Romania Feed

Today the world is rapidly developing. International partnership comes to the fore in business, companies actively communicate with each other regardless of where they are in the world. The same applies to individuals: citizens regularly need to sign documents with foreign partners.   All this has become possible thanks to the rapid development of notarize […]

One of the main healthcare organizations’ responsibilities is to protect the privacy of their patients, as well as their medical conditions. This means ensuring that all HIPAA regulations are followed at all times. Unfortunately, many healthcare organizations are not taking the necessary steps to prevent HIPAA violations. In this blog post, we will discuss some […]

Zeelandia Romania, the local subsidiary of the Dutch group by the same name, which makes bakery, pastry and confectionery ingredients, ended 2021 with RON62 million revenue 32% higher than in 2020, which means last year was the best in the more than two-decade history of the company in Romania.

Geological survey company Prospectiuni Bucuresti (PRSN.RO), controlled by businessman Ovidiu Tender, posted RON28.5 million revenue in the first three months of the year, an increase of 92% from the RON14.8 million in the year-ago period, the financial report published on the Bucharest Stock Exchange shows.

Romania’s general consolidated budget posted RON16.33 billion deficit in the first four months of 2022, lower than the RON20.70 billion level reported in the year-ago period, in line with finance ministry data released on Wednesday (May 25).

Publicis Groupe Central & Eastern Europe (CEE) recently named Adam Nykles as Chief Data Officer for Publicis Le Pont (Publicis Groupe CEE’s one-stop virtual shop of end-to-end, digital-first solutions). This appointment is an expansion of Adam’s existing remit as Chief Data Officer of KINDRED, a part of Publicis Groupe Czech Republic, and will see him […]

RO e-Factura, the national electronic invoicing system, which is mandatory for B2B companies from 1st July, does not bring visible benefits for the business environment, the positive economic effects being visible in time and only if the new system will be applied in all areas of activity, according to NextUp, a software solutions company, which […]

Simplify, the business ecosystem for online stores, is expanding its logistics operations. The new 1,500-square-meter-large e-fulfillment center in Cluj-Napoca provides logistics services for online stores. Customers benefit from integrated services for the entire supply chain, from supply transportation to product reception, storage, packaging, and labelling, as well as access to the receipt of returned products. […]

The global Great Resignation phenomenon will continue next year with even more pressure on wage growth. Of employees in Romania, 40% plan to ask for a pay rise in the next year and 16% want to change employers, according to the results for Romania of the PwC global Workforce Hopes and Fears survey launched on […]

SofMedica Group, a leading European provider of innovative technologies destined to fight the leading causes of mortality worldwide, appoints Angeliki Karava as General Manager for ISLE ACADEMY in all its locations where the entity has already established its presence: Romania, Greece, Hungary, Bulgaria, and Cyprus. This way, ISLE Academy (Innovation, Simulation, Learning, Ecosystem), is becoming […]

The data center built near Craiova by Cluster Power with the help of Tema Energy’s engineering team has officially achieved Tier III Design Accredited accreditation from the US Uptime Institute. Cluster Power is the first hyper-scalable data center with artificial intelligence capabilities in Romania.    Uptime Institute is based in New York and brings together […]

Romanian startup firm Machinations.io, which developed a browser-based platform to design and predict game economies & systems for premium, free2play, and play2earn games, has raised $3.3 million in Series A funding.

Simplify, the business ecosystem for online stores, said on Wednesday (May 25) that it expanded its logistics operations with a new 1,500-square meter e-fulfilment center in Cluj-Napoca (north-western Romania).

The European Commission (EC) has approved a Romanian scheme worth EUR100 million to support the regeneration of damaged forests and the scheme will be funded through the Recovery and Resilience Facility (RRF).

The data center built near Craiova (southern Romania) by Cluster Power with the help of Tema Energy’s engineering team has officially achieved the Tier III Design certification from the US Uptime Institute.

The global Great Resignation phenomenon will continue next year with even more pressure on wage growth. In Romania, 40% of employees plan to ask for a pay raise over the next year and 16% want to change employers, according to the results for Romania of the PwC Workforce Hopes and Fears global survey released on May 24.

An International Monetary Fund (IMF) team headed by Jan Kees Martijn, the IMF mission chief for Romania, will visit Bucharest between May 30 and June 10 to undertake the periodic review of Romania's economy, known as the Article IV consultation, as per an announcement by Nadeem Ilahi, IMF Senior Regional Representative for Central, Eastern and South-Eastern Europe.

NEPI Residential, the residential division of NEPI Rockcastle, on Wednesday said it sold 35% of the apartments of the Vulcan Residence complex, only seven months from the start of construction works.

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, increased to 5.90% a year on Wednesday (May 25) from 5.83% on Tuesday (May 24), as per central bank data.

Promateris (PPL.RO), a Romanian industrial group and the main producer of biodegradable packaging in CEE, announced it obtained a new grant from the part of EEA & Norway Grants within the project Green Energy Production for the manufacturing of bio-based and compostable packaging, developed in partnership with Norway’s Norsk Energi.