Romania Feed

Industrial production prices for the domestic and non-domestic markets grew by 2.1% in December 2021 versus November 2021 and by 33.3% in December 2021 versus December 2020, data from Romania’s statistics board INS showed Wednesday.

Fish products manufacturer Valeputna, owned by Suceava-based Quality Natural, plans to list its products in new locations in 2022 and manufacture premium products under the private label of some retailers, being in advanced talks for this, according to the company’s representatives.

Belgium’s logistic space developer WDP is set to add around 25,000 square meters to the Slatina plant of tire producer Pirelli on the basis of a 15-year lease contract. Investments are put at around EUR15 million and due to be wound up in 1Q/2023.

Auto parts manufacturer Altur Slatina (ALT.RO), announced on the Bucharest Stock Exchange on Tuesday evening that it had raised RON4 million through a private placement of bonds in which three legal entities participated as investors. The company did not say what the maturity and interest rate were.

Nuclearelectrica (SNN.RO), Romania's only nuclear power producer and the state-owned company with the best-performing shares on the Bucharest Stock Exchange in recent years, announced Tuesday evening that Dan Laurentiu Tudor's term as deputy CEO has ended by agreement.

Abris Capital Partners, the Central European private equity investor, has signed an agreement to sell its stake in Patent Co, a global provider of animal nutrition solutions, including patented high value-add feed additives, to RWA Raiffeisen Ware Austria AG, an international group present in Romania through RWA Raiffeisen Agro Romania.   Headquartered in Serbia, Patent […]

EA – The Entrepreneurship Academy launches today “In the LEAD”, an inspirational podcast, with business people, for all those who have wondered, at least once, whether or not entrepreneurship is for them. The host is Alexandru Ghiță, President of EA – The Entrepreneurship Academy, and can be found in both audio and video format on […]

In 2021, on grounds of extensive efforts to stop illegal activities at the country borders, the Romanian authorities seized about 116 million contraband cigarettes, up almost 5 million as compared to 2020. The market value of contraband cigarettes seized by the Romanian authorities last year amounted to over 68 million lei, according to data centralized […]

One United Properties S.A., one of the leading green developers of residential, mixed-use and office real estate in Romania, listed on the Main Market of the Bucharest Stock Exchange (symbol ONE), announces that World Class will inaugurate a new location in a space of 2,352 square meters within One Cotroceni Park development in Bucharest. The […]

Sebastian Mahu (IULIUS) will be a speaker at BR’s re:FOCUS on eCommerce, Retail & Logistics 2022 edition. Previewing the first conference of 2022, we talked to IULIUS’ Head of Asset Management about the shopping mall segment in 2021, the new consumers’ shopping behaviors, and the evolution of commercial centers in 2022.   How did the pandemic continue to influence […]

Romania's foreign exchange reserves grew by EUR2.6 billion in January 2021 versus December 2021, to EUR43.1 billion, central bank data showed Tuesday.

Credit Europe Bank Romania introduces Google Pay for customers with Mastercard cards and thus offers them access to a fast, simple and secure payment method at a large number of merchants, online or in stores. Credit Europe Bank’s CardAvantaj (Standard, Gold, Platinum), CEB Diamond (Gold and Platinum) and Optimo Card credit cards users and Mastercard […]

HBO Max, WarnerMedia’s premium streaming platform, arrives in Romania on March 8, 2022, it has been confirmed today, replacing HBO Romania. HBO Max offers a world of high-quality entertainment from beloved content brands, including Warner Bros., HBO, DC and Cartoon Network, Max Originals, and much more.   Attractive pricing has also been revealed. The monthly subscription […]

Romanian authorities seized about 116 million contraband cigarettes in 2021, almost five million more than in 2020, according to British American Tobacco (BAT), citing data centralized on www.stopcontrabanda.ro.

Lender Banca Transilvania (BT), leader on the Romanian banking market, has kept its 302nd spot in the Brand Finance Banking 500 2022.

The Bucharest Stock Exchange on Monday said Dutch-held group of firms DN Agrar Group would start trading its shares on the alternative trading system AeRO market on Wednesday (February 2).

Eight in ten Romanian car buyers (81%) say they would purchase either a hybrid or electric car the next time they purchase a vehicle (14 points above the EU average), while only 19% would still opt for a petrol or diesel car, in line with a survey by the European Investment Bank (EIB).

Farmexim Group, which includes pharmaceutical wholesaler Farmexim and pharmacy chain Help Net, has put Nikolay Kolev in charge of its operations in Romania.

Four structured products issued by Raiffeisen Centrobank start trading on the Bucharest Stock Exchange, having the shares of real estate developer One United Properties as support, One United said on Tuesday (Feb 1).

Health & fitness chain World Class is opening a new fitness club in a 2,352-square meter space within the One Cotroceni Park project in capital Bucharest.