Romania Feed

Romanian upholstered furniture producer MobilaDalin of Reghin, Mures county, a Romanian business founded by Cotoi family 27 years ago, for 2021 reported turnover worth RON50.8 million (EUR10.3 million), 25% higher than in 2020, in line with ZF calculations based on Finance Ministry data.

Evopack, which produces cardboard and paper packaging in a plant in Piatra-Neamt and which delivers to McDonald’s KFC, Spartan and Mesopotamia restaurant chains, is about to finalize the contruction of its new plant, but is still awaiting machinery for the production unit.

Stationery and office equipment importer and wholesaler Dacris, held by the Fati family, wants to develop a network of hubs in major regions of Romania in a bid to optimize its wholesale activity.

Technology has made our lives incredibly easy in our modern society. Smartphones, laptops, and tablets can do just about anything you need, and just about everyone has one of these devices. On top of that, the list of people who own a deviceis growing day by day.   As much as our devices have made […]

The cloud has become an integral part of our lives. We use it for everything from storing photos and music to working on projects with colleagues worldwide. Businesses have also discovered the benefits of using the cloud, and more and more are making the switch every day. Considering it’s a flexible, scalable, and high-performing hosting […]

Discover the top 4 uses of facial recognition and how they can help your business.   Top 4 Uses of Facial Recognition in Business   Facial recognition is a technology we have seen expand into our everyday lives. We can use facial recognition to unlock our smartphones and enter buildings. Both are convenient tools that […]

Oil transmission company Conpet Ploiesti (COTE.RO), majority held by the Romanian government via the Energy Ministry, announced on the Bucharest Stock Exchange on Monday evening that shareholder Utilico Emerging Markets PLC notified it its stake had dropped below the 5% line to 4.99%.

Do you know the best traders don’t just spend time on strategy? They spent time on the best products. They see the value over the expenses and consider the investment as a priority. And this is the time when we are actually bringing forward about FinExchnge. Data market leader when it comes to a brokerage […]

Do you want to know which trading account is right for you? There are multiple account types, but selecting the right one can be quite crazy. You must be wondering what’s the point of selecting a different type of account? Well, the features are very different, and this is what makes all the catch.   Tradeviz […]

Romania's finance ministry raised RON296 million on Monday (May 23), selling bonds maturing in 2026, at an annual average yield of 7.99%.

Romanian cybersecurity company SafeTech Innovations (SAFE.RO) on Monday said it registered a net profit of RON0.4 million in the first quarter of 2022, up 40% from the same period in 2021, in line with data released by company officials on Monday (May 23).

The European Commission has concluded that seven countries – Romania, Germany, Spain, France, the Netherlands, Portugal and Sweden – continue to have excessive imbalances, according to its spring edition of a report regarding the situation across European Union (EU) Member States.

The first small modular reactor project in the world will be built in Romania, in Doicesti (Dambovita County, southern Romania) Energy Minister Virgil Popescu announced on Monday.

Ion Stanciu, deputy general manager of river shipping company Transport Trade Services (TTS.RO), has bought shares worth RON308,000 (EUR62,000) in the company listed on the main market of the Bucharest Stock Exchange.

Law firm Wolf Theiss has recruited Dana Toma for the position of Counsel and Coordinator of the Real-Estate Practice in capital city Bucharest, and Ana-Maria Mustatea as Associate.

Advertising for advertising, or a short advertising break for the advertising industry itself. The target: GenZ. the goal: Learning how to make a job out of your passions. In advertising. In short, this is the UAPR brief based on which Ogilvy Romania developed the campaign ‘Let’s make it a job’, addressed to GenZ members interested in finding […]

Unirea Shopping Center (SCDM.RO), which operates two retail centers in the cities of Bucharest and Brasov, on Monday said it registered a book loss of RON33 million in 2021, compared to a net profit of RON5 million in 2020, the company said in its financial report sent to the Bucharest Stock Exchange.

Romania’s tech ecosystem is evolving, so the local companies are hiring marketers and sales development representatives in Romania to work alongside their US counterparts. That means that Romanians get a chance to learn the best practices from Silicon Valley. Consequently, those learning will help those that join leapfrog in their career as they know things […]

Alternative investment fund Agista, part of Impetum Group, is acquiring a 15% minority stake in Romanian company Eplus Smart Energy (Eplus).

The shares of fast-moving consumer goods (FMCG) distributor Aquila Part Prod (AQ.RO) will be included from June 20 in the FTSE Russell indices dedicated to emerging markets.