Forvis Mazars Group, the international audit, tax and advisory services partnership, releases today its annual CEE M&A report, prepared in association with Mergermarket. It reveals that dealmaking in the CEE region suffered a decline in overall deal value, although a marginal rise in deal volume shows the market’s underlying robustness. The Investing in CEE: Inbound […]

A limited-edition hot dog, heart-shaped doughnut, and fruit smoothie – these pink snacks to celebrate Valentine's Day have appeared at froo, a chain of modern convenience stores that loves to surprise and entertain its customers. This is the brand's first Valentine's Day offer, available for both Valentine's Day (February 14) and Dragobete (February 24), Romania's […]

Mantor E2K, a company specialized in industrial and logistics constructions, has appointed Radu Vlad as Business Development Manager. The decision is part of the company's strategy to strengthen its management team and expand its market share locally. In the context of favorable growth forecasts for the industrial and logistics sector in Romania, Mantor E2K aims […]

Invalda INVL Group today announces that it has successfully completed a first closing of its second-generation private equity fund (“INVL Private Equity Fund II”), reaching EUR 305 million and exceeding its target of EUR 250 million. Invalda INVL Group is very active in Romanian market through few of its strategies and with the launch of […]

One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded turnover of EUR 208.5 million in the first nine months of 2024, an 11% year-on-year decrease. This marks the second time in the Company’s history that turnover has surpassed EUR 200 million already within the first three quarters, […]

Tazz, one of the most important delivery platforms in Romania, part of the eMAG group, announces the signing of an agreement regarding the acquisition of its social parts by Wolt, a local commerce platform of Finnish origin with operations in 28 countries. The acquisition is expected to close in the next few months, subject to customary […]

Restart Energy has completed the implementation of a photovoltaic project for Fileca Industry worth more than 300,000 euros. The beneficiary's investment will be amortized in about 4 years.   The project consists of 852 panels located on the roof of the beneficiary's building in Beclean, Bistrița-Năsăud County.   The panels cover an area of 3,500 […]

Mobile Industrial Robots (MiR), a pioneer in Autonomous Mobile Robot (AMR), has launched MiR Fleet Enterprise, a platform that can manage fleets of up to one hundred robots. The new platform is designed for companies transitioning from using a small number of robots to large fleets requiring advanced automation, orchestration and traffic management capabilities. The […]

FlixBus, the travel-tech company operating Europe's largest intercity coach network, announces a significant increase in passenger numbers for the summer season. Between June and September, the company reports a 28% increase in the Bulgaria-Romania region compared to the same period in 2023, with more and more Romanians choosing coach during their vacation. This summer, FlixBus […]

Telekom Romania Mobile recorded 1.951 million Post paid subscribers at the end of the second quarter of 2024, up 4.7% compared with the same period of last year, continuing the trend of subscribers’ base growth since Q4 2020. In the same period, the total customer base stood at 3.60 million subscribers, down 11.4% as compared to same period last […]

Bergenbier S.A., part of the Molson Coors Beverage Company group, one of the most important beer producers in Romania, ended 2023 with a turnover of 907 million lei, an increase of almost 14% compared to the previous year. "For us, 2023 represents yet another validation that the company's strategy, revised and amplified starting from 2020, […]

PeliPartners is proud to announce its role in assisting WDP, one of the largest logistics real estate companies, with a significant acquisition on the Romanian market. WDP's acquisition includes around 135,000 m² of directly yielding assets and 300,000 m² of development potential, representing an investment of approximately 110 million euros. The transaction allows WDP's Romanian […]

Commenting on these results, Christel Heydemann, the Orange group’s Chief Executive Officer, said: “ Orange has had a very good first half with solid results that allow us to confirm the Group’s guidance. These results, which notably include a sharp increase in cash flow, continue to be driven by the remarkable performance of Africa & […]

The management of Goldring, one of Romania's most active brokers in terms of trading volume on the Bucharest Stock Exchange (BSE), aims to register 200 clients for the new Discretionary account service this year and assets of more than RON 50 million. Goldring launched Discretionary account services in 2023, with the first account opened in […]

The international transport and logistics company Gebrüder Weiss is celebrating 30 years of business in Romania this year. Started as a small freight forwarding agency in 1994, the company has undergone an impressive development in three decades and is now a well-known full-service logistics provider on the domestic market. During this period of time, the […]

Restart Energy has completed the construction and installation of a photovoltaic project for Dip&Gip, totaling more than 200.000 €. The investment of the beneficiary will be amortized in about 3 years. The rooftop project has a capacity of 299 kWp and was installed on the roof of a production facility belonging to the beneficiary, located […]

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the lease of a retail space with a gross leasable area of 3,600 sqm on the ground floor of One Gallery building, including terraces and storage spaces. The lease agreement is signed with Tomcat […]

Romania’s Ministry of Internal Affairs, Department of Emergency Situations, has awarded PZL Mielec, a Lockheed Martin company, a contract to procure an additional new-generation Black Hawk® utility helicopter for emergency and firefighting services. This additional aircraft will join Romania’s fleet of European manufactured Sikorsky S-70M Black Hawk utility helicopters, currently providing maritime and land search […]

Brothers Mihai and Sorin Doroftei, known for their gambling business under the Las Vegas brand, have decided to radically change their business strategy. In a major strategic move, the two have sold part of these businesses to focus on investments in renewable energy. Furthermore, the Doroftei brothers are considering the complete sale of the Las […]

TOMMY HILFIGER, celebrated together with international and national media, local authorities and influencers from all over the world the opening of its TOMMY HILFIGER store in Mykonos, Greece. Located in the heart of one of the most popular global summer destinations, the new store effortlessly blends TOMMY HILFIGER’s nautical heritage with the magic of the Mediterranean, offering […]

Deloitte Romania assisted Affidea medical group, one of the leaders in the medical services market, in taking over the Medeuropa network, which provides radiotherapy and chemotherapy services, as well as oncology consultations. The transaction was signed in February 2024 and was completed recently, following regulatory and competition approvals. Through this takeover, Affidea enters the niche […]

TeraPlast SA announces the appointment of Mr. Bogdan Lucian Crăciunaș as the company's Chief Financial Officer, effective from July 29, 2024. Bogdan Lucian Crăciunaș began his career in 2007 and has gained extensive professional experience within two Big 4 financial audit firms. Prior to joining the TeraPlast team, Bogdan held the position of Chief Financial […]

Vascar, a producer of meat products and canned food, is celebrating its 40th anniversary and aims to expand its national presence through Key Account partners. The company ended 2023 with a turnover of 140 million lei, up 10% on the previous year. Exports recorded the highest growth in the last year, due to the positive […]

Pluria, a leading B2B SaaS platform connecting distributed teams with nearby workspaces, has announced its acquisition of Bili, an innovative menu ordering and payment solution. This strategic move underscores Pluria's commitment to enhancing the seamless working experience in flexible spaces. Founded in 2022, Bili, a mobile solution for swift meal ordering and payment, will be […]

Bergenbier S.A., part of the Molson Coors Beverage Company group, continues its expansion in the non-alcoholic beer mix segment and launches Fresh 0.0 Pomegranate and Pink Grapefruit. It is already the fifth assortment of the brand that the company produces in its Ploiesti brewery. "The Romanian consumer has started to look for different tastes, which […]

Sustainability is expected to drive a massive shift for the Chief Financial Officer (CFO) function, which will likely manage more non-financial than financial data in the coming years, as the EU Corporate Sustainability Reporting Directive (CSRD) imposes new reporting requirements for which CFOs are generally appointed responsible, according to the Deloitte “Re/Insurance CSRD benchmark” study, […]

Restart Energy has completed the construction and installation of two photovoltaic projects for Com Divers company, worth over €300,000. The beneficiary's investment will pay for itself in approximately 3 years. The rooftop projects have a combined power of 416 kWp and were installed on the roof of two industrial warehouses belonging to the beneficiary, located […]

Brico Dépôt Romania, one of the main players in the construction and home improvement field and part of the Kingfisher plc group, announces activities recorded in the first quarter of this fiscal year. The retailer's sales reached £63m, up 12.3% on the previous year and up 14.7% on a like-for-like basis at constant exchange rates. […]

Today, DP World opens three major new sites in Romania, providing a significant boost to the country’s growing status as a key hub of European trade and enabling economic growth throughout the region. Constanta, the largest container port on the Black Sea, is now home to two new facilities following a €65 million investment: a […]

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, is pleased to announce that DP World Romania, a global leader in logistics and supply chain solutions, is expanding its business operations within Romania and is opening an office in the prestigious One Cotroceni Park […]

Bozankaya, the rolling stock manufacturer, delivered 18th May, the first tram in yellow colour to the municipality of Timisoara from the batch of 17 signed at the beginning of the year. The value of the project amounts to approximately 33 million euros, around 1.9 million euros per tram. All trams will be delivered to Timisoara […]

Emil Sâncrăian and Bogdan Haș, two former managers in top companies in the pharma and medical device industry, have started a business that will bring new perspectives to the medical industry in Romania. The two entrepreneurs have set up Global Med Care, a project that promises to redefine standards in the Romanian medical field. Focusing […]

The elective assembly of the new Board of Directors of the Italian Chamber of Commerce for Romania, which will remain in office for the next four years, took place on the 23rd of April at the headquarters of Unicredit Bank. The elections took place online, through the Eligo platform, and 63.41% of eligible voters participated. […]

The Polish company SMYK All for Kids, one of the largest retailers in the segment of toys, clothing, shoes and accessories for children, is expanding in Romania with a new store in Pitesti. Therefore, the retailer reaches 32 stores nationwide, thus ensuring a better national coverage. The store in Pitești is the first SMYK All […]

M247 Europe, one of the leading providers of Data Centre and cloud solutions in Romania and present in 26 countries worldwide, announces the prioritisation of investments in equipping data centres with a range of high performance GPU powered servers plus a new range of CPU’s to provide to support the evolution of the digital environment […]

Deloitte Romania assisted AQUILA, leader in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in the acquisition of Romtec Europa, the company that produces car care fluids and aerosols. The transaction, valued at 3.2 million euros, was signed in December 2023 and completed recently, following approval from […]

CBRE Romania, the leader in providing commercial real estate services, launches an analysis regarding the business potential and alternative investment and development opportunities in Timiș County. According to the analysis, Timiș stands out as a vital centre of Romanian agriculture, ranking first in agricultural area with 693.034 hectares and second in organically cultivated land area. […]

By the end of 2024 the stock of modern retail spaces will overpass 4.5 mln. sq. m setting a new record for Romania. Circa 186,000 sq. m could be added to country’s modern retail stock if taking into consideration under-construction projects. The popularity of the specialized format is noticed in the forecasted developments, claiming 95% […]

AeroVacanțe, part of the Aerotravel group, is betting in 2024 on new destinations, more accessible for Romanians, as a result of the growing demand for holidays in new destinations untouched by mass tourism. Thus, the agency introduces for this summer 14 charter flights to Lesbos, the third largest island in Greece, where the costs of […]

In the heart of Bucharest, Romania, a small studio radiates with the warmth of creativity and the vibrant hues of passion. This is where the magic of Cherisse Design comes to life, a brand that has quickly become synonymous with luxury, elegance, and the essence of feminine empowerment. Cherisse is not just a brand; it's […]

Fraud prevention in corporate settings is not necessarily a matter of policies and procedures, but it is about cultivating a culture of integrity and vigilance among employees. According to a survey conducted by the Association of Certified Fraud Examiners (ACFE), 42% of actual fraud cases were discovered through internal reporting systems within organizations, which highlights […]

Mobexpert, the furniture market leader in Romania, expands its logistics and storage operations by leasing 1,400 sq. m within Oresa Industra Park in Iasi, owned by Oresa Industra, the real estate division of the Oresa family office. The Oresa Industra Park in Iasi reached a 100% occupancy as a result of this transaction. Lorena Brehuescu, […]

Symmetrica, the leader of the local market of vibro-pressed products and the largest domestic producer, announces a new investment in the largest factory of concrete pavements in South-Eastern Europe, worth 48 million euros.   "Located in Bolintin Vale - Ilfov, our new prefabricated factory will be a symbol of excellence and technological progress. With an impressive surface and extensive production capabilities, this unit represents an essential pillar in supporting regional growth and development and incorporates new technologies for the Romanian […]

Gebrüder Weiss Romania, one of the main players in the local transportation and logistics solutions market, has achieved approximately 650,000 transports in the 5 years since the launch of the Home Delivery service, marking consistent year-over-year growth. Furthermore, 2023 marked the beginning of a significant social and environmental impact project, involving the delivery with electric […]

SII Romania, a multinational company specialized in software engineering and technology consulting, announces the appointment of a new General Manager – Iulia Surugiu, who has extensive expertise in business operations and management, and over a decade of experience within the company. She takes the lead from Manel Ballesteros, who ran the local branch for the […]

Today, Mobile Industrial Robots A/S (MiR) announces the launch of the MiR1200 Pallet Jack autonomous mobile robot (AMR). With advanced AI pallet detection, powered by NVIDIA Jetson AGX Orin, MiR1200 Pallet Jack uses 3D vision to identify pallets and do pick up and deliver pallets with unprecedented precision. “The MiR1200 Pallet Jack is our latest […]

Telekom Romania Mobile introduces the Buy-Back service exclusively online enabling all customers to unlock value from their old phones in exchange of a voucher that can be used to purchase a new handset. Telekom customers that choose Buy-Back service will enjoy a simple, comfortable, and efficient experience. First step is to fill in the online […]

The new facility of Hexing Technologies Europe SRL, a subsidiary of the Hexing Group and a leading green energy solution provider, set within the thriving Timisoara Airport Park, will serve as a hub of innovation, extending Hexing's digital energy service footprint across Europe. As part of Hexing's long-term vision to build a greener world, the […]

Romanian companies anticipate improvement of macroeconomic indicators such as gross domestic product (GDP), inflation and unemployment, but seem to still adopt a prudent approach as uncertainty remains high, according to the Deloitte 2024 Romania CFO Survey, conducted at the end of last year among over 110 chief financial officers (CFOs) based in our country. Economic […]

The La Cocos local retail chain continues its expansion in Romania by opening a new store in Brasov, its fourth hypermarket in the country, through a transaction brokered by the Cushman & Wakefield Echinox real estate consultancy company. The new store will have an area of approximately 10,000 sq. m, being located in the Brintex-Brașov […]