Romania Feed

Private healthcare services provider Gral Medical, one of the biggest on Romania’s market, controlled by Romanian entrepreneur Robert Serban, ended 2021 with EUR43 million turnover and for 2022 expects to reach the EUR50 million threshold, according to the company’s officials.

Romania’s tourism sector in 2021 generated revenues worth $1.1 billion, with the biggest receipts recorded by operators that sold holiday packages, namely travel agencies, and by hotel owners, in line with statista.com data.

Business Review continues the #25×25 Interview Series with another episode featuring a company that has been for 25 years on the Romanian market: SofMedica Group. For this occasion, we sat down with none other than the Group’s CEO & Co-Founder, Georgios Sofianos.   Starting with a bit of historical background, what can you tell us about […]

Wellness and relaxation complex Therme Bucharest plans to invest another EUR50 million in the next five years in expansion and new facilities.

DN Agrar, a Dutch-held group of firms operating in the fields of animal husbandry, farm production, farming services, logistics, transportation, tourism and advisory services, got the greenlight from the Competition Council to acquire cattle farm DN Agrar Apold from Dutch investment fund Garbova CV.

Nuclear power producer Nuclearelectrica (SNN.RO) on Friday notified shareholders and investors that based on the order to open a negotiated interest deposit, the company placed a RON52.5 million deposit with CEC Bank on January 21, 2022.

Lender Patria Bank (PBK.RO), held by investment fund Emerging Europe Accession Fund (EEAF), said in a stock market report on Friday that, within the share capital increase operation approved by shareholders in October 2021, a total 163.5 million new shares, at a price of RON0.1 per share, were subscribed by exercising the preferential right.

The International Investment Bank (IIB), founded in 1970 by several countries including Romania, on Friday said it started the implementation of the financing plan for 2022, with two transactions carried out in lei (RON) and Czech crowns (CZK) under the MTN program of the institution.

Nearly three quarters (72%) of Chief Executive Officers in Central and Eastern Europe (CEE), including Romania, expect cybercrime to increase in 2022, as last year was one of the most challenging ever for cybersecurity, according to the CEE edition of the PwC 2022 Digital Trust Insights.

MAM Bricolaj (MAM.RO), a supplier of materials and furniture accessories, held by the Gavan family, has celebrated on Friday (January 21) the first year since its listing on the AeRO market of the Bucharest Stock Exchange (BVB).

Law firm Wolf Theiss said it acted as legal advisor for Enercon GmbH Group, Germany’s largest wind turbine manufacturer, on the sale of an operational wind farm with a 34.5 MW capacity, located in the Stejaru commune (Tulcea County), to Premier Energy.

The rate at which people know and connect through different social media platforms skyrockets every passing minute. These users are active in their engagements in liking pictures and viewing videos. If there is a need to have many people find you on the explore page and frequently entertain with your content, it will be a […]

A Speaker in the first panel, titled “Keeping an eye on the #futureofwork,” at BR’s recent Working Romania HR Conference, Mihai Găvan, HCM Global Sales Director at TotalSoft, discusses HR processes, digitalization solutions, and the future trends in HR tech, both globally and locally.    He says that TotalSoft is a company that had always […]

A Speaker in the All-Star | Employer Branding panel at BR’s recent Working Romania HR Conference, Gabriela Neamtu, Head of Corporate Center & HR at MOL Romania, shares some insights about their strategy and organizational culture, that create a safe and satisfying place for the employees, and how does this help the company.   For […]

Red Bull Racing announces a new, exclusive partnership with leading global online gambling and entertainment brand PokerStars ahead of the 2022 Formula One season. The multi-year partnership, which features branding on the RB18 and the race suits, is aimed at F1’s growing audience as increasing technological advancements help to service and provide fans with new […]

Romania’s Competition Council has approved a transaction whereby Autonet Group Holding (AGH), part of Switzerland’s Swiss Automotive Group (SAG), acquired in October 2021 the majority stake in automotive parts wholesaler Augsburg International (AL).

The user experience (UX) that people receive when they visit a website is essential, and it should help them achieve their goals without any difficulty. This user experience shouldn’t stop at your website; it should go beyond your website and complement other parts of your brand. Your brand needs to be consistent, and this includes […]

The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had record assets of RON89 billion (EUR18 billion) in 2021, higher by approximately RON14 billion (+19%) on the year, financial regulator (ASF) data showed Friday.

The resilience of retail business models or concepts amid different crises might be what makes the difference between success and failure in the future, as uncertainty could be the keyword for both the business environment and society. From this point of view, Adrian Ariciu, CEO at Metro Romania, says that a customer-centric approach—a business model […]

OVES Enterprise, a software development company from Cluj, opens in Munich, Germany, its first office abroad, as part of the international expansion strategy which aims that the company to be present in 5 countries by the end of the year: Germany, USA, United Arab Emirates, United Kingdom and Spain.   The expansion in Germany is […]