Romania Feed

Filip & Company assisted Țiriac Group, in the sale of the rights in and operations of Mutua Madrid Open tennis tournament and 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. The transaction was signed on 6 […]

WeMat, a leading company in the commercial floors segment on the real estate market, is implementing projects covering over 200,000 square meters of flooring and 8,300 sqm of ventilated façade systems, with a total value worth over EUR15 million.

VMLY&R took over Fractal Communications, Romanian local agency part of WPP, and joins VMLY&R Commerce to offer brands a connected experience. By Romanita Oprea   Taking over the local agency by VMLY&R is part of the global strategy to simplify and integrate capabilities and services offered to the partners. At global level, VMLY&R has over […]

With social media playing an increasingly important role in all industries, it is more important than ever for users to have a strong online presence. Many businesses and individuals struggle with this, not knowing where to start or what steps to take. In this article, we will discuss the top ways social media users can […]

A multidisciplinary team, made of lawyers specialized in tax litigation from Reff & Associates | Deloitte Legal and tax advisors from Deloitte Romania, has obtained a final favorable decision from Romania’s Supreme Court to cancel EUR5.5 million tax decisions issued by the country’s tax regulator ANAF for a support services company, member of a group operating in the energy field.

As of April 1st, 2022, Boualem Saidi takes over the lead of Bayer Romania, Bulgaria and the Republic of Moldova from his predecessor Sercin Giray, who will continue her activity as Head of Performance & Community Management and Bayer2022 Platform Transformation Program within Group Finance in Leverkusen.   Boualem joined our Country Group in July […]

In today’s highly competitive business environment, companies fight to win customers’ attention. And the more fierce competition gets, the more demanding are the expectations you have to meet. As such, maintaining customer satisfaction levels at the highest should certainly be your top priority if you want your business to stay afloat.   However, providing your […]

Audiobooks have dominated the top of the literary charts in March at the expense of e-books, with 12 times higher numbers than digital books, according to Voxa’s internal research, the first Romanian streaming platform for audiobooks and e-books.   “Audio is by far the most accessed format from our platform. Voxa users’ preference for audiobooks […]

Romania's foreign exchange reserves decreased by EUR1.73 billion in March 2022 versus February 2022, to EUR40.1 billion, central bank data showed Friday.

Over EUR18 billion will be available for projects in Romania’s energy sector through calls for the National Recovery and Resilience Plan (PNRR) and the Modernization Fund, in line with an analysis by EY Romania.

Cristian Secosan took over on Friday (April 1) the position of general manager of Delgaz Grid, the natural gas and electricity distribution company in Romania of German utility group E.ON, and that of member of the Board of Directors of E.ON Romania.

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, stagnated on Friday (April 1) at Thursday’s level of 4.6% a year, as per central bank data.

At BR’s recent Working Romania, Aurelian Chitez, Director of Sales at Romanian Software, was interviewed by Aurel Dragan, Tech Journalist, Business Review Magazine, in a Stage Time Spotlight Interview: HR Talks with a spark, in which he talked about the main challenge for companies in their employer branding strategies, HR technologies and their impact on the new hybrid […]

New car registrations in Romania increased by 40.25% year-over-year to a total 11,025 units in March 2022, data from the association of automotive manufacturers in Romania (ACAROM) and of Romania’s General Directorate for Driving Licenses and Car Registration (DRPCIV) showed Friday.

Romania's nuclear power producer Nuclearelectrica (SNN.RO) said in a stock market report on Friday that it concluded two contracts worth a total RON1.2 billion for the wholesale energy sale to the companies Enel Energie and E.ON Energie Romania, during the period April 1-30, 2022.

Bike maker Eurosport DHS, controlled by Chinese and German investors, currently has more than 110 jobs available. The company in 2020 had an average number of 319 employees.

SW Umwelttechnik Romania, the local subsidiary of the Austrian company with the same name, a maker of precast concrete products, plans to expand the local production activity by adding a new hall.

The first year of commercial activity on the Romanian market, July 2021-June 2022, will bring Portugal-held company Ascenza Agro Romania around EUR5 million from the sale of plant protection products, according to Antonio Sousa, country manager of Ascenza Romania.

Alpin 2003, managing hotel complex Alpin Resort Hotel, controlled by businessman Claudiu Aron, one of the biggest tourism players in Poiana Brasov resort, ended 2021 with RON36 million turnover, from RON23 million in 2019.

Valer Hancas, communications and corporate affairs manager at Kaufland Romania, says the company has opened five stores since early 2022 and is set to announce further openings. Refurbishment investments will continue, too.