Romania Feed

Fulga Dinu, Country Manager Operations at IMMOFINANZ, sat down with Business Review to talk about the launch of the myhive flexible offices in Romania and discuss the company’s future projects on the retail segment. By Anda Sebesi   What does the concept of flexible offices look like and what can you tell us about the […]

I believe that one of the most critical topics of academic research and debate on public policy is that of their ultimate purpose. However, unfortunately, this beneficial discussion for the general public and for policymakers, which is the basis for understanding the implications of the social contract (and I dare say even the obligations arising […]

Florin Serac, general manager of Turism Felix, which manages a holiday compound in Baile Felix resort, says the company will end 2021 with turnover worth around RON80 million, up 50% from 2020.

During the 2009-2020 period, companies operating in Romania’s private healthcare field saw their turnover grow fivefold, from RON2.3 billion in 2009, to RON11 billion last year.

Porcelain products manufacturer and Ikea supplier Apulum Alba Iulia, currently has 54 jobs available.

The local retail market has had a difficult 2021 amid the many ups and downs of the covid-19 pandemic, even as Romanians have largely embraced the new normal. With a moderate growth recorded this year, e-commerce continues to be one of Romania’s star sectors. However, despite having a huge potential to grow in the coming […]

Shikun & Binui Energy, the energy investment arm of Shikun & Binui, the biggest Israeli real estate developer, will earmark as much as EUR50 million for one of the first large new photovoltaic projects in Romania.

Marian Andreev, one of the most discreet local entrepreneurs, is considering selling vegetable oil producer Prutul Galati after almost once decade since the last such talks, when he almost sealed a deal with Glencore, according to market sources.

Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to market sources.

The management team of law firm Tuca Zbarcea & Asociatii will be expanding with six Partners starting January 1, 2021, following recent decisions on internal promotions.

With 99,698 new vehicles sold until December 20, 2021, Dacia is at the top of sales to individuals in France in 2021, according to figures provided by Autoways, a company specializing in the car market, which said these figures would not change significantly until December 31.

Romania’s Finance Ministry reopened a bond issue due in 2024 and raised RON285 million from banks on Thursday, above the scheduled level of RON200 million, at an annual yield of 4.54%.

Simtel Team (SMTL.RO), a Romanian engineering and technology company, said in a stock market report on Thursday that it signed a contract with Fan Courier Express SRL whose value exceeds 10% of the total income as per the latest annual financial statements.

France’s investment company Meridian has acquired half of the NetCity network, entering a strategic partnership with E-Infra Group made up of Electrogrup, Nova Power & Gas, Direct One and Netcity Telecom.

Hungary’s construction group Kesz has bought a plot of land of nearly 16,000 square meters in the Petrom City area, near the Casa Presei Libere (The Free Press House) in capital Bucharest, where it plans to build a residential complex.

Real estate developer GTC (Global Trade Center) has obtained the LEED Gold certification for the Cascade Office Building, a project located in the vicinity of Bucharest’s Victory Square.

One United Properties (ONE.RO), a real estate developer of residential, office and mixed-use projects in Romania, has signed a partnership agreement with lender Raiffeisen Bank International for the provision of capital markets-related services by the latter.

Companies MedLife (M.RO), Conpet Ploiesti (COTE.RO), Sphera (SFG.RO) and Purcari (WINE.RO) have fulfilled the criterion of stock market liquidity on the Bucharest Stock Exchange, therefore their shares could be included in the FTSE GEIS index at the upcoming review in March 2022.

For this Christmas, Business Review has started a list of Romanian entrepreneurs and businesses offering Christmas packages and gifts. Business Review talked with Anca Duse – founder of AncaDuse.com, a creative photography business, who recreates different scenes in miniature – now pictured for 2022 calendar and agenda.   How do you describe your work to someone […]

Calin Ilie, head of the Romanian Hospitality Industry Federation (FIHR), says the hotel sector will end this year with a decline of just 30% against 2019, when it reported a turnover of RON6.5 billion.