Romania Feed

Shareholders of Romanian state-owned gas natural transmission company Transgaz (TGN.RO) approved on Tuesday (Jan 25) the conclusion of a legal consultancy contract for analyzing and negotiating the legal, financial and commercial terms for the association with the Three Seas Initiative Investment Fund (3SIIF) in order to get financing worth a total EUR626 million for the development of gas hydrogen blend transmission infrastructure projects.

The Bucharest Stock Exchange on Tuesday said the shares of Holdingrock1 (“Roca Industry”) will start trading on the AeRO market, the equity segment of the Multilateral Trading System, under the ticker ROC1, on Thursday (January 27).

Lawyers of law firm RTPR have provided legal assistance to integrated mobility services provider Autonom Services S.A. in connection with the acquisition of Premium Leasing, the operating leasing business of Tiriac Group.

Serban Patriciu, a business lawyer with over 20 years of experience, has joined the Noerr team in Bucharest as Head of the Real Estate Department.

Carrefour Romania on Tuesday said Gabriela Stanica took the helm of its E-commerce Department, being appointed to the position of Chief Information, Data Officer and E-commerce Director, after the promotion of Catalin Samara as International Director of Bringo.

Reynaers Aluminium Romania, the local division of Belgian Reynaers Aluminium, developer of aluminum products for the building sector, envisages an increase of at least 10% in turnover in 2022, sustained by the projects planned and by regional expansion by opening three new showrooms in 2021.

Infrastructure projects worth over EUR1.5 billion are expected to be delivered in Romania’s regional cities in 2022, while in capital city Bucharest, construction works on a new bypass road will continue as part of an investment worth EUR1 billion, in line with an analysis by Bucharest Real Estate Club, in partnership with Concelex.

Those familiar with AliExpress know that this is profitable for people looking to become business people. In essence, they follow the dropshipping process wherein they help customers receive the products in demand and profit. The prospect may seem well and good for some, but there is also the matter of expanding your “business”.   You […]

Serban Patriciu, a business lawyer with over 20 years of experience, has joined the Noerr team in Bucharest as Head of the Real Estate Department.   Serban Patriciu is an outstanding professional with extensive experience in the field of real estate, having advised all major players involved in real estate projects, from developers and contractors […]

RTPR has advised Autonom Services S.A. concerning the acquisition of Premium Leasing, the operational leasing business of Tiriac Group. Autonom Services is the most important independent player in the operational leasing and rent-a-car markets in Romania. Completion of the transaction is subject to approval by the Competition Council.   “At Autonom, we have been involved […]

Complice.ro, an online store of experiential gifts, ended 2021 with a turnover of 160,000 euro – 30% increase compared to the previous year. The positive dynamics was due to the high rate of adoption of new products – flexible packages of experiences – but also to the increase in the number of customers – by […]

Egis Pharmaceuticals is among the companies that have relocated their headquarters this year to the A-class office building One Tower, part of the multifunctional development One Floreasca City. The Romanian subsidiary of one of the most important pharmaceutical companies in Hungary decided to join the One Tower office community, one of the first green buildings […]

Innoship, the tech start-up that has developed one of the most advanced delivery management platforms for online retailers globally, and OLX, the world’s leading classifieds, are teaming up to enhance the order delivery experience for OLX’s users. The partnership targets several European markets, such as Romania, Bulgaria, and Portugal.   “At OLX, we are always […]

Colosseum Mall announces that Douglas will be part of its tenant portfolio in its expansion project which is going to be completed and inaugurated in S1 2022. Douglas is the leading premium beauty platform in Europe, with over 2000 stores and more than 160,000 beauty and lifestyle products available on its online and offline networks. […]

Carrefour Romania announces that Gabriela Stănică is taking over the E-commerce department and as such becomes Chief Information, Data Officer and E-commerce Director, after the promotion of Cătălin Samara as International Director of Bringo. In her new role, Gabriela will coordinate the entire e-commerce activity of Carrefour Romania, including the partnership with Bringo, as well […]

Egis Pharmaceuticals, the Romanian subsidiary of one of Hungary’s leading pharmaceuticals companies, has relocated its head office to One Tower office building, which is part of multifunctional development One Floreasca City.

Following the introduction of PepsiCo Positive, the company’s strategic end-to-end transformation with sustainability at the center, PepsiCo Europe today announces that by 2030, it plans to eliminate virgin fossil-based plastic in all its crisp and chip bags. This ambition will apply to brands including Walkers, Doritos, and Lay’s and will be delivered by using 100% […]

„I strongly believe that advancing gender equality in all contexts is a driver of progress and I salute the initiative of the Civil Society Development Foundation and Frivillighet Norge to open a discussion about human rights from a gender equality perspective. Through the EEA and Norway Grants, Norway is successfully cooperating with Romania in several […]

Integrated mobility services provider Autonom Services, controlled by brothers Marius and Dan Stefan, and Tiriac Group signed an agreement for the acquisition of Tiriac Operating Lease (Premium Leasing SRL), a business with annual revenues above RON80 million and assets worth more than RON200 million.

Germany’s retailer Kaufland, the second largest player in Romania’s food retail by 2020 turnover, reached 148 stores in Romania in 2021 after opening ten stores.