Romania Feed

Medical operator Medima Health, specialized in medical imaging and radiology, ends its first year of activity on the Romanian market with six operational clinics across the country, following investments of over EUR7 million.

Nuclearelectrica (SNN.RO), the only nuclear energy producer in Romania, is the first Romanian company to join the World Economic Forum as a member in two strategic areas: Platform for Shaping the Future of Energy Materials and Infrastructure and the Partnering Against Corruption Initiative.

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, continued its upward trend on Wednesday (October 20) and reached 2.25% a year, after stagnating at 1.20%-1.21% a year for five days, per central bank data.

Craiova-based Softronic, Eastern Europe’s only factory producing electric frames and locomotives, delivered four electric locomotives to Sweden’s rail freight carrier Green Cargo and expects reception for two other electric locomotives in the same country, Radu Zlatian, the company’s development-research manager, told ZF.

Agricultural cooperative Nucul de Aur, based in Suceava and made up of 20 fruit and vegetable producers of Suceava, Iasi, Botosani and Vaslui counties, has finalized RON5.8 million investments in a dehydrated fruit plant funded from EU funds and a banking loan.

Parmalat Romania, the producer of Santal fruit beverages, part of French group Lactalis, in 2020 generated turnover worth RON51.4 million (EUR10.7 million), down 13% year-on-year, in line with ZF calculations based on Finance Ministry data.

Bento-Intellectually Curious, a Romanian entrepreneurial company specialized in developing and implementing software solutions and providing IT and Cloud infrastructure services, intends to list its stock on the AeRo market of the Bucharest Stock Exchange by yearend.

Online home deco retailer Bonami, part of Czech group Miton, in the first half of this year registered a 10% sales increase in Romania against the same period of 2020 and the company is now readying for the holiday period for which it expects sales of around EUR4 million.

Parcel delivery company Cargus expects the revenue to be the same as last year, one of the best for the local parcel delivery industry. However, the coming period could have a significant impact on the final results, considering the busiest time of the year for such companies is just around the corner.

The opening of more and more infrastructure construction sites has led to builders buying specialized trucks for them and the segment drove up the heavy vehicle market, especially after a 2020 that affected transport truck sales worldwide.

The board of directors of chemical industry company Chimcomplex (CHOB.RO) has approved calling an Extraordinary General Meeting of Shareholders for November 26 to seek approval for raising the maximum share buyback price from RON15 to RON30, a report sent to the Bucharest Stock Exchange on Tuesday says.

The 49 million euro transaction was signed between SAP, a market leader in the business software industry, and Park Lane Developments, part of Lion’s Head, an investment and asset management platform which is also present on the Romanian market. Lion’s Head has EUR 350 million of assets under management and a portfolio of Class A […]

PlanRadar, the European technology leader for the digitization of documentation and communications in real estate, construction, and engineering projects, announces the official launch of its services in Romania.   Founded in 2013, Austria-based, PlanRadar digitizes construction and real estate projects in over 55 countries. Working worldwide with key players in construction companies, construction suppliers, real […]

In the last year, the need for connection and information has increased, according to the New Media Adoption study, carried out by the media agency Spark Foundry, a member of Publicis Groupe Romania. Compared to previous years, Romanians used the online to a greater extent: they were more present on platforms (53%) and social networks […]

Synaptiq, a Romanian startup from Cluj-Napoca that increases the performance of healthcare services by developing AI-based solutions for delineating tumors and organs at risk, closes a €250,000 funding round with the participation of investment fund GapMinder VC through business accelerator Techcelerator, Cleverage VC and angel investors – entrepreneurs Daniel and Ioan Istrate. The startup is […]

Leading integrated payments platform, Paysafe (NYSE: PSFE), today announces that it has extended its partnership with payments provider ZEN.COM. Paysafe’s eCash solution, Paysafecash, can now be used by individual customers as well as business clients across 25 countries in Europe to make fast and secure cash deposits into ZEN.COM’s virtual wallets.   After selecting Paysafecash […]

For the first time, the EY organization reports against the World Economic Forum-International Business Council (WEF-IBC) Stakeholder Capitalism Metrics to demonstrate progress on plans for increased transparency.   EY Value Realized is highlighting a commitment to the measurable, positive impact that the EY organization has on people, society and clients and demonstrates how the integration […]

Synaptiq, a Romanian startup based in Cluj-Napoca that increases the performance of healthcare services by developing AI-based solutions for delineating tumors and organs at risk, closes a EUR250,000 funding round with the participation of investment fund GapMinder VC through business accelerator Techcelerator, Cleverage VC and angel investors – entrepreneurs Daniel and Ioan Istrate.

In life, there are things that are within our control and things that are beyond our control. Things such as what we want to eat for lunch, how we carry ourselves, and how we choose to act in certain situations are all within our control. On the other hand, what the weather will be like […]

If your child suffers an injury while giving birth, it’s a good idea to get a birth injury lawyer to help you to file a lawsuit against the party at fault. After all, taking your little one home from the health facility needs to be a wonderful and memorable moment.    Therefore, seeing your little […]