Romania Feed

InteRo Property Development, a company held by the Topolinski Family of Canadian investors, plans to invest EUR54 million in two residential projects in northern Bucharest.

Inetum Romania, part of the French group of the same name, plans to expand its team and is looking to recruit 300 specialists in the country, the company said in a press release.

Cybersecurity solutions producer Bitdefender has invested over EUR50,000 in upgrading a computer lab for the students of the Faculty of Automation Control and Computer Science within the Polytechnic University of Bucharest.

Liliac and Castel Mimi wineries are launching a new wine collection, Tandem, which unites the efforts of two vineyards based in Romania and the Republic of Moldova.   The partnership between the two wineries is possible through a shared investment of 300.000 euros for the launch of the new wine collection. Liliac and Castel Mimi […]

Renault will unveil as a World Premiere its new concept-car at ChangeNOW 2022, on May 19th, 2022, at 10:00 am (Bucharest time).   This vehicle is a unique concept-car embodying the group’s sustainable development vision and commitments, and was firstly announced on February 18th, 2022, by Luca de Meo, CEO of Renault Group and Renault […]

Hervis Sports & Fashion, the Austrian sporting goods retailer in Romania, reopened on Thursday, April 14th, at 10:00, the first store in Bucharest renovated according to the latest standards of the concern of which it is part.   The store is located in the Militari Shopping Shopping Center, Bd. Iuliu Maniu 560A Bucharest, has an […]

Sebastian Burduja, a member of Romania’s Parliament and entrepreneur, announced today a newNFT collection to support the reconstruction of Ukraine. 100% of funds raised will be redirected to the official accounts opened by the Ukrainian government for the reconstruction of the country destroyed by the Russian invasion.    The collection includes 9 different NFTs, each representing a martyr city in […]

Lender Banca Comerciala Romana (BCR) on Thursday announced the launch of the ADA chatbot, the virtual assistant that provides accurate and fast information for both retail and corporate activity.

The European Digital Commerce powered by VTEX event has become a milestone for the entire retail industry in the region, bringing together hundreds of specialists, dozens of speakers, and hours of premium content. On May 5th, get ready for a full day with incendiary debates, hands-on presentations, and quality networking. Everything you need to generate […]

If you intend to work for Kellogg Romania, it is good to know that you will be part of an inclusive environment, in which the health and emotional balance of the employees is essential, as the company becomes the first company in our country to offer paid days off for miscarriage or IVF treatments. By Romanita […]

Bonapp.eco, a mobile application that aims to combat waste by connecting consumers with retailers that sell food and beauty products which are close to their expiration date, has expanded to Cluj-Napoca (north-western Romania).

Arctic, the leader of the Romanian home appliance market, marks a milestone of two million washing machines produced at its Ulmi manufacturing plant, the first Industry 4.0 factory in Romania, where the second production line was recently put into operation.   Thus, the capacity of the unit will double, reaching 2.2 million appliances a year. […]

PAID (the Pool of Insurance against Natural Disasters) Romania will grant dividends worth RON11.6 million to its shareholders for 2021, even though its shareholders include four bankrupt companies, respectively Astra, Carpatica Asig, Certasig and City Insurance, in line with data from the company’s report for 2021.

After a public consultation period, the Guide for the Energy Component of the National Recovery and Resilience Plan was eventually approved by the Ministry of Energy under Order no. 282/30.03.2022. The Guide has clarified most of the unknowns of the draft previously circulated for public consultation; it should also be stated that it did incorporate some […]

MERO, the market leader in salon appointment management solutions announces the acquisition of Logbox, the most advanced resource management system for beauty salons in Romania.   MERO is the platform with the fastest growing volume of appointments, providing a platform to showcase and promote the industry’s specialists and suppliers. Following the transaction MERO becomes the […]

The 65th edition of the annual international exhibition World Press Photo can be visited this year between May and August.   Present for the 11th time in Romania, the exhibition will get  out of museums and will be exhibited to the public in the centers of eight major cities in the country: Bucharest, Timisoara, Cluj, […]

The number of companies listed on the regulated market of the Bucharest Stock Exchange, with at least one woman holding a Board position, has increased by almost 20% since 2015 to reach 62%, in line with the latest data available included in the “Women on Boards” report conducted by Deloitte Romania in collaboration with Professional Women’s Network Romania (PWNR).

At the beginning of April 2022, Poland’s software engineering company Spyrosoft Solutions opened a local office in Timisoara (western Romania), within the Vox Technology Park, where it leased 400 square meters of office space.

Half of the local financial-banking analysts expect Romania's annual inflation rate to range between 8% and 10% at the end of 2022 and 35% expect an inflation rate above 10%, as per a survey by the Association of Romanian Financial and Banking Analysts (AAFBR) regarding the economic impact of the war in Ukraine.

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, took a step back on Wednesday (April 13), going to 4.70% per year from 4.71% on Tuesday.