Romania Feed

PPF Real Estate, a developer and real estate assets investor held by Czech billionaire Petr Kellner, seeks again to buy office or even industrial buildings in Romania.

Romania's annual inflation rate grew to 3.2% in February from 3% in January, still driven by higher electricity prices following the liberalization of the country's retail electricity market on January 1, data from the country's statistics board showed Thursday.

OMV Petrom, the largest energy company in South-Eastern Europe, said Wednesday it has signed a production sharing contract for the offshore Block II in the exclusive economic zone of Georgian Black Sea.

Gramma Wines, a Romanian winery based in Iasi, plans to invest over EUR1 million this year in eight tiny guesthouses in the vineyard and two new spaces for wine tasting and presentations.

Catted Business Park, an industrial park developed exclusively for SMEs by Catted Group in Chitila, near Bucharest, has been fully let in just six months since its construction.

Euroins Insurance Group is proud to announce Tanja Blatnik as its new General Manager for Romania. The proposal of Euroins Insurance Group was accepted by the Financial Supervisory Authority of Romania. Mrs. Blatnik joins Euroins România with over 20 years of experience in the insurance industry, managing and leading important operational teams and innovative projects […]

95% of businesses need to manage their unstructured data. And that’s not surprising.  The amount of data an average company can access has skyrocketed over the past few years. With marketing and analytics tools becoming more accessible and powerful, making data-driven decisions became a possibility not only for large corporations but for small businesses as well. […]

FREE NOW, European leader in multimodal mobility services, expands the unique vaccination support initiative in Romania and continues to offer free rides to all passengers traveling in March through the FREE NOW taxi and ridesharing app to get immunized against Covid-19. The initiative launched by the FREE NOW group in February, with a total investment […]

UPS, The UPS Foundation and UPS Healthcare are moving quickly to support an equitable delivery program and sustainable global supply chain of COVID-19 vaccines. UPS, in collaboration with COVAX, Gavi, the vaccine alliance and CARE will initially facilitate the delivery of 20 million doses for countries that have not had sufficient access to vaccines, including […]

Adi Hădean association is announcing the expansion of #SolidarSocial project as well as the opening of a new humanitarian canteen in Constanța. The canteen will supply daily 120 of those in need  from two cities, namely Albești and Negru Vodă. The whole event will take place at the Apus de Soare restaurant inside the Scandinavia […]

Eliminating language barriers is a key step to enabling a truly global, hybrid workforce. To help, today Cisco announced the availability (in preview beginning this month) of its real-time translation feature while also dramatically expanding the language library from 10+ to more than 100 languages.   Users can create their own personalized Webex meeting experience  […]

Last weekend marked the start of the Innovation Labs 2021 program with two online Hackathons, held in parallel – in Cluj and Timisoara. Within them, 23 teams based on technical innovations qualified for the 7-month mentoring program, organized by the Tech Lounge Association, Transylvania Institute of Technology Foundation, Calemis Association, EduHub and Cowork Timisoara with […]

Real estate developer HAGAG Development Europe starts construction works on its property near University square. H Tudor Arghezi 21 is the second office project that the company is developing on the local market, and the investment in the reconversion of the building will exceed EUR 4 MLN. The project is fully leased.   Located right […]

Visionapartments, a company owned by 44-year-ld Swiss millionaire Anja Graf, signed an agreement Wednesday to acquire the former Ramada Majestic hotel located on Calea Victoriei in downtown Bucharest.

Being a leader is a constant challenge in every organization, especially during the last few years when trends and behaviors changed at accelerating pace. Generations gaps began to be more evident and career paths mean different things for employees. And when above all daily challenges, we face a pandemic that transforms our working habits, remaining […]

Working out is a good hobby and activity to engage in because it is great for you and helps promote healthy lifestyle choices. The key to working out is knowing that it’s not all about what you do in the gym and that there is just as much importance to the things you eat and […]

Real estate developer HAGAG Development Europe, part of Hagag Group of Israel, said Wednesday it has started modernization works on an office building located in downtown Bucharest, an investment of EUR4 million.

Agroland Group (AG.RO), the most extensive farming store chain in Romania held by businessman Horia Cardos, reported a net profit of RON10.3 million for 2020, four times higher compared with 2019.

The owner of the Winmarkt shopping centers has budgeted a return to growth this year after the pandemic made 2020 the most difficult year for the group operating in Italy and Romania.

Dobrogea Grup, one of the largest milling and bakery businesses in Romania, has budgeted EUR2 million investments in 2021, after completing a more than EUR1 million investment in an automated frozen pastry production line.