry to the 4-day festival. This means that students enrolled in state universities who finish with 10 in all exams in the summer session 10  will have the opportunity to see the most popular artists of the moment and enjoy […]

IMMOFINANZ is presenting an updated strategy following the majority takeover by CPI Property Group. The company plans to continue its value-creating growth strategy with a strong focus on retail properties and office solutions. As part of an active portfolio management, properties with a value of approximately EUR 1 billion will be sold and the proceeds […]

Voxa, a Romanian streaming platform for audiobooks and e-books, is tapping into the market of the Republic of Moldova starting this summer, as part of its strategic development plan.

Voxa, the most important Romanian streaming platform for audiobooks and e-books, is available from this summer in the Republic of Moldova, a market with great openness to books in all their forms. This expansion is part of the company’s strategic development plan, which these days opens a new round of financing of up to 800,000 […]

The Board of Governors of the Black Sea Trade and Development Bank (BSTDB) held its 24th Annual Meeting under the Chairmanship of Mr. Samir Sharifov, Minister of Finance of the Republic of Azerbaijan.     The Board of Governors approved the 2021 Financial Statements, and the net profit of EUR 43.9m million, allocated to the […]

ELKO Romania, a company member of Latvia’s ELKO Group, one of the largest regional wholesalers of IT and consumer electronics products, had a turnover of $105 million in 2021, up 28% from 2020, and its profit grew to $0.7 million, company representatives said in a statement.

Romania’s insurance market reached a volume of underwritten gross premiums of RON4.66 billion in the first three months of 2022, a record increase of 46% compared with the year-ago period, the representatives of the Financial Supervisory Authority (ASF) said in their latest report.

MetLife’s annual Sustainability Report, released today, showcases how the company continues to integrate sustainability across its operations, including through its 2030 climate and 2030 diversity, equity and inclusion (DEI) commitments.   In the report, MetLife also provides information on its commitment to achieve net zero greenhouse gas (GHG) emissions across the company’s global operations and […]

Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange, announces the signing of a partnership with Axell Green Energy, part of the Carmistin Group, one of the largest players in the agri-food market in Romania, which aims to build and install photovoltaic power plants for some […]

EDP ​​plans to invest 1.5 billion euros in the development of renewable wind projects in the ocean by 2025, reinforcing its commitment to accelerate the energy transition including through offshore wind. Next week, the group will take part in the Ocean Conference promoted by the United Nations (UN) to announce its investment strategy and sustainability […]

METRO, the leader in wholesale trade in Romania for over 25 years, is constantly looking to offer the best solutions for the success of its customers’ business, and the meat range is and will be a priority, as a response to the needs of customers in the hospitality industry. of those in the traditional trade […]

Simtel Team (SMTL.RO), a Romanian engineering and technology company, announced on Friday (June 24) the signing of a partnership with Axell Green Energy, part of the Carmistin Group, one of the largest players in the agri-food market in Romania, which aims to build and install photovoltaic power plants for some of the group’s locations.

Roshen One, part of the international group in the chocolate sector Roshen of Ukrainian billionaire Petro Poroshenko, posted RON167.9 million (some EUR34 million) revenue in 2021, an increase of 36% on the previous year, Finance Ministry data show.

MedLife, the leader of the private medical services market in Romania, announced on Friday (June 24) the acquisition of the full package of shares of Medicris Oradea Group, the largest center of occupational health and related services in Bihor County.

For the 21st edition of the Transilvania International Film Festival (17 – 26 June), 9 of the 12 feature films presented this year in the Romanian film competition are authored by first-time directors, many of them already applauded and awarded by the juries of major international festivals. Cinephiles are invited to discover them for the first time […]

Raiffeisen Bank, key player in the Romanian banking sector, is listing a new issue of green bonds, worth RON525 million, at the Bucharest Stock Exchange, on Friday (June 24).

UNTOLD Festival brings a new partner for the 2022 festival – Genius, the subscription for free shipping and exclusive offers in 4 top online commerce apps – eMAG, Tazz, Fashion Days and Freshful. Genius’ subscription to free delivery and exclusive offers in 4 apps can bring to new customers an unlimited free subscription to all […]