Romania Feed

Spanish developer Gran Via Real Estate announces results beyond expectations for 2020 on the Romanian market. Despite two months of lockdown measures due to the pandemic, the company traded 478 residential units, with a total value of EUR 44.2 million, in projects such as Timișoara 58 (phase IV and the last in the development), Aviației […]

Most analysts polled by CFA Romania estimate the inflation rate will grow to an average rate of 2.64% in the next 12 months and see the leu depreciating to an average of 4.98 units to the euro.

Accelerated investment in upskilling and reskilling of workers could add at least $6.5 trillion to global GDP and create 5.3 million new jobs by 2030, according to the “Upskilling for Shared Prosperity” report launched by Pwc and the World Economic Forum.

The last couple of months showed a very dynamic economic, social and geopolitical landscape worldwide, driven by the pandemic and its long-lasting effects. This increasingly volatile context, that we are all facing, translated into higher risks and unpredictability for both people and organisations. At the same time, looking at where we are today, I am […]

300% higher sales of ATVs, motorcycles, but also scooters, ski jets and accessories in 2020 compared the previous year, ATVRom states. One in 3 customers financed their hobby during the pandemic through the TBIPay solution, which offers 100% online access to loans, with approval in just 10 minutes, minimal documents and no visits to the […]

Romania's financial supervisory authority has fined members of the management and supervisory boards of City Insurance, the biggest insurance company on the local market, a total of RON3.8 million.

Discount retailer Penny will continue to hire in 2021, as a result of store chain expansion and the development of a new warehouse.

The largest Romanian owner of office space, Liviu Tudor, is consolidating his position in the west of Bucharest after buying the former mattress plant Victoria site from businessman Dragos Bilteanu, real estate market sources say.

Romania's finance ministry on Monday raised 508.8 million lei (EUR104.2 million), slightly above the RON500 million level planned, selling bonds maturing in October 2034, at an average yield of 3.27%, central bank data showed.

Whether you’re a business student, have just graduated, or are tired of your career, you might want to start a business in Canada. Luckily, Canadian markets have a lot of potential for business graduates and can help you in your entrepreneurial ventures.    Despite all such perks, setting up a business in Canada is a […]

Bolt, the leading European mobility platform, launches Bolt Franchise to bring affordable, convenient and responsible urban transport and delivery services to more customers worldwide. The new franchising programme aims to further accelerate Bolt’s growth by expanding outside its core markets in Europe and Africa, to regions like Latin America and Asia. Bolt is the first […]

Fondul Proprietatea (“the Fund”) celebrates the tenth anniversary of its listing on the Bucharest Stock Exchange. The decade marks a period in which Fondul Proprietatea has contributed enormously to the development of the Romanian capital market, improving continuously the corporate governance standards in SOEs and making constant efforts to create value for its shareholders.   […]

Alina Marulis, an entrepreneur from Bucharest, is investing 10 million euros in a boutique project of 12 villas, at the edge of Băneasa forest, near the American school. The project will take place in three phases: construction for the first three villas has begun and reached ground 0, while the entire project will be delivered […]

In 2020, the future of technology arrived faster than anyone could have predicted. So, as we look to 2021, trends we might have projected for 2024 are accelerating to the near horizon.   Countless technology initiatives and innovations promise big changes in the new year. And as the pandemic revealed, being prepared for the unexpected […]

The HR industry changed a lot in 2020 as the new pandemic context brought new challenges, but skillful HR managers successfully overcame those and transformed their companies’ approach to employee retention, engagement, retention, or satisfaction among others. We featured all this in the exclusive HR Spotlight Interviews, in which we talked to several top HR professionals, but now, […]

Capital city of Bucharest registered 15,251 jobless people (of whom 8,167 women) at the end of December 2020, taking the unemployment rate to 1.28%, lower by 0.78% compared with November, according to data from the Bucharest Municipal Employment Agency.

An initial public offering of a minority stake in Romanian state-owned hydropower producer Hidroelectrica could take place towards the end of 2021 in the best case scenario, company CEO Bogdan Badea said Monday.

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei contracted before May 2019, fell to 1.58% a year on Monday (Jan 25), the lowest level since September 29, 2017, per central bank’s aggregate data.

Every business owner wants to attract as many new consumers as possible. It’s the only way to maintain their business effectively. The whole point of it is for customers to choose you over the competition. You want your potential buyers to follow you on every social media platform you have, to frequently visit your website […]

Vodafone announced Monday an investment of €20 million by the Vodafone Foundation to expand digital skills and education programs by funding local initiatives in Albania, Czech Republic, Germany, Greece, Hungary, Ireland, Italy, Luxembourg, Netherlands, Portugal, Romania, Spain, Turkey, a