Romania Feed

Globalworth announces the signing of a strategic partnership with CATTED for the light industry and logistics area, mainly focused on the “small business units” segment.   The partnership, with Globalworth as the majority shareholder, initially involves the acquisition of a land of approximately 45,000 sqm in Ștefănești, ideal for a logistics development, as well as […]

With more than a decade’s worth of expertise in developing and operating mixed-use urban regeneration complexes in Romania, the only projects of this kind in the country, IULIUS Group is now launching a new project in Cluj-Napoca.   The investment upwards of half a billion Euro focuses on the Carbochim platform, set to become the […]

Nuvias Group, the European high value distributor is bolstering its investment in Eastern Europe through the acquisition of Netsafe, a specialist, value-add cyber security and networking distributor group covering South-Eastern Europe.   Netsafe brings over 15 years of experience, with strong vendor relationships that complement and extend Nuvias’ existing portfolio of technology solutions and services, […]

2Performant (BVB: 2P), a technology company and leader in the Romanian affiliate marketing market, announces that in the first quarter of 2022 registered 11,926 unique users within its platform, a 36% increase compared to the same period last year.   The nearly 12,000 users sent 20.8 million clicks to 2Performant online stores, which resulted in […]

Gustavo Palerosi Carneiro (45), Senior Vice President, Global Strategic Marketing Agricultural Solutions, has been appointed as Senior Vice President, Agricultural Solutions Europe based in Limburgerhof, Germany, as of April 1, 2022.   He will succeed Livio Tedeschi (50) who will take over as President of BASF’s Agricultural Solutions division at the same time. “The recent […]

Romania’s Competition Council on Monday said it approved a transaction whereby pharmacy chain Sensiblu plans to acquire five drugstores belonging to Eva Medical Farm SRL.

German multinational pharma company Bayer is set to drive breakthrough innovations in Life Sciences through an investment worth more than EUR 1.3 billion over the next three years in its impact investment unit Leaps by Bayer, focusing on leading pharmaceutical technology platforms such as Cell & Gene Therapy to deliver solutions to patients in areas […]

Opus Land Development, the developer of Cosmopolis residential compound, will invest EUR30 million in 2022 in the construction of approximately 500 new homes, the extension of the existing strip mall and in the ongoing infrastructure development of the project.

Globalworth on Monday announced the signing of a strategic partnership with CATTED for the light industry and logistics area, mainly focused on the “small business units” segment.

Lemon Design Group, whose acti­vity is operated via two companies, reported a combined turnover of RON66 million in 2021, up 230% versus 2020, in line with calculations by Ziarul Financiar (ZF) daily based on data from company analysis platform confidas.ro.

Ropharma (RPH.RO), a pharmacy chain indirectly owned by entrepreneur Mihai Miron, reported revenues of RON473 million in 2021, up 4% from 2020, the company said in a stock market report on Monday.

Cartofisserie, the company operating the fast-food restaurant chain of the same name, reached RON36 million turnover in 2021, double the 2020 level.

Romanian-held milling and bakery company Mopan Suceava ended 2021 with RON97.7 million turnover, over 13% higher year-on-year, the highest level so far, while net profit doubled, to RON12.5 million.

Law firm Filip & Company has assisted Tiriac Group on the sale of the rights and operations of the Mutua Madrid Open tennis tournament and the Acciona Open de España golf tournament to IMG UK, which is part of Endeavor group, a global leader in the events, entertainment, sport, media and fashion industries.

Romania's finance ministry will be launching two new bond issues for the general population, under the Tezaur program, with one-year and three-year maturities, available for subscription in the period April 4-27.

Romanian cloud services provider ClusterPower is building near Craiova (southern Romania) a campus consisting of five data centers connecting Romania to the world’s major data centers, within a project worth almost EUR40 million and scheduled for completion in 2025.

Lobyco – a Scandinavian software company owned by Coop Denmark – has made a substantial deal with the Romanian retail giant Profi Rom Food, which operates around 1600 supermarkets in Romania.   The deal with Lobyco involves the purchase of software solutions that makes it easier for customers to plan and purchase their groceries. This […]

Real estate consulting firm SVN Romania consolidates its management team by recruiting Ionut Petcu, one of the most experienced consultants active on the land segment.

YOLO Media, a PR agency founded in Romania in 2011 by Sorin Duțoiu and Christian Stan, inaugurated its first branch in the United Arab Emirates. The new division will manage the accounts of international and local companies in the GCC area by providing communication and image strategy services for Middle Eastern markets. By Romanita Oprea […]

International charity “Save Ukraine — #StopWar” telemarathon in support of Ukraine on March 27th, 2022, was shown by 30 TV channels worldwide. During the 2-hour broadcast political leaders, artists, public activists, athletes and volunteers from all over the world supported Ukraine and called to stop russia’s brutal war. Before, during and after the telemarathon, funds […]