Romania Feed

Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, on Monday announced investments of RON719 million (EUR143 million) in 2022, mostly to upgrade, expand, automate and digitize the natural gas and electricity distribution grids.

42% of the employees, according to the survey, would like to work abroad. What makes almost half of the respondents pursue this trend of working for foreign organizations?   One of the key reasons is the digital revolution. Today, it is enough to have a laptop and WifI connection to do a vast amount of […]

Running an online business can be a very lucrative venture, but it can also be quite risky. One of the biggest dangers that you face is fraud. Fraudulent transactions can cost your business a lot of money, and they can also damage your reputation. Exactly experts will also talk about protecting yourself from scams and malware. Let’s […]

European online fashion retailer Zalando, which already has a presence in 25 countries, launched in Romania on Monday. The retailer carries 350,000 products from 1,700 brands, and expansion in Romania is a continuation of the expansion in Europe.

Well in the aftermath of the pandemic now, with (almost) all restrictions lifted in (almost) all countries, companies are assessing the scale of change incurred by COVID 19, what adjustments were made for short term only, what developments are there to stay. As ultra-fast digitalization was one of the key trends that emerged during the […]

Medical Shopping Zone S.R.L, the only distributor of LAICA brand products on the Romanian market, announces a 14% increase in turnover in 2021, with sales of 2.4 million euros.   For 2022, the company estimates an increase of about 10%. Sales growth has been sustained by the lifestyle changes in client’s consumption behavior during the […]

Reputable publication Global Arbitration Review has recently launched its 2022 edition of the “GAR 100”, a guide to specialist arbitration firms worldwide. This year once again, Țuca Zbârcea & Asociații has been included amongst the elite of law firms with a leading practice in international arbitration.   Țuca Zbârcea & Asociații remains one of the […]

Farmexim-Help Net Group, part of German Phoenix Group since 2018, ended 2021 with a combined turnover of EUR848.5 million (over RON4.1 billion), 16% higher compared with 2020.

APS, a debt recovery company headquartered in the Czech Republic, has announced the acquisition from the Bank of Cyprus Group of a portfolio of Romanian non-performing loans (NPLs) and repossessed properties with a total contract value of EUR147 million.

Paval Holding, the investment vehicle of brothers Adrian and Dragos Paval who own do-it-yourself (DIY) retailer Dedeman, on Monday reported total revenue of RON1.37 billion for 2021, compared to RON3.3 billion in 2020, and a net profit of RON1.24 billion, down 60% on the year.

Aqua City won the “Most Powerful Positive Impact in the Community 2021” award at the 7th edition of the Real Estate Awards Gala – one of the best-known events that rewards real estate performance. The award, offered after an extensive analysis of 2 independent juries consisting of real estate experts, aims to highlight the positive […]

It is possible for your staff to obtain skills that directly benefit your company with the correct educational relationship. If a firm has a well-trained and motivated team, it has a better chance of success. When it comes to your workers’ education, you’re already aware of this and probably already invest in it.   What […]

The author of some of the most successful motivational books in the world, Mark Manson is coming to Romania for the first time to attend BRAND MINDS 2022 edition, as a surprise speaker. Highly appreciated for the bestsellers ”The Subtle Art of Not Giving a F*ck: A Counterintuitive Approach to Living a Good Life” and […]

The Kazakh-Romanian Energy Investment Fund (FIEKR), held by KMG International and the Romanian State, has contracted a syndicated loan of EUR83 million that will be used to fund the construction of a new cogeneration plant on the Petromidia Refinery platform.

Agroland Business System (AG.RO), the Romanian retail, agriculture and food entrepreneurial group, which owns the largest network of agricultural stores in Romania, posted consolidated revenue of RON66.8 million in the first quarter, up 21% compared with the year-ago period and net profit of RON1.6 million, up 31%.

British American Tobacco (BAT), the largest player on the Romanian tobacco market, with a market share of over 50%, has increased the number of employees in Romania by almost 10% every year, with an average of 200 new employees recruited annually.

Romanian entrepreneur Eugen Saulea has announced the launch of DANTEM on the Romanian market, which he will develop alongside Czech businessman Petr Adámek.

Romanian video game developer Amber has relocated its more than 120 employees in Botosani to a new head office and plans to increase its Amber Botosani team by 100 more specialists, company representatives said in a statement.

Terapia Cluj, a local pharmaceuticals producer held by pharmaceuticals giant Sun Pharma, has acquired the Uractiv product range of the portfolio of Iasi-based company Fiterman Pharma, according to an announcement by Sun Pharma.

The Modernization Fund is a program of the European Union (EU) aimed at supporting ten Member States to meet 2030 energy targets by helping to modernize energy systems and improve energy efficiency.