Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS

Subscribe|Login

Companies

ClusterPower inaugurated an investment of 40 million euro in Dolj  

Wednesday, October 20, 2021

211020120228clusterpower_foto_rotsa.ro_.png

The Romanian company ClusterPower inaugurated an investment of almost 40 million euro in Mischii, Dolj county, in a technological partk where five centres of data, a unit of electricity unit necessary for the consumption of the whole campus will be built.   ClusterPower builds next to Craiova an infrastructure of Artificial Intelligence one-stop-shop, the biggest in Romania and in the region through which they will create ...

ROCA Investments takes over Sarcom integrally, one of the biggest producers of dyes and varnishes in Romania

Wednesday, October 20, 2021

ROCA Investments, part of Impetum Group, announced on Monday the signing of the contract of sale-purchase for the integral takeover of the company Sarcom, one of the biggest producers of dyes and varnishes in Romania and producer of dye brands Sticky and Coral. The trading is under approval of the Competition Council.   The Sarcom company was set up and owned by two brothers of 66 and 62 years old, who wanted that Sarcom ...

Aegean Airlines increased to 51% its share in the Romanian airline company Animawings

Wednesday, October 20, 2021

The Aegean Airlines company extends its share to 51% from the capital of the airline company Animawings from 25% previously, the rest of the shares being controlled by Memento Group, announced on Wednesday the businessman Cristian Pandel, the owner of Memento Group.   Memento Group owns the tour operator Christian Tour, being one of the seven business lines. The airline company Animawings inaugurated ...

Sarmis Capital Invests In Corporate Office Solutions – COS

Wednesday, October 20, 2021

211020120345sarmis_capital.jpg

SARMIS Capital, the largest private equity fund dedicated to Romania and  neighbouring countries, has acquired a significant majority stake in Corporate Office Solutions (COS), the leading integrated office fit–out services provider in Romania, for an undisclosed amount. SARMIS is partnering with Christophe Weller, the CEO and founder of the company, supporting ...

AROBS raised RON 74.2 M from investors

Wednesday, October 20, 2021

AROBS Transilvania Software (stock symbol AROBS), a Romanian IT company, announces the successful closure of the largest private placement in the history of the AeRO market by raising 74.2 million lei from investors. The company intends to float the shares on the AeRO market of the Bucharest Stock Exchange in the coming weeks.   “We welcome the new investors in the AROBS team, and we are looking ...

On its 15th anniversary, Somfy Romania reaches record sales

Wednesday, October 20, 2021

Somfy Romania, leader in providing automated control systems for shading and access technology in homes and commercial buildings, but also a key player for smart home solutions, celebrates 15 years of existence on the local market and announces business increasing by more than 40% for the first half of this year, compared to the same period of last year. For the next year, the financial forecasts place the business at over 20 million ...

New strategy and a renewed team for Sonae Sierra

Wednesday, October 20, 2021

Sonae Sierra’s new strategy focuses on the real estate investment management business and on the development of differentiating sustainable urban projects for integrated uses (residential, offices, commercial and leisure). In support of the new strategy, the Company has renewed its Executive Committee, complementing its expertise in the real estate and investment management sectors with digital know-how, and creating a Transformation ...

More than 567,600 women shareholders or business associates in Romanian companies as of end-August

Wednesday, October 20, 2021

The number of women shareholders or business associates in Romanian companies was 567,626 as of end-August, accounting for 36.98 percent of the country's total number of shareholders or associates, shows data with the National Trade Registry Office (ONRC).Male shareholders or associates with the 1,086,496 companies operating in Romania as of end-August stood at 967,171, accounting for 63.02 percent of the total 1,534,797 business associates/individual ...

Ten-fold drop of profit of companies on gambling market in Romania

Wednesday, October 20, 2021

211020120532stock_photo_man_watching_football_online_broadcast_on_his_laptop_and_celebrate_victory_in_betting_at_bookmaker_1909044553.jpg

The profits recorded by the companies that are active on the gambling market in Romania have decreased ten-fold, down to the value of 187 million RON, in 2020, from over 1 billion RON, the year previously, shows an analysis conducted by the specialists of the termene.ro specialty platform.At the same time, the local gambling market recorded a decline of approximately 50 pct, superior as a share even to the HoReCa industry, which only contracted 30 ...

CHEP appointed Gabriel Ivan as Country General Manager for Romania & Bulgaria

Wednesday, October 20, 2021

The logistics group CHEP, leading pallet pooling supplier for the European supply chain, announces the appointment of Gabriel Ivan as the Country General Manager for Romania and Bulgaria after three years of his success in leading the development of the local subsidiary.   In this expanded role, Gabriel Ivan will help advance supply chain collaboration and optimization across Bulgaria, as well as accelerate the ...

3,612 newly set up foreign capital companies, registered in first eight months of 2021

Wednesday, October 13, 2021

211013113228stock_photo_young_stock_trader_shows_to_the_executive_managers_cryptocurrency_and_trade_market_correlation_1031044285.jpg

The number of foreign capital start-ups established in Romania increased in the first eight months of 2021 by 44.8%, to 3,612 units, compared to the same period in 2020, according to data centralized by the National Trade Register Office (ONRC).The 3,612 new companies had a paid up share capital of 28.241 million US dollars, more than twice as much as that of the companies registered in January-August 2020, of 13.032 million US dollars.In August, were ...

Survey: 44% of the managers estimate the economy will recover from the pandemic’s impact in 12-24 months

Wednesday, October 13, 2021

The consulting company Valoria has conducted a survey that probes the perspective of managers and executives regarding the situation generated by the COVID-19 pandemic in Romania. According to the answers to the questionnaire applied in September 2021, during the fourth wave of the pandemic, 78% of companies consider that the situation generated by the pandemic in Romania is critical and very ...

Fintech Revo Technologies becomes a GoMag partner

Wednesday, October 13, 2021

Fintech Revo Technologies that introduced its Mokka Buy Now, Pay Later service in Romania earlier this year has announced its partnership with GoMag, the most appreciated e-commerce platform in Romania, that supports the work of more than 2,250 ...

Endava opens a new office in Bucharest

Wednesday, October 13, 2021

211013113315endava.jpg

Endava, the British software company with over 3000 employees in Romania, of which over 1000 in Bucharest, has opened its new offices in the U-Center complex located on Calea Serban Voda, near Parcul Tineretului in the capital. The official opening was held in the presence of the company’s CEO, who announced revenues of £446.6 million in the 2021 fiscal year, up 30.4% compared to the previous year.   The offices ...

Vodafone Business extends digitalization support for SMEs

Wednesday, October 13, 2021

Vodafone Business continues its promise to support small and medium businesses in their effort to adopt new technologies and digital solutions and extends the options offered through V-Hub, which now enables the free testing of these ...

Bogdan Putinica is the new General Manager of Microsoft Romania

Wednesday, October 13, 2021

  Microsoft announces the appointment of Bogdan Putinica as General Manager for its Romanian operations, effective November 1 of this year.   Bogdan Putinic? joins the Microsoft Romania team from the position of Senior Vice ...

Verifone company wants to hire 100 more specialists in Bucharest office

Wednesday, October 13, 2021

211013113422v240m_3200x1800.png

Verifone Romania, a fintech of complete payment and trade solutions at global level, announced on Wednesday that it would extend operations in Bucharest. The company intends to hire 100 specialists next year in the fields: Software, Product Management, Digital Sales, Customer Support and Finance.   “Verifone Romania, a fintech of complete payment and trade solutions at global level, announced on ...

Luxoft Romania plans to hire another 150 by year-end

Wednesday, October 13, 2021

Luxoft Romania, a software development and IT solutions companies in Romania, reached 2,000 employees in Bucharest and across the country, out of which almost 500 have chosen to work exclusively from home. By the end of the year, the company plans to recruit an additional 150 employees.   Luxoft Romania is one of the first companies on the local market which implemented a 100% remote working system for ...

Romstal Group's majority shareholder finances Romanian company Sypher with 100,000 euros

Wednesday, October 6, 2021

211006111950romstal_official_logo.png

The investment is part of the financing round announced by Sypher in September.  Sypher will use the investment raised in this round to accelerate its growth in France, UK and Germany.  Sparking Capital is lead investor and will participate with ...

EBRD extends EUR 10 mln financing package to biggest RO FMCG distributor Aquila

Wednesday, October 6, 2021

The European Bank for Reconstruction and Development (EBRD) and Romanian FMCG transporter Aquila have agreed to the terms of a EUR 5 mln loan extended by the bank along with an option to buy shares of up to another EUR 5 mln from the group's founders - C?t?lin Vasile and Alin Dociu.   The financing package thus amounts to EUR 10 mln. The proceeds from the loan will ...

Premium News

Daily

Thursday, October 21, 2021

Financial & Banking

Monday, October 18, 2021

Economic

Tuesday, October 19, 2021

Companies

Wednesday, October 20, 2021

Energy & Environment

Thursday, October 21, 2021