Romania Feed

Super Eggs (Braila), which is part of Italy’s Eurovo group and specializes in production and sale of fresh, powdered and pasteurized eggs, posted RON35.7 million (EUR7.4 million) revenue in 2020, a decline of 41.6% from the RON61.2 million (some EUR13 million), ZF has calculated from Finance Ministry data.

Individual investor Behboud Madadi acquired a total 12.3 million shares of regional investment fund SIF Muntenia (SIF4.RO), between September 29 and October 12, 2021, paying RON19.7 million. Thus, Behboud Madadi reached an ownership stake of 6.13% upon the finalization of the offering.

Romania's finance ministry on Monday raised RON300 million (EUR60.6 million) selling bonds maturing in February 2029 at an average yield of 4.85%, central bank data showed.

Banca Comerciala Romana (BCR) is listing on October 19 its first green bonds worth RON500 million on the Main Market of the Bucharest Stock Exchange, under the stock exchange symbol BCR28A.

Brillio, a company focused on digital technologies and big data analytics, has appointed Dragos Stoica to the position of Country Manager and announces the start of a strong expansion process in Romania.

Somfy Romania, leader in providing automated control systems for shading and access technology in homes and commercial buildings, but also a key player for smart home solutions, celebrates 15 years of existence on the local market and announces business increasing by more than 40% for the first half of this year, compared to the same […]

Sonae Sierra’s new strategy focuses on the real estate investment management business and on the development of differentiating sustainable urban projects for integrated uses (residential, offices, commercial and leisure). In support of the new strategy, the Company has renewed its Executive Committee, complementing its expertise in the real estate and investment management sectors with digital […]

The best creative ideas, the best creative teams, and the best individuals of this year’s Renewed Competition were announced during the Grand Award Ceremony held live online on Friday, 15 October 2021.   For the second year in a row, Publicis Italy from Milan was awarded the title Agency of the Year, contributing to the […]

The new Emergency Ordinance (GEO) no. 117 of October 4th, which will enter into force starting October 20th, sets fines from 5.000 lei to 10.000 lei for each employee whose employer delayed his salary payment for more than one month and this measure can significantly unbalance the labor market (in the current context, in which […]

COS, the office fit-out market leader, reports almost EUR 23 million business volume in the 4th quarter of 2021, representing advisory, concept and complete interior design solutions contracts, up by 12% as compared to the same period of 2020. At the same time, the company continues its regional expansion, by inaugurating a new representative office […]

Dover, a diversified global manufacturer and solutions provider, recently opened an office for its Business Services (DBS) function in Bucharest’s Globalworth Plaza. The 1,170 square meter space will enable DBS to continue providing value-added services to Dover operating companies in the areas of finance, information technology and human resources.     Recognized for its entrepreneurial […]

AROBS Transilvania Software (stock symbol AROBS), a Romanian IT company, announces the successful closure of the largest private placement in the history of the AeRO market by raising 74.2 million lei from investors. The company intends to float the shares on the AeRO market of the Bucharest Stock Exchange in the coming weeks. “We welcome […]

Appraisal & Valuation (APP.RO), a company providing appraisal, consulting and real estate development services, will assess over 1000 assets of Romania’s state-run hydropower producer Hidroelectrica, after winning a three-year contract following a public tender.

One of the panelists at the Environmental & Sustainability Summit 2021, Catalin Velescu, General Manager and Founder of Volta Grup, spoke to Business Review about Romania’s transition to 100% green energy, and all the challenges and opportunities behind this ambitious goal.   Which are the main challenges to be addressed by the Romanian energy sector […]

Mars, one of the world’s largest producers of pet food, confectionery products, food products and beverages, on Monday said it appointed Daria Maslovskaya to the position of People and Organization Director within Mars Central Europe.

ROCA Investments has fully acquired Sarcom, one of the largest paint and coatings manufacturers in Romania, which was founded by brothers Aurel and Marinica Potop 30 years ago.

A speaker at BR’s recent Environmental & Sustainability Summit, Elena Vlasceanu, Counsel, Energy Practice, at Dentons, sat down with Business Review for an exclusive post-event interview about the legal framework for green & renewable projects in the energy sector.   How big is the importance of green energy projects? Will we ever get to a green […]

2Performant (2P.RO), the main player on the Romanian affiliate marketing market, intermediated 318,900 sales in July-September 2021 period, for online stores, via its affiliate marketing platform, 64.2% more on the year, and their value totaled EUR16.9 million, VAT not included, up 67.6% versus the third quarter of 2020.

No matter what type of business you’re running, one of your primary goals is likely to boost revenues. The more revenue you bring in, the more you can grow your business and generate larger profits, which benefits everyone who works for you. However, within the goal of boosting revenues, there are many smaller goals you’ll […]

Romania's nuclear power producer Nuclearelectrica (SNN.RO) on Monday announced that it reconnected the second unit of the power plant in Cernavoda to the national power grid in the afternoon of October 16, 2021.