Romania Feed

Apparel producer Hermosa of Braila now has four own stores, another one operated by a partner in a franchise system and wants to almost double its network this year.

Italy’s farm machinery producer Maschio-Gaspardo, which owns a plant in Chisineu-Cris of Arad, currently has 65 jobs available.

Austrotherm Romania, the local subsidiary of the Austrian group of the same name, a producer of polystyrene for constructions, has recently launched participation invitation for company that can provide machinery and technological equipment for a new plant the company will open in Romania.

Jozsef Varadi, CEO of Wizz Air, the biggest airline in Romania by passenger numbers, projects a 9.4 million passenger traffic in Romania in the next 12 months, namely April 2022-March 2023, almost double the level of April 2021-March 2022.

Euroins Romania is the new leader of the local insurance market, with over RON2.19 billion gross underwritten premiums at end-2021, up 67.4% from 2020, equaling a 15.4% market share, in line with information published in ASF (Financial Supervision Authority) report on the 2021 insurance market evolution.

Romania’s Finance Ministry raised RON650 million from banks via two government paper auctions at an annual yield of 6.49% and 6.37% on Thursday, April 7.

ClusterPower, a company founded by Romanian entrepreneurs Cosmin Georgescu, Vladimir Ester and Carmen Ursa Georgescu in 2019, inaugurated on the largest data center in Romania, in Mischii, Dolj County April 1, 2022.

Dental clinic network Dr. Leahu, which has a bond issue listed as DRL22 on the Bucharest Stock Exchange, has announced the opening of its 18th clinic on April 9.

At the end of the first quarter of 2022, the Bucharest modern office stock reached 3.27 mln. sq m after the delivery of three new buildings with a combined gross leasable area (GLA) of 73,500 sq m.    From the total new supply, the Center-West sub-market claimed the largest share, respectively 43% with Sema Park […]

The easing of the Covid-19 restrictions, two years after the start of the pandemic, strengthens the prospects of employees returning to the office, but also increasingly highlights the effects of the lack of physical interaction between employees and teams during this time.   Thus, 82.6% of employees say that working from home has affected their […]

Vodafone Romania and Salvamont (Mountain Rescuers Association) strengthen their technological partnership and launch two digital solutions that, together with the power and the reliability of the recently rebranded Vodafone GigaNetwork, help to significantly reduce the time needed to search for victims and save more lives.   When the path goes unseen, the mountain rescuers rely […]

With currently 100% of its solutions launched being digital, and more than 1.3 billion euros invested in technology since 2016, Edenred not only disrupted its business model, but also established itself as the leader in digital innovation in its markets. The Edenred Digital Center has become a key technology asset: more than a digital hub […]

Philips Romania, together with Viitor Plus association, announces the start of the campaign “We plant together”.     For each order over 250 lei, placed on the www.philips.ro, between April 5th and September 30th 2022, Viitor Plus Association will plant a tree in the commune of Apele Vii, in Dolj County, on a degraded land, […]

Arctic, the largest manufacturer of household appliances in Romania, has opened a regional spare parts hub near the Pitesti-Bucharest highway that will supply 23 countries, as part of the development strategy in Romania and the region of its owner, the Arçelik group.

Vodafone Romania and Salvamont (Mountain Rescuers Association) strengthen their technological partnership and launch two digital solutions that, together with the power and the reliability of the recently rebranded Vodafone GigaNetwork, help to significantly reduce the time needed to search for victims and save more lives. When the path goes unseen, the mountain rescuers rely on […]

The European investment platform for technology startups SeedBlink is launching an annual membership SeedBlink Club – and is working to create a secondary market where investors can trade their assets with each other.   SeedBlink Club members can diversify their portfolio with venture capital-led opportunities starting at 1,000 euros, compared to 2,500 euros for the […]

Vitamin D deficiency is a major global public health problem in all age groups1, 2.   Vitamin D, vitamin E and DHA are very important for the proper development and functioning of the immune system, the skeletal system and the brain, in this sense, after numerous researches in the field, Nestlé, through its Infant Nutrition […]

According to the latest data published by the National Institute of Statistics, the total value of exported processed tobacco products, such as cigarettes and tobacco heating products consumables, was 1.34 billion EUR in 2021, representing almost half of the total exports in the food, beverages and tobacco category.   BAT Romania, the local tobacco market […]

AROBS Transilvania Software, a Romanian IT company controlled by Cluj entrepreneur Voicu Oprean, listed on the AeRO market of the Bucharest Stock Exchange under the ticker AROBS, has sealed a contract to take over Enea Software Development Software Services, a subsidiary entirely held by Enea Software AB, whose parent company Enea AB is listed on Nasdaq Stockholm.

MGID, the global advertising platform, today announces it has acquired a majority stake in Metup Native S.r.l., a leading native advertising network in Italy previously owned by MetUp. This deal marks the latest step in MGID’s global expansion plans.    MGID entered the Italian market by partnering with Metup in 2019. Leveraging  the technology, data, […]