Romania Feed

“We’re constantly seeking specialists, having around 30 open positions at present,” says Ovidiu Pascutiu, general manager of Saint-Gobain Romania.

Walter Friedl, managing partner of wine producer Lacerta, expects the company’s 2021 turnover to be flat from 2020. Last year, turnover hit RON4,9 million, down 24% year-on-year.

Theta Furniture & More, one of the biggest players on Romania’s furniture and interior design market, will open an office in Brussels in 2022, with Paris to also be included in its expansion plans.

Dental Clinics Dr. Leahu opens a new dental centre in Craiova, the seventeenth in the network. The investment totals 540,000 euros for eight dental offices, digital dental radiology and spaces specially designed for the treatment of children – which integrates the concept of “Space Academy”, endowed with equipment to the highest medical standards.   The […]

Today the Black Sea Trade and Development Bank (BSTDB) received an upgrade of its long- and short-term issuer credit ratings from the S&P Global Ratings to ‘A/A-1’ from ‘A-/A-2’. The outlook is stable.   The credit rating agency stated that the upgrade reflects the BSTDB’s confirmed policy relevance, illustrated by solid loan book growth over […]

Appraisal & Valuation (APP.RO), a real estate consulting, valuation and development business and one of the companies that recently debuted on the local stock exchange, announced on Friday that investor Marius Alexe surpassed the 5% threshold of its voting rights on November 26, so he now owns 5.03% or 64,830 shares.

School principals from Romania have been awarded for the exceptional education transformation projects they have been involved in at the 2021 Principals Awards Gala. In this edition, the awards were won by four educational leaders from Iași, Tecuci, Târgu Măgurele and Pașcani. The Principal of the Year 2021 is Mihaela Romanescu, principal at the “Grigore […]

Carbochim (CBC.RO) is preparing the site in Cluj for a future real estate development; the site is now used by one its plants, which is to be relocated.

The #25x25interview series, a special editorial project featuring companies that have been in business in Romania for 25 years and powered by Schoenherr si Asociatii SCA, continues today with another insightful interview featuring Irina Siminenco, Corporate Affairs Manager Nestlé România, who walked us through her company’s story which began 25 years ago with only six employees.   Starting with […]

The Romanian start-up DRUID, specialized in developing intelligent virtual assistants dedicated to complex enterprise processes, is the technology company with the fastest natural growth in Central Europe (CE) over the last three years, according to Deloitte 2021 CE Technology Fast 50 ranking. With a growth rate of 6,753%, DRUID ranks first out of 25 start-ups […]

As employees will increasingly return to the office in 2022, a need for office transformation that responds to the post-pandemic way of working is emerging. Half of Romanian employees believe that the office needs to be redesigned to create different areas that give them more flexibility and multiple working options, depending on the type of […]

EY becomes the first Global UiPath Service Network (USN) Strategic Partner for Professional Services. EY and UiPath teams help clients improve efficiency, increase decision support, reduce risk, improve resilience, enhance user experience, and ultimately increase revenue, as a result of the technology implementation. This achievement follows from the EY organization being named UiPath 2021 Global Partner […]

Forex trading can be done from anywhere with a stable internet connection – this is one of many reasons it appeals to people. This allows traders to travel and work from any country, however, due to regulations and different lifestyle factors, certain countries may be a better option for forex traders.   InvestinGoal wanted to […]

The sale of Frigotehnica, a manufacturer of refrigeration solutions, to VINCI Energies, the Romanian holding company of VINCI, a global construction and energy group, was finalized on Friday after receiving all approvals from the Competition Council, ROCA Investments announced.

FORTIM Trusted Advisors, a Romanian company, member of the BNP Paribas Real Estate Alliance, has coordinated the relocation process for Bob Concierge, an innovative start-up, which has introduced automated devices for products and services within residential compounds. The new offices will occupy 1,058 sqm on the 3rd floor of One North Gate Pipera, part of […]

National natural gas transmission company Transgaz (TGN.RO) signed on Thursday a 12-year RON220 million loan agreement with Banca Comerciala Romana (BCR) on Thursday, an announcement on the Bucharest Stock Exchange shows.

Electronics retailer Flanco is further expanding its store network and is opening two new units, in Arad and Barlad, in the wake of RON1.5 million investments, reaching 160 units located in 112 cities.

Bento – Intellectually Curious, a Romanian entrepreneurial company specialized in developing and implementing software solutions and providing IT and Cloud infrastructure services, raised RON5.6 million from investors in the wake of a private placement closed on the very first day of the offering.

Holde Agri Invest, a Romanian company operating farmland, reported consolidated turnover worth RON46.8 million in the first nine months of this year, up 78% from the year-earlier period, and net profit of RON2.6 million, up 77%.

Romania’s bike industry has grown almost tenfold in 10 years. Over 1,700 people in 2020 manufactured RON1.3 billion worth of bikes, in line with a ZF analysis based on Trade Registry data.