Romania Feed

Teletext, owner of Diami dairy brand, controlled by entrepreneur Mitru Crisan, expects turnover to hit EUR18 million this year, from EUR16 million in 2021.

Technology company AROBS Transilvania Software, listed on the AeRO segment of the Bucharest Stock Exchange as AROBS, posted revenue of RON52.6 million in the first three months of the year, 33% higher than in the same period last year.

Philip Morris Romania exports stood at EUR718 million in 2021, seven times higher than in 2016 and 90% of the vaping products and cigarettes made in Otopeni are exported to 50 countries, the company officials said.

Romania's finance ministry raised RON615 million on Thursday (May 26), selling bonds maturing in 2034, at an annual average yield of 7.95%.

German Bosch group, which has more than 8,000 employees in Romania, plans to boost its local workforce by at least 400 people.

Chemical producer Chimcomplex (CRC.RO), with industrial platforms in Onesti and Ramnicu Valcea, has bought 2,138 shares, respectively 94.4% of the share capital of Sistemplast Ramnicu Valcea.

The net assets of the 236 domestic and foreign open-end and closed-end investment funds operating in Romania grew by 1.2% in April 2022, to RON52.1 billion (EUR10.5 billion), and dropped by 2.9% since the beginning of 2022, in line with the latest data from the Association of Fund Administrators.

If you are looking to improve yourself in 2022, this guide will provide you with ten tips on how to start and keep the momentum going. For most people, bettering themselves can be a challenge. Talking about it is one thing, but taking action is different.   It’s important to consider these tips below to […]

When you want to study for a degree, there are many different ways that you can do this. You could go to college and attend classes in person, or you could choose an online program. There are many benefits to studying online, but it can be difficult to know which program is the best one […]

Clean Recycle, one of the largest players in the local packaging transfer market, targets a turnover of EUR3.8 million and a total 56.000 tons of packaging waste processed in the first half of 2022.

CBRE Romania said in a survey that 88% of investment transactions in the Romanian office segment involve buildings with green certifications, making the office sector the most representative when it comes to buildings with sustainability standards, followed by logistics and retail.

Romanian company Roweb, which implements end-to-end software solutions, aims to increase its e-commerce division in 2022, in terms of both teams and projects, company representatives said in a statement.

The European Commission has approved a Romanian scheme worth EUR300 million (RON1.5 billion) to support companies in the agrifood industry in the context of the coronavirus pandemic.

Softbinator Technologies (CODE.RO), a Romanian software developer specializing in designing, developing and launching innovative products, on Thursday announced the start of procedures to fully acquire Digital Tailors, a company specialized in product marketing services.

OPPO, global technology leader, and the French Tennis Federation announce the renewal of the partnership agreement for the next two tournament editions, in 2022 and 2023. „The FFT is delighted to renew this agreement with OPPO, a loyal partner with whom we share a desire for innovation. This collaboration with an international brand reinforces our strategy […]

Accounting for 70% of green certified buildings and 85% of offices occupied in certified space, the stock of green qualified offices is comparatively higher in Romania than anywhere else in Europe. In addition, 88% of investment transactions in the office segment in Romania involve buildings with green certifications, according to CBRE Romania. This makes the […]

BASF – the world’s largest chemical company and European leader in research and development, along with AHK Romania, are announcing the BASF Innovation Hub program, which will gather start-ups and innovators from 11 countries of Central and Southeast Europe, including Romania. The project aims to act as a launching platform, supporting start-ups by promoting the […]

Launched in June 2020, InternetCorp’s platform, one of the most prominent players in the Romanian publishing industry, comes with a new vision meant to bring the experience of offline and hybrid events to a new level. On top of that, thanks to InternetCorps’s new shareholders, IC Events is going worldwide.   InternetCorp’s B2B solution for […]

More and more companies are shaping their way of working in the post-pandemic world and, by the looks of it, there’s no going back to how things were before. New trends and work and social life patterns highlight the importance of community-based work and of experiences and interactions both in the workplace and outside the […]

Inflation is changing consumer behavior, but a recent survey among corporations is showing that it alters corporate behavior too. The Chief Financial Officers are planning reductions in spending while CEOs plan to fight inflation by increasing prices. Corporate profit margins are near record highs in both US and Europe, showing companies have been successful so […]