Romania Feed

The Bucharest Stock Exchange (BVB) kickstarted 2021 with all stock indices in positive territory, as the Romanian capital market posted significant growth that topped in one month the level achieved throughout 2020.

Romania had 1.249 million public sector employees at the end of 2020, with nearly 9,000 hired in the last two months of the year, finance ministry data showed.

Most Romanians prefer to buy dairy products from supermarket and hypermarket chains, to the detriment of farmers' markets or convenience stores, a survey by Reveal Marketing Research showed Tuesday.

The fourth quarter of 2020 marked a spectacular return of the Bucharest residential market, with booming transaction activity, while residential developer activity increased compared with 2019, real estate consultancy company JLL said in a report Tuesday.

Elefant.ro, one of the largest online retailers in Romania, posted 30% higher sales of books last year compared with 2019, even though the overall market witnessed a slight decline.

The volume of new leu loans for consumers and companies rose to a 14-year high, RON68.5 billion in 2020. The volume of new loans in lei is double the level of ten years ago and 3.4% higher than in 2019.

Austrian-held real estate developer S Immo is considering buying the plot near The Mark office buildings it owns in the Buzesti area in Bucharest to expand complex.

Romania's trade balance posted a deficit of EUR18.38 billion in 2020, EUR1.08 billion higher compared with 2019, data from the country's statistics board showed Tuesday.

Over the years, the European Union has taken on a global leadership role in the fight against climate change. The main priority of the European Commission, led by Ursula von der Leyen, is the implementation of the Green Deal, a package aimed to stimulate the efficient use of resources by moving to a circular, cleaner […]

Increased productivity and efficiency resulting from 5G technologies will drive business, skills and services developments worth USD 1.3 trillion to global GDP by 2030, according to PwC’s report “The global economic impact of 5G. Powering Your Tomorrow”.   “PwC’s projections show that 5G technology, used in conjunction with investments in artificial intelligence (AI) and the […]

It doesn’t matter how experienced an entrepreneur is, there is always something new that can be learned. There is always room for improvement even when talking about some of the world’s most successful business people.   You should also keep in mind that many of your rivals are always looking for ways to perfect their […]

US-based Orion Innovation has entered into a definitive agreement to acquire Romanian software producer Tellence Technologies and will establish a research and development center in Bucharest, the company announced Monday.

Romania's finance ministry on Monday raised 951.4 million lei (EUR195 million), versus its RON600 million target, selling bonds maturing in September 2023 at an average yield of 1.99%, central bank data showed.

10 people to watch in 2021 2020 marked a significant milestone for the global business environment and humanity at large. It was one of the most challenging periods in recent history and it forced managers to adapt quickly in order to keep their businesses afloat. Many of them had a double and crucial mission: keeping […]

Energy efficiency is important for companies in many fields of activity: industrial production, distribution and logistics, construction, and real estate, etc. The performance of energy efficiency depends on the quality of the equipment used, but also on the ability to maintain them in good working order, and here digital technologies and sensors are helpful, shows […]

80 percent of the Romanians who ported into Telekom Romania’s network say that they are now more satisfied than before with the quality-price ratio offered by their mobile subscription, show the results of the most recent survey conducted by the company, on a batch of 1000 new customers, nationally representative. In addition, over 70% of […]

NN, leader in the Romanian life insurance and private pensions markets, and the local subsidiary of Cegeka, one of the largest European providers of IT solutions, have partnered to transform NN’s customers’ digital experience when interacting with the company’s products and services. The first step was the relaunch of the NN Direct mobile application and […]

In the last quarter of 2020, in Bucharest there were transactions of office spaces with a total area of ​​77,000 square meters, the highest quarterly value of the year, thus bringing the annual volume of transactions to approximately 237,000 meters squares, according to the real estate consulting company Cushman & Wakefield Echinox. Compared to the […]

Mihnea Craciun has left the position of deputy director within the European Bank for Reconstruction and Development and takes over as managing director for the Romanian chapter of Endeavor, a global organization leading the high-impact entrepreneurship movement.

Romanian competition authorities on Monday approved state-owned hydropower producer Hidroelectrica's acquisition of Crucea Wind Farm SA and STEAG Energie Romania SRL from German energy group STEAG.