Romania Feed

Software solutions provider LIFE IS HARD (LIH.RO), listed on the AeRO market of the Bucharest Stock Exchange, ended the first quarter of 2022 with a net profit of RON338,000, up 39.6% on the year, and a turnover of RON6.04 million, up 16.3% on the year, as per the company’s quarterly financial report.

Aside from pandemic-related base and one-off effects, the surge is largely due to the combination of a strong re-opening momentum and snarled-up supply chains as the fragile global production and distribution system failed to keep up with post-pandemic demand, especially for goods. Russia’s war with Ukraine has further exacerbated inflation dynamics, driven above all by […]

Moving abroad can be a life-changing decision. Finding the country that would best suit your personality and the culture you think you would easily fit into are some of the essential aspects.   Many people will consider long-term goals like employment stability, opportunities for their families, and a more stable political environment to give them […]

French do-it-yourself (DIY) retailer Leroy Merlin has opened its 20th store in Romania and the second in central city of Brasov on Friday (May 13).

Car parts manufacturer Compa Sibiu (CMP.RO) ended the first three months of 2022 with a net profit of RON1.4 million, down 81.4% on the year, and a turnover of RON198.4 million, up 9.4% on the year, in line with calculations by Ziarul Financiar (ZF) daily based on stock market data.

The associate professor INDE MBA, Mr. Valentin Ionescu declared: „I believe that an MBA is a perfect blend of improving one’s knowledge of business management as well as ensuring skill development and personal growth thus pushing towards our limits and becoming the best version of us. Building a strong curriculum is the only way to excel and […]

Leroy Merlin, retailer specialized in construction, decoration and gardening, opens today, May 13, the 20th store in Romania and the second in Brașov. The new store is located in the Astra neighborhood, on Calea București no. 134, and will be open Monday through Saturday between 07:00 and 21:00 and Sunday between 08:00 and 20:00.   […]

Antibiotice Iasi (ATB.RO), the biggest Romanian-held drug maker, reported a net profit net of RON8.6 million for the first three months of 2022, up 113.7% from the year-earlier period, in line with calculations by Ziarul Financiar (ZF) daily based on the company’s financial report.

Every now and then a time comes when things get a bit tight. Workflow and productivity go under the primary target line. How to fight it? What’s the way to avoid such problems in the future? Well, maybe your business needs DevOps services. Stick around and learn something about it. Continuous integration, continuous delivery Plainly […]

Prebet Aiud (PREB.RO), a manufacturer of precast products made of reinforced and prestressed concrete, ended the first quarter of 2022 with a net loss of RON140,000 versus a net profit of RON1.06 million in the same period of 2021, as per calculations by Ziarul Financiar (ZF) daily based on the company’s quarterly financial report sent to the Bucharest Stock Exchange.

FAN Courier, leader of the Romanian courier services market, has inaugurated a regional hub in Cluj-Napoca (north-western Romania) whose construction engulfed an investment of EUR14.5 million.

More than half of business leaders (53%) identified data and analytics as their top investment priority to build their transformation strategy over the next two years, according to the EY Tech Horizon 2022 survey.

Deloitte Romania assisted local natural gas producer and supplier Romgaz (SNG.RO) in the full acquisition of the 50% stake held by US’ Exxon Mobile Exploration and Production Romania Limited (EMEPRL) in the Neptun Deep gas exploration and drilling project in the Black Sea.

Romania's current account balance posted a deficit of EUR4.6 billion in January-March 2022, higher by 70% than EUR2.7 billion reported in the same period in 2021, central bank data showed on Friday (May 13).

Romanian state-run power grid operator Transelectrica (TEL.RO) recorded a net profit of RON8 million in the first quarter of 2022, down 90% from RON82 million in the first quarter of 2021, according to the company’s quarterly financial report released on Friday (May 13).

Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) recorded a turnover of RON117.17 million in the first quarter of 2022, up 15% on the year, and a net profit of RON18.8 million, up 96.8% versus the first quarter of 2021, in line with the company’s financial report released on Friday (May 13).

Red Angus Steakhouse, one of the first steakhouse restaurants in the country, has moved to Amzei Square, in Bucharest. Thus, starting with May, the place that was founded in 2010, in the Old Center of the Capital, welcomes its guests in a new space, decorated in the American style that guests know and appreciate.   […]

Business leaders are preparing to enter a new era where their organizations’ operations, decision-making and interactions with customers and employees will be driven by data.   This is according to EY Tech Horizon 2022, a global survey of more than 1,600 senior executives across seven industries, on the role of technology in their transformation plans. More […]

Romanian-held company Arctic Stream (AST.RO), an integrator of IT infrastructure and security, ended the first quarter of 2022 with a net profit of EUR900,000, double year-over-year, due to an increase of over 150% in revenues up to RON10.76 million (EUR2.17 million), according to the company’s financial report released on Friday (May 13).

Agroland Business System, Romanian entrepreneurial retail, agriculture, and food group, which has the largest network of agricultural stores in Romania, announces the opening of a new MEGA store nationwide.   The store is located in Timișoara, Timiș County, being the second one inaugurated in this city, after Agroland MEGA Moşnița and the 18th in Romania. […]