Romania Feed

Rondocarton, part of Austria’s Rondo Ganahl group, one of the biggest producers of corrugated cardboard, operating three packaging plants in Romania, will end 2021 with turnover worth above EUR100 million this year and for 2022 projects growth of below 10%, according to Mihnea Baldea, general manager of the company.

Fan Courier, leader of Romania’s courier services market, is investing over EUR25 million in its own warehouses of transit points in Cluj-Napoca and Brasov, according to Adrian Mihai, co-founder of the company.

Paver maker Elis Pavaje, owned of Gota family of Alba, invests EUR20 million in the group’s fifth plant.

Phoenix Y, the producer of Gusto corn puffs, currently exports more than half of Baicoi plant production.

Footwear brand Bata exits Romania after almost two decades. The franchisee, entrepreneur Eugen Paturan, has recently closed down the last three stores.

Transavia, Romania’s biggest poultry producer, which went beyond the RON822 million mark in terms of group turnover in 2020, maintains it will shortly hit the RON1 billion threshold, according to the company’s representatives.

The Romanian operations of delivery platform FoodPanda were valued at almost EUR100 million in the transaction between Germany’s Delivery Hero and Spain’s on-demand delivery platform Glovo, a deal which targeted several markets in the region, according to sources of Ziarul Financiar daily.

Choosing an appropriate company registered address is very important. You need to ensure that the address you provide is accurate and provides enough information for postal workers to deliver packages and mail without any confusion. It’s also a good idea to include your phone number, as well as a contact email address so that recipients […]

The GroupM This Year, Next Year 2021 report announces record increases for the global media market. 2021 brought up a 21% growth, powered mainly by digital advertising which went up by over 29%. By Romanita Oprea   Numbers are remarkably high, and data shows that nowadays economic environment is better than ever for the media […]

Campus 6.3, the third building of the Campus 6 complex, has obtained the WELL Core & Shell certification at Gold level, awarded by the International WELL Building Institute (IWBI) – the world’s leader in assessing the impact of buildings on people’s health and well-being. The project, thus, becomes the first office building in Romania to […]

Community Index Magazine bilingual yearbook, at its third edition, a source of top-quality know-how for any professional who has a sustainable mindset, contains no less than 260 pages of analysis, exclusive interviews with renowned international experts, articles and interviews with local professionals, CEOs and experts in the field of sustainability and CSR, as well as numerous case […]

In the face of the uncertain environment that 2021 promised, the global IPO market had an exceptional year, breaking records by IPO volume and proceeds consistently into the fourth quarter. In the last quarter, the winds shifted with the surfacing of the COVID-19 omicron variant, continuing geopolitical tensions and increased market volatility. Overall, 2021 saw […]

The global IPO (initial public offering) market had an exceptional year, breaking records by IPO volume and proceeds consistently into the fourth quarter. Overall, 2021 saw a total of 2,388 deals raising US$453.3 billion in proceeds, a 64% and 67% respective increase year-over-year, in line with the 2021 EY Global IPO Trends Report.

Against the backdrop of new outbreaks of the global Covid-19 virus, policy and volatility in demand and logistics during the Chinese New Year, disrupting the global supply chain will remain a problem until the second half of 2022. After an improvement in In the first half of 2021, global trade in goods contracted in the […]

The Black Sea Trade and Development Bank (BSTDB) is providing EUR 40 million SME Facility to Garanti BBVA Romania to expand support for small and medium-sized enterprises (SMEs) in the country and help them sustain their business under the challenging conditions caused by the coronavirus pandemic.   The BSTDB’s five-year loan will fuel the investment […]

Concilium Consulting, company specialized in sustainable business restructuring, announces the consolidation of its portfolio of services and management team by recruiting Bogdan Pletea, a professional with over 20 years of experience in consulting and risk management in the UK, Spain and Romania. He will lead the company’s new ESG division, Climate Risk & Strategy, consisting […]

ARES medical centers chain specialized in interventional cardiology on Wednesday announced the acquisition of Cardiomed clinic founded 12 years ago in the city of Cluj Napoca by physician Carmen Muresan.

The European Bank for Reconstruction and Development (EBRD) is providing a EUR5 million loan to Aquila Part Prod Com S.A. with an option to buy up to EUR5 million worth of shares from the company’s founding shareholders.

Homemade gelato shop chain Velocità, which operates two units in Bucharest, on Calea Victoriei Roadway and Ion Campineanu Street, is expanding through franchising and plans to open at least four new units across Romania, in 2022.

Romania's nuclear power producer Nuclearelectrica (SNN.RO) said in a stock market report Wednesday that it concluded with telecom operator RCS&RDS contract for the energy sale in the amount of nearly RON360 million over the next two years.