Romania Feed

Romania's foreign exchange reserves grew by EUR2.6 billion in January 2021 versus December 2021, to EUR43.1 billion, central bank data showed Tuesday.

Credit Europe Bank Romania introduces Google Pay for customers with Mastercard cards and thus offers them access to a fast, simple and secure payment method at a large number of merchants, online or in stores. Credit Europe Bank’s CardAvantaj (Standard, Gold, Platinum), CEB Diamond (Gold and Platinum) and Optimo Card credit cards users and Mastercard […]

HBO Max, WarnerMedia’s premium streaming platform, arrives in Romania on March 8, 2022, it has been confirmed today, replacing HBO Romania. HBO Max offers a world of high-quality entertainment from beloved content brands, including Warner Bros., HBO, DC and Cartoon Network, Max Originals, and much more.   Attractive pricing has also been revealed. The monthly subscription […]

Romanian authorities seized about 116 million contraband cigarettes in 2021, almost five million more than in 2020, according to British American Tobacco (BAT), citing data centralized on www.stopcontrabanda.ro.

Lender Banca Transilvania (BT), leader on the Romanian banking market, has kept its 302nd spot in the Brand Finance Banking 500 2022.

The Bucharest Stock Exchange on Monday said Dutch-held group of firms DN Agrar Group would start trading its shares on the alternative trading system AeRO market on Wednesday (February 2).

Eight in ten Romanian car buyers (81%) say they would purchase either a hybrid or electric car the next time they purchase a vehicle (14 points above the EU average), while only 19% would still opt for a petrol or diesel car, in line with a survey by the European Investment Bank (EIB).

Farmexim Group, which includes pharmaceutical wholesaler Farmexim and pharmacy chain Help Net, has put Nikolay Kolev in charge of its operations in Romania.

Four structured products issued by Raiffeisen Centrobank start trading on the Bucharest Stock Exchange, having the shares of real estate developer One United Properties as support, One United said on Tuesday (Feb 1).

Health & fitness chain World Class is opening a new fitness club in a 2,352-square meter space within the One Cotroceni Park project in capital Bucharest.

Revetas Capital announces the disposal of Vitantis Shopping Center in Bucharest by Revetas Capital Recovery Fund I L.P. to Praktiker Real Estate Romania. The transaction marks the completion of a successful repositioning and revival of the retail scheme into a large scale neighbourhood power centre focused on home, convenience and grocery products, with long-term leases […]

Romanian authorities issued 4,011 residential building permits in December 2021, 2.8% more than in November 2021 and 13.6% more than in December 2020, data from the country’s statistics board INS showed Tuesday.

The volume of Romanian construction works decreased, in unadjusted data, by 1.2%, in January-November 2021 as compared to the same period of 2020, and by 0.9% when adjusted to the number of working days and to seasonality, data from the country’s statistics board INS showed Tuesday.

SeedBlink, the online investment platform for start-ups across Europe, has raised around € 37.8 million for the 56 start-ups that have been campaigning since the platform was launched, in early 2020.    The amount includes financing attracted from SeedBlink investors (15 million euros), while the remaining almost 23 million euros are amounts attracted by lead […]

Romania's seasonally adjusted unemployment rate reached 5.4% in December 2021, higher by 0.2% percentage points as compared to November 2021, data from the country's statistics board INS showed Tuesday.

FREE NOW, Europe’s leading multi-mobility platform, has seen a favorable development in ride-hailing and has observed a dynamic recovery in this sector after the pandemic, estimating a doubling of the brand’s local operations in Romania in 2022. FREE NOW remains the multi-mobility platform that offers drivers the lowest commission in the market, making it the […]

Recruitment website eJobs, held by Switzerland’s Ringier, ended 2021 with turnover worth around EUR12 million, equaling 78% growth on the year and for 2022 expects 20% growth.

Mobexpert group, with activities in furniture production and retail, is set to build a new warehousing space this year, in northern Bucharest, to accommodate a broader range of products.

Tire distributor Dinamic 92 Distribution, controlled by Tofan family of Piatra-Neamt, for 2021 reported turnover worth above EUR70 million, around 20% higher than in the previous year, topping early 2021 projections.

Roofing producer Wetterbest, owned by Ireland’s Kingspan, is set to take an investment program started in 2021 further this year.