Romania Feed

Daikin, world leader in the air conditioners market, with over 90 years of experience in designing and manufacturing innovative heating and cooling technologies, announces the launch on the Romanian market of the new generation Daikin Emura, the air conditioner with an iconic design.   A complete air conditioning solution, the third generation Daikin Emura has […]

FLOWX.AI, a platform that helps enterprises to build complex, mission-critical, digital omnichannel products that scale – in a simpler, faster way announced today that it is joining IBM’s Cloud for Financial Services.   The IBM Cloud Framework for Financial Services is designed to address risk in the digital supply chain through a common set of security […]

Telekom Romania Mobile launches new ‘NELIMITAT’ tariff plans in the spirit of the promise “Mobile as you want it – simple and fair.” Customers benefit from tariff plans with clear prices, without complicated configurations, preserving the unlimited minutes, messages and internet on the Romanian territory and adding new benefits. Thus, Telekom Mobile customers do not […]

Thoughtworks, a global technology consulting company that integrates strategy, design and engineering to stimulate digital innovation, aims to increase the number of female employees in Romania, the target for the coming years being that the number of women and people belonging to gender minorities reaches 40% of all employees, a percentage that is currently found […]

Romania’s unemployment rate stood at 5.6% in 2021, lower than 6.1% in 2020, data from the country’s statistics institute INS shows on Wednesday (April 20).

The International Monetary Fund (IMF) has lowered its economic growth projection for Romania to 2.2% for 2022 from a previous projection of 4.8% made in October 2021, the Fund said in the April 2022 edition of its World Economic Outlook (WEO) report.

France’s BNP Paribas is interested in selling Cetelem's operations in the region, market sources say. It would like to sell the whole package to a single buyer, but in some cases, there is interest only for one country, such as Romania.

Medical device manufacturer Hamilton Central Europe has invested more than EUR4.5 million in its Romanian operation, starting with the Mechanics department and is continuing with the development of its Metal Sheet Processing department, where it will produce metal components, the company said in a press release.

Amigo & Intercost, a beverage distribution company based in Odorheiu Secuiesc, Harghita County, posted RON12.3 million (EUR2.5 million) net profit in 2021, up 47% from the almost RON8.4 million (EUR1.7 million) the previous year, Finance Ministry data show.

The fintech industry in Poland is developing at a very fast pace, and the number of start-ups operating in it is constantly growing. There are also new ideas emerging that are based on financial technology. What exactly is fintech? How does the industry interact with the banking system? Answers to these and other questions are […]

Studying is the bedrock of higher education. It’s what college students do in their off hours, and most colleges and universities factor study time into calculating the time requirements for a college course. In general terms, students are expected to study three hours for every hour they spend in class. But with studying being so […]

Car parts manufacturer Coindu Romania, part of Portuguese Coindu Group, currently has 50 job openings at its factory in the locality of Curtici (Arad County), in line with data on the website of the local employment agency in Arad.

Pilis Food, a company founded by Romanian entrepreneur Puiu Elisei, has acquired the local bankrupt mushroom compost plant East Champion Union Cooperativa Agricola.

The international airport in Oradea (western Romania) launched in the Electronic Public Procurement System (SEAP) the tender for the development and modernization of the airport infrastructure, an investment estimated at RON81.5 million (EUR16.5 million) excluding VAT.

Banca Transilvania (BT.RO), the largest bank in Romania by assets, will be finalizing the integration of Idea Bank into Banca Transilvania financial group on June 13, 2022, almost one year since the signing of the purchase agreement.

Most Romanians (77%) fear a possible economic crisis in 2022 and the rising consumer prices represent their biggest fear, in line with a survey conducted by Avangarde.

Romania’s mergers and acquisitions (M&A) market recorded 48 transactions in the first three months of 2022, 17% more than in the first quarter of 2021, as per an analysis by consulting firm Ernst&Young (EY).

Suceava-based paving stone manufacturer Symmetrica has announced an investment of EUR10 million to fully retrofit its factory in Veresti (Suceava County), the company’s first production unit inaugurated in 1999.

CBRE Romania assisted S IMMO AG, in the acquisition of EXPO Business Park, an office complex located in the north Bucharest.   This transaction is the first one from CBRE Romania’s record pipeline for 2022, a pipeline with a value of over 1 billion euro and assets from all segments of commercial real-estate. “Investor interest […]

Recommerce Group, a pioneer and leader in Europe in the field of smartphone refurbishment, has concluded a strategic partnership with Auchan Retail Romania.   Through this, the smartphones refurbished by Recommerce Group are sold in 30 of the Auchan hypermarkets in Romania, located in Bucharest, Cluj, Craiova, Sibiu, Timisoara, Constanta, Brasov, Suceava, Bacau, Baia Mare, […]