Romania Feed

Rompetrol Rafinare (RRC.RO), member company of the KMG International Group (KMGI) and the operator of Petromidia Navodari, Romania’s largest oil refinery, announced on Monday in a stock market report that it faced a complex cyber-attack Sunday night.

The Bucharest National Opera joined the efforts to help the artists who are victims of the war on Ukrainian territory and, on March 4th, five ballerinas of Ukraine refugees in Romania have begun the study program.    Thus, they will study together with the ballet dancers and ballet masters of the Bucharest Opera, which will […]

Inequalities between women and men in the labor market have widened during the pandemic, erasing at least two years of progress made over the past decade, according to the PwC Women in Work Index report, which shows that it will now take years and even decades to close the gap.    The estimates show that […]

Starcom România launches 2021 edition of the Consumer Report benchmark study, which analyses the behavior of Romanian consumers in terms of purchasing preferences, consumption of online and offline content, home and away-from-home activities and use of technology. Now in its 8th edition, the study provides particularly valuable information for understanding consumers and their changing behavior.  […]

Colete Online, a marketplace-type platform via which users can compare and select from among the services of several courier services firms to send packages and parcels in Romania and abroad, wants to double its number of employees in 2022 and expand to cities such as Cluj, Timisoara, Oradea, Brasov and Iasi.

Cold cuts producer Meda Prod 98, one of the largest on the local market, ended 2021 with RON236 million turnover, from RON217 million in 2020, according to the company’s officials.

Proinvest Group, a company specialized in steel products, has a EUR10-12 million investment budget for 2022, part of a long-term growth plan that started in 2021 and involves EUR100 million overall.

Vassilis Chaniotis, general manager of private healthcare operator Medsana, says the company will open the new Medsana center in Bucharest at end-2022, with the investment carried out so far standing at EUR2.1 million.

German giant Varta is considering Romania for an around EUR1 billion EV battery plant investment.

Airbag maker GST Safety Textiles Ro, the local subsidiary of Germany’s concern Global Safety Textiles, acquired in 2011 by South Korea’s Hyosung group, currently has 95 jobs avaibale at its Sighisoara plant.

Holde Agri Invest, a Romanian company operating farmland, wants to grow from a 10,000-ha to a 30,000-ha farming area and plans to bolster its warehousing capacities to 40,000 tons, explained Robert Lisenche, an investment manager at the company.

MGID, a global native advertising platform, released an open letter to the advertising technology industry regarding the crisis in Ukraine, urging all players in this sector to “share objective and trusted coverage of the heartbreaking events taking place.” The war in Ukraine has threatened the safety of about 500 of MGID’s employees, the company also […]

OTP Bank Romania ended 2021 with RON58 million net profit, more than double the net profit of 2020. Operating profit shrank by 24% to RON123 million in 2021 compared with 2020, OTP Bank Romania officials said.

Zdenek Romanek has been officially approved by Romania’s central bank to become chairman and CEO of Raiffeisen Bank Romania.

The biggest live charity concert in Romania will take place on the 12 March at the National Arena, Bucharest in aid of those struggling amid the on-going crisis in neighbouring Ukraine. The upcoming event will be meticulously organized by the joint forces of SAGA Festival, PRO TV, KISS FM and the City Hall of Bucharest.   […]

The National Opera of Bucharest is holding under its emblematic architecture, some of the most impressive spectacles, with various forms of interpretation, such as: “PHOENIX. Între rugă și renaștere”, a foyer spectacle, “Lucia di Lammermoor” and “Elixirul dragostei” by Donizetti, and “Faust” by Gounod, opera spectacles, and “Tango. Radio & Juliet” by Edward Clug, a […]

Whether we care to admit it or not, a majority of people love watching various types of videos, shows, movies, and many other forms of online entertainment, especially now when we have Netflix, Amazon Prime, Hulu, and other streaming services.   But has it ever happened to you, even with YouTube that once you click […]

Rompetrol Rafinare (RRC.RO), member company of the KMG International Group (KMGI), will suspend the operational activity of the Petromidia Navodari refinery, between March 11 and April 3, for a scheduled technological turnaround, the company said in a stock market report.

The European Commission (EC) decided on Thursday, March 3, 2022, to introduce the temporary protection for the Ukrainian nationals. During the official press conference following the EC decision, on Friday (March 4), Romanian authorities confirmed that the mechanism will be applicable in Romania for those Ukrainian nationals who decide to remain in our country.

German giant Varta wants to produce batteries for electric cars in Romania and is willing to invest EUR1 billion, Roxana Mînzatu, Secretary of State in the Ministry of European Investments and Projects, said in a Facebook post on Friday.