Romania Feed

Hidroelectrica, the largest electricity producer in Romania, on Thursday (June 30) signed a contract for the “modernization of the electrical installations related to the hydromechanical equipment and hydraulic actuation installation at the Gogosu overflow dam”.

Romanian natural gas producer and supplier Romgaz (SNG.RO) on Thursday (June 30) said in a stock market report that two conditions precedent are yet to be fulfilled in order to complete the transaction involving the acquisition of 100% of the shares held by US’ ExxonMobil in the Neptun Deep gas exploration and drilling project in the Black Sea.

Global technology and software company Emerson, part of US-based Emerson, opened a new training center at its Cluj headquarters this week, focusing on Rosemount™ and Micro Motion™ measurement solutions used in the pharmaceutical, wastewater, chemical and energy industries.

Investment fund BlackPeak Capital on Thursday announced that it completed the final financing round of Southeast Europe Growth Equity Fund in the amount of EUR126 million, overshooting the initial target of EUR120 million.

Romania recorded EUR6.2 billion in e-commerce sales last year, which is about half the level achieved by retailers in Eastern Europe, estimated at EUR14 billion, according to the European E-Commerce Report 2022 published by Ecommerce Europe and EuroCommerce.

The IRCC, which is used by banks to calculate interest rates for new loans taken out starting with the spring of 2019, grew to 2.65% from 1.86% previously, in line with central bank data released on Thursday (June 30).

OMV Petrom, the largest integrated energy company in South-Eastern Europe, on Thursday (June 30) published the Sustainability Report for 2021.

The biggest art event in Romania is here to stay until August 7, in a brand new format, with diverse experiences meant to immerse visitors in artists’ universe and offer more context. From themed guided tours by day (in Romanian, English and French) to Night Tours with live music and prosecco, choose one that best […]

ROCA Industry, a holding company set up by ROCA Investments as Holdingorck1 with the Trade Register, announced that on June 29 Liviu Stoleru resigned from the position of Chief Executive Officer of the company and member of the Board of Directors, with immediate effect.

In partnership with Veranda Mall, Cărturești is launching #Parking Bookmarks, a unique bookstore campaign to promote reading by transforming the shopping mall’s underground parking lot signage into discount vouchers for books.   Until August 2nd, the underground parking spaces from Veranda Mall look different. On each pole, the usual landmarks have been replaced with book […]

Technology startup investment platform SeedBlink launches a secondary market where investors can trade with each other the assets they hold.

Outsourcing is one of the recent trends in the business world. It’s a practice of finding external experts to provide specific business services rather than working with internal or permanent employees. All signs show that business owners will continue outsourcing services for the foreseeable future. You may also consider joining the ship to grow your […]

Trading in the forex market can be quite challenging. Yet with the growing inclination towards this market, the brokers have made it quite easy for the traders. If you are selecting the right brokerage platform, your trading journey is going to remain smooth.   Often selecting the right broker can be quite stressful. The reason […]

Trading stocks, currency or commodities is not all golden. It is associated with great risks and uncertainties like the invasion of Ukraine and the increment of interest rate by the Central Banks.   In this case, you have to be a smart trader by paying close attention to macroeconomics and international events. This will keep […]

The Salesforce integration architect Designers are capable to perform their duties according to the organization’s requirements. However, they can manage assessment, design architect reviews, and gap analysis. The duties of an integration architect Designer consist of descriptions, maintaining and creating formal data structures, and architectures. For developing the data design, they are required to identify […]

Because of cyberattacks, many businesses across the world continue to lose millions of dollars every year. This is why businesses need to strategize and implement a functional and compelling cybersecurity plan.   But the problem is that cyberattacks are continuously evolving as technology does. That’s why even the most powerful cybersecurity solutions sometimes fail. If […]

The process of digital transformation involves every part of the business. It results in changes to the way a business is run, and not a single department or individual is exempt from these changes. It calls for individuals who have both considerable experience and specialized knowledge. Many times, the transformation project is doomed before it […]

It’s no secret that technology plays a critical role in this modern business world. The modernization of information technology (IT) infrastructure has helped generate innovative solutions that allow small enterprises to unleash their full potential.    In this article, we’ve enumerated ways technology can make your business more effective and productive.    Helps Automate And […]

The value of the global M&A market fell by 20% to USD2 trillion in the first half of 2022 compared to the same period in 2021 and is likely to fall further as economic repercussions are reflected in global markets, according to PwC’s “Global M&A Industry Trends: 2022 Mid-Year Update” report.

Many business organizations put time and effort into upgrading computers and mobile devices for file and data management and improved communications. But when it comes to phone systems, some wait years to update it. Your business phone system is more important than you think as it also has a vital role to play in the […]