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Today Thursday, February 2, 2023 in the Romanian Newspapers



OMV Petrom ends 2022 with 10.3 B RON in profit
In 2022, the OMV Petrom Group recorded a net profit of 10.3 billion lei, 260% higher compared to the previous year, according to the unaudited financial results submitted to the Bucharest Stock Exchange on Thursday. “The year 2022 was an unprecedented year for the energy industry, with energy (...) Feb 2, 2023
 





Speedwell Gets EUR24.3M Loan From BRD To Erect Two New Residential Buildings In Timisoara
Belgian real estate developer Speedwell has contracted financing worth EUR24.3 million from BRD Groupe Societe Generale in order to construct two green residential buildings in Romania’s western (...)
Feb 2, 2023

 
Sphera Franchise Group Appoints Andrada Busuioc As Communications Manager
Sphera Franchise Group (SFG), the franchise operator of the KFC, Pizza Hut and Taco Bell restaurants in Romania, and of KFC units in Chisinau (Republic of Moldova) and Italy, has appointed (...)
Feb 2, 2023

 
JYSK Seeks To Open At Least 15 Stores In Romania In 2023
Scandinavian furniture and home products retailer JYSK continues its expansion in Romania as it plans to open at least 15 new stores and to also refurbish at least 13 older units in (...)
Feb 2, 2023

 



DNA’ Bologa: 72 pandemic related files sent to court, 90 other still in progress
The National Anti-corruption Directorate (DNA) chief prosecutor Crin Bologa said on Thursday that more than 70 cases “with dozens of defendants” in connection with the COVID-19 pandemic have been (...)
Feb 2, 2023

 
Romania Industrial Production Prices Soar 32.8% YoY In December 2022
Romania's industrial production prices for the total (domestic market and non–domestic market) increased by 32.8% in December 2022 compared to December 2021, data from Romania's statistics board (...)
Feb 2, 2023

 
Banca Transilvania Enters Top 300 of 2023’s Brand Finance Banking 500
Banca Transilvania, the leading lender in Romania, is among the 300 most valuable banking brands in the world this year, where it climbed to 297 from 302 in 2022, according to Brand Finance (...)
Feb 2, 2023

 
INS: Romania Building Permits Down 14.9% YoY In 2022
Romanian authorities issued 43,660 residential building permits in 2022, 14.9% fewer than in 2021, as per data from the country’s statistics board INS.
Feb 2, 2023

 
President Iohannis, welcomed by Azeri counterpart Aliyev in Baku. Romgaz and Socar will sign a new contract for the delivery of Azerbaijani natural gas to Romania
President Klaus Iohannis was received on Thursday by his Azerbaijani counterpart, Ilham Aliyev, at the Zugulba Presidential Palace in Baku. The Romanian head of state, who is on a two-day (...)
Feb 2, 2023

 
Online Fashion Retailer Answear Expects 20% Growth in Sales in 2023
Polish-held online retailer Answear, which has a presence in Romania since 2015, aims to increase local sales by 20% this year compared with 2022, when its biggest growth, 40% was recorded in the (...)
Feb 2, 2023

 
DefMin Tilvar speaks with Chief of the General Staff of the Portuguese Armed Forces about training of Romanian airmen
The minister of National Defense, Angel Tilvar, and the Chief of the Defense Staff, general Daniel Petrescu, met on Thursday at the headquarters of the Ministry of Defense, with the Chief of the (...)
Feb 2, 2023

 



Brasov Airport implements virtual control tower as a first in Romania
The virtual control tower solution could be implemented by several airports in Romania, the head of Romatsa, Marius Adrian Cojoc, announced Thursday, in Brasov. While participating, in Brasov, in (...)
Feb 2, 2023

 
Bright Spaces, the 3D Digital Twin company for the real estate industry, expands in MENA and brings Mike Hapoianu as Regional Manager
Real estate technology (proptech) company Bright Spaces is adding the MENA region to its target markets in 2023. Mike Hapoianu, a specialist with over 22 years of international business (...)
Feb 2, 2023

 
Andrew Tate and brother Tristan remain in prison after Bucharest court rejects appeal
The Bucharest Court of Appeal decided on Wednesday, February 1, that brothers Tristan and Andrew Tate are to remain in detention, rejecting the appeal for their release. The decision is final. (...)
Feb 2, 2023

 
President Iohannis starts official visit to the Republic of Azerbaijan
President Klaus Iohannis is today starting a two-day official visit to the Republic of Azerbaijan, in Baku, at the invitation of President Ilham Aliyev, on which occasion he will hold political (...)
Feb 2, 2023

 
Railway company CFR launches tender for modernization of Bucharest’s main train station
Gara de Nord, Bucharest’s main train station, will be consolidated and modernized. State-owned railway company CFR SA said earlier this week that it launched the tender for the first stage of the (...)
Feb 2, 2023

 
Google analysis: Turkey, the most sought-after holiday destination by Romanians
Google recently conducted a travel trend analysis in and out of Romania based on 2022 data from its Destinations Insights tool, noting that demand for travel to Romania comes from countries with (...)
Feb 2, 2023

 
Egis is moving its Romanian offices to the America House office building in Bucharest
Egis, the French engineering multinational Group, has signed a lease agreement for 1,100 sqm in America House, a landmark office building located in Bucharest's Victoriei Square. Egis will move (...)
Feb 2, 2023

 



 
CHANGE
 
 
(P) Open Days event at King’s Oak British International School - Come and discover what sets us apart!

Timisoara: Romanian entrepreneur invests EUR 1 mln in organic sea buckthorn business

Berlinale announces 2023 competition jury, Romanian director Radu Jude among members

Romanian govt. starts distributing “energy cards” to ease heating costs

New professionals join the Cargus team, with the objective of consolidating the business for the coming years

Globalworth: Romanian portfolio of the highest ESG credentials

2023 European Capital of Culture: Timisoara announces over 130 events for opening weekend

Astonishing growth for ESX, the Romanian app that combines sport with technology: From 4 mil, the start-up aims for a turnover of 10 mil euros

Coffee is a science practices with responsibility at Nestlé

Medisprof Set to Start Building Second Oncologic Hospital in Cluj in 2024

AROBS Transilvania Software Buys Majority Stake in Gdansk-Based Syderal Polska

PwC 2023 Global M&A Industry Trends Outlook: Global M&A market falls below record 2021 levels on recession fears, but will return to growth in the second half of 2023

Petrom Reports Biggest Profit in History of Any Company in Romania: RON10.2B in 2022 amid RON61B Turnover

Petrom Reports Record Net Profit Of RON10.2B For 2022

British Football School welcomes families with children aged 3-14 who want to play football and develop new skills in a team-oriented setting

Arthur Hunt Study, labor market outlook in 2023: Longer and more bureaucratic recruitment process in large companies, while the market remains increasingly dynamic and in favor of the employees

ROCA Industry Wants to Expand Further via Acquisitions in 2023

Antibiotice Aims to Invest RON88M in 2023

Severnav Seals EUR1.8M Contract with Dutch Shipbuilder

Green energy linked commodities need more investments to cover the demand

Bucharest Lures Rising Number of Ukrainian Companies

Comes Savinesti Takes Over Petromidia Navodari Production Hall

Romania’s President talks energy topics in Baku

Romanian companies not open to ESG, Global ESG Monitor says

Colliers: Remote working is already part of the new normal

Romania seeks support to deal with inflows of grains from Ukraine

Local entrepreneurs buy Ludus sugar factory in Romania from French Tereos

C&W Echinox: 15% of the office space in Bucharest is vacant

Romania’s eMAG builds largest logistics hub in CEE near Budapest

Romanian Treasury issues bonds to population, yield curb steepens

Romania turns to domestic market after two FX bonds in January

CITR analysis: Only 67 impact companies became insolvent in 2022, although at national level there are over 13,000 such companies in various stages of distress

Winemaker Cramele Recas Ends 2022 with EUR60M Revenue

SIF Banat-Crisana Exits Comelf Bistrita

Door and Window Trim Maker Barrier Made EUR15M Investments in 2022

Cushman & Wakefield Echinox: Bucharest Has Almost 500,000 Sqm Of Vacant Office Spaces

Wizz Air Carried Over 8.5 Million Passengers From And To Romania In 2022

Libra Internet Bank Opens Unit In Northern Bucharest

President Iohannis to pay a two-day official visit to the Republic of Azerbaijan

Startup Kubeark, Founded By Six Former UiPath Employees, Raises $2.8M In Pre-Seed Round

 


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