Romania Feed

Art City is a premium residential project developed by Art Property Development, a company that takes from the DNA and expertise of Bog’Art, from the first line of architectural concept to the last detail of execution. Art City will be completed in September 2022 following an estimated investment of EUR 20 million.   Art City […]

Portico Investments, a commercial property management company, has reached a portfolio of 20 properties in Romania in its 17 years of local presence. In each of the last two years, marked by the COVID-19 pandemic, the company bought two such premises.

Restart Energy, one of the largest independent energy suppliers on the Romanian market, on Monday announced the signing of the connection contract for the 50 MW solar energy project in Sarmasag (Salaj County), an investment estimated at almost EUR40 million.

InnovX-BCR, the technology business accelerator program, has selected seven companies from Romania, Moldova, Spain and Slovakia out of eleven startups that entered the bootcamp between November 1, and December 16, 2021.

Romania's finance ministry on Monday raised RON1.2 billion selling bonds maturing in 2027 and 2034, at annual average yields of 5.09% and 5.51%, respectively.

HEINEKEN Romania announces changes in the organizational structure and in the management team. As of January 1st, 2022, Gheorghe Andresz, Traditional Trade & OOH Director of HEINEKEN Romania and member of the Management Team, is appointed as Sales Director of HEINEKEN Romania and will be in charge of coordinating the entire sales function and the […]

Automotive safety systems manufacturer Autoliv approved the start of a RON165 million (approximately EUR55 million) investment in its Lugoj plant in Romania in 2021, where 300 new jobs will be created.

Heineken Romania appointed Gheorghe Andresz to the position of Sales Director starting January 1, 2022.

Today, Visa announced a new platform, Visa Acceptance Cloud (VAC), set to revolutionize the way businesses accept payments from their customers. Following the success of the company’s popular “Tap to Phone” solution, VAC will let acquirers, payment service providers, point of sale (POS) manufacturers, and Internet of Things (IoT) players move payment processing software from […]

Global business leaders harbor major concerns over the decisions and omissions made by Artificial Intelligence (AI) systems – despite the fact that 60% of companies now use them.   Dentons, the world’s largest law firm, has conducted a survey of global business leaders on their organizations’ use of AI, as well as on the risks […]

PepsiCo, the second largest player on the Romanian soft drinks market, has included in its Romanian snacks portfolio the Cheetos corn puff brand that is present in over 40 countries.

Waterdrop, the Austrian start-up launched on the Romanian market in September 2021, continues to develop on the local market. By 2022, the company aims to grow its existing customer base by 60% and penetrate the local market more strongly as a partner in online stores, encouraging a balanced lifestyle and an optimal hydration regime.   […]

Medicover, the only producer of private medical services in Romania, with international expertise, announces that it has acquired the majority stake at Mediplus, a cross-disciplinary clinic dedicated to women’s health. The 18 plus years of experience with the excellence of the Mediplus team, coordinated by the repute Dr. Iosif Niculescu bring a considerable advantage for […]

Law firm Filip & Company has assisted Tiriac Group in the sale of Tiriac Leasing to Banca Transilvania.

The German-based doctari group opened a technology hub in the Iulius Town mixed-use complex in Timișoara in order to enable the development of an integrated platform of the future. In 2022, 30 professionals are expected to join the hub with applications still open (doctarigroup.ro). With the use of the latest technologies like JavaScript, React and […]

Romelectro, Romania’s largest energy project contractor, on Monday said it filed for insolvency proceedings in Bucharest Court on Friday (January 14).

Schneider Electric, the leader in digital transformation and energy management and automation, and the world’s most sustainable corporation 2021 as ranked by Corporate Knights, today at CES 2022 revealed the latest innovations in Smart and Sustainable Homes as part of its commitment to address the growing demand for resilient and sustainable home energy solutions. These newly revealed innovations include the first sockets and switches […]

Filip & Company assists Țiriac Group in the sale of Tiriac Leasing to Banca Transilvania. The transaction signed on Friday, 14 January, is still subject to certain terms and conditions as well to a clearance from the Romanian Competition Council.     “Transactions keep happening in such good times for the Romanian M&A market. However, […]

Technological innovations and global circumstances naturally affect consumer behavior. Purchase trends change as society progresses or go through unforeseen challenges — like a global pandemic. In this Macropay review, we’ll discuss how you can use APMs to navigate the changes that affect how your customers interact with your business.   As COVID-19 wreaked havoc, the […]

Restart Energy, one of the main independent energy suppliers on the local market, announces the signing of the connection contract for the 50 MW solar project from Sărmășag, Sălaj county. The project represents an investment of approximately 40 million euros, money that will be used for the construction of the park that will be functional […]