Romania Feed

Commercial planning professional with 9 years of experience supporting executives, sales force and managers to improve internal processes and market knowledge, with good understanding of areas such as: business analysis; cost accounting; sales & marketing; manufacturing operations. Proficient in all standard office desktop software. BR sat down with Cristina Sima, Environmental Senior Manager at TenarisSilcotub, […]

eVOTE, a Romanian entrepreneurial company that implemented the first online and in-person participation system at general shareholders’ meetings in Romania, ended the busiest period of the year with 50 General Meetings of Shareholders (GMS) conducted online in the first five months of 2022. Of these, 37 were annual GMS.   “The General Meeting of Shareholders […]

Portland Trust, the investment fund having ARES Management and Bluehouse as equity partners, has finalized the sale of Expo Business Park compound, of Bucharest’s Expozitiei area, to Austria’s S Immo, which also owns Bucharest’s shopping center Sun Plaza.

Most Mogo Romania clients access the loans of the NFI at the recommendation of the car dealers from the country, part of a network of more than 400 auto specialists, who identify their needs, including the one for financing.   However, the number of clients who come from the online increased by 30% in the […]

HAIR03 pre-emptive rights issued for the share capital increase carried out by Holde Agri Invest, a Romanian company operating farmland, will start trading n Wednesday (June 15), according to the Bucharest Stock Exchange.

Consumers around the world are facing rising prices. More than 75% of respondents to PwC’s Global Consumer Insights Pulse Survey 2022 expect similar or higher spending over the next six months than today across most categories.   Notably, 47% of respondents expect to spend more on groceries, and many are planning to reduce spending on […]

Heineken Romania, the second largest brewer locally, ended 2021 with turnover worth RON1.37 billion, up 9% from the previous year, as beer market volumes remained flat from 2020.

Accor hotel group plans to go beyond the 1,000-employee mark by the end of 2022, having 950 employees at present.

A few years ago, e-commerce businesses were not very popular. Now, they have become a necessity. E-commerce business owners make a lot of profits because this type of business is in demand. E-commerce has increased significantly for some time now, and there are no signs that it will slow down.    Some e-businesses can’t even […]

OMV Petrom (SNP.RO) the largest company on the Bucharest Stock Exchange, whose profitability is tied to the price of fuel, on Tuesday evening announced it would submit a proposal to shareholders to pay special dividends of RON0.045/share, as a result of its “financial strength”, the company said in a release.

Romania’s largest mobile phone and tablet wholesaler in Romania, Gersim Impex, posted almost RoN40 million net profit in 2021, 8% higher than in the previous year, Finance Ministry data show.

Romania’s current account deficit increased by EUR3.4 billion to EUR7.5 billion in January-April, Romania’s central bank data published on Tuesday show.

Schneider Electric, the leader in the digital transformation of energy management and automation is celebrating success and recognition at the world’s most celebrated design awards this year.    The company’s product design and engineering teams continue to apply decades of experience in making homes and buildings safe, sustainable, efficient, and sophisticated – by providing the […]

Romania’s total external debt shrank by EUR66 million to EUR134.5 billion in January-April, of which direct public debt accounted for EUR56.3 billion, EUR2.4 billion lower than on December 31, 2021, Romania’s central bank data released on Tuesday show.

In our latest exclusive interview, Business Review reached out to Adrian Stanciu, Associate Dean for Knowledge and Leadership at Bucharest International School of Management, to talk about what BISM brings new to the business education in Romania, the story behind the project, and how young entrepreneurs can grow and succeed to become established professionals in their […]

TBI Bank, which has operations in Romania, Bulgaria, Germany and Lithuania, posted EUR10.2 million net profit in the first quarter of 2022, 40% higher than in the year-ago period.

THETA Furniture & More, one of the most significant Romanian integrators of interior design solutions, officially opened the doors of the new custom-made furniture production factory, in Păulești, Prahova County.   The moment was marked by an event with guests from the real estate industry and the interior design segment. The investment in the production […]

As of June 1, 2022, the Board of Directors of NEPI Rockcastle has decided to permanently appoint Rüdiger Dany as Chief Executive Officer (CEO) and Eliza Predoiu as Chief Financial Officer (CFO).   The two held the position of CEO, respectively CFO, from February 2022. Marek Noetzel has stepped up as Chief Operating Officer (COO), following his position […]

Bittnet (BNET), a group of IT companies listed on the Main Market of the Bucharest Stock Exchange, announces the signing of a transaction regarding the entry into the shareholding of Dendrio Solutions of Agista, an alternative investment fund under the authorization, part of Impetum Group.   The transaction involves the sale by Bittnet Group of […]

Wolf Theiss has published the newest edition of its comprehensive guide to “Generating Electricity from Renewable Sources in Central, Eastern & Southeastern Europe” for 2022. It reflects the key modifications in the RES-Electricity legislation in 12 countries of this region.   Since 2020, the ambitious targets adopted by the EU Member States for 2030 have […]