Romania Feed

Adrian Mihai, CEO & Co-founder at FAN Courier, is set to become a speaker at BR’s upcoming re:FOCUS on eCommerce, Retail & Logistics. He will be part of the first panel of the day, dedicated to eCommerce and the Courier Industry, during which he will talk about the future of his industry and how courier companies approach […]

Tudor Iuga, Senior Consultant Industrial & Logistics Services at CBRE Romania, will be a speaker in the second panel of BR’s upcoming re:FOCUS on eCommerce, Retail & Logistics, dedicated to Retail & Logistics, where he will share valuable market insights into the industrial & logistics spaces sector.   Tudor Iuga has been with CBRE Romania since […]

Stejara Pircan, Senior Vice President at eMAG, will be a speaker in the first panel of BR’s upcoming re:FOCUS on eCommerce, Retail & Logistics, dedicated to eCommerce and the Courier Industry, where she will be exploring the challenges, trends and strategies that are revolutionizing eCommerce and omnichannel.   Stejara Pircan, Senior VP eMAG, has been leading the […]

Romanian home deco chain Delta Studio will in 2022 start building a new logistic center, of 25,000 square meters, for which it has already bought the land plot in Bolintin-Deal, near Bucharest.

Brokerage firm Swiss Capital forecasts that building materials producer TeraPlast Bistrita (TRP.RO) ended 2021 with total revenue of RON607.8 million, up nearly 53.1% from 2020, and a net profit of RON51.7 million, up 61.5% on the year, as per calculations by Ziarul Financiar daily based on data from a report published Thursday on www.bvbresearch.ro.

New registrations of road vehicles for passenger transport decreased by 16.8% in Romania in the fourth quarter of 2021 compared to the fourth quarter of 2020, data from the country’s statistics board INS showed Friday.

The fight against COVID-19 has been waged in hospitals, nursing homes, pharmaceutical laboratories, and quietly but powerfully, in a data center in Bologna, Italy. There, a not-for-profit consortium of dozens of Italian universities, research centers, and government ministries called Cineca houses Italy’s largest computing center and one of the most powerful supercomputers in the world […]

Cosmin Carstea, CEO of Dubai Ports (DP) Logistics Romannia and Dubai Ports Constanta, said DP Romania is set to invest in a multimodal terminal in Aiud, due to be connected via direct trains to Constanta harbor. Investments amount to EUR10 million and works have started.

Electrica (EL.RO), the biggest electricity supplier in Romania and a listed company part of BET main index, was granted an electricity trading license by the Hungarian Energy and Public Utility Regulatory Authority, reads a report published on the Bucharest Stock Exchange.

Romanian banking system profit for the entire 2021 may climb to a record high of around RON8 billion or even more, despite the pandemic, given that gains topped RON7.5 billion after the first 11 months of last year.

Online fashion retailer Answear, a business started in Poland more than ten years ago and present in Romania since the end of 2015, posted record sales in all ten countries where it operates - EUR159 million last year, 67% higher than in 2020.

Pharmacy chain Farmacia Tei, one of the most dynamic businesses in Romania, ended last year with sales of RON872 million, up 16% from the previous year, according to company officials.

Construction company CON-A in Sibiu posted EUR115 million revenue in 2021, an increase of about 16% compared with the previous year, according to ZF calculations based on data provided by the company's representatives. Profit, however, was much lower than in 2020, they say.

Romania’s Finance Ministry reopened a bond issue due in October 2027 and raised RON708 million from banks on Thursday (Feb 3), above the targeted level of RON600 million, at a yearly yield of 5.05%.

Vox Property Group, one of the most important real estate developers in western Romania, leased in 2021 a total of 4,650 square meters of office space in Vox Technology Park, a project delivered in Timisoara following an investment of EUR30 million.

ING Bank Romania is turning its Department of Corporate Social Responsibility, set up in 2012, into a Sustainability Department, in line with the transition to a green economy and the development of partnerships with the civil society.

While securing credit for just a home loan even if you have bad credit or renewing with much less credit may be more expensive or not even possible if you are going to a bank. Here are some pointers to assist you to secure a mortgage even if you have terrible credit:   Shop around: […]

Hilton hotel chain confirmed on Thursday (Feb 3) significant expansions to its DoubleTree by Hilton portfolio, with the announcement of six new European hotels in Italy, France, Romania, Hungary, the Netherlands and Germany.

Computer numerical control (CNC) precision machining produces multiple complex parts needed in many industries. Although automation works for several applications, numerous industries require custom-made parts for particular purposes. The ability to properly create and design pieces with a computer encourages various companies to utilize CNC precision machining for activities.    Everything, from the medical field […]

Nordic Group, one of the largest Romanian companies in the field of premium food distribution in Retail, Hospitality, and Bakeries, has appointed Dan Nistor as General Manager starting February 2022, with the aim to consolidate the accelerated development of the last years and to ensure resources for future projects.