Romania Feed

Private lending grew by 14.8% in nominal terms (6.1% in real terms) to RON324 billion in 2021, as local currency lending grew by 19.6% and foreign currency lending by 3.9% when expressed in lei, central bank data showed Wednesday.

Do digital technologies lead to operational improvements in business or change it fundamentally? Discussing this issue with the help of experts from Boosty Labs – a software outsourcing company in Ukraine – is a good opportunity to talk about business technologies.   Modern business technologies are built on the relationship between the market, the needs […]

Disney Plus, the streaming service of The Walt Disney Company, has confirmed its launch in 42 countries in Europe, Africa and Asia, including Romania, starting summer 2022.

M&A activity in Romania rebounded strongly in 2021 vs 2020 both in terms of deal value and deal count. Total M&A for the year amounted to $6.2 billion (€ 5.2 billion) up 32% year-over-year across 178 transactions, underscoring the strength of investor confidence in the Romanian business climate and its recovery post-Covid, especially in the […]

The Romanian real estate market has enough resources for a strong pick-up in activity in 2022, subject to how the pandemic will evolve, as well as other new themes, Colliers consultants predict. The repricing of risk and other post-pandemic trends will greatly influence the appetite and value of real estate investments in 2022 and beyond. […]

Law firm Filip & Company is assisting Tiriac Group on the sale of Tiriac Operating Lease (Premium Leasing SRL) to integrated mobility services provider Autonom Services SA.

The M&A market set new records in 2021 in both volume and value terms. The number of announced deals exceeded 62,000 globally in 2021, up an unprecedented 24% from 2020, and the deal values reached an all-time high of USD 5.1 trillion, according to PwC’s Global M&A Industry Trends: 2022 Outlook. A strong deals pipeline, […]

The supply chain is one of the most important aspects of a business. It covers everything about a product, from raw material sourcing, production, packaging, warehousing to delivery. At both ends of a supply chain is usually the supplier and consumer.   One of the biggest challenges businesses have with the supply chain is how […]

Financial analysts expect the Romanian leu will depreciate to an average of 5.0859 units to the euro in the next 12 months, while inflation is seen averaging 6.06% during the same period, a monthly poll by CFA Romania showed Wednesday.

The financial sector, medical service operators, IT&C, and retail companies were the most active tenants in the office leasing market in Bucharest last year, in terms of the average transaction size, according to Cushman & Wakefield Echinox real estate consulting company.   With an average transaction size of almost 2,000 sq. m, the financial sector […]

For the fifth year in a row, bio-pharmaceutical company Takeda received the Top Employer® certification by the independent institute Top Employers in the Netherlands, following a rigorous audit that analyzes the HR practices of companies around the world.   Thus, in 2022 Takeda has been named among the 11 companies that receive this recognition for […]

Evergent Investments (EVER.RO), an investment company with RON1.2 billion capitalization, started the first stage of a share buyback program, aiming for the purchase of maximum 8 million own shares, due to be carried out during the January 26-June 5, 2022.

Impact Developer & Contractor, a real estate developer controlled by entrepreneur Gheorghe Iaciu, completed the capital increase through private placement, with the sum raised from investors standing at RON58.9 million.

Building materials producer Cemacon Cluj-Napoca has, for 2022, the biggest investment budget of the past decade, with the main direction the money goes to being a new plant.

German-held maker of cable systems for the automotive industry and of electrical systems Kromberg & Schubert seeks to hire 50 people for the plant of Nadab, around 40 km away from Arad.

Decorio, a producer and importer of fencing systems owned by Radu family, has earmarked RON2 million for investments in 2022 to grow the business.

Doru Lionachescu, member of the Board of Directors of Romania's largest lender Banca Transilvania, was elected President of brokerage firm BT Capital Partners by the company’s Executive Board, in line with data by Ziarul Financiar (ZF) daily.

General contractor Baupartner Construct, part of Baupartner Group held by Michael Dietrich (75% stake), finalized in 2021 the construction of Haier refrigerator factory and eMAG warehouse in Giurgiu.

Sheikh Ahmed bin Saif Al Nahyan, the former President of Etihad Airways and the founder of ABS Holdings, will be opening an ibis Styles Bucharest Airport hotel, in the vicinity of Henri Coanda (Otopeni) Airport, in the second quarter of 2022.

Software services company Qualysoft Romania recorded an increase of over 85% in turnover and of 40% in profit in 2021, exceeding initial predictions, the company said Tuesday.