Romania Feed

ING Bank was involved in a new green bond issue worth EUR500 million for NEPI Rockcastle, the largest owner of shopping centers in Central and Eastern Europe, also present in Romania, and the funds will be used to refund the portfolio and fund the energy efficiency projects.

Romanian startup Qoobiss, which offers digital identity verification services and automates the KYC (Know-Your-Customer) process for Romanian ID cards, has signed a partnership with online sports betting company Get’s Bet, for the provision of digital identity verification services.   With the Qoobiss software automatically verifying customer identification data, the Get’s Bet online betting platform ensures […]

Pago, the Romanian mobile app through which almost 10 million utility bills worth over 1.1 billion lei have been paid, announces the launch of the money transfer, simple and real-time, to any card issued by a bank in Romania, only based on the phone number.   Thus, Pago users can transfer money via the app […]

Shareholders of Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, on Friday approved a new Board of Directors, with mandates until May 30, 2023, and a monthly remuneration of EUR4000 for each member.

At the end of last year, Mihaela Hoffman took over the position of Coffee & Premium Spirits Business Director within Coca-Cola HBC Romania, the leader of the local beverages industry. In her new role, she will lead the growth of the coffee and premium spirits portfolio. Mihaela’s role is a strategic one, significantly contributing to […]

Shareholders of Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, on Friday approved the distribution of a gross dividend of RON0.9021 per share, with the total amount reaching RON35 million, from the undistributed profit of 2020.

Agroland Agribusiness (AAB.RO), part of the Agroland Group and specialized in the sale of inputs for conventional and organic agriculture, targets net sales of RON47.9 million, an EBITDA of RON4.2 million and a net profit of RON3.3 million at the end of 2022.

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, grew to 3.19% a year on Monday (Feb 7) versus 3.11% a year on Friday (Feb 4), central bank data showed Monday.

The European Bank for Reconstruction and Development (EBRD) will guarantee up to 65% of each individual loan granted by Raiffeisen Bank to eligible clients and its commitment could reach up to EUR100 million under a risk-sharing agreement signed by the two lenders.

The International Investment Bank (IIB), founded in 1970 by several countries including Romania, reported a net profit of EUR7.9 million for 2021, up 8% on the year, mainly due to revenue growth from its core activity.

Cegeka, a Belgian-based IT&C solutions provider, announces the third edition of Cegeka Academy, an educational program designed for students in their final years or master’s degrees at technical faculties in Bucharest.   The program is limited to 50 students and will last 12 weeks, from March 1 to May 31, 2022, with a focus on […]

Viorel Vasile, Cards Unit Director at Alpha Bank Romania, will be a speaker in the first panel of BR’s upcoming re:FOCUS on eCommerce, Retail & Logistics, dedicated to eCommerce and the Courier Industry, where he will delve into important topics such as the newest trends in alternative payments methods and their impact on eCommerce, the Alpha Phone […]

Cristi Movila, Eastern Europe General Manager for VTEX, will be a speaker in the first panel of BR’s upcoming re:FOCUS on eCommerce, Retail & Logistics, dedicated to eCommerce and logistics industry, during which he will discuss the main trends in eCommerce, the evolution of marketplaces, and VTEX’s new features available for online stores.   With over 14 […]

The number of real estate deals in Romania stood at 39,510 in January 2022, fewer by 34,919 than in December 2021, data from the national cadaster agency ANCPI showed Monday.

Lucian Baltaru, CEO Sameday, will be a speaker at BR’s upcoming re:FOCUS on eCommerce, Retail & Logistics. He will be part of the first panel of the day, dedicated to eCommerce and the Courier Industry, where he will talk about the huge potential for online retail and courier companies to develop further, both in Romania and in the […]

Intesa Sanpaolo Romania, the local subsidiary of Italian Intesa Sanpaolo Group, reported a net profit of EUR2 million and a pre-tax profit of EUR5 million, in line with data released by Intesa Group.

Decor Floor, a leading company in the commercial floors sector on the real estate market, with a history of 17 years and revenues of 15 million Euros in 2021, announces the change of the company’s name into WeMat.   “The rebranding decision came in the context of a growing business and the expansion of the […]

Management solutions and BPO service provider Sykes Enterprises Eastern Europe, part of US Sykes group, has 70 jobs available at its Cluj-Napoca office.

Electroglobal Cluj, a supplier of electrical solutions and equipment for industrial automation and lighting systems, controlled by Radu Ciorba jointly with Maksay Csaba, has budgeted investment to boost production and logistic capacity in 2022.

Francois Coste, CEO of Groupama Asigurari says he expects 2022 to be a year of sustainable growth for the company, as well as a year to strengthen the good results generated in 2021. The company will continue to focus on developing its business lines.