Romania Feed

Asseco SEE (ASEE), the largest IT company in Eastern Europe, part of the Polish IT group ASSECO, has acquired a 60% stake in BS Telecom Solutions (BSTS), a telecommunications systems provider and integrator in Bosnia and Herzegovina, according to a statement issued by representatives of the company.

The Bucharest Stock Exchange on Wednesday said the shares of ABN Systems International will start trading on Monday (February 14) after the successful completion of the first Initial Public Offering (IPO) held on the AeRO market, the equity segment of the Multilateral Trading System.

PayPoint Romania, operator of cash payments and electronic recharging services, on Wednesday announced the acquisition of the 24pay application, the digital payment solution for public transport with the largest expansion nationwide, owned by PTP Online.

Romania’s software and services industry contributes approximately 6.2% to the country’s gross domestic product (GDP), which amounts to almost EUR13.6 billion. as per a survey by the company Roland Berger for the Romanian Employers Association in the Software Industry (ANIS).

Humans.ai, the Romanian deep-tech startup announces the hiring of Prof. Dr. Nicu Sebe as Head of AI. With 20 years of experience in computer vision, machine learning and multimedia, Nicu Sebe is one of the leaders of the community being past chair at the main conferences in the industry such as ECCV, ICCV, ACM Multimedia, […]

2021 meant for Bonami, the online store with furniture and decorations, the achievement of many ambitious projects. Last June, the company launched its own premium courier service, transporting pieces of furniture to the customer’s home. 2021 also marked the expansion into new countries, with Bonami adding 4 new markets to its portfolio: Latvia, Lithuania, Croatia […]

Alice Nichita, President of the National Soft Drinks Association (ANBR), will be a speaker at BR’s upcoming re:FOCUS on eCommerce, Retail & Logistics where she will be part of the closing panel, dedicated to retail & logistics’ biggest challenge of 2022, the implementation of a functional Deposit Return System.   After a long experience in consulting, government relations, […]

Julia Leferman, General Director of the Brewers of Romania Association, is set to become a speaker at BR’s upcoming re:FOCUS on eCommerce, Retail & Logistics where she will be part of the closing panel, dedicated to the Deposit Return System, retail & logistics’ biggest challenge of 2022.   Julia Leferman has more than 15 years of experience […]

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, grew to 3.29% a year on Wednesday (Feb 9) versus 3.22% a year on Tuesday (Feb 8), central bank data showed Wednesday.

Energy company OMV Petrom has an investment budget of nearly RON4 billion for 2022, significantly higher than RON2.8 billion in 2021.

Romanian-held cryptocurrency investment and digital asset management company Tradesilvania has recruited Mihaela Dragoiu, a former director with Romania’s National Office for Prevention and Control of Money Laundering, to supervise its regulation and legal compliance department.

CBRE, the global leader of real estate consultancy market, secured for The 11 Entertainment Group, the owner of Cyberjump concept, their very first location in Romania, in a high traffic and family destination retail center located in the Eastern part of Bucharest that in couple of months will include among its variety of amenities like […]

PayPoint, the main operator of cash payments and electronic top-up through retail points in Romania, announces the acquisition of the 24pay application, the digital payment solution for public transport with the largest expansion nationwide, owned by PTP Online. Thus, PayPoint completes its portfolio of services available to consumers and diversifies the range of digital solutions, […]

BAT is proud to announce that it has been named a Global Top Employer for the fifth year running by the Top Employers Institute.    BAT is one of just 11 companies to receive Global Top Employer certification for 2022, which is based on an extensive review of employer practices across six HR domains and […]

Romania's trade balance posted a record deficit of EUR23.69 billion in 2021, higher by EUR5.3 billion compared with 2020, data from the country's statistics board INS showed Wednesday.

euShipments, one of the most experienced providers and integrators of courier and fulfillment services in Eastern Europe and the leader of the fulfillment market in Bulgaria, expands its presence on the Romanian market, as part of a strategic investment of several million euro, aimed at accelerating its international expansion.   This year, the company estimates […]

Sortilemn (based in Gherla), one of the most important local suppliers of Sweden’s IKEA group, controlled by Austrian Michael Brandhuber, has budgeted about EUR43 million revenue for this year, up 15% on last year, the company said.

Caretta, a manufacturer of metal tile roofing, metal fencing systems and industrial hall elements, wants to open new showrooms in 2022, despite fears of further increases in raw material prices.

Airline Blue Air on Tuesday said it would resume seasonal regular flights from Cluj-Napoca to Constanta starting June 20, 2022.

Real estate developer One United Properties (ONE.RO) on Tuesday (Feb 8) completed the acquisition of a majority stake in the company Bucur Obor, the owner of shopping center Bucur Obor.