Romania Feed

If you want to grow your Instagram audience in a limited time then IGInstant is one of the most reliable websites. In recent times social media like Instagram and Facebook have become a platform to promote businesses.   A lot of startups and upcoming businesses see Instagram as a lucrative platform to gather an audience. […]

Following the winning of the creative pitch organized by Maspex, DDB Romania launches the new communication of the premium water brand Alcalia. Just as the best insights come from pure truths, so did the inspiration for the new campaign that came directly from the product, specifically the depth from which this alkaline water (1200 meters) […]

Freshful, an online hypermarket recently added to eMAG’s e-commerce platform group, has exceeded the threshold of 30.000 unique customers in the first six months of operations.

Living Rock, the only alternative music festival by the sea, will take place on the weekend of August 19-21, on Tuzla beach. Unlike the first two editions, when Romanian artists were the headliners, this year, the Belgian indie pop/rock band Balthazar will also perform on the stage beside the Black Sea.   The Belgians will […]

Romania’s new offshore law has been submitted to the Parliament on Friday, Energy Minister Virgil Popescu said.

Antibiotice (ATB), one of the most important Romanian generic drug producers, celebrates 25 years since its listing on the Bucharest Stock Exchange (BVB). The company’s shares have been trading on the Stock Exchange since April 16, 1997, under the ticker symbol ATB, in the Premium category.

Lender OTP Bank Romania is launching a new funding solution for the local agribusiness sector, named “Ceiling for financing agricultural crops.”

Fitch Ratings has downgraded Garanti Bank S.A.’s (GBR) Shareholder Support Rating (SSR) to ‘b’ from ‘b+’ and the GBR’s Long-Term Issuer Default Rating (IDR) was affirmed at ‘BB-‘ with Stable Outlook and Viability Rating (VR) at ‘bb-‘.

Romania’s largest electricity producer and the largest state-owned company is valued at RON50 billion (EUR10 billion) by the minority shareholder Fondul Proprietatea (FP.RO) in its latest valuation report (March) published on the Bucharest Stock Exchange on Friday.

Gral Medical Group, held by entrepreneur Robert Serban, plans to open a new oncology hospital in Prahova County, as well as new laboratories, and the total investment budget for 2022 stands at EUR10-15 million.

Deloitte Romania assisted Romgaz, the largest natural gas producer in Romania, owned 70% by the Romanian state, in obtaining the 325 million euros loan from Raiffeisen Bank.   The loan will be used to partially finance the takeover of Exxon Mobile Exploration and Production Romania Limited (EMEPRL) shares, which account for 50% of the Neptun […]

Somfy Romania, the world leader shading automation for homes and buildings, but also a key player in the smart home industry, announces a 29% increase in business in 2021, driven by very accelerated sales and the strong trend of home and building automation, both indoors and outdoors.   The growth rate of Somfy connected products […]

Degethal, the financial and investment solutions fintech, has entered into a Strategic Partnership for the development of the company’s image and brand marketing strategy, locally and globally, with Heraldist & Wondermarks, a leading company in the field in Cluj.   Fintech Degethal is preparing to offer users a unique digital platform in Romania and Europe, […]

Deloitte Romania assisted Romanian natural gas producer and supplier Romgaz (SNG.RO) in obtaining the EUR325 million loan facility from lender Raiffeisen Bank.

Softbinator Technologies (CODE.RO), a Romanian software developer specializing in designing, developing and launching innovative products, has published its 2021 report and kept the budget estimates for 2022 as in the listing memorandum – RON26.7 million revenue and RON5.4 million net profit.

Romania’s Finance Ministry reopened a bond issue due in July 2029 and raised RON579.4 million from banks on Thursday, above the planned level of RON300 million, at an annual yield of 6.68%.

IT company Betfair Romania Development, based in the city of Cluj-Napoca, continues its growth plans on the local market, aiming to expand its team by 50% by the end of 2023 to reach the threshold of 1,500 employees who develop the global products of the Flutter Entertainment Group, which includes Betfair Romania Development.

MERO, a Romanian application for beauty salon appointments, on Thursday announced the acquisition of Logbox, a management system for beauty salons in Romania.

German-owned discount store chain Penny on Thursday said it ended 2021 with a turnover of RON5.39 billion, up 14% from 2020, and a net profit of RON123 million, up 44.8% on the year.

Austrian real estate developer S Immo said in a statement on Thursday that it reached an agreement to acquire the office project Expo Business Park in northern Bucharest from Portland Trust.