Romania Feed

Romania is among the countries were cement sales dropped last year for Germany;s group HeidelbergCement, while in northern European countries sales went up, shows the group’s 2021 financial report.

EMI, a company specialized in integrated solutions and services for industrial access, will invest up to EUR15 million in 2022 for the two acquisitions on the Belgian market and to strengthen production activities in Romania, explained Jerome France, CEO and founder of EMI International.

IFRS means a better, truer and more complete view of financial reporting. But the transition is a complex and resource-intensive process.

Lender Banca Comerciala Romana (BCR) has launched a new issuance of bonds denominated in Romanian lei and worth RON351.5 million, thus continuing the strategy of expanding financing sources.

ING Bank Romania on Thursday announced that Lucica Pitulice would take over the position of Chief Financial Officer (CFO), starting with Friday, April 1, 2022

Carrefour Romania is developing a test project in partnership with startup company AiSA (Artificial Intelligence Space Analytics), a participant the retailer has mentored during last year’s edition of Innovation Labs, the renowned acceleration program for technical newly established businesses.

Fast moving consumer goods (FMCG) distributor Aquila Part Prod (AQ.RO) announces the inauguration of its first solar park following an own investment of over EUR100,000 that is to be amortized in the next four years.

Italian truck, bus and engine maker Iveco group signed a memorandum of understanding (MoU) with Enel X to develop electric mobility for commercial vehicles in Europe.

Impetum Group launched Agista, the first investment fund in Romania focused on AeRO, helping local SMEs to get listed on the stock market, financing and accelerating their increase through the capital market.   Agista sets out with a €25 million capitalization, nearly half of the entire capital raised by the AeRO market companies in 2021, […]

Low-cost airliner Wizz Air announces three new routes from Cluj-Napoca (north-western Romania) to Corfu in Greece and Naples and Turin in Italy and it also increases flight frequency for ten other routes.

Carrefour Romania is developing a test project in partnership with the start-up AiSA (Artificial Intelligence Space Analytics), a participant the retailer has mentored during last year’s edition of Innovation Labs, the renowned acceleration program for technical newly established businesses.   The Customer Engagement Module solution, developed by AiSA and defined under the coordination of Carrefour […]

Skanska’s office development division in Romania obtains a new WELL Health & Safety Rating certification, this time accorded for its own office located in the Equilibrium 1 building.   The dynamics of Skanska’s office space and the active involvement of employees in maintaining the WELL culture are just as equally important as the solutions and […]

Secret Project is extending its roots on European soil once again, as it is proud to present Pula Music Week, coming to the old city of Pula, Croatia this summer.   From 30 June – 6 July, some of the world’s finest house and techno DJs are set to arrive along the Adriatic Coast for 7 days of exclusive […]

Impetum Group has launched Agista, the first investment fund in Romania focused on the AeRO market, helping local SMEs to get listed on the stock market, financing and accelerating their increase through the capital market.

Hidroelectrica shareholders approved the start of the listing process of the 19.9% held by Fondul Proprietatea (FP.RO) in the electricity generation company on the Bucharest Stock Exchange in the general meeting on Thursday, March 31, done via a secondary public offering.

The IRCC, the loan reference index published quarterly by Romania’s central bank, has increased to 1.86% from 1.17%.

The 7th edition of BR’s Working Romania comes to a close, after more than 4 hours of exploring the trends, challenges, opportunities of the Romanian workforce market in 2022 and beyond, while gaining valuable insights into the new ways of working and drawing inspiration from the best professionals in the business! Thank you all for joining the event, […]

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, kept the upward trend of the past weeks and grew to 4.60% a year on Thursday (March 31, 2022) from 4.59% a year on Wednesday (March 30), in line with central bank data.

Golden Foods Snacks SA, which owns the ELMAS brand of seeds, nuts and dehydrated fruits, has signed a partnership with PepsiCo Romania which becomes distributor of Elmas products, for different types of sunflower seeds such as black, stripped and white, pumpkin seeds, peanuts, pistachio, cashew and almonds.

The European Bank for Reconstruction and Development (EBRD) said in an analysis on Thursday that it expects Romania’s economy to grow by 2.8% in 2022, lowering its November forecast that pointed to 4.4% GDP growth.