Romania Feed

OMV Petrom, the largest energy company in South-Eastern Europe, has invested EUR1.5 million at the Petrobrazi refinery to streamline the lighting system of its ten industrial ramps where crude oil and feedstock is unloaded and oil products are loaded.

TotalSoft, one of the leading providers of business information systems in Central and Eastern Europe, launches a new continuous-feedback solution for employees. It comes in the form of a module integrated in Charisma HCM, the TotalSoft human resources management system. The concept responds to the need for real-time feedback of new generation of employees and […]

Romanian technology company 2Performant Network (2P.RO), the leader of the Romanian affiliate marketing market, reported a turnover of RON20.2 million in 2020, up 31% on the year, and a net profit of RON0.8 million, up 17% on the year.

Egger Romania, part of the Austrian supplier of wood-based material for furniture industry and interior decorations, construction and flooring Egger, posted about EUR299 million revenue in 2020, more than 9% lower than in 2019, ZF has calculated from the data provided by the company and from the Finance Ministry.

The Bucharest Stock Exchange Group (BVB.RO), which operates the Romanian capital market, reported a consolidated net profit of RON6.2 million for 2020, down 7% compared with 2019.

ISACA Romania Chapter and Revista CARIERE organize the virtual event themed “Expect the unexpected. Rewind. Reshape. Rethink. Restart” during 2nd – 4th March 2021. During the three days, at the ISACA Romania Chapter Virtual Event there will be debates on hot topics related to governance and regulations on information control and security, technology and leadership, […]

Companies in Romania’s outsourcing industry have not been affected by the COVID-19 pandemic too much and plan to continue hiring in 2021. Nine of them told Ziarul Financiar they sought to hire some 1,850 people this year.

You’ve heard it millions of times growing up, “You need to study hard so you can get a good education” but you also might be wondering, why? It’s a good question to ask because too many people mindlessly believe that they need to go to school because their parents, their teachers, or their friends said […]

Organic fertilizer producer Norofert Group (NRF.RO) on Tuesday reported a consolidated turnover of RON24.4 million in 2020, up 64% from 2019, and a net profit of RON6.3 million, up 36% on the year.

Schaeffler Romania, the local subsidiary of Germany’s Schaeffler group with global revenue of EUR14.4 billion, reported a turnover of over RON2.6 billion (EUR539.8 million) in 2020, up 1.67% on the year, per ZF calculations based on company and finance ministry data.

TerraGaz Construct, a construction company held by brothers Traian and Alexandru Bunea, reported a turnover of approximately RON230 million in 2020, after a nearly 40% increase compared with the previous year. Its profit dropped below the RON12.7 million level reported in 2019.

Romanian cybersecurity company SafeTech Innovations (SAFE.RO) on Tuesday (Feb 23) signed a contract worth RON4.7 million, VAT not included, for the provision of subscription services for maintenance, repairs and ensuring the security of the computer system, the company said in a stock market announcement.

Fondul Proprietatea published today its financial results for 2020 and would like to share the following highlights: The Fund’s share price registered a strong performance in the second part of 2020, following the rebound of global stock markets, which led to a historical high level of the share price of RON 1.4500 per share registered […]

2020 will go down in history as a challenging period for many industries. The COVID-19 pandemic has changed the global economy and the way of doing business. Despite this, Raben Group has finished the previous year with the revenues exceeding 1.26 billion Euro, and new investments, implemented services and numerous awards are the best proof […]

The net assets of the 224 domestic and foreign open-end and closed-end investment funds operating in Romania grew by 2.9% in January 2021, to RON45.7 billion (EUR9.4 billion), and by 2.9% since the beginning of the year, the Association of Fund Administrators said Tuesday.

Swiss digital game developer Miniclip has become majority shareholder in Green Horse Games, a Romanian company founded in 2013 by George Lemnaru. The transaction marks Miniclip’s entrance on the Romanian gaming market.

The European Commission has approved an aid of EUR254 million from structural funds to support the upgrade of the central heating system of Romania's capital city Bucharest.

Workspace Studio, a company specialized in ergonomic office design solutions and the unique accredited partner of Herman Miller in Romania, announces the trends that are emerging in the design of workplaces. The current offices are adapted to a hybrid office-remote work system. Thus, open spaces become more airy, with ergonomic and flexible workstations, acoustic booths […]

Innobyte, a Romanian software development company specialized in eCommerce, ended 2020 with a turnover of EUR 1.8 million, 55 percent higher than in 2019. The favorable context and dynamics of online offer premises for maintaining the growth trend. For 2021 the company’s representatives estimate that Innobyte will exceed the turnover of EUR 2 million, and […]

Golden Foods Snacks, which owns the ELMAS brand of seeds, nuts and dehydrated fruits, listed its second issue of corporate bonds on Bucharest Stock Exchange on Tuesday under the ELMAS23 ticker symbol.