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Gucci boutique of Bucharest has been shut down “in glory” after turnover neared RON21 million in 2021, slightly up from RON20.7 million in 2020. This is the best result since opening.

An Altseason infers that crypto markets are seeing a deluge of new financial backers in the crypto space. By and large, this has happened when bitcoin has encountered its unsurpassed highs. Whenever the publicity around bitcoin develops, droves of individuals of the “fear of missing out” or FOMO into the space, searching for potential chances […]

The moves that will be referenced in this post will assist you with holding up out and possibly even advantage of a bear market. Bear markets are additionally a decent suggestion to deal with how much gambling we take. That implies just putting away cash you can bear to lose, so you’re never compelled to […]

Starting a business in a trade is an exciting move to make – and one that an increasing number of people are making in 2022. But starting a business incurs a number of start-up costs, which are ultimately crucial to your operation and long-term success.   One of the bigger up-front investments you will have […]

Given Instagram has a user base of more than a billion people each month, businesses are very eager to gain a foothold on the platform. Opening an Instagram account may only take a few minutes, but building up a large following is a time-consuming and frustrating process. Businesses or influencers who are struggling to elevate […]

Are you looking for ways to manage your investments more effectively? If so, you’re in luck! In this blog post, we will discuss three simple steps that will help you make the most of your money. Whether you’re a seasoned investor or just starting out, these tips will help you stay on top of your […]

When we hear about streamlining business processes, we often think it means making any process related to the business more efficient. Although this notion is not wrong per se, it doesn’t actually describe what ‘streamlining a process’ actually means. What are we doing when we try to streamline the different workflows of our company? Essentially, […]

Recent crisis have taught HR departments that people’s needs may change unexpectedly and that everybody must be able to adapt. The second panel of Business Review’s Working Romania HR Conference was titled New Ways of Working: Get Inspired by the Best. The debate focused on the ways companies can adapt to situations like the pandemic […]

The Romanian labour market will be influenced this year by several unprecedented factors, according to industry experts, the most obvious and pressing one being the massive influx of Ukrainian citizens caused by the armed conflict in their home country. This topic, and many others, were discussed in detail by business leaders and HR specialists during […]

Attending Business Review’s recent Working Romania HR Conference, Labour and Social Protection minister Marius Budai received a number of interesting questions from both the BR editorial team and the live audience. Unsurprisingly, most of these questions were related to the pressing issues of the day—the war in Ukraine and the resulting refugee crisis—which represent major […]

Resource Partners signed an agreement to sell its holding in World Class Romania to African Industries Group for an undisclosed sum.   On April 15th 2022, Vectr Fitness (part of African Industries Group, a group of privately held companies), and Resource Partners, the majority shareholder of World Class Romania, announced the execution of a transaction […]

KeysFin analysts expect food retail sales in Romania to exceed the RON142 billion threshold in 2021, due to increased demand and to elevated inflationary pressures.

African Industries Group (AIG) has acquired control of fitness center network World Class Romania via Vectr Fitness, which means Poland’s Resource Partners exited the business.

Romanian startup Bunnyshell, the Environment-as-a-Service (EaaS) platform, on Thursday said it had raised $4M in additional funding.

Romania's nuclear power producer Nuclearelectrica (SNN.RO) launches the corporate social responsibility (CSR) platform “Nucleus of care”, which follows the strategic directions and the company’s vision to build a sustainable future for the next generation by producing clean energy at excellent standards and through the socio-economic impact it has in Romania.

The shareholders of Romanian energy supply and distribution company Electrica Group (EL.RO) approved at their ordinary general meeting on April 20 the distribution of dividends in the amount of RON152.8 million for the financial year 2021, in line with a stock market report.

The European Bank for Reconstruction and Development (EBRD) announced that it was continuing its partnership with Startup Wise Guys (SWG), one of the leading startup accelerators in Europe, with the launch of a new programme named “Fintech 5”.

Austrian property developer Immofinanz reported revenues of EUR48.8 million at the end of financial year 2021 from renting its office and retail properties in Romania.

Advances in technology have brought many benefits. One of the most outstanding is the ability to make houses smart. This has, in a sense, reduced your home’s reliability to you and somehow allowed it to “think” for itself while still giving you control in a luxurious, efficient and comfortable manner.   Technology is getting more […]

2021 was another chaotic year. One week, restaurants were open and celebratory pints were guzzled with gusto, the next we were facing yet another lockdown. Spending more time at home and having nowhere to go, many Brits jumped on the home improvement wagon. As a result, 2021 saw an onslaught of demand for tradespeople.    […]