Romania Feed

NEPI Rockcastle, a leading investor and developer of commercial property in Central and Eastern Europe, acquired 17 hectares of land in the city of Galati (eastern Romania) for a mixed-use real estate project.

Every success has a system or strategy behind it. It helps both at the learning stage and during work. A self-learning system is a systematic way of sifting out unnecessary information and remembering the most necessary. The sooner you start to follow it (by adjusting to yourself or inventing your own), the sooner you begin […]

2Performant (2P.RO), the main player on the Romanian affiliate marketing market, listed on the AeRO market of the Bucharest Stock Exchange, ended 2021 with a turnover of RON25.7 million, up 27% versus 2020.

Romanian state-owned lender CEC Bank ended 2021 with an estimated (unaudited) net profit of RON355 million, higher than RON337.7 million reported in 2020, in parallel with a 22.7% increase in assets up to RON50.6 billion.

Softbinator Technologie, a Romanian software development company, specialized in the design, development, and launch of innovative products with local and international clients, posts a consolidated turnover of RON 19.1 million in 2021, a gross profit of RON 4.7 million and net profit of RON 3.3 million.   “In 2021, we were extremely active in expanding […]

Agroland Business System (AG.RO), a Romanian entrepreneurial farm supply retail and agri-food group, will be getting market making services from BRK Financial Group as of February 15, Agroland said in a notification to the Bucharest Stock Exchange.

Following its promise “Mobile as you want. Simple and fair” made to customers in November, Telekom Romania Mobile announces a new surprise for the season of love, this time for prepaid card users who want to be connected to their loved ones without limits.   Thus, from 14 February to 31 March, the Telekom Mobile […]

Romania's current account balance posted a deficit of EUR16.95 billion in 2021, 55% higher than in 2020, central bank data showed Monday.

Carrefour Romania on Monday announced new promotions: Silviu Diaconu, former Purchasing Director for Fresh Products, has been appointed Director of Supeco, the company's discount brand.

Intesa Sanpaolo, Italy’s largest bank by total assets and one of Europe’s most profitable and sustainable financial institutions, has selected Thought Machine, the UK-headquartered core banking technology company, to power its new digital banking platform. In conjunction with this partnership, Intesa Sanpaolo has made a £40 million investment in Thought Machine to become part of […]

In Romania, 67% of the people who participated in a survey, slightly above the average in Eastern Europe (65%), believe it is very important to be able to demonstrate that their organization operates with integrity, according to the 2022 EY Global Integrity Report.

Romania’s industrial production increased by 7.1% in unadjusted data in 2021 compared to 2020, data from the country’s statistics institute showed Monday.

Sameday, one of the largest players on the local courier market, announces that it is moving towards an increasingly sustainable delivery and that it aims to reach the 0 threshold of carbon emissions for deliveries to easybox lockers. Its network of energy autonomous easyboxes has reached 10 units after the company invested in expanding nationwide. […]

Carrefour Romania announces a new wave of promotions, continuing the policy of supporting its own representatives in key positions. Silviu Diaconu, former Purchasing Director for Fresh Products, has been appointed Director of Supeco, the discount brand of Carrefour Romania, thus taking over the position held until recently by Gabriel Cubanțov, who becomes Director IMT (International […]

More than half (55%) of employees and leaders from companies around the world believe that standards of corporate integrity have stayed the same or worsened over the last 18 months, according to the 2022 EY Global Integrity Report.    While a record (97%) respondents to the survey agree that integrity is important within their organizations, […]

Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) ended 2021 with a turnover of RON212 million, up 10% on the year, and a net profit of RON5.7 million, up 55% form the same period in 2020, in line with the company’s financial report.

Pharmacy chain Minifarm expects to reach a RON300 million turnover mark and a 100-unit pharmacy chain, according to company officials.

Romania's annual inflation rate climbed to 8.4% in January 2022 compared to January 2021, continuing the upward trend of December 2021 when the inflation rate advanced to 8.2%, data from the country's statistics board showed Monday.

I’ve got to be honest with you: Prior to March 2020, we had no intention to raise money. Coming off of our Series C in January 2020, the plan was to stay the course. With the economic uncertainty, we were comfortable with the funds we had available, so a “wait-and-see” approach seemed the most prudent. […]

Countless security threats exist in the digital world. Even the most traditional businesses use modern information technology (IT) solutions with network connectivity. If appropriate steps aren’t taken to protect your business data and systems, your finances, valuable data, and even your company’s future will be at risk.   With that in mind, you must use […]