Romania Feed

It’s been one year since Claudia Fleischer, General Manager at Roche Romania, took over at the pharmaceutical company, but with almost 18 years under her belt with the Swiss group, it’s no wonder she already established herself as a leader, not only for her company or the pharma sector, but for the Romanian industry as a […]

Prime Kapital, a real estate developer and investor active in Central and Eastern Europe, has finalized a EUR125 million green loan agreement with a group of banks through its joint venture with MAS plc, a Johannesburg Stock Exchange-listed real estate investor.

FLOWX.AI, a hot startup with a revolutionary new low-code/no-code experience orchestration technology for large enterprises, announced today it has entered a technological partnership with UiPath (NYSE: PATH), a leading enterprise automation software company, which will enable the development of customer and employee experiences at unprecedented speed.   FLOWX.AI, which raised one of the largest seed […]

What do Elon Musk, Kings of Leon, Lil Baby, Aphex Twin, MF Doom, Gucci, Delia or Stefan Popa Popa’s have in common? When art and digital meet technology and blockchain we get NFTs (non-fungible tokens), the latest buzz in the artistic world. Most NFTs are part of the Ethereum blockchain. Any piece of digital content […]

Seven out of ten companies active in Romania have resorted in the last year to stress and anxiety management programs, according to K.M.Trust & Partners data.

Investments in startups by TechAngels members more than doubled year-on-year to EUR 9 million in 2021, and a similar performance is expected this year. Malin-Iulian Stefanescu, the president of Tech Angels, talked to BR about the steady growth of angel investments in Romania and the ambition of seeing a Romanian startup grow into a unicorn […]

The current generation of entrepreneurs is less willing to hand over control of their companies to their heirs than they were before the pandemic. That is making it harder for the next generation (NextGen) to prove themselves as new leaders, according to PwC’s global NextGen Survey 2022.

Under the pressure of the pandemic and the economic tensions generated by the crisis in Europe, Romania’s chief executive officers (CEOs) must find ways to keep their companies in balance, from reshaping portfolios to redefining their organization’s entire ecosystem.

Following its Annual General Meeting of Members (AGM), held on March 23, 2022, the American Chamber of Commerce in Romania (AmCham Romania) has announced its new Board of Directors for the March 2022 – March 2023 mandate.

Smartree Group, the strategic partner that offers integrated human resources services and software solutions, on Tuesday said it ended 2021 with a turnover of RON123 million, up 17% on the year, and a profit of RON5.3 million, up 35% from 2020; the increase is partly due to the new technology innovation division of for HR processes.

The Bucharest Stock Exchange announced that Brikston Construction Solutions returns on the capital market as an AeRO Listed Company on Tuesday, March 29.

Greenfield foreign direct investments (FDI) will remain low, business services investments will flourish, and new projects could arise in the context of covid shortages and the National Recovery and Resilience Plan. These are the most important foreign direct investment trends Romania should keep an eye on this year. By Claudiu Vrinceanu   Greenfield projects stagnating […]

Financial analysts expect the Romanian leu will depreciate to an average of 5.1029 units to the euro in the next 12 months, while inflation is seen averaging 7.28% during the same period, a monthly poll by CFA Romania showed Tuesday.

The glimmer of hope for a move to a more positive post-pandemic world for consumers has been hit with growing economic uncertainties in the past few months, diminishing consumer confidence once again, according to the latest EY Future Consumer Index.   The ninth edition of the quarterly global survey of 18,000 consumers, conducted in February […]

The effects of the pandemic, the “Great Resignation” global phenomenon at various levels of management and currently the regional challenges in the context of the Ukraine conflict – these are just some of the challenges of large companies active in Romania in the recent years.   These and other factors related to the internal pressures […]

Smartree, the strategic partner that offers integrated human resources services and software solutions, announces last year’s financial results, as well as the main development directions for 2022.   Therefore, in 2021, the turnover exceeded 123 million lei, increasing by 17% compared to the previous year. This increase was partly due to the new technology innovation […]

Fintech and blockchain are taking the financial industry by storm. This summer, between the 13th and 14th of July 2022, Oradea, the heart of Central and Eastern Europe, will become ground zero for innovation in financial services.   Bankers, financial institutions, regulators, startups, investors, and all other key stakeholders of the ecosystem will come together […]

Destine Holidays, part of Destine Holding, a group of firms with EUR130 million turnover, controlled by Romanian entrepreneurs, plans to open three new branches by end-May and thus reach 12 units, but the company’s representatives plan to increase their number fourfold by 2024.

Sergiu Cadar, CEO of Somproduct, a local furniture and home décor retailer, says the company is betting on expansion during this period, both with the aid of physical stores and via online platforms.

Turkish-held Tosmur Grup, a group with farming activities, has invested EUR78 million in building a starch plant in Medgidia on a ten-ha area, set to employ 200 people.