Romania Feed

Arctic, the leader of the Romanian home appliances market and one of the main contributors to the local economy, marks the production of 40,000,000 refrigerators in its Găești, Dâmbovița factory. Following Arçelik’s investments, totaling over EUR 154 million, the refrigerator factory in Găești is currently the largest appliance factory in Continental Europe, with a production […]

Romania's current account balance posted a deficit of EUR13.85 billion in January-October 2021, compared with a deficit of EUR8.7 billion in the same period in 2020, central bank data showed Tuesday.

Lender Banca Comerciala Romana (BCR), one of the most important financial groups in Romania, lists on Bucharest Stock Exchange the third bond issue this year, worth RON600 million.

For this Christmas, Business Review has started a list of Romanian entrepreneurs and businesses offering Christmas packages and gifts. For those interested in timeless handmade products, Business Review talked with Mariana Cismaru – Maruan Stained Glass founder, a local brand specializing in stained glass.   How do you describe your work to someone who doesn’t know […]

Last year, Business Review started a holiday special editorial series featuring Romanian entrepreneurs and businesses which offer Christmas packages and gifts. This year, establishing our very own BR Christmas tradition, we will continue the shopping list with fresh new ideas for your family, friends, or colleagues.   2021 BR’s Christmas List: handmade Christmas ornaments It’s definitely the […]

Romanian software company Bitdefender, a global leader in the cyber security solutions market, officially confirmed that it had started procedures for its future listing in the US.

Private healthcare services network Regina Maria in 2021 maintained a two-digit growth pace against 2020, reaching EUR280 million turnover, up 18%, according to Fady Chreih, the network’s CEO.

Management solutions and BPO service provider Sykes Enterprises Eastern Europe, part of US Sykes group, has 80 jobs available at its Cluj-Napoca office.

Daniel Minciuna, founder of Nichiduta Trading, a company specializing in children’s products retail, expects turnover to stagnate in 2021 on the year, at around RON40 million.

Aquila Part Prod, the biggest player on Romania’s consumer goods distribution market, ended the first nine months of this year with revenues worth RON1.3 billion, up 19%, and net profit of RON43.8 million, 21% higher than in the same period of 2020.

Romanian-held coffee shop and restaurant chains are looking west for expansion and are opening units even amid the pandemic, betting on the consumption-oriented culture of other countries.

Bittnet (BNET.RO), a group of IT companies listed on the Bucharest Stock Exchange, on Monday announced the signing of a new transaction in the cybersecurity sector by acquiring a majority ownership, of 74%, in Global Resolution Experts (GRX), a company specialized in security consulting services.

Romania's finance ministry on Monday raised RON1.15 billion selling bonds maturing in September 2031 and October 2027, at average yields of 5.43% and 5.19%, respectively.

Growing a successful business can be tricky, there are a lot of factors that need to be kept into consideration and many things to manage at the same time. Your focus is to build a long-term successful business and increase your profit. However, not everyone is capable of doing so; running a business can be […]

A video creator or editor can make all the difference between superior and inferior quality videos. A video editor is to a videographer what YouTube is to the internet. Just like it is unimaginable to think of the internet without thinking about YouTube, a videographer can never imagine life with a high-quality video editor.    Since […]

Robotic arms are machines preset to execute a certain job or task accurately, efficiently, and quickly. Generally, they are motor-driven and often used for the consistent and rapid performance of highly repetitive processes over extended periods and are especially valued in the industrial assembly, machining, manufacturing, and production sectors.   A typical robotic arm comprises […]

Restaurant chain Maison des Crepes, launched in 2016 by Valentin and Ruxandra Strugaru, is expanding with four franchise units in the cities of Buzau, Bucharest, Ploiesti and Iasi, in partnership with City Grill Group.

Hünnebeck Romania, one of the leading local suppliers of casing and scaffolding systems, expects a significant business growth on the infrastructure segment, considering that in 2021 almost 40% of its projects targeted this category, up 10% on the year.

Pirelli & C. SpA was confirmed a global leader in the fight against climate change obtaining a position in the Climate A list 2021 of the CDP, the international non-profit organization that gathers, disseminates and promotes information on environmental questions.   The “A” rating is the highest score attainable and was awarded to only 200 […]

Timo Obalek has been appointed Hotel Manager of Radisson Blu, Bucharest and Park Inn by Radisson Hotel & Residence, effective November 1, 2021. With over 17 years of experience in the hospitality industry, Timo Obalek aims to reshape the business model to take quality, operations and employee satisfaction to the next level.   Timo Obalek […]