Romania Feed

SPEEDWELL, the real estate developer, received the building permit for Phase 1 of the PALTIM project. The first phase will feature 123 apartments out of a total of 236. Construction works will soon kick off.   SPEEDWELL’s first project in the city of Timisoara, PALTIM, a mixed-use ensemble built around the Transit Oriented Development concept, […]

Romania’s public debt, in both lei and foreign currency, increased by RON20.2 billion (EUR4.1 billion) in January-February 2022, to RON596.8 billion (EUR120.6 billion), in line with finance ministry data.

The average net salary in Romania increased by 0.6% in nominal terms in February 2022 compared with January 2022, to 3,721 lei (EUR753), data from the country's statistics board INS showed Monday.

Stickr, an app developed in Romania, is a new social media platform with a unique code that only allows users to post owned content, automatically certifying the location and timing of the photos or videos posted by using satellite geolocation and placing all posts on a 3D map of the world.   One month after launching […]

Vodafone maximizes the benefits for the new customers in the Easter offers, already available in physical stores and online at www.vodafone.ro. For 7.9 euro/ month, Vodafone mobile services customers will receive the Vodafone Maxim package with maximum NET (NET 500 or NET 1000, depending on the coverage), Vodafone TV, 206 TV channels, Sport and 4K […]

Restart Energy, one of the largest independent suppliers of electricity on the local market, announces the signing of a contract worth over 1 million euros with Florea Grup company, for installing a photovoltaic generator with a power of 1,740 kWp.   The project involves the installation of 3,867 photovoltaic panels, on an area of ​​9,866 […]

Holde Agri Invest, a Romanian company operating farmland, announced its completed the purchase of a new farm in Contesti, Dambovita county.

The number of real estate deals in Romania stood at 72,123 in March 2022, 13,460 more than in February 2022, data from the national cadaster agency ANCPI showed Friday.

Poland's state-run mining company KGHM plans to conclude a partnership with Romania's state-run nuclear power producer Nuclearelectrica for the development of small modular nuclear reactors (SMR).

Romania’s energy ministry said the Investment Committee approved on Thursday (April 7) an amount of approximately EUR1.4 billion aimed at funding, from the Modernization Fund, significant projects for the modernization of the Romanian energy sector.

Technology startup investment platform SeedBlink is preparing to launch a secondary market in the second half of 2022 where investors can trade their assets with each other, thus increasing the liquidity of their portfolio investments.

David Malpass, President of the World Bank Group, will arrive in capital Bucharest on Wednesday, April 13, 2022, for a two-day visit, which will be his first trip to Romania as World Bank Group President.

The post-pandemic world is full of uncertainties and opportunities, which makes now a great time for banks and other financial institutions to initiate programs that will give them an edge over the competition. Given the evolving business environments, banks should use every piece of useful technology that they can access to improve their data collection, […]

Instagram has a lot to offer with every coming update. A lot of it has been the reason for the current popularity of Instagram. There is no denying the fact that we have varied features on the app and there is always something new.  From stories, reels, IGTV, live stream to the tits and bits of new […]

Romanian state-run state-owned hydropower producer Hidroelectrica said in a statement that it plans to acquire up to three electricity and natural gas suppliers.

The first top website to buy promotions on Youtube is Views.Biz. On this panel you’re able to buy Youtube views and make your profile more credible. There are only four options to do that and all of them are with a 30 days guarantee refill, two of them are with a discount. The maximum number […]

The last two years have been one of the most challenging ones in recent history, with companies having to adapt and be very resilient and strong in order to survive a never-before-seen situation. With no means to compare it to anything else. Still, 2021 proved to be good for the Romanian marcomm industry, especially for […]

Dacia Mioveni and Ford Craiova, the two car plants in Romania, manufactured 136,301 vehicles in the first three months of 2022, 15.7% more than in the same period of 2021, data from the country's carmakers association ACAROM showed Friday.

Energy company OMV Petrom (SNP.RO) on Friday said its crude oil production dropped by 13% and its natural gas production by 12% year-over-year in the first quarter of 2022, mainly due to a natural decline in deposits, but at rising prices, in line with a report on the technical indicators of PETROM production released on Friday (April 8).