Romania Feed

CER Cleaning Equipment in Arges County, the company that Germany’s Kärcher uses for its Romanian manufacturing operations of, posted RON575 million revenue in Romania in 2021, an increase of 54% on the previous year. The revenue almost doubled compared with 2019.

Romania's finance ministry raised RON517 million on Monday (May 9), above the planned level of RON300 million, selling bonds maturing in 2032, at an annual average yield of 7.92%.

The 8th edition of Black Sea Defense and Aerospace – BSDA 2022, the largest exhibition of military, aeronautical and security equipment in Eastern Europe, will take place between May 18 and May 20 in Bucharest, at Romaero Băneasa. The event brings together prestigious Romanian and foreign companies, that will present their products and services to […]

Many people buy and sell Bitcoin for profits and many businesses use it as a payment option to make payments more flexible and easier for customers. Blockchain technology and the correct scope of anonymous scope is one of the main reasons why Bitcoin transactions are very popular.   The main benefit of using bitcoin in […]

As part of Mission Aigle (Eagle), France has deployed in Romania 500 personnel from the 27e Bataillon de Chasseurs Alpins (27th Alpine Hunters Battalion) from Annecy, the 126e Régiment d’Infanterie (126th Infantry Regiment) from Brive-la-Gaillarde, the 4e Régiment de Chasseurs (4th Chasseurs) from Gap and the 93e Régiment d’Artillerie de Montagne (93rd Mountain Artillery Regiment) […]

Cluj-based Clever++, which developed ecommerce platforms Magento and Shopware, has concluded a partnership with digital marketing agency Gun Media to provide online sales solutions for medium and large companies.

Back when it was released to the public in 2009, Cryptocurrency, especially Bitcoin, was considered nothing more than just an intriguing phenomenon. Despite futurists and technicians foreseeing the potential cryptocurrency holds in the future, it wasn’t drawing much attention or interest as an investment in general.   As the years pass by, hundreds of more […]

The Romanian subsidiary of the European IT group Cegeka ended 2021 with growth of 18% in revenue and expects growth of 28% for 2021. It also plans to hire at least 200 people in Romania and 75 in the Republic of Moldova, the company said.

A bear market rally alludes to an ascent in crypto costs after the dive into a bear market. However, one that is only a transitory ascent before new lows. A bear market is characterised by a delayed drop in venture costs, by and large when costs fall by 20% or more from their latest high.  […]

HiSky started the operation of flights from the company’s new hub, Otopeni Airport in Bucharest.   Passengers from the capital city will be able to travel with HiSky to Timisoara and Cluj but also one of the sought-after tourist destinations, Israel – Tel Aviv. At the same time, during the summer, the company will operate […]

A premiere for the Transylvanian region, DP World invests USD 15 million in an intermodal terminal in Aiud, as the logistics company aims to transform the way goods are transported from Romania to the rest of the world.   The launch of the intermodal terminal in Aiud was marked through a press conference at which local […]

The new economic context and the increase in the cost of utilities have resulted in a 10-15% increase in the demand for air conditioning equipment for the residential sector. The market for air conditioning equipment for the residential segment continues to grow by about 10% annually since the beginning of the pandemic. In 2021 the residential […]

The European IT group Cegeka continues to grow year after year. Based in Hasselt, Belgium, the tech group, closed the 2021 financial year with a consolidated turnover of EUR 744 million: this is a 16 percent increase over the previous year. 2021 was another year of continuous growth, innovation, and investment for Cegeka, and these […]

The turnover of recycling companies in Romania could reach RON13 billion (EUR2.6 billion) in 2022, which would translate into an increase of 2.36% compared to 2021, in line with an analysis released by KeysFin.

Dent Estet Group, part of the MedLife Medical System, ended 2021 a turnover of RON107.6 million, a 60% increase compared to RON67.1 million in 2020, according to data provided by company representatives.

Football fans from everywhere can now digitally equip their favorite athletes with a new and special kit created in our country for the EA SPORTS FIFA 22 global community.    MullenLowe Romania  designed for EA SPORTS FIFA 22 a football kit inspired by Romanian traditional masks and folklore symbols. The launch is part of EA SPORTS’ continued […]

Romania's state-owned postal operator Posta Romana (CNPR) and Auchan Retail Romania concluded a partnership to sell food and non-food products within post offices across the country.

Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, extends its lease contract for an additional office space of 1,000 square meters within the Globalworth Tower in capita city Bucharest.

Turbomecanica (TBM.RO), Romania’s only maker of turbojet parts and mechanical assemblies for aircraft, had a turnover of RON25.47 million in the first quarter of 2022, up 16.8% from the year-earlier period, in line with calculations by Ziarul Financiar (ZF) daily based on a stock market report.

Tire and inner tube distributor Nexxon, headquartered in Targu Secuiesc (Covasna County), forecasts a 30% higher turnover in 2022 compared to 2021 when it reported a turnover of RON193.2 million (over EUR39 million).