Romania Feed

Travel agency Accent Travel plans to exceed the EUR100 million sales volume threshold in 2022, as per data from company representatives.

Romania’s telecom market leader Orange saw its net profit grow almost six times faster than its revenue in 2021, data on the Finance Ministry website show.

Lara Tassan Zanin, Head of the EIB Group Representation in Romania, will join BR’s Rising Cities. Smart Future 2022 edition, on June 9 at the Courtyard by Marriott Bucharest Floreasca. Register here for the on-site event, and join Lara Tassan Zanin and other top speakers at the premier smart city event in Romania!   Join us on-site to claim 50% off […]

 The lifting of the Covid 19 restrictions is boosting tourism worldwide. In Romania the  arrivals of foreign visitors increased in April 2022 by 189% compared with last year, to almost a million people. Meanwhile the number of Romanians exiting the country increased 137% to 1.4 million people. Macro commentary by eToro analyst for Romania, Bogdan […]

Courier company Cargus is expanding its SHIP & GO national network, by adding two new partners: PayPoint and un-doi Centru de plăți, both having in total more than 30.000 locations nationally.   The partnership will help Cargus increase its Click & Collect network – by the end of this year, the company estimates it will […]

Alpha Bank Romania joins the four new governmental programs whose main priorities are to dynamize local production, support constructions, including the “green” area, to stimulate productivity and competitiveness in the agricultural field, and to support projects with innovative and digital components: IMM Prod, Garant Construct, Rural Invest and Innovation.   “We understand the challenges of […]

ENEVO Group moves its office within the AFI Lakeview owned by AFI EUROPE and located in the Floreasca-Barbu Vacarescu area in Bucharest, one of the main office hub in the country, in a transaction brokered by the real estate consulting company Cushman & Wakefield Echinox.   ENEVO Group of companies covers a diverse range of […]

Agroland Business System (BVB: AG), Romanian entrepreneurial retail, agriculture, and food group, which operates the largest network of agricultural stores in Romania, obtains non-reimbursable financing under the SME AGRI-FOOD program (working capital grants) launched by the Ministry of Entrepreneurship and Tourism.   The grant value is approximately 120,000 euros, and the capital raised will be […]

On the occasion of June 5th – World Environment Day, BAT Romania launches, as part of the „Choose Responsibly for a Clean City” platform a new campaign aimed at raising awareness that individual gestures can have a significant impact on the way our city looks and on the environment as a whole.   During the […]

Retail sales volume (excluding the trade with motor vehicles and motorcycles), in unadjusted data, grew by 3.7% in April 2022 versus April 2021 due to increases recorded by the retail of automotive fuel in specialized stores (+11.4%) and by the sale of non-food products (+5.6%).

The European Commission approved on Friday (June 3) state aid schemes for small and medium-sized enterprises (SMEs), respectively for the IMM PROD and GARANT CONSTRUCT programs.

The total lease volume on the Bucharest office market amounted to almost 65,000 square meters in the first quarter of 2022, similar to the level traded in the same period 2021, but higher by 10,000 sqm than in the first quarter of 2020, as per data from real estate consulting firm Crosspoint Real Estate.

A consortium made up of Raiffeisen Bank International, Raiffeisen Bank Romania and UniCredit Bank Romania has granted a syndicated loan of EUR65.2 million to Portugal’s Greenvolt-Energias Renováveis.

Global survey “Attitudes towards payment methods”, commissioned by eService and other EVO Group entities, shows that almost six in ten Romanians pay digitally due to ease of use and convenience.

Passenger car registrations in Romania declined by 9.9% in the first five months of 2022 to 182,920 units against the same period in 2021, according to data released by the Automotive Manufacturers and Importers Association (APIA) on Friday (June 3).

Aluminium aircraft parts manufacturer United Alloy Corporation Europe (UACE), ended 2021 with a turnover of RON411 million (EUR85 million) versus RON471 million (EUR97.8 million) in 2020, in line with public data from the finance ministry.

Romania’s energy ministry on Thursday published a draft government decision stipulating the sale to the employees of energy company OMV Petrom (SNP.RO) of a package of shares representing almost 1% of the company’s share capital that is held by the Romanian State, at a price of RON0.215 per share.

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There is a lot of confusion about the difference between cash loans and personal loans. Some people think that they are the same thing, while others believe that there are major differences between the two. In this blog post, we will explore the differences between these two types of loans and help you decide which […]

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