23 dec 2024

2024 has proved to be a complicated year for the entire economy and the recruitment sector has felt the pressures. Next year will bring stagnation on Romania recruitment market, believes Andrei more

7 oct 2024

TeraPlast group will use the money raised from the share capital raise to fund its development plans and support current activity, maintains Alexandra Sica, IR & sustainability manager at TeraPlast. more

27 sep 2024

Heineken Romania, the second largest brewer locally, has in 2024 started Strongbow cider production at Miercurea Ciuc plant, according to the company’s officials. more

30 iul 2024

Private school Mark Twain International School will in 2024 start building a Flagship Campus in the area of Balotesti, which will be able to accommodate between 800 and 1,000 students. This is due to more

21 iun 2024

The Government has approved the law on setting the EU adequate minimum wage. The bill will go to Romania’s Parliament next for expedited adoption, the Labor Ministry said. more

20 iun 2024

Intrakat, the Greek group that bought builder Aktor, has energy projects, as well, in its investment plan for the Romanian market. The entry of the PPC Group in Romania, following takeover of Enel’s more

23 mai 2024

The gross minimum wage will rise to RON3,700 from 1 July, Prime Minister Marcel Ciolacu announced after Thursday's meeting with the National Tripartite Council for Social Dialogue. more

3 apr 2024

eMAG, a major player on the online retail market in the region, ended fiscal year 2023, which closes for the group on March 31, 2024, with a two-digit increase and its representatives expect the same more

23 nov 2023

Eduard Alexianu, commercial manager at Merlins Beverages, the producer of Vitamin Aqua and Limonade, says the company has sealed an international partnership and started selling abroad. more

17 nov 2023

Paint producer Evolor, part of ROCA Industry portfolio, plans to expand to other countries in the region after having starting exporting to the Republic of Moldova this year, according to its CEO, more

10 nov 2023

The average number of employees in the local services outsourcing industry went up by 10% in 2023, salaries increased by 9% and the personnel turnover rate dropped to 14% in the first half of this more

28 sep 2023

Local startup Youni, which develops the platform of the same name for pupils who want to study at universities abroad, will open its second education hub of Romania, in Craiova. more

25 sep 2023

North Star Support Group (NSSG), a Romania-based risk management services provider with global operations, has received a capital infusion from Avante Corp (Avante), a Canadian security services more

7 apr 2023

More than 100,000 foreigners work in Romania, with most of them coming from Bangladesh, Nepal and Pakistan. more

14 mar 2023

Car parts producer Hella Romania, the local subsidiary of German concern Hella, is investing EUR20 million in the new unit of Ghiroda, Timisoara, an investment due to be tripled for the acquisition of more

19 ian 2023

The year 2023 will be less dynamic in the Romanian M&A market, but it will still be a good year, according to Bogdan Vaduva, partner, deputy head of advisory at KPMG. more

18 ian 2023

Birth rate decline has become one of the most obvious problems Romania is currently coping with. more

9 nov 2022

Peter De Boer, a member of the managing board of DN Agrar Group, made up of 15 companies with a total of 10,000 bovines and working 10,000 hectares of land, says the group’s intention had been to more

1 nov 2022

The number of employees in Romania’s outsourcing industry has increased by almost 30% in the past three years, to more than 230,000 persons, in line with data included in the annual report of the more

22 aug 2022

The number of job vacancies in Romania increased by more than 16% in the second quarter of 2022 compared with the year-earlier period, going from 39,504 to 45,976, National Statistics Institute data more

1 iul 2022

Avincis wine maker of Dragasani vineyard area saw tourism reach a 30% weight in total turnover in 2021. more

17 iun 2022

Cigarette and vaping products manufacturer Philip Morris will invest $100 million in 2022-2023 to develop the production capacities for smoke-free products in Romania and reduce the impact over the more

23 mai 2022

2021 was the best of the past five years for Romania’s M&A market in terms of the number of sealed deals. more

28 apr 2022

Laurentiu Ciocirlan, managing partner of investment fund EquiLiant Capital created by Paval brothers, the owners of Dedeman, Romania’s most powerful entrepreneurial business, states the fund wants more

1 dec 2021

Cristina Batlan, founder of Musette brand, a major player in Romania’s footwear sector, with production and retail activities, states that the company is still in dire need of personnel, both more