Romania Feed

Romania’s economy is expected to expand by 7% in 2021, slightly lower than the 7.4% growth rate projected in July, the European Commission said on Thursday (Nov 11) in its Autumn 2021 Economic Forecast report.

Real estate developer Iulius Group, held by entrepreneur Iulian Dascalu, plans to develop a new real estate project in the central area of the city of Iasi, where it already invested in the Palas Iasi complex, in the vicinity of the Culture Palace.

The Turnaround Management Association, an international organization of 10.000 members in 54 chapters worldwide that focuses on corporate restructuring, renewal, and corporate health space, headquartered in the United States, has just appointed Vlad Năstase as Global Vice-President for International Relations.   Vlad Năstase is CEO of Romanian corporate restructuring company Concilium Consulting and the only Romanian ever […]

With fast-growing gastronomic expectations in Bucharest and further customer need to receive a multidimensional dining experience, The Marmorosch Bucharest, Autograph Collection Hotel announces the official opening of Fine Dining in Blank Restaurant on November 16 and the appointment of Flaviu Mureșan as the new Head Chef.   Both hotel guests, as well as visitors will […]

Law firm Filip & Company has assisted Electrica (EL.RO), one of the main actors on the energy supply and distribution market in Romania, in contracting a loan worth EUR750 million from Erste Group Bank and Raiffeisen Bank Romania.

GreenWEEE International, a market leader in the industry of electrical and electronic waste recycling, announces plans for the third recycling plant.   The company, founded in 2009 and with two facilities in Romania (Buzau and Campia Turzii), member of Green Group recycling park, continues its growth strategy with a 10 million EUR investment from private […]

The Filip & Company team assisted Societatea Energetică Electrica S.A., one of the key players on the Romanian power distribution and supply market to contract a RON 750 million financing facility for the expansion of the value chain of energy, which includes the generation of power from renewable sources.   Erste Group and Raiffeisen Bank […]

On Friday, November 12, tazz turns Black Friday into Smart Friday by launching a campaign with smart price vouchers for in-app orders from partner restaurants. Thus, for one day, tazz offers 17,000 vouchers worth 100 lei, which can be purchased only on Friday from the application at prices starting with 20 lei.   At tazz, […]

LIBERTY Steel Group, which owns the largest integrated steel producer in Romania, has hired 532 new employees in 2021, with at least 100 more jobs still to be filled by the end of 2021.

Portland Trust, one of the most powerful real estate developers in Romania, has finalised the sale of the largest photovoltaic park under development in Romania to Econergy and Nofar Energy.

MedLife Group (M.RO), the leader of the private medical services market in Romania, announced in a stock market report on Thursday the resumption of the acquisition process of OncoCard Hospital Brasov, one of the most important diagnostic and oncological treatment centers in Romania, by signing the sales and purchase agreement of 100% of group shares.

How HR magic is done? Find out from Irina Tache, Solution Sales Executive Romania, West Balkans & Bulgaria at SAP, about the innovative technologies and solutions designed for HR professionals that offer true value and should be considered in future investment plans, during a special stage spotlight with BR tech journalist Aurel Dragan.   Irina Tache […]

The Bucharest Stock Exchange said in its financial report on Thursday that its net profit stood at RON5.53 million in the first nine months of 2021, down 37% from RON8.76 million in the year-earlier period, with a net margin of 30%.

Romania’s central bank has revised upwards its annual inflation forecast expecting a rate of 7.5% in December 2021, higher by 1.9 percentage points than the level anticipated in August, the bank said it its November Inflation Report released Thursday (Nov 11).

Daniela Vercellino, Human Resources Director at Societe Generale Global Solution Centre, will be a speaker in the All-Star | Employer Branding Panel at BR’s upcoming Working Romania | Autumn 2021 Edition.   With more than 18 years of experience in HR, Daniela has an extensive international exposure in companies active in a varied range of industries. […]

Agricultural company Agroland Agribusiness (AAB.RO), part of Agroland Group, on Thursday reported operating revenue of RON22.2 million for the first nine months of 2021, up 53% on the year, and a net profit of RON1.2 million, compared with RON282,317 in January-September 2020, per a stock market report.

Cristina Mancaș, Vice President of Human Resources at Schneider Electric South East Europe, will be a speaker at BR’s upcoming Working Romania HR Conference, where she will explore the 2022 HR trends, and how organizations need to transform in order to perform in the new #futureofwork.   Cristina Mancaș is Vice President of Human Resources at […]

The progressive use of electricity emerges as the most efficient energy vector to achieve net zero ambitions, in particular, in fields such as industry, buildings and transport, as these sectors are the main causes of global greenhouse gases emissions, according to a Deloitte analysis quoted in the B20 Italy Energy & Resource Efficiency policy paper, for which Deloitte has been the knowledge partner. The policy paper was submitted by the Taskforce on Energy & Resource Efficiency within the Business20 (B20), the G20 dialogue forum with the global business community, before the COP 26 UN Climate Change Conference, which takes place between October 31 and November 12, 2021, in Glasgow, Scotland.

The average net salary in Romania increased by 0.9% in nominal terms in September 2021 compared with August 2021, to 3,517 lei (EUR710.6), data from the country's statistics board showed Thursday.

Earlier this year, Chromosome Dynamics S.A. has started the process of establishing the largest multi-vendor agro-industrial marketplace in Romania. Today, Agrobazar Marketplace offers customers 12 categories designed to cover the entire agri-food sector, reaching 25,000 products loaded on the platform in less than a week, of which about 10,000 have already been validated.   From […]