Romania Feed

Farmaceutica Remedia, a major player on Romania’s pharma market, generated RON472.8 million revenues, up over 7% from the previous year, with the drug distribution unit as the main business driver.

Laurentiu Ciocirlan, managing partner of investment fund EquiLiant Capital created by Paval brothers, the owners of Dedeman, Romania’s most powerful entrepreneurial business, states the fund wants to reach a number of six-seven companies in its investment portfolio.

Belgium’s logistic developer WDP is building a warehouse in Timisoara for an Austrian company that has recently arrived in Romania, Bulung, in line with the group’s latest report.

Lithuania’s Apex Alliance group, controlled by several Lithuanian entrepreneurs, owning five hotels in Romania, posted 20-25% higher turnover in February and March along the entire chain from the same period of last year, according to the company’s officials.

In our modern world, in order to build a successful business, it is very important to follow all the innovations in the market. Of course, the NFT field attracts more and more investors every day! Moreover, the new digital NFT marketplace appears almost every week. In this article, we will look and understand the uniqueness […]

One of the most revolutionary innovations in history was the CONEX box. Since then, the box has transformed the transportation and logistics business. The boxes were the forerunners of today’s Intermodal or ISO containers.   Before the invention of dependable shipping containers, exporting and importing goods across borders and retail nations (particularly internationally) was prohibitively […]

As someone owning an electric co-op, small-scale utility & renewable energy asset, you are in-charge in managing them to ensure the smooth flow of your processes. You will be responsible for maintaining hundreds of high voltage power lines, substations, and other critical equipment. It must always be a grueling week—you had to deal with an […]

When you venture into the world of business, it’s an exciting prospect. With complete creative ownership and control over the direction your business takes, the future is thrilling. However, starting a small business is no mean feat. With so many intricate details to consider, it’s often hard to keep on top of the workload. Plus, […]

ROCA Investments reached a valuation of RON247.5 million (over EUR50 million) this year, more than double the value in 2018, RON102 million.

This year’s leader in the ranking of most valuable Romanian brands is eMAG, valued at EUR1.02 billion, an increase of 29%. It beat Dacia for the first time, which dropped 28% to EUR815 million, shows the latest report of Brand Finance, a global independent brand valuation and strategy firm.

Nestor Nestor Diculescu Kingston Petersen (NNDKP) won the “Romania Law Firm of the Year” award at the Chambers Europe Awards gala, a hallmark event organized on April 22, 2022 by Chambers and Partners, one of the most prestigious directories dedicated to the legal services market.   This is the 6th time NNDKP has received this […]

UiPath, the most valuable startup to come from Romania, which has been on the New York Stock Exchange for more than a year, on Wednesday afternoon announced the appointment of Robert Enslin as co-CEO starting May 16.

Romania’s general consolidated budget increased by 7% to RON15.7 billion in the first three months of 2022 compared with the year-ago period, the Finance Ministry announced on Wednesday.

More than half (54%) of local companies are planning to reduce carbon emissions, according to the latest edition of the Deloitte CFO Survey Romania, conducted among over 100 CFOs based in Romania. Almost a quarter of the respondents (24%) stated their companies planned to reduce own emissions by 50% or more, whilst 16% planned to […]

Real estate developer, Element Industrial, announces a new investment of 20 million euros, for extending another 30,000 square meters of the ELI Park 3.   Ferro Romania, the local division of the Polish Ferro group, which sells sanitary installation equipment, has pre-leased an area of 16,000 sqm. The pre-lease transaction was brokered by ESOP agency. […]

One United Properties (BVB: ONE), the leading green developer of residential, mixed-use, and office real estate in Romania, convened a General Meeting of Shareholders (GMS).   During the GMS, the shareholders approved, among other items, the distribution of the second tranche of the dividends, share capital increase with cash contributions or the issuance of convertible bonds, […]

Campus 6.2, the second phase of the Campus 6 project developed by Skanska in the Iuliu Maniu area, achieves the WELL Core & Shell certification at a Gold level.   The project thus becomes the second office building in Romania to hold all three prestigious WELL C&S Gold, LEED Platinum, and WELL Health-Safety Rating certifications, […]

2,072,469 €: This is how much BASF employees donated to the BASF Stiftung (BASF Foundation) as part of the company-wide initiative #ColleaguesForUkraine – by far the highest result of an employee donation campaign in BASF’s history.   The company will double the amount. This means that a total of more than €4.1 million will benefit […]

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, rose to 4.79% a year on Wednesday (April 27) from 4.76% on Tuesday (April 26), central bank data show.

Private lending in March expanded by 15.7% from the year-earlier period, to RON336.1 billion, after local currency lending increased by 20% and foreign currency lending by 5.6% when expressed in lei, central bank data showed on Wednesday.