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SoftOne Romania hits a 52 pct increase in turnover, exceeds 50 pct growth for 3rd successive year

Wednesday, January 31, 2018

The leading Cloud ERP provider SoftOne recorded a strong 52 percent increase in turnover and expects further sales growth and customer base expansion for 2018, business-review.eu informs. SoftOne Romania has evolved to a dynamic hub for all their international customers. During the past year, two new subsidiaries (Bulgaria & Cyprus) were established, both operated and controlled by SoftOne Romania, expanding the international family of the ...

Corporate, self-employed insolvencies up 8.73 pct in 2017

Wednesday, January 31, 2018

 Insolvencies of trading companies and self-employed persons were up by 8.73 percent in 2017 from the year before, to 9,102 units, shows data released on the website of the National Trade Register Office (ONRC).Bucharest tops the list with most insolvencies - 1,988, up 12.25 pct compared to January - December 2016, followed by Iasi County with 583 (+ 11.90 pct) and Bihor County, with 515 (-6.70 pct).Most insolvencies were in wholesale and retail trade, and the ...

Ana Dumitrache joins CBRE Romania as Head of Investment Property

Wednesday, January 31, 2018

CBRE recruits Ana Dumitrache in its Romania management team, as the leader of the company’s investments department. After a successful 2017 at CTP, Dumitrache is going from development to consulting at CBR, business-review.eu reads. With important experience as real estate banker and in the real estate development sector, Ana Dumitrache is ready to add value and substance in consulting services offered by the sales and acquisitions specialist team of CBRE, which has recently ...

LeasePlan opens service center in Bucharest

Wednesday, January 31, 2018

LeasePlan, the biggest operation leasing company in the world, has selected Bucharest to open a new support service center for its European markets, romania-insider .com informs. LeasePlan Service Center, a new company that will operate this service center, was registered at the Trade Registry in December. The company is looking to rent 3,500 sqm of office space, which would allow it to hire some 400 employees, ...

SAS appoints Stefan Baciu as senior sales manager for Romania

Wednesday, January 31, 2018

Analytics software operator SAS has appointed Stefan Baciu as senior sales manager for Romania, business-review.eu informs. Baciu will be responsible for executing the strategic direction and new business priorities of SAS in the markets of Romania and Republic of Moldova. “Stefan’s uniquely broad market expertise is a great addition to SAS and its customers. We look forward to Stefan’s contribution to SAS’ long history of continuous revenue growth and ...

SIXT Group Romania aims turnover growth by 20 pct and over EUR 20 mln investment in all divisions in 2018

Wednesday, January 31, 2018

SIXT Group Romania, one of the top companies in auto industry, aims an increase in the fleet managed in rent a car system and operational leasing system, by 20 percent up to 5,000 cars, and over EUR 20 million investment in all divisions in 2018. For this year the company aims a turnover growth by 20 percent, business-review.eu reads. In 2017 the company registered a fleet of over 4,000 cars and a turnover of over EUR 27 million. In 2018, SIXT Group Romania will continue to ...

VTEX to open Bucharest office in two months, aiming to create regional strategic centre

Wednesday, January 31, 2018

VTEX, global supplier of the eCommerce cloud platform of the same name, with clients such as Sony, Coca-Cola, Danone, Whirlpool or Walmart, has recently announced that it intends to open a Bucharest office as the first regional centre for the expansion in Central and Eastern Europe, business-review.eu informs. The office will be operational in about two months, as announced by Mario Farina, co-CEO of VTEX, during the first edition of the eCommerce Immersion conference that took place ...

SAP Romania doubles its “cloud” team in Timisoara

Wednesday, January 31, 2018

SAP Romania, the local subsidiary of German business software provider SAP, has leased a new floor in the City Business Center office building in Timisoara for its center in Timisoara, romania-insider.com informs. The new team will be part of the Cloud Service Center, which currently has 20 employees and should reach 40 cloud computing specialists by the end of this year. SAP opened its center in Timisoara in 2012 and launched the Cloud Service Center at ...

Purcari Wineries starts EUR 59 mln IPO on Bucharest Stock Exchange

Wednesday, January 31, 2018

Purcari Wineries, one of the biggest wine producers in the Republic of Moldova, starts its initial public offering (IPO) on the Bucharest Stock Exchange this Monday, romania-insider.com reads. The company’s shareholders will put up for sale 9.8 million shares representing 49% of its capital. The price interval is RON 19 to RON 28 per share, which means that the Purcari shareholders will get between EUR 40 million and EUR 59 million from this ...

Telekom Romania to end collaboration with Posta Romana for invoice payment service

Wednesday, January 24, 2018

Telekom Romania announces termination of the contracts with the Romanian Post (Posta Romana), starting February 1, for the payment invoices related to mobile and fixed services contracts, as a result of Romanian’s Post non-observance of the contractual obligations, business-review.eu informs. The customers of Telekom Romania benefit of the more than 40,000 points of payment (own shops network, retailers network, partner banks, ATMs and cash ...

Gabriel Cernica appointed general director of Cegedim Customer Information and Cegedim Rx

Wednesday, January 24, 2018

Gabriel Cernica has been appointed general director of Cegedim Customer Information and Cegedim Rx starting February 1, currently being executive director of Cegedim Rx. Anthony Cercleux will be the general director of Cegedim Service Center, currently executive director of Cegedim Service Center, business-review.eu reads. Petru Craciun, the current general director of Cegedim Customer Information and Cegedim Rx Romania, decided to resign after 24 ...

Coldwell Banker Romania appoints new CEO

Wednesday, January 24, 2018

Real estate consultancy Coldwell Banker Romania said on Tuesday it has named Bogdan Voica as its new CEO, seenews.com informs. Voica, 40, has over 15 years of experience on the local and regional market and has collaborated, as an employee or an independent consultant, with global real estate leaders such as Jones Lang LaSalle, John Taylor, Globalworth, Skanska Commercial Development and NEPI Rockcastle, Coldwell Banker said in a press ...

German DIY chain Hornbach to open online store in Romania

Wednesday, January 24, 2018

German do-it-yourself (DIY) chain Hornbach said on Monday it will open on January 23 an online store in Romania with over 27,000 products available, seenews.com informs.By the end of 2018, over 80% of product stock in the Romanian stores will be available online, Hornbach said in a press release. "In the context of technological change, the use of the online environment helps us to be closer to the needs of our customers. Thus, opening the ...

Entersoft Romania had 10 pct growth in turnover in 2017

Wednesday, January 24, 2018

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Entersoft Romania has achieved a 10 percent growth in their turnover in 2017 compared to the previous year, while profit increased by two percentage point, business-review.eu reads. The 2017 growth was generated by the projects developed with new clients, by participating in international applications, along with teams from other countries, as well as through extending projects from existing Romanian clients. There were over 20 percent more projects ...

Competition Council fines 2 more companies in the field of electricity measurement by EUR 1.1m

Wednesday, January 24, 2018

The Competition Council has fined three companies by over RON 4.947 million (about EUR 1.1 million) for an agreement aimed at limiting the sale of TR2520A electricity measuring transducers on the territory of Romania, according to a press release issued by the institution cited by romaniajournal.ro. The three companies sanctioned are: ARC Bra?ov (fined by RON 409,837.36); Dragonet Technologies Inc. USA (by RON 687,323.08) and GMC-I Messtechnik GmbH ...

Scottish-based company opens Bucharest customer contact center

Wednesday, January 24, 2018

Ascensos, a Scottish-based contact center management specialist, has opened a customer contact center in Bucharest, romania-insider.com reads. This is Ascensos’ sixth location, alongside three contact centers in Scotland, one on the Isle of Wight, and operations in Boxtel, in the Netherlands. Ascensos first established its operations in Bucharest in 2016, after the acquisition of ...

Bulgarian, Romanian enterprises among least active on social media in EU – Eurostat

Wednesday, January 24, 2018

Around one-third of enterprises in Bulgaria and Romania used social media in 2017, which is among the lowest shares in the EU, Eurostat said on Friday quoted by seenews.com. Some 34% of businesses in Bulgaria and 35% in Romania used social media in 2017, Eurostat data showed. Just two other EU member states recorded a lower share in 2017 - Latvia and Poland, with 30% and 27%, respectively. Among EU member ...

Romanian wine company boasts export increase

Wednesday, January 24, 2018

Romania wine company Cramele Recas, has reported an 18% increase in UK exports in 2017 and expects to export 10 million bottles in 2018, talkingretail.com reports. The company claims that Romanian wines will benefit retailers by offering “well-made, affordable wines at a time when European wines are under pressure from the euro and have reduced availability due short harvests.” Cramele Recas is also planning to ...

BAT’s Ploiesti plant could be candidate for new Glo production

Wednesday, January 24, 2018

Romania is the first EU market where British American Tobacco (BAT) launched its next generation product called Glo in December and the company might consider its plant in Ploiesti for the production of this new range, business-review.eu inorms. In Ploiesti, BAT has already moved part of the production from other markets and invested EUR 60 million in 2017. Romania was also the first country where BAT launched its hybrid product iFUSE and in Ploiesti ...

Laurentiu Lazar promoted as managing partner at Colliers International Romania

Wednesday, January 24, 2018

Laurentiu Lazar, senior partner of Investment and Valuation Services, will take over as the new managing partner of the real estate consultancy company Colliers International Romania, effective as of March, business-review.eu reads. Ilinca Paun, the current managing partner, will remain member of the board and will focus on her activity at Entrepreneurship Academy, where she will operate as CEO. Lazar is senior partner and director of the valuation an ...

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