Romania Feed

Ericsson has launched a 5G network slicing solution for radio access networks (RAN) that will enable communications service providers to deliver customized 5G services with guaranteed performance. Now commercially available, Ericsson 5G RAN Slicing allocates radio resources at 1 millisecond scheduling and supports multi-dimensional service differentiation handling across slices. This strengthens end-to-end slicing capabilities for […]

Automobile Dacia, the largest Romanian car manufacturer, extended its lease for the 69,000 sqm occupied in Pitești Industrial Park, a project owned by Globalworth, under the umbrella of the Globalworth Industrial sub-brand. The leasing contract for Pitesti Industrial Park has been extended for a period of 10 years.   Located in Oarja, Argeș County, only […]

Monica Hodor, a former networks development director within the global infrastructure and networks division of Enel Group, took over in early February 2021 the position of general manager of E-Distributie companies in Romania, responsible for managing the electricity distribution networks in the regions of Banat, Dobrogea and Muntenia Sud.

The planned stock market listing of low-cost airline Blue Air could be postponed by one year, considering a reduced passenger traffic, against the backdrop of new travel bans imposed in European countries, Ziarul Financiar reported Tuesday.

Romania’s largest automaker, Automobile Dacia, has extended its lease of the 69,000 square meters warehouse in Pitesti Industrial Park by ten more years.

Private equity firm Morphosis Capital hopes to close two or three new deals in 2021, having allocated the same budget as last year, EUR10 million to EUR20 million.

UiPath, a start-up founded in Romania, that is currently one of the global leaders of the robotics software industry, announced on Monday that it closed a new Series F funding, worth $750 million, that hikes its post-money valuation to $35 billion.

The delivery market in Romania will continue its upward trend and overshoot the EUR1 billion mark in 2021 after having gone up four or five times in value last year. The growth speed will be slower, only 40% to 50% this year.

New vehicle registrations in Romania, including passenger cars and commercial vehicles, stood at 7,625 units in January, down 46.8% compared with January 2020, the Automotive Manufacturers and Importers Association (APIA) said Monday.

Ionut Georgescu, CEO, FEPRA International, joins BR’s re:FOCUS on eCommerce, Retail & Logistics, which will take place in an online format on February 10, 2021.   Ionut Georgescu is the CEO of FEPRA International, a company that takes over the packaging responsibility obligations from producers and importers that introduce packaging and packaging waste on the Romanian […]

Shareholders of state-owned hydropower producer Hidroelectrica on Monday approved the company's acquisition of Crucea Wind Farm SA and STEAG Energie Romania SRL from German energy group STEAG.

Raluca Radu, Country Manager, ANSWEAR Romania, joins BR’s re:FOCUS on eCommerce, Retail & Logistics, which will take place in an online format on February 10, 2021.   Raluca Radu is a Senior Digital Marketing & E-Commerce Manager with over 15 years of experience in digital strategy, online marketing, SEO, PPC, affiliate marketing, conversion rate optimization, Google […]

Romanian chemical fertilizer producer Azomures, owned by Ameropa, has started an energy efficiency investment supported by a EUR601,000 grant from Iceland, Liechtenstein and Norway, through EEA GRANT Norway 2014-2021, within the Innovation Norway program.

Serban Roman, vice-president of Enterprise Investors and country director for Romania, is leaving the investment fund after 13 years.

Laurentiu Furtuna, Director Of Ecommerce and Digital, Auchan Retail Romania, joins BR’s re:FOCUS on eCommerce, Retail & Logistics, which will take place in an online format on February 10, 2021.   With an experience of over 20 years in trade retail, Laurențiu Furtună worked in Carrefour and Real, occupying various positions in these companies, up to […]

The Alexandrion Trophies Gala, the most important gala of Romanian sports, organized by the Alexandrion Foundation for the 6th year in a row will be broadcast on the 6th of February, on B1 TV, starting from 19:00. The gala will also be streamed online on the Facebook page of the Alexandrion Foundation, starting from 20:00. […]

Arçelik, one of the leading household appliance manufacturers including global brands such as Beko and Grundig has ranked 34 on Corporate Knights’ 2021 Global 100 Index. The ranking makes Arçelik the most sustainable home appliances and houseware company in the world, and the first and only Turkish company to make the list.      The […]

The Call For Leaders interview series enters its third phase, with the established 3Q format receiving a revamp for 2021. The original Call For Leaders 3Q and its sequel, Call For Leaders – Back in Business, have seen us talking to quite a diverse roster of business leaders in Romania, representing top companies and various […]

Romania's finance ministry on Monday raised 1.022 billion lei (EUR209.7 million) selling bonds maturing in November 2024 at an average yield of 2.06%, central bank data showed.

Impact Developer & Contractor strengthens its team by appointing Constantin Sebeșanu as Development Director. With over 25 years of experience in project development and asset management, Constantin Sebeșanu will help expand the company nationally through new sustainable constructions.   “It is an honor to be part of the team of a top developer with 30 […]