Romania Feed

Rondocarton, part of the Austrian group Rondo Ganahl, one of the largest corrugated cardboard producers, which operates three packaging plants on the local market, in 2021 posted EUR110 million turnover, the first year it went beyond the EUR100 million mark, according to the company’s officials.

Mircea Moga, CEO of retailer Mega Image, believes that in 2022, despite the inflationary pressures, food retail will continue to grow and in this context the company will also expand further.

The bet of Dacia Mioveni assembly factory is to attract into production the future Bigster, the first compact SUV of the local carmaker’s range to be launched in 2025.

They just didn’t identify themselves with the corporate culture, so they decided to embark on a new journey. Three entrepreneurs from Cluj created HEITS digital, a tech start-up that managed, in little over a year, to attract a team of 70 engineers with a passion for the tech field, who are now working on software […]

Launched in 2020 and updated in 2021, the #HRSpotlight interview series enters its third era receiving another revamp for 2022. Together with the best HR professionals in Romania, Business Review will keep exploring the #futureofwork and to find out how leading companies have balanced out all the challenges of recent years, creating strong employer brands […]

DIGI Group, through the operations of telecommunications company RCS & RDS S.A. and of all its entities operating in Romania, paid RON172 million in taxes and duties to the Romanian state budget in January-February 2022.

Entrepreneurs in Romania have received funds worth over RON1 billion, through the IMM INVEST and AGRO IMM INVEST programs, in the first month since the launch of the two programs, the country’s finance ministry said on Friday.

Hope and Homes for Children will build in Iasi, with the support of MaxBet, the first Respiro center in the county for children with mild, moderate and severe disabilities. With an investment of 550,000 euros, the center will have a capacity of 12 places and will offer integrated services and fixed-term recovery for children and […]

Forty Management, one of the leading developers of green real estate and urban reconversion projects, announces the signing of the lease agreement for the last commercial space available within Central District 4 Elements project, located in Titan area. The 1,000 square-meter space is taken over by the Stay Fit Gym fitness center.   „The opening […]

AFV Beltrame Group, one of the largest producers of steel bars and special steels in Europe, has completed the acquisition of the functional production assets of the Târgoviște Special Steel Plant, by concluding the transfer of ownership documents and full payment of the price in the amount of 38.3 million euros + VAT. AFV Beltrame […]

Ukrainian citizens can work in Romania on the basis of a full-time individual work agreement without the need for a work permit and without observing the nine-month period in a year limit for an employment agreement, as under the normal rules, according to Dentons’ legal team in Bucharest.   In addition, the right of residence […]

More than 60% of entrepreneurs in the NextUp community say that their business and activity are directly or indirectly affected by the situation in Ukraine, which has generated higher prices and costs or blocked collaboration with external suppliers, according to an analysis by NextUp, one of the most important software manufacturer for scaling companies.   […]

The Romanian company Color Smart Distribution, sole importer and distributor in Romania and Republic of Moldova of Benjamin Moore and Novacolor, expands its portfolio and brings to Romania and the Republic of Moldova the American brand of premium paints, Pittsburgh Paints.   Pittsburgh Paints is the world’s No. 1 brand of paints and special materials […]

The map of football lovers from Romania and abroad will be enriched, starting with this year’s summer, with a new destination: Football Museum Bucharest. The first museum dedicated to football inaugurated in Romania will be located in a building of over 1.500 sq m in the Old Town of the Capital, dedicated exclusively to exhibitions […]

Who are T-shaping specialists, how do they differ from narrow-profile professionals, and why do many big companies want to get them? Let’s explore these questions and tell you if it is possible to develop T-shaping skills and, most importantly, why.   What T-shaping Means Since the birth of factories and the development of collective production, […]

Romanian startup Salarium and Edenred have jointly developed a package of extra-salary benefits with a component of salary advance payment, company officials said in a statement.

At the beginning of this month, Kanal D Romania celebrated 15 years since its first broadcast in our country, so, to mark the occasion, Business Review sat down with Fatih Salis, News and Internal Productions Director, for an exclusive interview in which we tried to find out more about the TV channel’s journey so far and its […]

Raluca Radu, Country Manager of Answear, was a speaker in the opening panel at Business Review’s recent re:FOCUS on eCommerce, Retail & Logistics 2022, where she shared her perspective as an eCommerce specialist concerning trends, challenges, and strategies to run a thriving online business. By Mihai Cristea & Deniza Cristian   The pandemic-related restrictions on in-store shopping […]

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, has increased to 4.39% a year on Friday (March 18, 2022), from 4.37% a year on Thursday (March 17), in line with central bank data.

Romania's seasonally adjusted unemployment rate reached 5.9% in the fourth quarter of 2021, higher by 0.6 percentage points as compared with the one recorded for the third quarter, data from the country's statistics board INS showed Friday.