Romania Feed

A Speaker in the All-Star | Employer Branding panel at BR’s recent Working Romania HR Conference, Gabriela Neamtu, Head of Corporate Center & HR at MOL Romania, shares some insights about their strategy and organizational culture, that create a safe and satisfying place for the employees, and how does this help the company.   For […]

Red Bull Racing announces a new, exclusive partnership with leading global online gambling and entertainment brand PokerStars ahead of the 2022 Formula One season. The multi-year partnership, which features branding on the RB18 and the race suits, is aimed at F1’s growing audience as increasing technological advancements help to service and provide fans with new […]

Romania’s Competition Council has approved a transaction whereby Autonet Group Holding (AGH), part of Switzerland’s Swiss Automotive Group (SAG), acquired in October 2021 the majority stake in automotive parts wholesaler Augsburg International (AL).

The user experience (UX) that people receive when they visit a website is essential, and it should help them achieve their goals without any difficulty. This user experience shouldn’t stop at your website; it should go beyond your website and complement other parts of your brand. Your brand needs to be consistent, and this includes […]

The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had record assets of RON89 billion (EUR18 billion) in 2021, higher by approximately RON14 billion (+19%) on the year, financial regulator (ASF) data showed Friday.

The resilience of retail business models or concepts amid different crises might be what makes the difference between success and failure in the future, as uncertainty could be the keyword for both the business environment and society. From this point of view, Adrian Ariciu, CEO at Metro Romania, says that a customer-centric approach—a business model […]

OVES Enterprise, a software development company from Cluj, opens in Munich, Germany, its first office abroad, as part of the international expansion strategy which aims that the company to be present in 5 countries by the end of the year: Germany, USA, United Arab Emirates, United Kingdom and Spain.   The expansion in Germany is […]

The first #Call4.0Leaders episode of 2022 sees us talking to Paul Harfas, Co-Founder of Octavic, a man on a mission of building Octavic’s Industry 4.0 MoM System as a go-to system for factory floor digitalization, while providing value to the industrial ecosystem by empowering Smart Factories to operate at top efficiency.   What projects have you carried […]

ROCA Industry, the holding which draws together the building materials manufacturers included in the portfolio of ROCA Investments has signed the acquisition contract of a 70% package of shares from Eco Euro Doors (EED).   The most important Romanian manufacturer of doors for residential buildings, with an experience of 27 years on the market and […]

QUALITANCE, the international tech and innovation company founded in Romania, has announced that the company’s operations will be led by Radu Constantinescu starting January 20th, 2022. QUALITANCE co-founder Radu Constantinescu takes over as Chief Executive Officer from Mike Parsons, who has held this position since 2020 and remains with the company as Chairman of the […]

Oves Enterprise, a Cluj-Napoca-based company specialized in software development, with turnover of around RON14 million at end-2021, announced it is set to open an office in Germany, in Munich, and expand its team by around 60 people this year.

Radu Piturlea, deputy chairman of Romanian builder Concelex, says the company wants to end the next two years with rising results and it already has contracts worth over EUR420 million sealed for the 2021-2025 period.

Michelin Romania, part of French group Michelin, one of the world’s biggest tire manufacturers, has come to have more than 4,500 employees locally.

Dedeman, leader of Romania’s do-it-yourself (DIY) market and the biggest Romanian entrepreneurial company by turnover, got beyond the 12,000-employee mark, in line with company data.

Portugal’s EDP Renewables (EDPR), the third strongest investor in Romania’s green energy, took over Beta Wind project company, the developer of a 151-MW wind project, according to market sources, with the deal marking the company’s return on the market.

Bicycle maker Eurosport DHS, controlled by Chinese and German investors, currently has 50 jobs available at the Deva plant.

Bucharest’s five-star hotel JW Marriott, managed by Societatea Companiilor Hoteliere Grand, ended 2021 with turnover at 45% of 2019 level.

Tulcea-based bakery company Lidas, controlled by entrepreneur Elena Anastase, stared construction works for the second bakery plant, in Cataloi, in a EUR46 million investment, half covered by state aid.

Cigarette wholesaler Punctual Comimpex based in Cluj-Napoca and owned by entrepreneur Vasile Muresan, ended 2021 with total revenue of RON850.8 million (EUR173 million), up 17.4% year-on-year, the data supplied by the company show.

Telecommunications operator Digi Communications (DIGI.RO) on Thursday night notified Bucharest Stock Exchange investors it had repaid EUR272 million of the group’s financial debt.