Romania Feed

Romania’s energy ministry said the Investment Committee approved on Thursday (April 7) an amount of approximately EUR1.4 billion aimed at funding, from the Modernization Fund, significant projects for the modernization of the Romanian energy sector.

Technology startup investment platform SeedBlink is preparing to launch a secondary market in the second half of 2022 where investors can trade their assets with each other, thus increasing the liquidity of their portfolio investments.

David Malpass, President of the World Bank Group, will arrive in capital Bucharest on Wednesday, April 13, 2022, for a two-day visit, which will be his first trip to Romania as World Bank Group President.

The post-pandemic world is full of uncertainties and opportunities, which makes now a great time for banks and other financial institutions to initiate programs that will give them an edge over the competition. Given the evolving business environments, banks should use every piece of useful technology that they can access to improve their data collection, […]

Instagram has a lot to offer with every coming update. A lot of it has been the reason for the current popularity of Instagram. There is no denying the fact that we have varied features on the app and there is always something new.  From stories, reels, IGTV, live stream to the tits and bits of new […]

Romanian state-run state-owned hydropower producer Hidroelectrica said in a statement that it plans to acquire up to three electricity and natural gas suppliers.

The first top website to buy promotions on Youtube is Views.Biz. On this panel you’re able to buy Youtube views and make your profile more credible. There are only four options to do that and all of them are with a 30 days guarantee refill, two of them are with a discount. The maximum number […]

The last two years have been one of the most challenging ones in recent history, with companies having to adapt and be very resilient and strong in order to survive a never-before-seen situation. With no means to compare it to anything else. Still, 2021 proved to be good for the Romanian marcomm industry, especially for […]

Dacia Mioveni and Ford Craiova, the two car plants in Romania, manufactured 136,301 vehicles in the first three months of 2022, 15.7% more than in the same period of 2021, data from the country's carmakers association ACAROM showed Friday.

Energy company OMV Petrom (SNP.RO) on Friday said its crude oil production dropped by 13% and its natural gas production by 12% year-over-year in the first quarter of 2022, mainly due to a natural decline in deposits, but at rising prices, in line with a report on the technical indicators of PETROM production released on Friday (April 8).

Mihai Precup, with experience as a banker, was appointed Secretary of State at the Ministry of Finance by Nicolae Ciucă, the Romanian Prime Minister. A former lecturer at the Sorbonne, he worked for 6 years at the EIB and specializes in capital markets and monetary policy.   Precup was a lecturer at the Sorbonne University, worked for […]

Business education is especially in demand now. In this article, we’ll talk about why you should enroll in business school and the specifics of enrollment.   What moves a person when he decides to go to one of the MBA programs? Such an important step requires good reasons. They are not always obvious, conscious. Very […]

Shocking research recently suggested that an estimated 10 million employees have access to discounted shopping schemes through work benefits, but they rarely make use of them.   Around 38%, nearly two in five employers, revealed to consultants LCP that they offer retail discount perk schemes to their staff. With the cost of living rising at […]

Real estate developer Element Industrial has announced the inauguration of the first phase of the ELI Park 3 logistics project in Buftea-Chitila area.

Tudor Georgescu has been the CEO of Promateris for the past six and a half years, a period in which he guided the sustainable packaging manufacturer through many changes, for both the market and his company. In 2021, the group posted a record revenue growth and an EBITDA increase of 129%, estimating a net profit of EUR 4.3 […]

Tarfin, the regional leader in agricultural financial technology (agri-fintech) launches in Romania.   The company of Turkish origin focuses on supporting the Romanian farmers and suppliers of agricultural inputs by combining traditional distribution channels with technology and financial resources. Tarfin aims to lower farmers’ costs of agricultural production by providing quick, cheap, and transparent financing […]

Tradesilvania, the premium platform for investing in digital goods, has concluded a new strategic partnership with TechVentures Bank whereby Romanians will be able to safely access digital assets.

AROBS Transilvania Software, the largest IT company listed on the Bucharest Stock Exchange, announces the signing of a contract for the acquisition of Enea’s Software Development Services business (Enea Services Romania SRL), a subsidiary wholly owned by Enea Software AB whose parent company Enea AB is listed on Nasdaq Stockholm in Sweden. Through this transaction, […]

Romania's gross domestic product (GDP) grew by 2.4% in real terms (in unadjusted data) and by 3.9% in seasonally adjusted data in the fourth quarter of 2021 as compared to the same quarter of 2021, the country’s statistics board INS said Friday.

US restaurant chain Popeyes, due to officially enter the Romanian market in April 2022 in a franchise system, wants to open six units this year, all in Bucharest. The first unit will be opened on April 9, in Baneasa Shopping City of northern Bucharest.