Romania Feed

Fast moving consumer goods (FMCG) distributor Aquila Part Prod (AQ.RO) announces the inauguration of its first solar park following an own investment of over EUR100,000 that is to be amortized in the next four years.

Italian truck, bus and engine maker Iveco group signed a memorandum of understanding (MoU) with Enel X to develop electric mobility for commercial vehicles in Europe.

Impetum Group launched Agista, the first investment fund in Romania focused on AeRO, helping local SMEs to get listed on the stock market, financing and accelerating their increase through the capital market.   Agista sets out with a €25 million capitalization, nearly half of the entire capital raised by the AeRO market companies in 2021, […]

Low-cost airliner Wizz Air announces three new routes from Cluj-Napoca (north-western Romania) to Corfu in Greece and Naples and Turin in Italy and it also increases flight frequency for ten other routes.

Carrefour Romania is developing a test project in partnership with the start-up AiSA (Artificial Intelligence Space Analytics), a participant the retailer has mentored during last year’s edition of Innovation Labs, the renowned acceleration program for technical newly established businesses.   The Customer Engagement Module solution, developed by AiSA and defined under the coordination of Carrefour […]

Skanska’s office development division in Romania obtains a new WELL Health & Safety Rating certification, this time accorded for its own office located in the Equilibrium 1 building.   The dynamics of Skanska’s office space and the active involvement of employees in maintaining the WELL culture are just as equally important as the solutions and […]

Secret Project is extending its roots on European soil once again, as it is proud to present Pula Music Week, coming to the old city of Pula, Croatia this summer.   From 30 June – 6 July, some of the world’s finest house and techno DJs are set to arrive along the Adriatic Coast for 7 days of exclusive […]

Impetum Group has launched Agista, the first investment fund in Romania focused on the AeRO market, helping local SMEs to get listed on the stock market, financing and accelerating their increase through the capital market.

Hidroelectrica shareholders approved the start of the listing process of the 19.9% held by Fondul Proprietatea (FP.RO) in the electricity generation company on the Bucharest Stock Exchange in the general meeting on Thursday, March 31, done via a secondary public offering.

The IRCC, the loan reference index published quarterly by Romania’s central bank, has increased to 1.86% from 1.17%.

The 7th edition of BR’s Working Romania comes to a close, after more than 4 hours of exploring the trends, challenges, opportunities of the Romanian workforce market in 2022 and beyond, while gaining valuable insights into the new ways of working and drawing inspiration from the best professionals in the business! Thank you all for joining the event, […]

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, kept the upward trend of the past weeks and grew to 4.60% a year on Thursday (March 31, 2022) from 4.59% a year on Wednesday (March 30), in line with central bank data.

Golden Foods Snacks SA, which owns the ELMAS brand of seeds, nuts and dehydrated fruits, has signed a partnership with PepsiCo Romania which becomes distributor of Elmas products, for different types of sunflower seeds such as black, stripped and white, pumpkin seeds, peanuts, pistachio, cashew and almonds.

The European Bank for Reconstruction and Development (EBRD) said in an analysis on Thursday that it expects Romania’s economy to grow by 2.8% in 2022, lowering its November forecast that pointed to 4.4% GDP growth.

Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim and Borzesti platforms, said in a stock market report on Thursday that it would carry out a program for the repurchase of a package of 900,000 own shares, respectively 0.29% of the company's share capital, for a total price of RON20.8 million.

Seven in ten investors on the Bucharest Stock Exchange trade at least once a month and 60% invest in a company for a period shorter than six months, in line with a survey by Cornerstone Communications, local firm specialized in investor relations and capital markets consultancy, together with MIA Marketing, a Romanian market research company.

GFG Alliance has appointed global steel industry executive Mr Sandip Biswas as Group Chief Investment Officer, as the group further strengthens its management team globally.    Sandip will be responsible for delivering sustained commercial and investment performance, playing a key role in supporting the group’s debt restructuring and transformation plans, areas in which he has […]

Romania's seasonally adjusted unemployment rate reached 5.7% in February 2022, the same level as in January 2022, data from the country's statistics board INS showed Thursday.

PPF Real Estate, a leading developer and investor with property assets exceeding EUR 3 billion globally, has announced the acquisition of a construction site land with a building permit in Bucharest, for the development of a new office building named ARC.   The acquisition strengthens PPF Real Estate’s position in an increasingly attractive Romanian real […]

SAP SE (NYSE: SAP) today announces the creation of a dedicated recruitment onboarding program with the aim of matching refugees from Ukraine with vacancies across its network of global offices.     The initiative aims to attract, match, and retain qualified refugees from Ukraine with suitable job opportunities at SAP in Romania, Germany, Czechia, Hungary, Bulgaria, […]