Latest news

Wednesday, 24 July, 2024

11:34
Packeta Romania expands its network of online stores and partner sellers to over 1,800
Additionally, nearly a quarter of the total online stores and partner sellers now deliver products outside of Romania.

Tuesday, 23 July, 2024

11:09
Saint-Gobain's new plasterboard plant in Turda is 100% operational
The production line includes a grinding-calcinating plant, a plate forming, drying and stacking line, the associated technical installations occupying an area of 14,000 sqm.
10:48
Fashion brand LPP sings deal for new e-commerce facility at CTPark Bucharest West
PP's total footprint at the Park to around 90,000 sqm with the new facility comprising 40,000 sqm with the remainder of the building being used as an LPP distribution centre.
10:37
Deloitte launches an AI and data accelerator program with Amazon Web Services
Through this collaboration, companies in Romania will have access to an Innovation Lab and to funding to explore emerging technologies such as Generative AI.
09:37
HiSky announces over 40% more passengers in H1 2024
A significant impact on the company's growth was also due to the inauguration of direct long-haul flights on the regular Bucharest – New York route.
09:08
Garanti BBVA Leasing secures €10 million loan from EBRD to support SME development
Under this new agreement, 30% of the funds will be directed to projects supporting the transition to a green economy.
09:02
Flanco relocates to SkyTower Bucharest, Romania's tallest building
This move represents a strategic step towards providing employees with a modern, comfortable working environment in a multi-purpose building that offers top-tier facilities.
08:57
Nobis Group develops €28 million villas project in Pipera
Nobis Gardens is a luxury residential project, comprising only villas, where the first phase will be delivered by the end of 2024, and the second phase in mid-2025.

Monday, 22 July, 2024

20:27
InstaSun - 100% Romanian invention valued at €4 million just 2 years after launch
The invention is a device that automatically and evenly applies sunscreen oil with different protection factors all over the body in just 7 seconds, with the touch of a button.
20:11
Early Game invests €1 million as pre-seed investment round in CogniSync
CogniSync is developing a new tool for optimizing workflows as companies and teams scale by surfacing internal best practices and revealing potential misalignment with compliance.
20:05
Communication of bond issuers, evaluated based on new VEKTOR by ARIR Bonds
The evaluation of all issuers on the Main Market will be conducted for the first time for the year 2025, for bonds in the market, with results published in January 2026.
19:53
RE/MAX Romania expands with 5 new franchises in key cities
he new offices, located in Bucharest, Brașov, Sibiu, Constanța and Baia Mare, are led by leaders with ambitious visions.
19:46
Eight Romanian companies included in latest Deloitte EMEA Technology Fast 500
Redbee Software, ranked 65th in Deloitte EMEA Technology Fast 500, specializes in web and mobile software solutions leveraging cutting-edge technologies.
19:40
From PC components to AI: Accenture prepares Romanian youth for digital world
This year, the program reached over 1,110 children, aged between 9 and 14, from 47 schools.
19:02
Global Vision launches its own investment platform
Global Vision's joint venture with Globalworth completed the divestment of 136,374 sqm of leasable area and a plot of land in Constanta.
18:44
Romanian startup Dwellii launches premium turnkey modular homes
The homes currently in Dwellii's portfolio range in size from 52 to 70 sqm, and after assembly, the client can move in immediately.

Friday, 19 July, 2024

09:12
Alpha Bank Romania launches "evrixa!", a new brand that includes Orange Money
Alpha Bank Romania announces the re-launch of the application, products and services taken over from Orange Money Romania.
08:48
CEC Bank continues digitalization and implements a new functionality for companies
Specifically, with this functionality, the ID images retrieved through the CEC app are automatically forwarded for processing for remittance for cashing.
08:40
Romanian banks accelerate digital transformation and boost efficiency with fintech solutions
Fintech solutions are currently the main driver for the development and differentiation of the offer of financial-banking institutions in an increasingly competitive and dynamic market.
08:31
Fondul Proprietatea deeply concerned on irregularities in selection of CNAB Board of Directors
According to the Fund's asessment, the selection process did not abide to the provisions of the corporate governance legislation,  and failed to produce  suitable candidates.
08:24
Retele Electrice companies loans RON 1 billion from a consortium of banks led by EBRD
The total value of the investment projects that will be financed including with the help of the mentioned credits is RON 1.44 billion.

Thursday, 18 July, 2024

13:48
HILS Development becomes official partner of Dinamo 1948
Through the new partnership, HILS Development is supporting one of Romania's most beloved sports and helping to build the success of a legendary team, Dinamo 1948.
13:39
Goldring: We aim to manage assets of over RON 50 million in 2024 for Discretionary account
Target: 200 clients for the Discretionary account in 2024 and 500 by the end of 2025.
11:19
CTP completes first phase of CTPark Arad West, 23,000 sqm delivered
The newly completed 12-metre-high space is leased by companies such as Leoni Wiring Systems Arad, Delfingen, HUF Romania and BNB.
10:59
VGP Park Bucharest North welcomes DHL Express to its new logistics center
The space rented by DHL Express in VGP Park Bucharest North will be used for sorting and processing the shipments arriving by air.
10:40
Personal development or nutrition workshops are highly appreciated by employees
The budget allocated for these actions can reach up to €10,000 per year per building, an amount which has a minor impact on the owners' rental income.
10:33
Nusco Imobiliara announces sales over 75% of Nusco City second phase
Nusco City - the largest urban regeneration project in the North of the Capital - has reached a 75% sales rate for the second phase.

Wednesday, 17 July, 2024

16:32
certSIGN has provided encryption solutions to EU Agency for Space Programme
The project was awarded to certSIGN following a public tender organized at the end of 2022 and it is valued to approximately €2 million.
16:17
Pepco Study: Romanians spends an average of RON 70 per shopping session
About 62% of the customers visit the store at least 2–3 times a month, the highest percentage of all countries where Pepco is present.
15:59
Metropolitan Life earns 2024 “Great Place To Work” Certification
MetLife Group has been Certified as a Great Place to Work in all 21 markets that participated in the June survey.
15:47
.lumen raises €5 million for its Glasses for the Blind
In a transformative leap from local innovation to global sensation, Romanian startup .lumen is on a mission to restore mobility to the blind and visually impaired.
13:34
Modern system implemented in the Delayed Coking Unit at Rompetrol Rafinare
The project, implemented during the turnaround, involved replacing the system with a state-of-the-art one, fully automated.
13:17
North Bucharest Investments records 30% more transactions in H1 compared to entire 2023
The value of realized transactions reached approximately €63 million, an increase of 35% on the total amount for the same period in 2023.
11:11
Israelis and Romanians generates 44% of revenues registered by Hotel Cismigiu
The revenues of the hotel owned by Hercesa Romania increased by 3% in the first six months of this year, and the occupancy rate reached 76%.

Tuesday, 16 July, 2024

19:43
Dino Parc Râșnov, ranked 3rd in Europe among the most popular amusement parks
Since its launch in 2015, Dino Parc Râșnov has captured the hearts of families with children, quickly becoming their favorite destination.
19:01
RetuRO opens its 5th counting and sorting center in Bacau County
The new centre integrates state-of-the-art equipment to ensure an efficient sorting and counting process for all types of packaging enrolled in the Deposit Return System.
13:23
Romanian utility tackles water losses with advanced data analytics
ApaVital S.A. to Optimize 4,000 Kilometers of Pipeline to Protect Water Supply for 500,000 People in Iasi.

Monday, 15 July, 2024

21:54
EIB Group cohesion finance reaches record high, bringing opportunity where talent is
Nearly half of EIB Group lending and investments in European Union last year went to cohesion regions, according to new report.
10:56
VGP hands over warehouse to Continental Tires Timisoara in VGP Park Timisoara
The building has been designed sustainably and aims for the BREEAM Excellent certification.
10:50
Lummus and MOL Group begin execution on Advanced Waste Plastic Recycling plant in Hungary
The first plant, which will be located at MOL Petrochemicals Co. Ltd. in Tiszaújváro, Hungary, will have a processing capacity of 40,000 tons of mixed waste plastics per annum.
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