Romania Feed

Management solutions and BPO service provider Sykes Enterprises Eastern Europe, part of US Sykes group, has 80 jobs available at its Cluj-Napoca office.

Daniel Minciuna, founder of Nichiduta Trading, a company specializing in children’s products retail, expects turnover to stagnate in 2021 on the year, at around RON40 million.

Aquila Part Prod, the biggest player on Romania’s consumer goods distribution market, ended the first nine months of this year with revenues worth RON1.3 billion, up 19%, and net profit of RON43.8 million, 21% higher than in the same period of 2020.

Romanian-held coffee shop and restaurant chains are looking west for expansion and are opening units even amid the pandemic, betting on the consumption-oriented culture of other countries.

Bittnet (BNET.RO), a group of IT companies listed on the Bucharest Stock Exchange, on Monday announced the signing of a new transaction in the cybersecurity sector by acquiring a majority ownership, of 74%, in Global Resolution Experts (GRX), a company specialized in security consulting services.

Romania's finance ministry on Monday raised RON1.15 billion selling bonds maturing in September 2031 and October 2027, at average yields of 5.43% and 5.19%, respectively.

Growing a successful business can be tricky, there are a lot of factors that need to be kept into consideration and many things to manage at the same time. Your focus is to build a long-term successful business and increase your profit. However, not everyone is capable of doing so; running a business can be […]

A video creator or editor can make all the difference between superior and inferior quality videos. A video editor is to a videographer what YouTube is to the internet. Just like it is unimaginable to think of the internet without thinking about YouTube, a videographer can never imagine life with a high-quality video editor.    Since […]

Robotic arms are machines preset to execute a certain job or task accurately, efficiently, and quickly. Generally, they are motor-driven and often used for the consistent and rapid performance of highly repetitive processes over extended periods and are especially valued in the industrial assembly, machining, manufacturing, and production sectors.   A typical robotic arm comprises […]

Restaurant chain Maison des Crepes, launched in 2016 by Valentin and Ruxandra Strugaru, is expanding with four franchise units in the cities of Buzau, Bucharest, Ploiesti and Iasi, in partnership with City Grill Group.

Hünnebeck Romania, one of the leading local suppliers of casing and scaffolding systems, expects a significant business growth on the infrastructure segment, considering that in 2021 almost 40% of its projects targeted this category, up 10% on the year.

Pirelli & C. SpA was confirmed a global leader in the fight against climate change obtaining a position in the Climate A list 2021 of the CDP, the international non-profit organization that gathers, disseminates and promotes information on environmental questions.   The “A” rating is the highest score attainable and was awarded to only 200 […]

Timo Obalek has been appointed Hotel Manager of Radisson Blu, Bucharest and Park Inn by Radisson Hotel & Residence, effective November 1, 2021. With over 17 years of experience in the hospitality industry, Timo Obalek aims to reshape the business model to take quality, operations and employee satisfaction to the next level.   Timo Obalek […]

Coca-Cola has invested over EUR380 million in its Romanian operations over the last 30 years and the projects aimed at reducing energy consumption exceeded EUR11 million in 2020.

Electrica (EL.RO)'s management notified the Bucharest Stock Exchange that the mandate agreement as chief market officer of Catalina Popa had ended on December 11.E

In the pandemic economy, business growth has been the name of the game for Sînziana Pardhan, the Managing Director of P3 România. Business Review sat down with her for an exclusive interview, to talk about the company’s results in 2021, the developments in the industrial & logistics market as a whole this year, the new […]

Dacia Mioveni şi Ford Craiova, the two car plants in Romania, manufactured 379,952 vehicles in the first eleven months of 2021, fewer by 6.11% than 404.699 units in the same period of 2020, data from the country's carmakers association ACAROM showed Monday.

Law firm RTPR assisted Grup Serban Holding with the private placement of shares through which it raised RON12.7 million from investors on the stock exchange, as well as with the admission to trading on the AeRO market of the Bucharest Stock Exchange, which is to take place early next year.

Natural gas supplier and distributor Premier Energy, held by Czech investment fund Emma Capital, plans to acquire Brasov-based Ecoenergia, a producer of electric power from wind sources, and Alive Capital, a supplier of electricity and integrated services for the energy market, per data from the country’s Competition Council.

With the United States economy growing and the number of new applications for unemployment benefits at a 52 years low, but with inflation rising to a 40 years high, markets are expecting the US Federal Reserve to confirm its new anti-inflationary focus during its Wednesday meeting.  Macro commentary by eToro analyst for Romania, Bogdan Maioreanu […]