Romania Feed

The Bihor County Council has signed a credit contract of RON100 million (EUR20 million) with lender Raiffeisen Bank, with a 12-year reimbursement period.

The Bucharest Stock Exchange on Wednesday said the shares of Grup Serban Holding would start trading on the AeRO market, the equity segment of the Multilateral Trading System, on Monday (Feb 28), under the stock ticker GSH.

Poland’s CIECH Group, with a 75-year experience in the chemical products industry, enters the Romanian agribusiness market and establishes CIECH Agro Romania.

Deutsche Telekom changes its logo on a group level and in all national companies operating under the T brand, company officials said in a statement.

Airbus has signed a partnership agreement with CFM International, a 50/50 joint company between GE and Safran Aircraft Engines, to collaborate on a hydrogen demonstration programme that will take flight around the middle of this decade.      The programme’s objective is to ground and flight test a direct combustion engine fueled by hydrogen, in preparation for […]

Laura Alina Dezsi will coordinate the activity of the sales traditional trade, sales key accounts, consumer marketing and events management teams, reporting directly to Mr. Nawaf Salameh, Founding Chairman & CEO of the Alexandrion Group.   Alexandrion Group, the largest spirits and wine producer and distributor in Romania, announces the appointment of Laura Alina Dezsi […]

Private lending grew by 15.1% in nominal terms (6.3% in real terms) to RON326.46 billion in January 2022 compared to January 2021, as local currency lending grew by 19.5% (10.3% in real terms) and foreign currency lending by 5.2% when expressed in lei (3.6% when expressed in euros), central bank data showed Wednesday.

Playtech’s shareholders failed to ratify Aristocrat’s planned takeover of the company this week. A bid of £2.1 billion was made, with many believing the deal would go through shortly. However, the shareholders decided it wasn’t in the brand’s best interest and rejected it outright.   Needing votes from 75% of the shareholders, Aristocrat only managed […]

With millions of people turning to Youtube for information dissemination and business promotions, Youtube videos have gained wider acceptance in recent years. So, in this article, we present the 28 best sites that sell Youtube subscribers. Look here, these are the best propositions:   Our overall best service provider – Socials Up Known for high […]

If your Instagram account needs a boost, ordering interactions on your Instagram posts can help. With that said, there are many websites promising to improve your Instagram presence, and it can be difficult to keep track of all of them. Let’s begin.   Catch some facts about the leaders of this market niche: The best […]

Sonae Sierra has launched a new image and positioning, illustrating the company’s new strategic cycle.    “Our new business strategy includes a renewed ambition for growth and requires the company to be more open to new market sectors, with a more comprehensive and flexible positioning. ‘Open mind’ means that. With this open-mindedness, we want to […]

The plan of NuScale, which will make the small modular nuclear reactors (SMR) for Romania, is to assemble them in a plant, and one such plant could be in Romania, CEO John Hopkins said at the ZF Power Summit.

Only six office buildings totaling 135,700 square meters of gross leasable area (GLA) are due to be finalized in capital Bucharest in 2022 – a five-year low- but the buildings planned for 2023, estimated at 267,300 sqm, are directly included in a top three deliveries over a ten-year period, in line with an analysis by real estate consulting firm CBRE.

Revolut, the global financial super app with more than 18 million customers worldwide, of which 1.6 million in the local market, has today announced a new feature available for its travel product Stays. With travel restrictions beginning to ease around the globe, and a holiday abroad now a top priority for many, Revolut users can […]

UniCredit Leasing launches a new financing solution in euro for the purchase through financial leasing of 100% electric or hybrid vehicles, offering to all those interested benefits of structure and price, respectively: an advance payment of only 5% of the purchase value and a variable interest rate composed of Euribor per 3 months plus a […]

MedLife Group said in a stock market report on Wednesday that it completed the acquisition of a 50% stake in the oncology centers of Neolife Romania, following the approval of Romania’s Competition Council, being the largest transaction initiated by MedLife in 2021.

Ogre AI, a startup company specialized in machine learning and artificial intelligence (AI) solutions for the energy sector, has announced the completion of an EUR2 million investment round led by Early Game Ventures (EGV), with the participation of London-based venture capital (VC) fund MMC Ventures and international business angels, company officials said in a statement.

Four out of five female investors in Romania and globally are confident they’ll reach their desired income in retirement if they continue with their current investment strategy. Nearly 1 in 5 (18%) of the female investors surveyed say they’ll reach this goal within the next five years. The surveyed Romanian women are more optimistic, nearly […]

CIECH Group expands its agro-business sector in Romania and establishes CIECH Agro Romania. Located in Bucharest, the new company will support the Romanian agro-business customers starting March 2022. Investments for local business set up 6.5 million euro, for the next 3 years.    The team which will ensure support for the CIECH Agro Romania unit […]

The volume of investments in the biggest real estate projects underway or due to start in 2022 across Romania goes beyond EUR1.8 billion, with the housing and logistics markets being the most dynamic at present, in line with an analysis by Bucharest Real Estate Club (BREC).