Romania Feed

Monza Romania Group, held by Italy’s Policlinico di Monza, which operates four hospitals in Romania, ended last year with EUR62.5 million revenue and expects EUR70 million revenue in 2022, its officials said.

CEO confidence in the global economy’s growth prospects is at a ten-year high globally, according to the 25th PwC CEO Survey. Of the respondents, 77% expect the global economy to improve in 2022 compared to 2021.

AROBS Transilvania Software (AROBS.RO), a Romanian IT company that provides software services and solutions, benefits as of Tuesday (January 18), a month after its listing, from the Issuer's Market Maker (IMM) services provided by BRK Financial Group (BRK.RO).

EMI, a company operating integrated solutions and services for industrial access, together with Morphosis Capital, announced the formation of an Advisory Board composed of four top executives in the Romanian business environment.

Agroland Business Systems (AAB.RO), the most extensive farming store chain in Romania held by businessman Horia Cardos, has attracted RON14.7 million from investors and finalized the share capital increase operation.

Real estate consultancy company JLL announces a new addition to the the local Tétris team by recruiting Vlad Stanislav as Managing Director.   Tétris is a subsidiary of JLL that was launched on the Romanian market in 2020 and is based on the idea of offering customised space design solutions (turnkey fit-out) for offices, homes […]

OTP Bank, the largest banking group in Hungary, also present in Romania, has appointed Bogdan Spuza to the position of Chief Executive Officer (CEO) of its division in the Republic of Moldova, according to data from bank representatives.

Silk Tea launches its first products on Kickstarter, through a start-up campaign. Elegant and subtle, the new tea embodies 15 years of research, reinvention, and expertise. Numbered from 1 to 500, Silk Tea Experience tea boxes offer an exclusive opportunity to own a unique, innovative product with history.   A limited-edition private collection, the offer is […]

INKI is the world’s first all-inclusive Device-on-Demand service for companies, making it easy for them to rent equipment such as laptops, tablets and phones. INKI transforms the ownership and management of these devices into a monthly subscription which includes maintenance, insurance and data security, as part of the service. Thanks to the flexible contract, the […]

Practic SA (PRBU.RO), one of the largest owners of street-level retail space in Bucharest, held by Radu Dimofte, has sold a plot of land located on Primaverii Boulevard in Bucharest, for which it collected RON19.7 million (EUR4 million) as advance payment.

New car registrations in Romania dropped by 4.1% on the year to 121,208 units in 2021, placing the country 14th in the European Union, data from the European Automobile Manufacturers Association (ACEA) and the association of automotive manufacturers in Romania (ACAROM) showed Tuesday.

EMI, the national leader in integrated solutions and services for industrial access, together with Morphosis Capital, announces the formation of an Advisory Board, composed of four top executives in the Romanian business environment – Gemma Webb, former CEO of British American Tobacco in Romania, Adela Jansen, partner at Druid, Cristian Covaciu, CEO of IPEC Alba […]

Brio®, the ed-tech platform for measuring educational performance, reaches a value of 5.5 million euros (post-money evaluation) and announces the opening of a new round of investments through SeedBlink. The company thus reaches double value compared to September 2020, when it carried out the first financing campaign on the same crowd investing platform.   This […]

Turda-based precast concrete product maker ASA CONS, the builder of the MDF plant of Oarja, near Pitesti, a EUR150 million project of Turkey’s Yildiz Entegre, expects EUR21-22 million turnover in 2022, after having ended 2021 with total revenues of almost EUR24 million.

Astra Vagoane Calatori, one of the biggest players on the local rolling stock market, controlled by Valer Blidar, in 2021 doubled its turnover and for 2022 expects it to at least stay at last year’s level.

Baicoi-based roofing systems maker Novatik in 2021 started an over EUR1.2 million investment and hopes to complete it in the first half of this year.

Swedish medical services provider Medicover has announced a new deal on Romania’s private healthcare market, namely, the acquisition of MediPlus, a Romanian cross-disciplinary clinic dedicated to women’s health.

Private healthcare services network Regina Maria, the biggest player on Romania’s market, owned by investment fund Mid Europa Partners, expects to cross the EUR300 million threshold in terms of turnover this year.

Romania exported 4 million tons of wheat of the 2021 harvest, namely over 35%, by late December 2021, thus ranking first among wheat exporters in the Black Sea area and in the EU, according to Cezar Gheorghe, grain trade expert analyst at Romanian Farmers’ Club.

“We estimate CRC group (Chimcomplex is part of i.e.) will go beyond the first billion euro in terms of commodity production in just three years and turnover will reach EUR10 billion only vertically, by the end of the decade,” says Stefan Vuza, chairm and majority stakeholder in Chimcomplex.