Romania Feed

Two in three Romanians (67%) use different kinds of banking products and services, such as current accounts, cards, loans, deposits and make payments, per a survey regarding Romanians’ perception of the digitalization of the banking system, conducted in December 2020.

Swedish developer Vastint that built the Business Garden Bucharest office buildings on Calea Plevnei in Bucharest and is working on the Timpuri Noi Square in the same city plans to start construction of the second phase of the latter in the second half of the year.

Romanian consumers spent 110 million to 120 million lei on clothes dryers last year, not including VAT and the market has increased significantly in the past few years, 2020 included.

Paint and coatings manufacturer Sarcom Valcea has budgeted EUR300,000 investments for 2021, after a 2020 that its owners, brothers Aurel and Marinica Potop, say was good though atypical.

Fast moving consumer goods giant Unilever is developing its operations in Romania despite the COVID-19 pandemic, announcing Romania is a very important market for the group.

Romcarbon Buzau (ROCE.RO), one of the major plastic packaging producers in Romania, announced Thursday that board member Stefan-Alexandru Toderita, exceeded the 10% holding threshold in the company on January 20.

The total value traded on the Bucharest Stock Exchange and its multilateral trading system reached RON12.69 billion in January-September 2020, up 56.27% on the year, despite risks and a deteriorated macroeconomic environment.

Romania's finance ministry on Thursday raised 1.5 billion lei (EUR307.7 million) selling bonds maturing in June 2026 at an average yield of 2.38%, central bank data showed.

Today, the world is powered by data. With the growing pace in technological developments, data has become an integral part of people’s lives. At the height of this digital boom comes the launch of Digitas Romania, Publicis Groupe’s Connected Marketing agency. BR talked exclusively with Calin Buzea, Managing Director & CTO, and found out more […]

Our colleague, Colin Lovering was hearing so many differing views on corporate communications that, in the spirit of working from home, he turned to his wife Corina, an expert in the field for her views and insights into what organisations need to focus on this coming year.   “When I start to like somebody and […]

After a year full of uncertainties, defined by rapid changes and immediate adaptation, it is important to look at how institutions manage to continue to meet the needs and expectations of their customers. Thus, Reveal Marketing Research conducted a study on Romanians’ expectations regarding banks in the current context, at the beginning of 2021. As […]

The members of the Brewers of Romania Association have appointed as President Dragos Constantinescu, President of URSUS Breweries. From January 1, 2021, he took over the new responsibilities within the Association from Dan Robinson, Managing Director of HEINEKEN Romania, who held the presidency during 2020. By Romanita Oprea   “I thank the members of the […]

Romania is to receive a total budget of EUR 100 billion in the European financing period of 2021-2027, of which EUR 79,9 billion represents non-reimbursable European funds distributed in 9 operational programs across several key sectors of the economy, as well as a budget of about EUR 20 billion non-reimbursable funds for the agriculture sector. […]

The total value of properties transacted in 2020 by real estate agency Blitz amounted to EUR65 million in the Romanian cities of Brasov and Cluj, and over 30% of transactions were carried out through a form of bank financing.

Romanian nuclear power plant operator Nuclearelectrica on Thursday said it would shut down nuclear reactor 1 at the power plant in Cernavoda on Friday to Saturday night (January 22-23, 2021) for repairs.

Over a third of employees in Romania expect to go back to working in the office in 2021, alongside the entire work team. The office of the future offers more safety, more routine and a platform for creative activities, per a survey conducted by Genesis Property.

Last year saw 136 deals worth almost EUR3.4 billion signed in Romania, 5% lower in volume and 10% lower in value compared with 2019, the CMS Emerging Europe M&A 2020 report and ZF calculations based on the data therein show.

The demand for corporate reporting to be more transparent is a reality. Dictated by the key role it plays in telling investors the story of value creation, corporate reporting is a way for companies to gain the trust of themselves and other stakeholders, as Florentina Susnea, Managing Partner at PKF Finconta. Promoting this transparent approach […]

Courtyard Bucharest Floreasca by Marriott Hotel, which opened in northern Bucharest in 2019, ended last year with a quarter of the occupancy rate owner Lithuania’s Apex Alliance had estimated.

Enel X, the Enel Group’s advanced energy services business line, was awarded by Bogotà’s bus rapid transit system Transmilenio a contract to provide the Colombian capital’s Integrated Public Transport System (SITP – from the Spanish Sistema Integrado de Transporte Público) with 401 full-electric buses and two brand new electroterminals for their charging. This award, which […]