Romania Feed

Deloitte Romania assisted Romgaz, the largest natural gas producer in Romania, owned 70% by the Romanian state, in obtaining the 325 million euros loan from Raiffeisen Bank.   The loan will be used to partially finance the takeover of Exxon Mobile Exploration and Production Romania Limited (EMEPRL) shares, which account for 50% of the Neptun […]

Somfy Romania, the world leader shading automation for homes and buildings, but also a key player in the smart home industry, announces a 29% increase in business in 2021, driven by very accelerated sales and the strong trend of home and building automation, both indoors and outdoors.   The growth rate of Somfy connected products […]

Degethal, the financial and investment solutions fintech, has entered into a Strategic Partnership for the development of the company’s image and brand marketing strategy, locally and globally, with Heraldist & Wondermarks, a leading company in the field in Cluj.   Fintech Degethal is preparing to offer users a unique digital platform in Romania and Europe, […]

Deloitte Romania assisted Romanian natural gas producer and supplier Romgaz (SNG.RO) in obtaining the EUR325 million loan facility from lender Raiffeisen Bank.

Softbinator Technologies (CODE.RO), a Romanian software developer specializing in designing, developing and launching innovative products, has published its 2021 report and kept the budget estimates for 2022 as in the listing memorandum – RON26.7 million revenue and RON5.4 million net profit.

Romania’s Finance Ministry reopened a bond issue due in July 2029 and raised RON579.4 million from banks on Thursday, above the planned level of RON300 million, at an annual yield of 6.68%.

IT company Betfair Romania Development, based in the city of Cluj-Napoca, continues its growth plans on the local market, aiming to expand its team by 50% by the end of 2023 to reach the threshold of 1,500 employees who develop the global products of the Flutter Entertainment Group, which includes Betfair Romania Development.

MERO, a Romanian application for beauty salon appointments, on Thursday announced the acquisition of Logbox, a management system for beauty salons in Romania.

German-owned discount store chain Penny on Thursday said it ended 2021 with a turnover of RON5.39 billion, up 14% from 2020, and a net profit of RON123 million, up 44.8% on the year.

Austrian real estate developer S Immo said in a statement on Thursday that it reached an agreement to acquire the office project Expo Business Park in northern Bucharest from Portland Trust.

InteRo Property Development, a company held by the Topolinski Family of Canadian investors, plans to invest EUR54 million in two residential projects in northern Bucharest.

Inetum Romania, part of the French group of the same name, plans to expand its team and is looking to recruit 300 specialists in the country, the company said in a press release.

Cybersecurity solutions producer Bitdefender has invested over EUR50,000 in upgrading a computer lab for the students of the Faculty of Automation Control and Computer Science within the Polytechnic University of Bucharest.

Liliac and Castel Mimi wineries are launching a new wine collection, Tandem, which unites the efforts of two vineyards based in Romania and the Republic of Moldova.   The partnership between the two wineries is possible through a shared investment of 300.000 euros for the launch of the new wine collection. Liliac and Castel Mimi […]

Renault will unveil as a World Premiere its new concept-car at ChangeNOW 2022, on May 19th, 2022, at 10:00 am (Bucharest time).   This vehicle is a unique concept-car embodying the group’s sustainable development vision and commitments, and was firstly announced on February 18th, 2022, by Luca de Meo, CEO of Renault Group and Renault […]

Hervis Sports & Fashion, the Austrian sporting goods retailer in Romania, reopened on Thursday, April 14th, at 10:00, the first store in Bucharest renovated according to the latest standards of the concern of which it is part.   The store is located in the Militari Shopping Shopping Center, Bd. Iuliu Maniu 560A Bucharest, has an […]

Sebastian Burduja, a member of Romania’s Parliament and entrepreneur, announced today a newNFT collection to support the reconstruction of Ukraine. 100% of funds raised will be redirected to the official accounts opened by the Ukrainian government for the reconstruction of the country destroyed by the Russian invasion.    The collection includes 9 different NFTs, each representing a martyr city in […]

Lender Banca Comerciala Romana (BCR) on Thursday announced the launch of the ADA chatbot, the virtual assistant that provides accurate and fast information for both retail and corporate activity.

The European Digital Commerce powered by VTEX event has become a milestone for the entire retail industry in the region, bringing together hundreds of specialists, dozens of speakers, and hours of premium content. On May 5th, get ready for a full day with incendiary debates, hands-on presentations, and quality networking. Everything you need to generate […]

If you intend to work for Kellogg Romania, it is good to know that you will be part of an inclusive environment, in which the health and emotional balance of the employees is essential, as the company becomes the first company in our country to offer paid days off for miscarriage or IVF treatments. By Romanita […]