Romania Feed

More than 10 years after the launch of NESCAFÉ® Plan, Nestlé company announces the results obtained under the sustainability program. Between 2010 and 2020, Nestlé has invested over €320 million in projects to support coffee production, distributed 235 million coffee plantlets worldwide and helped more than 900,000 farmers grow and produce more quality coffee.   […]

How does disinfection work by ozone? Ozone is the most powerful ecological oxidizer available, which ensures the total inactivation of pathogens that cause diseases such as salmonella, e. coli, listeriosis or botulism. Ozone is 100% environmentally friendly because, after use, it always returns to the state of breathable oxygen O2, without leaving residues. It has been […]

Global Mergers & Acquisitions activity is expected to accelerate in the next six to twelve months due to low interest rates, a desire to acquire innovative, digital or technology-enabled businesses, and an abundance of available capital in the market, according to the PwC Global M&A Industry Trends report. Companies have over USD 7.6 trillion available […]

Since the outbreak of the COVID-19 pandemic, we have all realised how critical it is to have the right communication tools in place to remain connected to each other. However, as we become more aware of and attached to our privacy rights, we also become more attentive to the conditions of use of our communication […]

For the latest Connected Biking solution – the all-in-one on-board computer Nyon – Bosch eBike Systems has been named as “CES® 2021 Innovation Awards Honoree” in the category “Vehicle Intelligence & Transportation”. The Consumer Technology Association (CTA) presents the CES Innovation Awards each year for pioneering innovations in technology and design in consumer products.   […]

Danish pharmaceutical group Novo Nordisk, the leading insulin and diabetes medications globally, has appointed Cristina Popescu as its new corporate affairs director for Romania starting January 2021.

More than a third (36.5%) of employees who responded to a recent survey initiated by Genesis Property, to better understand perceptions regarding the return to the office and expectations regarding the office of the future, believe that the entire team within the company they are working for will return to the office this year. Most […]

Benefito Mobile, a virtual mobile operator (MVNO), targets 150,000 euros on SeedBlink, the largest crowdfunding platform for tech companies in Southeast Europe. The listing of Benefito Mobile, a service launched by two of the most reputable specialists in Romanian telecom, will take place on Tuesday, January 26.   In exchange for this funding, the founders […]

In 2021, we will most likely witness an acceleration of the completion of older investigations and the initiation of new ones. We also anticipate certain changes and developments in relation to the methods of investigation, with a focus on the electronic tools and methods. The Competition Council is on the verge of taking on more […]

In 2020, the Romanian startup ecosystem constantly expanded, startups attracting 50% more local capital than in 2019. How to Web launches today Romanian Venture Report 2020, a complete analysis and collection of statistics about the local startup investments in Romania, between 2017-2020.   Even though last year was full of uncertainties, this was not the […]

Brasov-based real estate developer Qualis Properties has raised RON10.2 million in a private placement of bonds maturing in 2024 and an annual interest of 9%, brokered by BRK Financial Group (BRK).

Oil group Shell, which had sold all its Romanian assets in 2007, is returning to Romania, where it will carry out commercial road transport activities, according to company representatives.

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei contracted before May 2019, inched up to 1.60% a year on Friday (Jan 22), after stagnating at 1.59% a year over the last four days.

Two in three Romanians (67%) use different kinds of banking products and services, such as current accounts, cards, loans, deposits and make payments, per a survey regarding Romanians’ perception of the digitalization of the banking system, conducted in December 2020.

Swedish developer Vastint that built the Business Garden Bucharest office buildings on Calea Plevnei in Bucharest and is working on the Timpuri Noi Square in the same city plans to start construction of the second phase of the latter in the second half of the year.

Romanian consumers spent 110 million to 120 million lei on clothes dryers last year, not including VAT and the market has increased significantly in the past few years, 2020 included.

Paint and coatings manufacturer Sarcom Valcea has budgeted EUR300,000 investments for 2021, after a 2020 that its owners, brothers Aurel and Marinica Potop, say was good though atypical.

Fast moving consumer goods giant Unilever is developing its operations in Romania despite the COVID-19 pandemic, announcing Romania is a very important market for the group.

Romcarbon Buzau (ROCE.RO), one of the major plastic packaging producers in Romania, announced Thursday that board member Stefan-Alexandru Toderita, exceeded the 10% holding threshold in the company on January 20.

The total value traded on the Bucharest Stock Exchange and its multilateral trading system reached RON12.69 billion in January-September 2020, up 56.27% on the year, despite risks and a deteriorated macroeconomic environment.