Romania Feed

Postis, the first Romanian digital platform for delivery management, automation, and optimization, launches Parcely, the first integrated Track & Trace app for end-customers. They will be able to seamlessly track directly on their smartphone all the orders they are about to receive, regardless of the store they purchased from, and the courier company used for […]

Romanian state-owned oil transporter Conpet Ploiesti (COTE.RO) is proposing to shareholders a gross dividend of RON7.28 per share, meaning the distribution of a total sum of RON50.4 million from the RON52 million profit registered in 2021.

Agroserv Mariuta, the Romanian company that owns Laptaria cu Caimac brand, ended 2021 with RON68.4 million turnover, up 40% from 2020 and net profit of RON1.7 million, from RON6.2 million losses in 2020.

Pharma group Bioeel, owned by businessman Albert Attila, a founding member, and Jean Scheftsik de Szolnok, a French citizen, expects 7-8% turnover growth at group level for 2022 on the year.

Smart Fintech launches a new open-banking product, Smart Accounts, the only account interrogation service – AIS, developed in Romania and authorized by the National Bank of Romania (NBR). The solution suits individuals and legal entities (who will thus be able to access all their bank accounts in one place) and all the companies processing their […]

VarunaS, a company operating in the field of toy retail and wholesale, registered a two-digit turnover increase in 2021 against 2020, to around RON14 million, in line with ZF calculations based on company data.

Amid dwindling hydrocarbon output due to natural decline and the sale of some deposits, coupled by lower demand for natural gas, OMV Petrom has budgeted only 6% higher profit for 2022 year-on-year and 1% lower sales.

Verdino, a Romanian producer of meat alternative products using pea protein co-founded by Raul Ciurtin, is strengthening its position in Germany, with its products listed in 8,000 stores in the country.

Bittnet (BNET.RO), a group of IT companies listed on the main market of the Bucharest Stock Exchange has announced the completion of the negotiations for the full takeover of IT&C integrator TopTech. The deal is subject to approval by the Competition Council.

Pharmaceutical wholesaler Mediplus Exim, part of the A&D Pharma group, controlled by Penta Investments, increased its revenue by 15% to RON4.6 billion in 2021, the company said.

Romania's finance ministry on Monday raised 537 million lei (EUR108.7 million), selling bonds maturing in 2034, at an average annual yield of 6.21%, central bank data showed.

Kinderpedia, the communication and management platform for kindergartens and schools created in 2014 by Evelina Necula and Daniel Rogoz, has signed a partnership with Maple Bear Global Schools, the largest global Canadian bilingual education franchise network, for the integration of all educational, operational and financial activities in a single digital platform.

An integrated team of transaction professionals of PwC Romania and D&B David si Baias, the law firm affiliated to PwC in Romania, have provided assistance to Italy’s Beltrame Group in the transaction for the acquisition of the functional production assets of insolvent special steel plant (COS) Targoviste.

Investing in precious metals is a fantastic way for novices and individuals with little expertise to enter the market. Apart from buying jewelry, fancy watches, and perhaps coins, many people are unaware of the numerous investment possibilities available for these metals. Silver, gold, platinum, and palladium have been used as investments for millennia. Indeed, they […]

Recently entered on the Romanian fast-casual market, Submarine Burger announces business plans for 2022. The first point of selling in Romania was opened on the principle of dark kitchens, having the products available only through Glovo, for a pilot period.   The Croatian chain of burgers, currently present in Zagreb, Rijeka, Split and Zadar, already […]

Shareholders of state-owned utility group Electrica (EL.RO) decided in their general meeting of March 21 to approve a total ceiling of short-term financing in the amount of RON1.5 billion that can be contracted in 2022, which will be used for the current activity of its electricity supply branch Electrica Furnizare.

Based on historical growth, women will occupy less than a third (28%) of the leadership roles in the financial services companies by 2030, according to the latest edition of Deloitte report ”Leadership, representation and gender equity in financial services”.   This projection shows that the number of women leaders will slowly grow by 4% in […]

Lemon Office Design, the office division of Lemon Interior Design, announces a partnership with Superbet for the design concept and arrangement of the company`s offices at One Cotroceni Park. The largest sports betting operator announced earlier last year the relocation of its headquarters to the One Cotroceni Park office building, where it will occupy a […]

The digital arm of Grup Feroviar Român (GFR) has launched Synopsis, an application that integrates a large part of the systems developed and implemented so far by GFR, in order to provide real-time operational perspectives and thus support the decision-making process.   The system centralizes several types of essential information for railway operators, already transposed […]

Maple Bear Global Schools, the largest global Canadian bilingual education franchise network, joined hands with Kinderpedia, the complete communication and school management software and app.   The partnership will offer the Maple Bear kindergartens and schools worldwide one unique operating system to integrate all their operational, financial, and educational activities and needs. Kinderpedia integrates tailored […]