Romania Feed

The economic and social shockwaves that Covid-19 and the current events in Ukraine sent throughout the world intensified the need for personal financial stability and flexibility. The galloping inflation reduced even more the purchasing power of Romanians.   TBI Bank now offers one of the best interest rates on the market with its online and […]

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, rose to 4.76% a year on Tuesday (April 26), from 4.73% a year on Thursday (April 21), central bank data show.

Medical operator Medima Health, specialized in medical imaging and radiology, ended 2021 with turnover worth almost RON14 million, significantly higher than the almost RON3 million generated in 2020.

LPP group, active in the mass market fashion field, in 2021 generated turnover of around EUR190 million in Romania, 83% higher than in 2020, in line with ZF calculations based on the company’s financial reports.

Adrian Apostu, founder of Dino Parc Rasnov, the largest dinosaur themed park in south-eastern Europe, says 2021 was the best year for the park since its opening, with a record high number of visitors, of around 494,000.

Orange Group revenues rose 0.7% in the first quarter, driven by Africa & Middle East (+8.7%). Growth in retail services was well above the decline in Wholesale services. In France, the faster pace of retail services growth has yet to offset the decline in Wholesale, while revenues fell slightly, by 0.7%.   Revenues in Spain […]

Wine maker Cramele Recas, a major player on Romania’s market, is considering broadening national coverage by opening regional warehouses besides the existing ones.

Tehmag group has started procedures for an investment put at EUR2 million in a Bielda industrial machinery assembly line in northern Bucharest and this year wants to operate the first exports to Hungary and Poland, explained Mihai Nica, co-founder of Tehmag.

Furniture producer Elvila, listed on the Bucharest Stock Exchange and controlled by businessman Viorel Catarama, shifted to losses in 2021.

Rodbun group, set up two decades ago by Daniel Muntean and Alexandru Iancu, is considering listing on the Bucharest Stock Exchange to fund its future investment projects, including the construction of a peas protein factory.

Gucci boutique of Bucharest has been shut down “in glory” after turnover neared RON21 million in 2021, slightly up from RON20.7 million in 2020. This is the best result since opening.

An Altseason infers that crypto markets are seeing a deluge of new financial backers in the crypto space. By and large, this has happened when bitcoin has encountered its unsurpassed highs. Whenever the publicity around bitcoin develops, droves of individuals of the “fear of missing out” or FOMO into the space, searching for potential chances […]

The moves that will be referenced in this post will assist you with holding up out and possibly even advantage of a bear market. Bear markets are additionally a decent suggestion to deal with how much gambling we take. That implies just putting away cash you can bear to lose, so you’re never compelled to […]

Starting a business in a trade is an exciting move to make – and one that an increasing number of people are making in 2022. But starting a business incurs a number of start-up costs, which are ultimately crucial to your operation and long-term success.   One of the bigger up-front investments you will have […]

Given Instagram has a user base of more than a billion people each month, businesses are very eager to gain a foothold on the platform. Opening an Instagram account may only take a few minutes, but building up a large following is a time-consuming and frustrating process. Businesses or influencers who are struggling to elevate […]

Are you looking for ways to manage your investments more effectively? If so, you’re in luck! In this blog post, we will discuss three simple steps that will help you make the most of your money. Whether you’re a seasoned investor or just starting out, these tips will help you stay on top of your […]

When we hear about streamlining business processes, we often think it means making any process related to the business more efficient. Although this notion is not wrong per se, it doesn’t actually describe what ‘streamlining a process’ actually means. What are we doing when we try to streamline the different workflows of our company? Essentially, […]

Recent crisis have taught HR departments that people’s needs may change unexpectedly and that everybody must be able to adapt. The second panel of Business Review’s Working Romania HR Conference was titled New Ways of Working: Get Inspired by the Best. The debate focused on the ways companies can adapt to situations like the pandemic […]

The Romanian labour market will be influenced this year by several unprecedented factors, according to industry experts, the most obvious and pressing one being the massive influx of Ukrainian citizens caused by the armed conflict in their home country. This topic, and many others, were discussed in detail by business leaders and HR specialists during […]

Attending Business Review’s recent Working Romania HR Conference, Labour and Social Protection minister Marius Budai received a number of interesting questions from both the BR editorial team and the live audience. Unsurprisingly, most of these questions were related to the pressing issues of the day—the war in Ukraine and the resulting refugee crisis—which represent major […]