Romania Feed

Romania's finance ministry will be launching three new bond issues for the general population Monday, December 6, which can be subscribed until December 20, 2021.

Construction group TeraPlast announces the expansion of its management team with the appointment of Laszlo Vajda as development director. He will start work in December and will coordinate development strategies for all companies within the group.

In 2019, Romania recorded the highest national VAT compliance gap with 34.9% of VAT revenues going missing in 2019, placing it first among European Union Member States, in line with a PwC analysis citing data from the European Commission report released on December 2, 2021.

From Iasi to Timisoara and Bucharest, more than 38 landmarks around Romania will be bathed in purple light Friday 3rd December, recognising the world’s 1.2 billion people with disabilities. #PurpleNightRomania is a call to action that celebrates and draws attention to the potential economic contribution of the 800.000 people living with disabilities in Romania.    The […]

The Rhein & CIE Azuga 1892 Cellars, owned by The Iconic Estate, part of the Alexandrion Group, will have a new concept that will illustrate the royal spirit and reflect the longevity and nearly 130-year history of the location. The concept will reflect the charm and refinement that this complex, developed by the Rhein family […]

This season, Didactica Publishing House (DPH) has prepared a portfolio of Christmas books of over 50 titles, with an investment of EUR 200,000. Almost a third of this investment was directed to event books, interactive, with an atypical format, in limited edition.   60% of parents include reading in their daily activities, and 80% prefer story […]

Part of the Cargus’ strategy to improve the experience of its customers, the company opened 9 new logistics warehouses this year, equipped with modern sorting systems. The location of the new warehouses in Brașov, Buzău, Miercurea Ciuc, Zalău, Cluj, Pitești, Târgoviște, Alba-Iulia and Vaslui ensures a faster transit between destinations.   Equipping the warehouses with […]

TBI Bank, the biggest buy now pay later lender in Romania, continues to spread its finance solution and signs a partnership with cora Romania, one of the largest retailers in the country, to give customers a seamless, personalized and digital shopping experience directly in the store. The partnership with cora is part of TBI Bank’s […]

Johnnie Walker, the world’s number one Scotch Whisky welcomes a progressive female ambassador to join the “The Walkers” movement. Milla Jovovich became the second star to join the “The Walkers” ad, after the successful launch with Adrien Brody, earlier this year.   The video for the new chapter of the “The WALKERS” campaign, directed by Paul […]

Starting today, Burger King Romania announces the introduction of a new category of premium burgers in the menus of its restaurants, by launching King’s Collection – two gourmet burgers with 150g of premium beef, grilled with flame, using the highest-quality ingredients, and addressing everyone who seeks a special kind of culinary experience. King’s Whiskey BBQ […]

The competition on the labor market remains intense at the end of 2021, in the context in which, after the 2 years of pandemic, most companies went through complex transformation processes and these together with the mental tension of the period brought increased pressure on the labor market, especially felt by employees in key roles, […]

The US demographic landscape has transformed; 129 million multicultural consumers now represent 40 percent of the population. At the same time, multicultural consumers have driven over 100 percent of US population growth over the last five years and are projected to drive even greater growth for the foreseeable future, while Hispanics in the US are […]

According to statista.com, the marketing and advertising sectors have always been fueling one another. Market analyses show that the global advertising industry is on the rise and projected to grow by 5.9 percent in 2021. By Romanita Oprea   Marketing and advertising research expert A. Guttmann, working for Statista, wrote that the global advertising market […]

Libra Internet Bank, the first bank in Romania to offer a 100% online bank account and 100% online loan, continues the financing through the capital market and lists its second bond issue, worth EUR40 million. The bonds are traded on the Bucharest Stock Exchange’s Main Market, under the ticker LIBRA28E, on Friday (December 3).

Cris-Tim, one of Romania’s biggest entrepreneurial businesses, is considering new market segments, but also boosting its operations set to generate around EUR150 million this year, up 17%.

Valcea-based healthy food producer SanoVita, founded in 1995 by three entrepreneurs, ended the first nine months of this year with 12% higher revenues and expects to hit RON85 million turnover in 2021, according to its officials.

Meta Estate Trust, a holding-type company operating in the real estate field, has successfully completed the last private placement ahead of AeRO listing scheduled for 2Q/2022.

Footwear retailer Benvenuti, controlled by local entrepreneur Dan Pavel, opened the sixth Enzo Bertini store in Romania, and the third in Bucharest, in Sun Plaza Bucharest.

Cosmin Buzaianu, a stakeholder in Focsani-based packaging maker Electric, says the company has invested EUR2.5 million to double production capacity for all packaging types.

Agricola Bacau, a major player on Romania’s poultry market, also producing cold cuts, as well as ready meal items and eggs, invested in its own research center to tailor supply to market demand, said Grigore Horoi, the chairman of Agricola group, with revenues of above RON730 million in 2020.