Romania Feed

French group Lagardère, present in Romania via Travel Retail, Lagardère Travel Retail, active in the travel retail sector, plans to open 30 new spaces in Romania by the end of this year, mainly focusing on proximity concepts and development in airport areas.

One of the oldest companies present on Romania’s IT market, Apcom IT Distribution, previously operating under the name of IRIS, which stands out on the market by being the sole authorized distributor of Apple gadgets in Romania, in 2021 joined the club of RON billionaires, after its turnover skyrocketed from RON16 million in 2020 to RON1.3 billion in 2021.

Albalact, the largest company in Romania’s dairy sector and part of Lactalis Romania group, in 2021 reached RON848.7 million turnover, up 11% year-on-year.

Four-star Nyota Hotel & Conference Center of Mamaia, with a capacity of 73 accommodation places, has budgeted 10% higher turnover for this year.

YouTube is a great place for anyone to find helpful tips and tricks for just about anything. And business is no exception. There are channels dedicated to helping entrepreneurs learn all aspects of the business from those looking to generate more sales, improve their marketing, be a better leader, or even how to hire the […]

The Internet of Things (IoT) is helping businesses to prosper. It creates a competitive advantage for the business and helps create new openings in businesses.    Present businesses are data-oriented, where each piece of information bears importance. One more thing that requires mention in this flow of analysis is data security. Blockchain Technology can be […]

If you can play smarter, you can mitigate the risk of Cryptocurrency. And if you just invest your money because your boss has also invested, you are actually gambling with your hard-earned money.   Cryptocurrency! There are some people who just want to walk aside when they hear this name. And there are also some […]

Did you know that Blockchain wasn’t even a term a decade ago? Yes, it all commenced with the idea of Cryptocurrency, and now it is one of the mainstream names in society. So, what is everyone talking about Blockchain revolutionizing many industries in 2022? Have some industries already started using Blockchain as a service? What are the different services […]

There is a thin difference when we discuss the industries in which Blockchain will revolutionize, and we talk about the industries in which Blockchain will disrupt.   The industries which we will be pointing out today are definitely industries that can benefit from Blockchain Technology. But, the reason why we use the disruption is that […]

As NFTs revolutionize the world with their innovative technology, many industries have seen how they have changed the industry completely. However, some of the biggest growth has come from the gaming sector.   NFTs in gaming have allowed gamers to participate in the Crypto industry. The sheer possibility has made gamers, and Crypto investors sink […]

Are you an investor on the brink of starting your Crypto journey? Are you confused about which Crypto wallets you should opt for? Are you spoilt for choice between tons of hardware wallets and even more software wallets? Well, that’s quite all right!   You have come to the right spot for the right information, because we are […]

Today, we are here to address a question that has been put to me a few times in the post-pandemic. Pandemic has shown how traditional assets fail under the crisis. And how digital assets soar under the belief of fire potential.   This has made Cryptocurrency a rising superstar in the investment industry. Pandemic has […]

When it comes to revolutionizing the digital industry, exchanges and Cryptocurrency wallets have their own individual roles. There are a number of companies that use both Crypto Exchanges and Crypto wallets.   And this creates confusion among individuals like you. Maybe you wonder which of them is safer? This is quite a natural question if […]

Are you looking to take long-term finance or short-term loans? Whatever it is, don’t apply before comparing loans. It’s possible that you don’t require a long duration of the loan repayment or vice versa.   The kind of amount you need also matters. Do you need a hefty amount like £40,000-£50,000? Or do you only […]

Meat industry company AAylex One expects RON1.3 billion revenue in 2022, 53% more than in 2021.

Romanian furniture manufacturer Iris Service Ciuc, held by entrepreneur Negru Petru, on Wednesday said it ended 2021 with a turnover of RON143.8 million (EUR29.2 million), up 48% from RON97.1 million (EUR20.1 million) in 2020, in line with finance ministry data.

Delaco Distribution, a company owned by French group Savencia Fromage & Dairy, posted RON445.7 million (EUR90.6 million) revenue in 2021, up 11% from RON401.3 million (about EUR83 million) of the previous year, data on the Finance Ministry website show.

Romania’s national guarantee fund for small and medium-sized businesses (FNGCIMM) on Wednesday said it had a net profit of RON34.5 million in the first quarter of 2022, up 7% on the year and 36% above the targeted level.

Romanian company Certion, which develops real estate projects in local seaside and mountain resorts, has inaugurated the Moussay Olimp Beach Club project in Olimp seaside resort, following an investment of over EUR500,000.

CTP Group, the largest owner, developer and manager of industrial and logistics space in Europe, has delivered a built-to-suit warehouse covering approximately 35,000 square meters for A&D Pharma – Dr.Max Group, the leading pharmacy chain in Central Eastern Europe.