Romania Feed

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 […]

The first #Call4.0Leaders episode of 2022 sees us talking to Paul Harfas, Co-Founder of Octavic, a man on a mission of building Octavic’s Industry 4.0 MoM System as a go-to system for factory floor digitalization, while providing value to the industrial ecosystem by empowering Smart Factories to operate at top efficiency.   What projects have you carried […]

ROCA Industry, the holding which draws together the building materials manufacturers included in the portfolio of ROCA Investments has signed the acquisition contract of a 70% package of shares from Eco Euro Doors (EED).   The most important Romanian manufacturer of doors for residential buildings, with an experience of 27 years on the market and […]

QUALITANCE, the international tech and innovation company founded in Romania, has announced that the company’s operations will be led by Radu Constantinescu starting January 20th, 2022. QUALITANCE co-founder Radu Constantinescu takes over as Chief Executive Officer from Mike Parsons, who has held this position since 2020 and remains with the company as Chairman of the […]

Oves Enterprise, a Cluj-Napoca-based company specialized in software development, with turnover of around RON14 million at end-2021, announced it is set to open an office in Germany, in Munich, and expand its team by around 60 people this year.

Radu Piturlea, deputy chairman of Romanian builder Concelex, says the company wants to end the next two years with rising results and it already has contracts worth over EUR420 million sealed for the 2021-2025 period.

Michelin Romania, part of French group Michelin, one of the world’s biggest tire manufacturers, has come to have more than 4,500 employees locally.