Romania Feed

Cristian Taban, chief executive officer of Dent Estet, established leader on Romania’s dental services market and part of MedLife group, says 2022 development plan includes the company’s entering at least three cities in Romania with new clinics.

Centrul Medical Provita, founded by doctor Ovidiu Palea, is carrying out its first investment outside Bucharest, the market it has so far grown on, and is set to open a pain therapy center in Suceava this spring.

The net assets of the 234 domestic and foreign open-end and closed-end investment funds operating in Romania grew by 4.7% in December 2021, to RON53.7 billion (EUR10.8 billion), and by 20.7% in 2021, the Association of Fund Administrators said Friday.

CEOs in Central and Eastern Europe (CEE), including Romania, are now looking to markets closer to home for potential expansion and growth opportunities, according to PwC’s CEO Survey 2022 for the CEE region.

Shareholders of regional investment fund SIF Transilvania (SIF3.RO) decided on Friday (Jan 28, 2022) to change the company’s name to Transilvania Investments Alliance, in line with a stock market report.

Romania ranks among the last European Union Member States regarding the minimum wage in January 2022, data from Eurostat, the statistical office of the European Union, showed on Friday.

Romania's general consolidated budget posted a deficit of almost RON80 billion in 2021, or 6.72% of the gross domestic product (GDP), versus 7.1% as projected at the last budget revision in 2021, finance ministry data showed Friday (January 28).

“What an original stroke, don’t you think? Look at that P…it looks elastic, like rubber”. These are the words that launched the celebrations of 150 years of Pirelli, with the direction of the Piccolo Teatro of Milan where a theatrical story brought together testimonials, voices and images to represent a history of industry, culture, tradition, […]

In going about our day-to-day tasks, we rely on our ability to move from one point to another, We humans must move around to survive, without movement, we would not be able to get to work, purchase groceries and toiletries or even go to important places.    Most of this problem can be solved by […]

The major online recruitment platforms in Romania have announced that most companies will maintain, in 2022, the extra-salary benefits offered to employees, to ensure their loyalty and motivation. Businesses will even extend their options from meal, gift, holiday, and culture vouchers (the most desired extra-salary benefits by employers and employees) to flexible benefits.   Up […]

It is not what you say but how you say it – it is a timeless aphorism that is true even in today’s fast-paced workplace environments. It might sound harsh, but 86% of executives and employees cite ineffective communication as the cause of business failures. In other words, effective communication has the power to separate […]

CEOs in Central and Eastern Europe (CEE), including Romania, are now looking to markets closer to home for potential expansion and growth opportunities, according to the CEO Survey 2022 for the CEE region. Germany has increased its lead at the top of key markets list by 10 percentage points since the 2021 survey, with 38% […]

Abris Capital Partners, the Central European private equity investor, has signed an agreement to acquire Dentstore, one of the leading distributors of dental consumables and equipment in Central Europe. The acquisition is Abris’ third in the sector, following its investments in Dentotal in November 2019 and Dentatechnica in November 2021. The agreement is conditional upon […]

The year that has just begun heralds a significant challenge for the brand-consumer relationship, in the context of major changes in the mindset and consumer behavior. For the third year in a row since the outbreak of the most powerful contemporary global event, the pandemic, the communications industry and its tools need to be reinvented, […]

Mihaela Antonescu, currently Chief Operating Officer at Wavemaker, is preparing to take over the role of CEO of the agency, starting April 2022. The position was covered, during the past 8 years, by Oana Pădure. By Romanita Oprea   Mihaela Antonescu is one of the most experienced and well-trained people in Wavemaker, she has been […]

The Metaverse, a virtual world in which users can move as avatars and interact with others, has become a hot topic beyond the traditional base of computer gamers, with tech giants like Facebook rebranding and investing massively to secure their place in the brand new universes. Market commentary by Bogdan Maioreanu, eToro analyst for Romania   […]

RTPR has assisted private equity fund SARMIS Capital in relation to the acquisition of a majority shareholding stake in Smart ID Dynamics S.A., an important provider of highly customised end-to-end automation solutions for intensive business environments, leader in the Romanian IT industry. Established in 2019, the local independent private equity fund SARMIS Capital is dedicated […]

Filbo, a fintech platform for small entrepreneurs, held by the company OMRO, has attracted RON10 million from investors through a bond issue brokered by Goldring.

Law firm RTPR has assisted private equity fund SARMIS Capital in relation to the acquisition of a majority stake in Smart ID Dynamics, a provider of software and hardware solutions, with a turnover above RON85 million in 2021.

Brick Romania, a local DIY and home improvement retailer based in Constanta, wants to expand across Romania, including in capital Bucharest.