Romania Feed

Ropharma (RPH.RO), a pharmacy chain indirectly owned by entrepreneur Mihai Miron, reported revenues of RON473 million in 2021, up 4% from 2020, the company said in a stock market report on Monday.

Cartofisserie, the company operating the fast-food restaurant chain of the same name, reached RON36 million turnover in 2021, double the 2020 level.

Romanian-held milling and bakery company Mopan Suceava ended 2021 with RON97.7 million turnover, over 13% higher year-on-year, the highest level so far, while net profit doubled, to RON12.5 million.

Law firm Filip & Company has assisted Tiriac Group on the sale of the rights and operations of the Mutua Madrid Open tennis tournament and the Acciona Open de España golf tournament to IMG UK, which is part of Endeavor group, a global leader in the events, entertainment, sport, media and fashion industries.

Romania's finance ministry will be launching two new bond issues for the general population, under the Tezaur program, with one-year and three-year maturities, available for subscription in the period April 4-27.

Romanian cloud services provider ClusterPower is building near Craiova (southern Romania) a campus consisting of five data centers connecting Romania to the world’s major data centers, within a project worth almost EUR40 million and scheduled for completion in 2025.

Lobyco – a Scandinavian software company owned by Coop Denmark – has made a substantial deal with the Romanian retail giant Profi Rom Food, which operates around 1600 supermarkets in Romania.   The deal with Lobyco involves the purchase of software solutions that makes it easier for customers to plan and purchase their groceries. This […]

Real estate consulting firm SVN Romania consolidates its management team by recruiting Ionut Petcu, one of the most experienced consultants active on the land segment.

YOLO Media, a PR agency founded in Romania in 2011 by Sorin Duțoiu and Christian Stan, inaugurated its first branch in the United Arab Emirates. The new division will manage the accounts of international and local companies in the GCC area by providing communication and image strategy services for Middle Eastern markets. By Romanita Oprea […]

International charity “Save Ukraine — #StopWar” telemarathon in support of Ukraine on March 27th, 2022, was shown by 30 TV channels worldwide. During the 2-hour broadcast political leaders, artists, public activists, athletes and volunteers from all over the world supported Ukraine and called to stop russia’s brutal war. Before, during and after the telemarathon, funds […]

Filip & Company assisted Țiriac Group, in the sale of the rights in and operations of Mutua Madrid Open tennis tournament and Acciona Open de España golf tournament to IMG UK, which is part of Endeavor group, a global leader in the events, entertainment, sport, media and fashion industries. The transaction was signed on 6 […]

WeMat, a leading company in the commercial floors segment on the real estate market, is implementing projects covering over 200,000 square meters of flooring and 8,300 sqm of ventilated façade systems, with a total value worth over EUR15 million.

VMLY&R took over Fractal Communications, Romanian local agency part of WPP, and joins VMLY&R Commerce to offer brands a connected experience. By Romanita Oprea   Taking over the local agency by VMLY&R is part of the global strategy to simplify and integrate capabilities and services offered to the partners. At global level, VMLY&R has over […]

With social media playing an increasingly important role in all industries, it is more important than ever for users to have a strong online presence. Many businesses and individuals struggle with this, not knowing where to start or what steps to take. In this article, we will discuss the top ways social media users can […]

A multidisciplinary team, made of lawyers specialized in tax litigation from Reff & Associates | Deloitte Legal and tax advisors from Deloitte Romania, has obtained a final favorable decision from Romania’s Supreme Court to cancel EUR5.5 million tax decisions issued by the country’s tax regulator ANAF for a support services company, member of a group operating in the energy field.

As of April 1st, 2022, Boualem Saidi takes over the lead of Bayer Romania, Bulgaria and the Republic of Moldova from his predecessor Sercin Giray, who will continue her activity as Head of Performance & Community Management and Bayer2022 Platform Transformation Program within Group Finance in Leverkusen.   Boualem joined our Country Group in July […]

In today’s highly competitive business environment, companies fight to win customers’ attention. And the more fierce competition gets, the more demanding are the expectations you have to meet. As such, maintaining customer satisfaction levels at the highest should certainly be your top priority if you want your business to stay afloat.   However, providing your […]

Audiobooks have dominated the top of the literary charts in March at the expense of e-books, with 12 times higher numbers than digital books, according to Voxa’s internal research, the first Romanian streaming platform for audiobooks and e-books.   “Audio is by far the most accessed format from our platform. Voxa users’ preference for audiobooks […]

Romania's foreign exchange reserves decreased by EUR1.73 billion in March 2022 versus February 2022, to EUR40.1 billion, central bank data showed Friday.

Over EUR18 billion will be available for projects in Romania’s energy sector through calls for the National Recovery and Resilience Plan (PNRR) and the Modernization Fund, in line with an analysis by EY Romania.