Romania Feed

Sweden’s Medicover, one of the largest providers of private medical services in Romania, has fully acquired Laurus Medical, a network specializing in proctology and phlebology healthcare services, according to Medicover officials.

“In recent years it has become clear how technology can improve the employee experience, but also the relationship between employee and employer,” says Ionuț Gherle, CEO of UCMS by AROBS, who participated in March at the most important HR conference in Romania, Working Romania, moderated by Anda Sebeși, editor-in-chief of Business Review magazine. During the conference, […]

The campaign promoted by Enel and aimed at the people working in the Group in support of UNHCR (the UN Refugee Agency) and Save the Children has just concluded. Through the initiative, the two organizations have collected a total of one million euros, comprised of voluntary Enel staff donations alongside a contribution from Enel Cuore. […]

New car registrations in Romania increased by 23.42% to a total 8,469 units in April 2022 versus April 2021, data from the association of automotive manufacturers in Romania (ACAROM) and of Romania’s General Directorate for Driving Licenses and Car Registration (DRPCIV) showed Monday.

Irish fashion retailer Primark, famous for its large format stores and low pricing strategy, will be opening a new store, within Bucharest-based AFI Cotroceni shopping center.

Inheriting a large sum of money can be a very humbling experience. After all, someone cared about you and your well-being so much that they decided to make you an inheritor. This person trusted you to make the best use of their money – to make it count. As such, it would be a shame […]

Are you still searching for the right trading platform? Most of the traders have shared their grievances when it comes to the platform. If the trading platform is not the best suited, it will result in a debacle. Tradereview is one such platform that is won the confidence of traders all across the world. With […]

In a new exclusive opinion article for Business Review, Sorina Faier, Managing Partner at Elite Searchers, writes about the main 10 differences between managers and leaders.   Managers set goals, leaders create vision Managers pay more attention to details. They focus on planning, budgeting and controlling, and stand with both feet on the ground. Leaders know […]

ROCA Industry, ROCA Investments holding from the building materials sector, signed the contract for an integral (100%) takeover of Dial, a company having over 20 years’ experience in manufacturing wire products, such as fence panels.   By this transaction, which is now being assessed for authorization by the Competition Council, the succession of the Romanian […]

Oveit, ticketing and cashless payments company headquartered in Austin TX, USA, has concluded a partnership with Romanian deep-tech startup Humans.ai, for the development of artificial intelligence powered NFTs for live stream shopping.

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, has exceeded the 5% threshold for the first time, climbing to 5.01% on Monday (May 2, 2022), as per central bank data.

New week, new month, new #HRSpotlight! Kicking off May, Business Review sat down with Nevenca Doca, Senior Executive Human Resources Director at Banca Transilvania, for another installment of the established interview series dedicated to the #futureofwork!   Starting with a bit of background, how was 2021 from an HR perspective and what were the most important actions […]

Bad Habits becomes Strongbow®’s digital communications agency and launches a strong partnership, based on strategy and innovation, in which the brand will explore new platforms and communicate through extensive projects, thus accelerating the online presence of the strongest cider brand in Romania.   Following a pitch organized at the beginning of 2022, Bad Habits had […]

Oveit, ticketing and cashless payments company headquartered in Austin TX, USA, has partnered with Romanian deep-tech startup Humans.ai, for the development of artificial intelligence powered NFTs for live stream shopping.   The partnership is the next step forward, as part of the company’s strategy to move towards Web 3.0 and the Metaverse by incorporating experiential […]

AROBS Transilvania Software, a tech company listed on the Bucharest Stock Exchange under the AROBS ticker, targets RON197.3 million, RON54.9 million EBITDA and net profit worth RON47.3 million at end-2022.

The shareholders of Banca Transilvania (TLV), among which Pillar II pension funds, regional investment funds, the EBRD, approved the distribution of RON800 million from 2021 profit under the form of dividends, the equivalent of a 5.2% return, as well as a RON765 million share capital hike via the granting of free stock.

Romania’s unemployment rate was flat on the month at 5.7% in March 2022, data from the country’s statistics institute INS shows on Monday (May 2).

Sweden’s Ericsson, one of the world’s biggest suppliers of equipment, software and services for telecom operators, got the ok from Romania’s National Defense Council (CSAT) to sell and install 5G networks in Romania.

Hotel company Tusnad, which manages two accommodation units in Tusnad resort, doubled its revenues last year, to around RON11 million, from RON5 million in 2020.

Italian-held Maschio Gaspardo, which produces farm machinery in Romania in the plant of Chisineu-Cris of Arad county, expects to generate EUR70 million turnover in 2022, after having lifted production capacity by 20% last year, according to Mirco Maschio, chairman of Maschio Gaspardo group.