Romania Feed

Romanian CEOs’ optimism about the country’s economic growth has faded since the outbreak of the war in Ukraine, according to the revised April edition of the CEO Survey 2022 conducted by PwC Romania.

Nuclearelectrica (SNN.OR), Romania’s sole nuclear energy producer, informed its shareholders on Thursday (May 12) that it placed with Banca Romaneasca a term deposit without extension in the amount of RON60 million, on May 11.

Allianz Group, present on the Romanian market through insurance company Allianz-Tiriac, on Thursday said it ended the first three months of 2022 with total revenues of EUR44 billion, up 6.2% on the year, in line with data from Allianz representatives.

Real estate developer Hagag Development Europe, part of Hagag Group of Israel, on Thursday announced a new upper-premium residential project in capital city Bucharest - H Primaverii 1, and the investment is estimated at over EUR20 million.

Softbinator Technologies (stock symbol CODE), a Romanian software development company specializing in the design, development and market launch of innovative products, has chosen the Opera Center One building, part of the CA Immo portfolio, to be its new employee-friendly workspace as part of its strategy to strengthen its position as a leading employer.   Softbinator […]

Softbinator Technologies, a Romanian software developer specializing in designing, developing and launching innovative products on the market, has leased almost 1,000 square meters of office space within Bucharest-based Opera Center One building in the portfolio of Austrian real estate developer CA Immo.

Autonom Ventures, founded by Dan and Marius Ștefan, grants a new round of investment to Kané Group, joining the existing investors: tech entrepreneur Ciprian Morar (founder of Lateral Inc.), Andrei Pitiș (founder of Simple Capital) and Mihaela Mitroi (one of the best tax experts in Romania).   Founded by Răzvan Crișan and David Maguet in […]

Pehart Group, the largest converter of paper products for household and industrial use in Romania, but also in South-Eastern Europe, has launched in April two new line of premium two- and three-layer facial napkins for Pufina and Alint brands.   Produced on a fully automated line, from the first to the last production process, the […]

Global technical services provider, ddroidd, has appointed Petroniu Marza as Delivery Unit Manager to oversee, develop and grow its Cluj-Napoca office.   Petroniu, who has more than 20 years’ experience across technical project management, engineering, training and development, will be responsible for overseeing the quality, delivery and growth of the Cluj team. ddroidd employs 130 […]

SN Nuclearelectrica SA launches the social responsibility platform “Nucleus of care”, which follows the strategic directions and the company’s vision to build a sustainable future for the next generation, both by producing clean energy at excellent standards and by the socio-economic impact it has in Romania.   Nuclearelectrica, the only producer of nuclear energy in […]

Real estate developer Hagag Development Europe adds new residential project to its local portfolio: H Primaverii 1. The investment value is estimated to over EUR 20 MLN.   Currently in design phase, H Primaverii 1 will rise above a 1,360 square metres plot of land and showcase, once completed, more than 4,000 square metres GBA […]

Philip Morris International (PMI) and Strategic Thinking Group have published the study “The Economic Impact of Philip Morris International in Romania – Philip Morris International’s Contribution to Value Creation and Sustainable Development in Romania”.   The study analyzed the evolution of the main indicators related to the company’s activity in the period 2016-2020. In 2020, […]

bim.GROUP has been operating as a general design office on the Hungarian and international market for more than 30 years and accounted for a revenue of EUR 8 million in 2021.   bim.GROUP is an independent designer office with activities and expertise in all major engineering disciplines. The office operates in general design (conceptual design, […]

Romania’s central bank has revised upwards its annual inflation rate forecast to 12.5% for the end of 2022 and to 6.7% for the end of 2023, the bank’s governor Mugur Isarescu told a news conference presenting the latest inflation report on Thursday (May 12).

The number of new investments announced in the agribusiness grew by 75% in the first four months of 2022 compared to the same period in 2021, with the total value of projects reaching EUR300 million, according to an analysis by IBC Focus.

Romanian oil storage and shipment firm Oil Terminal Constanta (OIL.RO) on Thursday reported a net profit of RON11.5 million for the first quarter of 2022, up 81% from the year-earlier period, in line with calculations by Ziarul Financiar (ZF) daily based on data from the stock market report.

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, has increased to 5.44% a year on Thursday (May 12) from 5.37% a year on Wednesday (May 11), as per central bank data.

Romanian CEOs’ optimism about the country’s economic growth has faded since the outbreak of the war in Ukraine, according to the revised April edition of the CEO Survey 2022 conducted by PwC Romania.

The average net salary in Romania increased by 5.8% in nominal terms in March 2022 compared with February 2022, to 3,937 lei (EUR797), data from the country's statistics board INS showed Thursday.

The Association of Business Service Leaders in Romania (ABSL) conducted a study in February-April on the post-pandemic working methods adopted by companies in the industry, for the period 2022-2023. 49% of the companies surveyed stated that the biggest post-pandemic challenges are related to employee engagement and motivation, as well as finding ways to get them to […]