Romania Feed

Investing in indices trading is crucial for the traders to diversify their trading portfolio and understand the overall market sentiment. So, if you are looking for investing in indices trading, the best trading to start your journey is CAPLITA. This internationally respected trading platform offers you an outstanding environment for trading by providing essential technical […]

For a beginner, trading can be really interesting. It’s also a lucrative way to earn some real quick cash. Considering that there is a very quick return on investment, trading has been taken up by a lot of people. Yet only 1% of the traders are successful.   But what is even more interesting is […]

Have you always wanted to be the next Conor McGregor or Anderson Silva? Mixed martial arts (MMA) is the full contact sport that has been around for centuries but has grown in popularity in the last few decades.   If you feel like you’re ready to get in the cage but don’t know where to […]

Austin, Texas, is attracting VC firms, tech giants, and a slew of professionals from different American cities. This is pushing the demand for commercial and residential real estate in Austin.   In early 2021, the Austin Chambers of Commerce published a report that stated that the city lost 33,400 jobs in 2020 in the aftermath […]

Multi-platinum selling artist and heavyweight producer, DJ and songwriter Calvin Harris is coming to Romania for an exclusive headline show presented by SAGA Festival and electronic music event pioneers, ALDA.   After having dominated headline slots over the years at the world’s biggest festivals, Calvin will be performing in Mamaia, Romania for the first time […]

Romania’s Energy Ministry, as majority shareholder and Fondul Proprietatea as shareholder (20%) of Hidroelectrica approved payment of RON3.8 billion dividends by the country’s largest electricity producer, on April 28.

Agricover Group, the leader of the agribusiness market in Romania, ended 2021 with RON1.71 billion revenue, an increase of 50% year-on-year, as a result of an increase in market shares, it said in a release. Consolidated revenue stood at RON1.13 billion in 2020.

Romanian maker of parts for gas turbines and aircraft Turbomecanica (TBM.RO) has approved distribution of RON10.1 million dividends, the company said in a report to the Bucharest stock Exchange.

Erste Group, which owns Romanian lender Banca Comerciala Romana, on Friday published a report on the economy of the Central and Eastern European countries, in which it revised its forecast for Romania’s economic growth to 2.8% of the GDP.

ROCA Industry, a holding company set up by ROCA Investments as Holdingorck1 with the Trade Register, which serves as an umbrella for various Romanian construction material manufacturers, announced the acquisition wire product manufacturer Dial in Harsova in its entirety in a EUR14 million deal.

Regional investment fund SIF Oltenia (SIF5.RO) shareholders approved distribution of 39.95% of the 2021 net profit (RON37.5 million) or RON15 million as dividends, which ensures a gross dividend per share of RON0.03, during the general meeting whose decisions where published on the Bucharest Stock Exchange on April 28.

Recycling group Green Group, which includes eight companies with recycling and waste management operations in Romania and Eastern Europe, will relocate its Bucharest office to the One Tower building part of the multi-purpose complex One Floreasca City in July.

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, stood at 4.95% a year on Friday, April 29, an increase of 1.4% from 4.88% a year on Thursday (April 28), central bank data show.

Lender Banca Comerciala Romana (BCR), controlled by Erste Group, ended the first quarter of 2022 with net profit worth RON477.5 million (EUR96.5 million), up 12.5% from RON424.6 million (EUR87.0 million) in 1Q/2021, owing to improved operating performance supported by ongoing strong lending.

TEILOR Holding SA, a group of companies that includes the chain of luxury jewelry stores, TEILOR, the financial lending company Invest Intermed GF IFN, and Teilor Invest Exchange, posts a combined turnover of the three entities of 282.7 million lei, an increase of 47% compared to 2020, EBITDA of 45.3 million lei, an appreciation of […]

The 90th anniversary and new acquisitions, statistics concerning over 10,000 employees and 14 markets, fight against climate change and social actions – this information and much more is contained in the new Raben Group Sustainability Report.   In the 2021 publication, the logistics operator presents both long-term programs and their effects, as well as one-off […]

While European markets are concerned about the impact of Gazprom stopping the natural gas delivery, the latest Russian retaliatory measures for “unfriendly” states, the US markets are seeing a technology shares sell-off. Market commentary by eToro analyst for Romania, Bogdan Maioreanu   After Netflix felt the impact of the Ukrainian conflict in the decreasing number […]

In the context of the unprecedented high and volatile oil prices, generated by the Ukrainian war, and aid rising sales volumes, OMV Petrom, the biggest company listed on the Bucharest Stock Exchange, saw its sales soar by 145% in the first three months of 2022 against the year-earlier period, while net profit tripled.

In another installment of the #HRSpotlight interview series, we sat down with Cristina Stoica, HR Director at Oracle Romania, to talk about the latest trends, opportunities, and challenges of the new ways of working.   Starting with a bit of background, how was 2021 from an HR perspective and what were the most important actions and […]

The Czech entrepreneur and investor Martin Machoň has held a 49% share in the football club since 2018, when the team was still competing in a lower league.   Rapid Bucuresti achieved great success during the 2020/2021 season at the end of which it was promoted back to the top flight in Romania. Machoň’s equity […]