Romania Feed

From the end of February 2020, when the first case of coronavirus was recorded in Romania, and until the end of February 2022, the Romanian capital market increased by 55% when looking at the BET-TR index, which includes dividends, and by 39% when taking into account the BET index, as per a stock market report.

Brick Romania, a local DIY and home improvement retailer of Constanta, will open the fifth store of the network next week, in Satu Mare, with this being the first project carried out in western Romania, in the wake of a EUR4 million investment.

Passenger car registrations rose by 39.5% in the first two months of 2022 against 2021, according to data from Automotive Manufacturers and Importers Association (APIA). EVs posted an 84.9% increase, holding a 17.4% market share.

Antrepreneur Adrian Badescu, owner of Medici’s clinics of Timispara, expects the hospital he’s building in the center of Timisoara to treat the first patients in mid-2023.

eMAG, the largest online retailer in Romania, has started construction of a more than 100,000-square-meter logistics center in Hungary, where it merged with Extreme Digital in 2019.

In the fourth quarter of 2021, seasonally adjusted GDP increased by 0.3% in the euro area and by 0.4% in the EU, compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union.

Modern materials are being used more and more in furniture and office design. From plastic to metal to glass, these materials can add a touch of sophistication or fun to any space. Here are four great ways to use modern materials in your next furniture or office project!   1. Plastic Plastic is a versatile […]

The IT industry in Romania has experienced an impressive development, especially in recent years, with more and more professionals working in this field. Anyone who wants to work in this field can be hired by an IT company, can conclude a collaboration agreement, or even start an IT business in Romania.   The first step […]

Businesses can no longer afford slow-running web pages, faulty functionalities in their mobile apps, and service outages in our digitally-driven world. That’s why modern web development targets all these problems, and Google maintained Angular is one of the most trusted choices. With its efficient problem-solving approaches, Angular removes the extra code that developers usually have […]

Romania's finance ministry on Thursday (March 10) raised RON817 million (EUR165.3 million), selling treasury bills and bonds maturing in April 2022 and July 2029, at annual average yields of 4.38% and 6.49%, respectively.

An analysis of the digital marketing industry conducted by the Romanian company ProductLead for 2021 shows that the segment of content creators is constantly growing in the Romanian market. ProductLead is the first Romanian company to enter the influencer marketing industry with an innovative SaaS (software as a service) platform; as a result, brands can […]

Romania’s Competition Council has started an inquiry into fuel price hikes, saying it is monitoring the fuel market and arguing that prices has increased too much unreasonably.

Visual Fan (ALW.RO), a company listed on the Bucharest Stock Exchange and owner of the Allview brand, on Thursday said it ended 2021 with a net profit of RON8.5 million, up over 20% from 2020, and a turnover of over RON121 million, up nearly 17% on the year.

The Romanian Government has approved a series of derogations from the immigration legislation in order to allow Ukrainian citizens to work in Romania without the need to obtain a work permit and a long-stay visa.

TEILOR, the chain of luxury jewelry stores present across the CEE region, has appointed Roxana Achim as Head of Design & Project Management, on a group level.

Promateris (PPLRO), a Romanian industrial group and leader in Central and Eastern Europe (CEE) region in producing biodegradable and compostable packaging, estimates for 2022 revenues of RON236.1 million (EUR47.7 million), EBITDA of RON36.2 million (EUR7.3 million) and a net profit of RON21.5 million (EUR4.3 million), in line with a stock market report.

The European Investment Bank (EIB) Group provided EUR907 million in 2021 for new investments across Romania.

Aquila (AQ.RO), the largest player on the consumer goods distribution market with over 26 years of experience, has been included in the main index BET and in BET-TR, the total return version of BET, the Bucharest Stock Exchange announced on Thursday.

Net investments in the Romanian economy grew 2.1% in 2021 compared with 2020, to RON120.148 billion, data from the country's statistics board showed Thursday.

The Romanian Government has approved a series of derogations from the immigration legislation, in order to allow Ukrainian citizens to work in Romania without the need to obtain a work permit and a long-stay visa. According to the Government Emergency Ordinance no. 20 (GEO 20), adopted on March 8, 2022, all Ukrainian citizens who will […]