Romania Feed

With anticipation building for almost 12 months and a monumental amount of work undertaken behind the scenes, Aston Martin is back in Formula One. The new era has officially begun.   The team will be known as Aston Martin Cognizant Formula One™ Team when it lines up on the starting grid for the new season. […]

Restart Energy, a local independent supplier of electricity and natural gas, entered a joint venture with Interlink Capital Strategies, a U.S.-based financial consulting and fund management firm, to develop $500 million worth of energy projects in Romania and neighboring countries.

Corrugated cardboard and toilet paper producer Vrancart Adjud (VNC.RO), owned by SIF Banat-Crisana and Paval Holding, announced Monday it was selected for Ron40 million state aid to invest in a recycling project.

The mergers & acquisitions market in Romania was stable in 2020, with 91 transactions, compared with 110 in 2019, Deloitte said in a report Monday.

Over 650,000 square meters of warehousing space was traded in Romania in 2020, 38% more than in 2019, industrial brokerage firm Dunwell said in a market report Monday.

Following the organization of Groupe Renault around its brands, grouped in four business units – Renault, Dacia & Lada, Alpine and New Mobility – Christophe Dridi takes over the responsibility of the industrial perimeter in Romania, Russia and Morocco, as VP Global Access Industry and VP Industry for Dacia and Lada brands, starting with January […]

At least six new DIY stores should open in Romania in the next two years. They will be part of the Leroy Merlin, Hornbach and MAM Bricolaj, data centralized by ZF from the announcements of the retailers show.

Romanian coffee shop chain 5 to Go, founded in 2015 by two local entrepreneurs, ended 2020 with over 220 units locally and plans to continue expansion in the following years, said co-founder Radu Savopol.

Home appliances plants worked around the clock to meet rising demand from consumers in 2020, who stayed home and invested in household goods.

As people become more reliant on technology for various aspects of their daily life, there is more chance they could fall prey to cyber-crime if they do not take the adequate precautions. Interested in cyber-security, Prolifics Testing analysed the latest data from the European Commission, who surveyed 27,607 Europeans to find out which European country […]

German wire harness systems producer for the automotive industry Kromberg & Schubert leased 2,000 square meters of office space in Vox Technology Park from Timisoara. Kromberg & Schubert is one of the most important automotive suppliers from Romania, with three factories in Arad, Sibiu and Timis, and a research and development centre in Sibiu. The […]

Dacia Brand has a new managing director South Eastern Europe and country head Romania as of January 1, Mihai Bordeanu, its former vice-president.

Commercial property developer Portland Trust is creating new standards of hygiene and cleanliness at its office developments in Bucharest. Innovative devices minimising the risk of bacteria and virus transmission in elevators join a range of safeguards implemented by the company to protect the health of workers and visitors in response to the Covid-19 pandemic. Portland […]

Romania's trade balance posted a deficit of EUR16.433 billion in the first eleven months of 2020, EUR908 million higher compared with the same period in 2019, data from the country's statistics board showed Monday.

Medicover Romania, the third largest private medical service providers in the country, has appointed dr. Florinela Cirstina as general manager, replacing Radu Gorduza Lupu.

With international travel still in doubt, vacation-goers need to focus on local tourism offers. Although Romania is not necessarily recognised as a top tourism destination, some private initiatives have managed to challenge this label. Where to, then? By Oana Vasiliu   Discover Prince Charles’s hidden spots in Transylvania While Viscri village has become a well-known […]

Last year, Romania has secured an EU funds package of around EUR 80 billion for the next decade – a huge amount that could ensure the modernization of the Eastern European nation and boost its convergence with western economies. By Sorin Melenciuc   The Romanian government has already announced that much of the amount would […]

Medicover Romania announces the appointment of Dr. Florinela Cîrstina as General Manager of the company, starting with January 8, 2021. Dr. Florinela Cîrstina replaces Dr. Radu L. Gorduza in this position. Dr. Cîrstina previously held the position of operational director of Medicover Romania, a company in which she has been working for over five years. […]

Tools designed to increase efficiency in the workplace can have the opposite effect when logging in, checking and using repeatedly. But with OneDock, the application developed by Telekom, companies can bring together all the applications they use in one place. Thus, each user will benefit from instant access, a faster reaction speed and an interface […]

Romania's Competition Council said Thursday it has fined nine companies active on the agricultural machinery market a total RON127 million (nearly EUR26.5 million) for fixing the sale price of the products branded Claas and Amazone, respectively, between 2014 and 2018.