Romania Feed

Back when it was released to the public in 2009, Cryptocurrency, especially Bitcoin, was considered nothing more than just an intriguing phenomenon. Despite futurists and technicians foreseeing the potential cryptocurrency holds in the future, it wasn’t drawing much attention or interest as an investment in general.   As the years pass by, hundreds of more […]

The Romanian subsidiary of the European IT group Cegeka ended 2021 with growth of 18% in revenue and expects growth of 28% for 2021. It also plans to hire at least 200 people in Romania and 75 in the Republic of Moldova, the company said.

A bear market rally alludes to an ascent in crypto costs after the dive into a bear market. However, one that is only a transitory ascent before new lows. A bear market is characterised by a delayed drop in venture costs, by and large when costs fall by 20% or more from their latest high.  […]

HiSky started the operation of flights from the company’s new hub, Otopeni Airport in Bucharest.   Passengers from the capital city will be able to travel with HiSky to Timisoara and Cluj but also one of the sought-after tourist destinations, Israel – Tel Aviv. At the same time, during the summer, the company will operate […]

A premiere for the Transylvanian region, DP World invests USD 15 million in an intermodal terminal in Aiud, as the logistics company aims to transform the way goods are transported from Romania to the rest of the world.   The launch of the intermodal terminal in Aiud was marked through a press conference at which local […]

The new economic context and the increase in the cost of utilities have resulted in a 10-15% increase in the demand for air conditioning equipment for the residential sector. The market for air conditioning equipment for the residential segment continues to grow by about 10% annually since the beginning of the pandemic. In 2021 the residential […]

The European IT group Cegeka continues to grow year after year. Based in Hasselt, Belgium, the tech group, closed the 2021 financial year with a consolidated turnover of EUR 744 million: this is a 16 percent increase over the previous year. 2021 was another year of continuous growth, innovation, and investment for Cegeka, and these […]

The turnover of recycling companies in Romania could reach RON13 billion (EUR2.6 billion) in 2022, which would translate into an increase of 2.36% compared to 2021, in line with an analysis released by KeysFin.

Dent Estet Group, part of the MedLife Medical System, ended 2021 a turnover of RON107.6 million, a 60% increase compared to RON67.1 million in 2020, according to data provided by company representatives.

Football fans from everywhere can now digitally equip their favorite athletes with a new and special kit created in our country for the EA SPORTS FIFA 22 global community.    MullenLowe Romania  designed for EA SPORTS FIFA 22 a football kit inspired by Romanian traditional masks and folklore symbols. The launch is part of EA SPORTS’ continued […]

Romania's state-owned postal operator Posta Romana (CNPR) and Auchan Retail Romania concluded a partnership to sell food and non-food products within post offices across the country.

Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, extends its lease contract for an additional office space of 1,000 square meters within the Globalworth Tower in capita city Bucharest.

Turbomecanica (TBM.RO), Romania’s only maker of turbojet parts and mechanical assemblies for aircraft, had a turnover of RON25.47 million in the first quarter of 2022, up 16.8% from the year-earlier period, in line with calculations by Ziarul Financiar (ZF) daily based on a stock market report.

Tire and inner tube distributor Nexxon, headquartered in Targu Secuiesc (Covasna County), forecasts a 30% higher turnover in 2022 compared to 2021 when it reported a turnover of RON193.2 million (over EUR39 million).

Local startup firm SenseTask, which developed a smart platform for document processing, will be listed on the Seedblink equity crowdfunding platform on Tuesday (May 17) in order to attract seed funding, being supported by Constantin Marcu, a Romanian entrepreneur and business angel.

Austrian construction company Strabag reported revenues of EUR264 million in Romania in 2021, up 5% versus 2020, in line with data from the Group's latest financial report for 2021.

2022 social media statistics tell us that there are now over 100 social media platforms currently in existence and it’s not looking like that number will be waning any time soon. Humans are social beings, and there’s always a need for us to stay connected with our friends and family.   Social media platforms like […]

If you’re a small-time musician, getting your work across the Internet is a challenge. With so many competing to be on top, how can you boost your presence without having to pay too much to promote?   One way is to buy Spotify plays, which can boost your music career in many ways. This post, […]

Technology has impacted our daily lives in numerous ways. From healthcare to manufacturing to the education, finance, and insurance industry, technology has brought new developments to promote personalization and increase customer experience.   In the insurance industry, insurance companies have traditionally calculated premiums based on the make, model, age of the car, and other such […]

Banca Transilvania (TLV.RO) financial group made RON400 million consolidated net profit in the first quarter of 2022, down 39% from the RON656 million of the same time in 2021, ZF has calculated from the data in the report published on the Bucharest Stock Exchange.