Romania Feed

Holde Agri Invest, a Romanian company operating farmland, wants to grow from a 10,000-ha to a 30,000-ha farming area and plans to bolster its warehousing capacities to 40,000 tons, explained Robert Lisenche, an investment manager at the company.

MGID, a global native advertising platform, released an open letter to the advertising technology industry regarding the crisis in Ukraine, urging all players in this sector to “share objective and trusted coverage of the heartbreaking events taking place.” The war in Ukraine has threatened the safety of about 500 of MGID’s employees, the company also […]

OTP Bank Romania ended 2021 with RON58 million net profit, more than double the net profit of 2020. Operating profit shrank by 24% to RON123 million in 2021 compared with 2020, OTP Bank Romania officials said.

Zdenek Romanek has been officially approved by Romania’s central bank to become chairman and CEO of Raiffeisen Bank Romania.

The biggest live charity concert in Romania will take place on the 12 March at the National Arena, Bucharest in aid of those struggling amid the on-going crisis in neighbouring Ukraine. The upcoming event will be meticulously organized by the joint forces of SAGA Festival, PRO TV, KISS FM and the City Hall of Bucharest.   […]

The National Opera of Bucharest is holding under its emblematic architecture, some of the most impressive spectacles, with various forms of interpretation, such as: “PHOENIX. Între rugă și renaștere”, a foyer spectacle, “Lucia di Lammermoor” and “Elixirul dragostei” by Donizetti, and “Faust” by Gounod, opera spectacles, and “Tango. Radio & Juliet” by Edward Clug, a […]

Whether we care to admit it or not, a majority of people love watching various types of videos, shows, movies, and many other forms of online entertainment, especially now when we have Netflix, Amazon Prime, Hulu, and other streaming services.   But has it ever happened to you, even with YouTube that once you click […]

Rompetrol Rafinare (RRC.RO), member company of the KMG International Group (KMGI), will suspend the operational activity of the Petromidia Navodari refinery, between March 11 and April 3, for a scheduled technological turnaround, the company said in a stock market report.

The European Commission (EC) decided on Thursday, March 3, 2022, to introduce the temporary protection for the Ukrainian nationals. During the official press conference following the EC decision, on Friday (March 4), Romanian authorities confirmed that the mechanism will be applicable in Romania for those Ukrainian nationals who decide to remain in our country.

German giant Varta wants to produce batteries for electric cars in Romania and is willing to invest EUR1 billion, Roxana Mînzatu, Secretary of State in the Ministry of European Investments and Projects, said in a Facebook post on Friday.

The European Commission decided on Thursday, March 3, 2022, to introduce the temporary protection for the Ukrainian nationals. During the official press conference following the EC decision, on Friday, March 4, the representatives of the Romanian authorities confirmed that the mechanism will be applicable in Romania for those Ukrainian nationals who decide to remain in […]

Lithuania’s car sharing company Spark on Friday announced a partnership with automaker Dacia whereby it will add 100 new fully electric Dacia Spring vehicles to its fleet.

Healthtech startup SanoPass, which developed a platform that connects, digitalizes and integrates all preventive medical care services, has announced a new investment round whereby it seeks to raise EUR3 million, company officials said in a statement on Friday.

Uni Systems, which offers integrated solutions and IT (information technology) services, on Friday said it is providing assistance for relocation and opportunities for remote work for refugees from Ukraine, company officials said in a statement.

Labor market participation is seen as the most important factor that favors long-term integration into society. At present, Romania does not have a national strategy to support the transition of refugees to the labor market, but instead relies on NGOs and volunteers to provide specific and personalized employment services for refugees. By Sorina Faier, Elite […]

Rompetrol Downstream has entered into a partnership with Carrefour Romania for the implementation of a pilot project regarding the opening of Carrefour Express convenience shops in the hei area of Rompetrol gas stations. The pilot will take place in two stations, where customers will be able to choose from a varied portfolio of products suitable […]

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, has exceeded the 4% threshold on Friday (March 4, 2022) reaching 4.03% a year, the biggest level since May 2013, in line with central bank data.

The healthtech startup, founded in Romania in 2019, has seen a remarkable expansion in 2021 and aims to grow its client portfolio, integrate with partner clinics and fitness operators to ensure a fully online user experience, and launch its own telemedicine platform. SanoPass has launched a number of projects with strategic partners in technology, payments […]

The largest car sharing company in Romania – SPARK, announced a partnership with Dacia and will add 100 new fully electric Dacia Spring to its fleet. With this expansion the total auto fleet of the service in Romania exceeds 500 electric vehicles from 6 different models. The cars are already available in Bucharest.   The […]

Packeta Romania, the local subsidiary of Czech-owned Packeta Group, a global digital platform for e-commerce, plans to reach a nationwide network of over 1,000 pick-up points this year, from 500 units at end-2021.