Romania Feed

For this Christmas, Business Review has started a list of Romanian entrepreneurs and businesses offering Christmas packages and gifts. In a new installment of this series, we talked to Iulia Titimeaua, who created her own line of hand-made knitted clothing items, perfect gifts for the Holiday season.   How do you describe your work to […]

In this second pandemic year, the Christmas shopping list continues to be a challenge for us all. We are sure that Santa will manage to find everyone though, so Business Review has created a list of shopping ideas for all your loved ones. By Oana Vasiliu   There is no Christmas without a tree, whether […]

Law firm Reff & Asociatii, member of the Deloitte Legal global network, has provided legal assistance to real estate developer Speedwell in acquiring a nine-hectare land plot in capital Bucharest, on the Griro platform, one of the biggest land plots available in the capital city.

With 2021 coming to a close, we hope you had a great year and you will enjoy this Holiday Season responsibly in order to have an even better 2022. The Business Review team wishes you a Merry Christmas, a Happy New Year, and may your world be filled with joy and good cheer!   The […]

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, remains below the 3% threshold, ending the December 20-24 week at 2.98% on Friday (Dec 24).

Alro Slatina (ALR.RO), one of Europe’s largest vertically integrated aluminum producers, said in a stock market report on Friday that it completed the process of integrating the sales activity in the structure of Alro Group by finalizing the acquisition of the company Vimetco Trading SRL from its majority shareholder Vimetco PLC and its subsidiary Vimetco Management Romania.

Despite the global pandemic, the growth rate of holiday sales between 2019 and 2020 was more than double the average year-over-year growth of previous years, exceeding predictions from the US National Retail Federation. This enduring upward tick in holiday sales illustrates that consumers have built lasting habits around holiday spending. Smart brands will respond accordingly. By Romanita […]

CRIF – a global company specializing in credit bureau and business information, as well as advanced digital solutions for business development and open banking – announces the acquisition of ICAP – the largest B2B Services Group in Greece, with a strong presence also in Romania, Bulgaria and Cyprus.    ICAP was established in 1964; in […]

Business Review sat down with Iuliana Tiba, Director of Environmental, Social and Positive Impact Financing at BRD – Groupe Société Générale, to talk about employing sustainable practices without sacrificing financial performance, her company’s achievements in 2021, and the sectors in which Romania is in urgent need of investments.   Why do you think sustainability should be a […]

Roxana Dumitru, Coffee Marketing Manager for Romania & Hungary at De’Longhi, sat down with Business Review and highlighted the latest trends among Romania’s coffee consumers and explained how the coffee machine segment has evolved during the pandemic. By Anda Sebesi   Coffee machines have been very popular throughout the pandemic. How have your products in […]

Fulga Dinu, Country Manager Operations at IMMOFINANZ, sat down with Business Review to talk about the launch of the myhive flexible offices in Romania and discuss the company’s future projects on the retail segment. By Anda Sebesi   What does the concept of flexible offices look like and what can you tell us about the […]

I believe that one of the most critical topics of academic research and debate on public policy is that of their ultimate purpose. However, unfortunately, this beneficial discussion for the general public and for policymakers, which is the basis for understanding the implications of the social contract (and I dare say even the obligations arising […]

Florin Serac, general manager of Turism Felix, which manages a holiday compound in Baile Felix resort, says the company will end 2021 with turnover worth around RON80 million, up 50% from 2020.

During the 2009-2020 period, companies operating in Romania’s private healthcare field saw their turnover grow fivefold, from RON2.3 billion in 2009, to RON11 billion last year.

Porcelain products manufacturer and Ikea supplier Apulum Alba Iulia, currently has 54 jobs available.

The local retail market has had a difficult 2021 amid the many ups and downs of the covid-19 pandemic, even as Romanians have largely embraced the new normal. With a moderate growth recorded this year, e-commerce continues to be one of Romania’s star sectors. However, despite having a huge potential to grow in the coming […]

Shikun & Binui Energy, the energy investment arm of Shikun & Binui, the biggest Israeli real estate developer, will earmark as much as EUR50 million for one of the first large new photovoltaic projects in Romania.

Marian Andreev, one of the most discreet local entrepreneurs, is considering selling vegetable oil producer Prutul Galati after almost once decade since the last such talks, when he almost sealed a deal with Glencore, according to market sources.

Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to market sources.

The management team of law firm Tuca Zbarcea & Asociatii will be expanding with six Partners starting January 1, 2021, following recent decisions on internal promotions.