Romania Feed
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ZF English - 05:00 Jan 26, 2023
Fashion retailer LPP, owner of five well-known brands such as Reserved, House, Mohito, Cropp and Sinsay, has leased 65,000 square meters of warehouse space in CTPark Bucharest West, the largest logistics park in Central and Eastern Europe serving regional markets. -
ZF English - 05:00 Jan 26, 2023
Building materials manufacturer TeraPlast, controlled by Dorel Goia, is investing around EUR15 million in a new factory and a photovoltaic plant this year. -
ZF English - 22:00 Jan 25, 2023
Dumagas, one of the largest freight forwarders in Romania, controlled by the Bancroft private equity firm, ended last year with EUR37 million in revenue and in the black, after making a loss the previous year, its officials say. This year’s revenue estimate is EUR40 million. -
ZF English - 20:17 Jan 25, 2023
Online shop Complice.ro, which specializes in selling experience-based gifts, managed to exceed its revenue target last year, posting EUR430,000 sales, an increase of 168% on 2021. -
ZF English - 19:19 Jan 25, 2023
The European Central Bank (ECB) has signed a Memorandum of Understanding (MoU) with national competent authorities of six EU Member States not part of European banking supervision, Romania’s National Bank announced on Wednesday (Jan 25). -
ZF English - 18:38 Jan 25, 2023
Romania's Finance Ministry on Wednesday (Jan 25) raised RON1.3 billion from banks selling treasury bills maturing in April 2023, at an annual average yield of 6.7%. -
ZF English - 18:01 Jan 25, 2023
Romanian consumers made fewer impulse purchases in 2022, according to an analysis by Limitless Agency, one of the largest digital marketing agencies. -
ZF English - 17:29 Jan 25, 2023
The office space market in capital city Bucharest went through a period of stagnation in 2022 and the demand for space stayed at the same level as in 2021, while deliveries of new space halved compared to 2021, as per an analysis by real estate consulting firm JLL. -
ZF English - 16:07 Jan 25, 2023
Private lending in Romania grew by 12.1% in nominal terms (-3.6% in real terms) in December 2022 versus December 2021 to RON363.59 billion, as local currency lending increased by 6.6% (+8.4% in real terms) and foreign currency lending expressed in lei by 26.7%, central bank data showed on Wednesday. -
ZF English - 14:58 Jan 25, 2023
Romanian electricity supplier Electrica Furnizare is starting a new partnership with Romanian-held company Fermador that owns poultry farms, a combined feed factory, a slaughterhouse, a state-of-the-art incubation station and a network of 21 stores. -
ZF English - 14:14 Jan 25, 2023
2022 was the year in which employees started to return to the office again, after two years when the remote work was the rule rather than the exception, and the trend is set to be kept. -
ZF English - 12:17 Jan 25, 2023
Liberty Galati, the largest integrated steelworks in Romania, has outlined the digitization and automation projects it will be implementing in 2023. -
ZF English - 12:02 Jan 25, 2023
Three quarters of companies increased their sustainability investments over the past year, out of which 20% say that the allocated resources were significantly higher than in previous years, despite the economic uncertainty and the rise of operational costs, according to the Deloitte CxO Sustainability Report 2023. -
ZF English - 09:04 Jan 25, 2023
F64 Studio, operating Romania’s biggest photo-video equipment retailer, has sealed a partnership with fintech Mokka, a player on the Buy Now Pay Later market of CEE, via which clients can buy products in installments starting late 2022. -
ZF English - 08:55 Jan 25, 2023
Aro Palace Brasov, controlled by Transilvania Investments, is looking for a CEO, as well as a general manager for the hotel of the same name. -
ZF English - 08:23 Jan 25, 2023
Software developer OVES Enterprise saw turnover top EUR6 million in 2022 and for the current year its officials expect turnover to double amid the rising number of projects in the financial and defense industries. -
ZF English - 08:11 Jan 25, 2023
Faurecia Romania, the local subsidiary of French giant Faurecia, currently has 425 jobs available for two plants in Valcea. -
ZF English - 08:06 Jan 25, 2023
Group of firms Maviprod-IRUM, owned by Oltean family of Reghin, in 2022 generated EUR65.5 million turnover and expects a 10% increase at least in 2023. -
ZF English - 07:52 Jan 25, 2023
Private equity fund Innova Capital, one of the most dynamic financial investors in CEE, including Romania, is raising its seventh fund and wants to collect EUR350 million overall. At least 15-20% of this sum would be injected in companies of Romania, with the local market being the second most appealing for the fund, after Poland. -
ZF English - 06:00 Jan 24, 2023
The Competition Council cleared a total of 94 deals in 2022, a record number for the last 16 years.