Romania Feed

Softbinator Technologies (CODE.RO), a Romanian software developer specializing in designing, developing and launching innovative products, on Thursday announced the start of procedures to fully acquire Digital Tailors, a company specialized in product marketing services.

OPPO, global technology leader, and the French Tennis Federation announce the renewal of the partnership agreement for the next two tournament editions, in 2022 and 2023. „The FFT is delighted to renew this agreement with OPPO, a loyal partner with whom we share a desire for innovation. This collaboration with an international brand reinforces our strategy […]

Accounting for 70% of green certified buildings and 85% of offices occupied in certified space, the stock of green qualified offices is comparatively higher in Romania than anywhere else in Europe. In addition, 88% of investment transactions in the office segment in Romania involve buildings with green certifications, according to CBRE Romania. This makes the […]

BASF – the world’s largest chemical company and European leader in research and development, along with AHK Romania, are announcing the BASF Innovation Hub program, which will gather start-ups and innovators from 11 countries of Central and Southeast Europe, including Romania. The project aims to act as a launching platform, supporting start-ups by promoting the […]

Launched in June 2020, InternetCorp’s platform, one of the most prominent players in the Romanian publishing industry, comes with a new vision meant to bring the experience of offline and hybrid events to a new level. On top of that, thanks to InternetCorps’s new shareholders, IC Events is going worldwide.   InternetCorp’s B2B solution for […]

More and more companies are shaping their way of working in the post-pandemic world and, by the looks of it, there’s no going back to how things were before. New trends and work and social life patterns highlight the importance of community-based work and of experiences and interactions both in the workplace and outside the […]

Inflation is changing consumer behavior, but a recent survey among corporations is showing that it alters corporate behavior too. The Chief Financial Officers are planning reductions in spending while CEOs plan to fight inflation by increasing prices. Corporate profit margins are near record highs in both US and Europe, showing companies have been successful so […]

Lavazza Group, one of the world’s leading coffee roasters and official coffee at Roland-Garros since 2015, confirms its commitment to the world of sport and tennis by renewing its collaboration with the French tournament until 2025.   France is a strategic country and the second-ranking market for the Turin-based group after Italy. It was here […]

Softbinator Technologies (BVB: CODE), a Romanian software development company specialized in the design, development, and launch of innovative products with local and international clients, announces the start of the procedures for taking over Digital Tailors. Following the completion of the transaction, Softbinator Technologies will consolidate its portfolio of services necessary for a company to launch […]

Chemical producer Chimcomplex on Thursday said it would increase the salaries of its employees starting with June 2022.

Financial analysts expect the Romanian leu will depreciate to an average of 5.0584 units to the euro in the next 12 months, while inflation is seen averaging 8.43% during the same period, a monthly poll by CFA Romania showed Thursday (May 26).

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, advanced to 5.93% a year on Thursday (May 26) from 5.90% on Wednesday (May 25), as per central bank data.

eMAG, the biggest online retailer locally, in 2021 registered RON5.682 billion turnover in Romania, according to Tudor Manea, the company’s CEO.

Courier services company Nemo Express Logistic, part of group Nemo Express, in 2021 hit RON137.9 million turnover, pointing to revenues shifting back to the 2019 level, of RON137 million.

Germany’s B. Braun, active in Romania’s health sector for over 20 years, ended 2021 with total turnover worth RON518 million, 15% higher than in 2020, in line with ZF calculations based on public data for the six companies part of the group.

PGS Sofa & Co, controlled by Parisot family of France, for 2021 reported turnover worth RON348.7 million (EUR70.9 million), up 24% from the previous year, in line with ZF calculations based on Finance Ministry data.

Expanded polystyrene (EPS) manufacturer Hirsch Porozell, the local subsidiary of Austria’s Hirsch Servo AG, last year topped RON200 million in turnover, after a 52% increase from the 2020 figure, in line with ZF calculations based on Finance Ministry data.

The over 370 coffee shop-network 5 to go is likely to expand next year with a warehouse covering the needs of the coffee and associated products import and distribution arm.

There are few cities in the United States where technology has dominated. These cities include San Francisco, New York, and Seattle. These are the cities that can be said to be the survival of technology from here because the world’s largest tech companies are established here. But while technology has begun to dominate our society, […]

High expectations and erratic behaviour are typical of today’s consumers in a rapidly changing economic environment. It’s vital to know what kinds of promotions are having the biggest effect across different industries right now.   Enhancing sales, boosting customer happiness, and raising brand recognition are all achieved via the use of promotional activity, as any […]