Romania Feed

Tiriac Group used EUR3 million of its about EUR30 million investment budget for Tiriac Tower for projects intended to curb carbon emissions such as bike racks and lockers with showers for those choosing to commute to work by bike. It also installed nine EV quick charging stations.

AROBS Transilvania Software, a Romanian IT company controlled by entrepreneur Voicu Oprean of Cluj, announced it plans to list on the AeRO market of the Bucharest Stock Exchange (BSE).

Furniture retailer Mobexpert, controlled by entrepreneur Dan Sucu, in 2021 started to open smaller stores with which it wants to cover major cities outside Bucharest.

Consumer goods sales rose by 13% in the summer of 2021 against the same months of last year. Bucharest and Ilfov posted half this pace, reveals an analysis by RetailZoom market research firm.

Real estate developer Akcent Development plans to carry out investments on several already acquired land plots, both in district 1 and district 6 of Bucharest.

DGH Log & Sped forwarding company, one of the biggest domestically, posted two-digit turnover growth in the first nine months of this year and estimates it will end 2021 with an increase of around 18%, according to the company’s officials.

Cluj-Napoca-based cigarette wholesaler Punctual Comimpex, owned by entrepreneur Vasile Muresan, in the first half of this year posted turnover worth RON396.6 million (EUR80.1 million), up 24% from the year-earlier period.

McDonald’s posted almost EUR110 million revenue in the first half, an increase of 38% on the year-ago period.

Metropolitan Life, the second largest life insurer in Romania, posted RON255.9 milion gross written premiums in the first half, an increase of 31% on the RON195.2 million of the year-ago period.

The world can accelerate urgent climate action and halve carbon dioxide (CO2) emissions by 2030, according to Schneider Electric, the leader in the digital transformation of energy management and automation, recognized as the World’s Most Sustainable Corporation in 2021 by Corporate Knights. Kicking off the Innovation Summit World Tour 2021, Schneider Electric Chairman and CEO Jean-Pascal Tricoire’s keynote advocates […]

The logistics group CHEP, leading pallet pooling supplier for the European supply chain, announces the appointment of Gabriel Ivan as the Country General Manager for Romania and Bulgaria after three years of his success in leading the development of the local subsidiary.   In this expanded role, Gabriel Ivan will help advance supply chain collaboration […]

NEPI Rockcastle, the largest investor and developer of shopping centers in Central and Eastern Europe, has obtained the building permit for the residential project to be developed in the vicinity of the Vulcan Value Center, in Bucharest’s 13 Septembrie area.

Starting with October, Sano International distributes on the Romanian market the brand of shower gels for young people and teenagers, Keff. Launched in 1942, in Israel, Keff is a leader in the bath and shower products segment in its home country.   Keff shower gels come in a wide range of ice cream flavors, such […]

Starting this month, Interbrands Orbico becomes the most important player on the FMCG distribution market in Romania, once the merger is completed. Thus, the company brings customers an integrated portfolio of over 200 brands and 12,000 products in categories such as tobacco, perfumery, household, food and non-food.   Interbrands Orbico’s portfolio partners include Philip Morris, […]

CBRE, leader in the real estate consultancy market, advised Eli Lilly and Company (NYSE: LLY) in the process of renewing its offices from Bucharest Business Park (BBP), a project owned by CA Immo in the north-west of Bucharest.   Eli Lilly occupies around 900 square meters of office in Bucharest Business Park. Certified LEED Gold, […]

Ileana Damian took over the position of Chief Operations Officer of insurance company Generali Romania, the local division of Italy’s Generali Group, starting with October 13, 2021.

The IMMUNE Building Standard™, launched last year at the initiative of Romanian-based company Genesis Property with the purpose of combating the effects of the Covid-19 pandemic, expands beyond offices and industrial spaces to also cover residential buildings. This move reflects strong commitment in creating a healthier built environment for the future, as well as the […]

Scandia Food, the largest canned food companies in Romania, is entering a new market segment by acquiring a factory manufacturing frozen meat-based food products, which will be incorporated under the new entity Scandia Food Frozen.

Real estate consulting company Colliers marks 25 years of presence on the Romanian market by transforming its head office and implementing the WELL Health-Safety standard, the newest building rating system introduced by the International WELL Building Institute (IWBI) in the context of health challenges such as the Covid-19 pandemic. Thus, Colliers shows leadership in adapting […]