Romania Feed

Shareholders of state-owned hydropower producer Hidroelectrica on Monday approved the company's acquisition of Crucea Wind Farm SA and STEAG Energie Romania SRL from German energy group STEAG.

Raluca Radu, Country Manager, ANSWEAR Romania, joins BR’s re:FOCUS on eCommerce, Retail & Logistics, which will take place in an online format on February 10, 2021.   Raluca Radu is a Senior Digital Marketing & E-Commerce Manager with over 15 years of experience in digital strategy, online marketing, SEO, PPC, affiliate marketing, conversion rate optimization, Google […]

Romanian chemical fertilizer producer Azomures, owned by Ameropa, has started an energy efficiency investment supported by a EUR601,000 grant from Iceland, Liechtenstein and Norway, through EEA GRANT Norway 2014-2021, within the Innovation Norway program.

Serban Roman, vice-president of Enterprise Investors and country director for Romania, is leaving the investment fund after 13 years.

Laurentiu Furtuna, Director Of Ecommerce and Digital, Auchan Retail Romania, joins BR’s re:FOCUS on eCommerce, Retail & Logistics, which will take place in an online format on February 10, 2021.   With an experience of over 20 years in trade retail, Laurențiu Furtună worked in Carrefour and Real, occupying various positions in these companies, up to […]

The Alexandrion Trophies Gala, the most important gala of Romanian sports, organized by the Alexandrion Foundation for the 6th year in a row will be broadcast on the 6th of February, on B1 TV, starting from 19:00. The gala will also be streamed online on the Facebook page of the Alexandrion Foundation, starting from 20:00. […]

Arçelik, one of the leading household appliance manufacturers including global brands such as Beko and Grundig has ranked 34 on Corporate Knights’ 2021 Global 100 Index. The ranking makes Arçelik the most sustainable home appliances and houseware company in the world, and the first and only Turkish company to make the list.      The […]

The Call For Leaders interview series enters its third phase, with the established 3Q format receiving a revamp for 2021. The original Call For Leaders 3Q and its sequel, Call For Leaders – Back in Business, have seen us talking to quite a diverse roster of business leaders in Romania, representing top companies and various […]

Romania's finance ministry on Monday raised 1.022 billion lei (EUR209.7 million) selling bonds maturing in November 2024 at an average yield of 2.06%, central bank data showed.

Impact Developer & Contractor strengthens its team by appointing Constantin Sebeșanu as Development Director. With over 25 years of experience in project development and asset management, Constantin Sebeșanu will help expand the company nationally through new sustainable constructions.   “It is an honor to be part of the team of a top developer with 30 […]

This year marks 30 years of PwC Romania activity on the local market. As the first large professional services company to register in Romania after 1989.   “PwC laid the foundations of the consulting services market 30 years ago, so we’ve been with the Romanian business environment from the very beginning. Over those three decades […]

CBRE, leader of the real estate market, expanded its management team by recruiting Muler Onofrei, for the position of Business Development Director. Muler will focus on the industrial sector, where he has gained extensive experience, previously working for international investors such as ProLogis and Panattoni and laying the foundations of local developer Element Industrial.   […]

To celebrate 20 years since the start of operations on the Romanian agricultural market, Agricover Group, one of the leading players in the local agribusiness sector, has carried out the first bond issue worth EUR40 million, which will be listed on the regulated market of the Bucharest Stock Exchange, in the upcoming period.

The Property Management Division of Colliers International manages a portfolio of over half a million square meters of office and industrial spaces in the Capital and in the country after 10 years since it was founded. During the same period, the team provided consulting services related to property management activities for another 700,000 square meters. […]

Romania's nuclear power producer Nuclearelectrica (SNN.RO) on Monday announced it reconnected the first unit of the power plant in Cernavoda to the national power grid.

Romania is present in 2021 edition of the global ranking of 500 most valuable banking brands, compiled by Brand Finance, with two financial institutions, namely, Banca Transilvania, which climbed to the 302nd spot, and BRD, which dropped to the 470th spot.

Romania's foreign exchange reserves grew to EUR37.454 billion at the end of January from EUR37.379 billion at the end of 2020, central bank data showed Monday.

Elefant.ro, one of the largest online stores on the local market, operated by Elefant Online, had a turnover of RON235 million (EUR48.2 million) in 2020, up 35% on the year.

French-held retailer Auchan and Costa Coffee, the coffee brand brought to Romania by Coca-Cola HBC Romania, in the summer of 2020, have started a partnership whereby Costa Coffee spaces will be launched across all MyAuchan stores in Petrom filling stations.

Companies in Romania may access financing in the field of leasing to continue and develop their activity, following a contract signed by the European Investment Bank (EIB) Group and Deutsche Leasing Romania, for a total financing of EUR370 million, intended for the economic sectors affected by the COVID-19 pandemic, especially the agriculture.