Romania Feed

During the last year, the volume of online shopping has increased significantly, namely by 30% according to RAOS (the Romanian Association of Online Stores) due to the pandemic. Unsurprisingly, Romanians’ preference for online shopping grows consistently.     A recent study conducted by MOCAPP and Cult Research on a sample of 508 daily Internet users […]

It’s back to school for the class of 2021/22 and after a year like no other, when education systems around the world were thoroughly stress tested – there’s an air of optimism. Learning has transformed from rigid classroom-based activities to a blend of on and offline environments. Fast-tracked in response to pandemic needs, the digital […]

The humanitarian program „Solidar Social” was initiated by the Adi Hădean Association, following the path opened in 2015 through culinary and social projects designed to support the community. Since April 2020, the „Solidar Social” team has prepared over 300,000 meals, ie more than 200 tons of food, which have reached thousands of beneficiaries affected by […]

Luxembourg-based private investment fund AMC Capital IV Scsp is acquiring Romanian companies Agrinatura, Silosud, Agrifarm Aliprod, Agroservice Piatra, Independenta G&T Prest, Agrinatura Serv, Agronica and Agritac, active on the grain and oleaginous seed growing market in southern Romania.

Massimo Bettanin, Partner, EY Climate Change & Sustainability Services in CEE, will hold a keynote speech at BR’s Environmental & Sustainability Summit 2021 edition, September 28-29 at the JW Marriott Bucharest Grand Hotel. Register here for the on-site event, and join Massimo Bettanin and other top speakers at the largest Environmental and Sustainability event in Romania!   Before joining EY, Massimo Bettanin […]

Iuliana Tiba, Director, Environmental Social and Positive Impact Financing at BRD – Groupe Societe Generale, will join BR’s Environmental & Sustainability Summit 2021 edition, September 28-29 at the JW Marriott Bucharest Grand Hotel. Register here for the on-site event, and join Iuliana Tiba and other top speakers at the largest Environmental and Sustainability event in Romania!   Iuliana is responsible for […]

Anna COHEN, Head of Marketing at Hagag Development Europe tells about the importance of creating an excellent customer experience in building a strong brand loyalty.   Hagag Development Europe is one of the top players on the local market. Which are your key differentiators in such a dynamic market? The local real estate market is […]

Datanet Systems, an integrator of complex IT&C solutions and systems and a member of Slovak Soitron Group, has bought the majority stake in the company Red Dot based in Cluj-Napoca, and plans to develop its operations in Romania’s central region of Transylvania.

Adrian Huma, Director, Sector Head Automotive, Transportation & Logistics at ING Bank Romania, is set to become a speaker at BR Environmental & Sustainability Summit 2021 edition, September 28-29 at the JW Marriott Bucharest Grand Hotel. Register here for the on-site event, and join Adrian Huma and other top speakers at the largest Environmental and Sustainability event in Romania!   Adrian […]

Romanian startup Comarket, which developed a B2B market-place for companies in the hospitality industry, has attracted a new financing, in the amount of EUR150,000, and is in talks for an additional investment of EUR150,000.

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 1.65% a year on Friday (Sept 24), after stagnating at the 1.61% threshold for seven sessions.

The average net salary in Romania increased by 7.7% to 3,217 lei (EUR650) in 2020 compared with 2019, data from the country's statistics board showed Friday.

The Romanian government in the first half of 2021 approved state aid for 20 projects set to create 2,000 jobs. The total value of 2021 projects nears EUR300 million, while overall state aid tops EUR120 million. Thus, the government provides 40% of total needed money, with various weights along investments.

With almost EUR90 million earmarked for investments, MedLife, leader of Romania’s private healthcare services market, will go beyond the EUR300 million threshold in terms of turnover this year.

Slatina-located cake producer Natural is continuing production investments with a EUR3 million stage, after finalizing a EUR15 million investment project and is also readying to enter new export markets, explained Elena Zoica, the company’s commercial manager.

QFort window producer Casa Noastra of Dolj county is set to finalize, in late October, the first stage of the state-backed investment it has underway in Pielesti locality, near Craiova.

Constanta-based agribusiness company Biochem, controlled by Constantin Chimisliu, has budgeted 12-15% higher turnover for 2021 amid rising market demand, according to the company’s officials.

One United Properties, one of Bucharest’s most dynamic developers of housing, office and mixed projects, bought a building in downtown Bucharest, near the Romanian Athenaeum, with the value of the deal standing at EUR4.9 million, plus VAT.

Businessman Octavian Radu, one of the best-known local entrepreneurs, has bought 75% in Vinexpert, a wine importer, wholesaler and retailer, which has a wine bar, a physical and an online store.

Renovatio Asset Management, a company with more than 1,000 MW in renewable energy projects in Romania and the local partner of Portugal’s EDPR, one of the major investors in the local green energy market, has secured the technical connection permit for a EUR40 million wind farm.