Yuriy Bykoriz, Managing Director CEE, Kormotech Global: The Romanian pet food market is steadily expanding, and our aim is to capture over 10% of the market share
"The Romanian pet food market is larger than our domestic market in Ukraine. It shows significant potential and is growing steadily, with an average annual growth rate (CAGR) of 7%," states Yuriy (…)
Feb 6, 2025
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E-commerce reaches 3.32% of Romania’s GDP in 2024, still below EU average
Romania's e-commerce sector accounted for 3.32% of the country's GDP in 2024, showing steady growth but still trailing behind the European average of around 5%, according to data from the (…)
Feb 6, 2025
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BRINGO: Over 1.6 million orders In 2024. 4 out of 5 Bringo orders contain discounted products
Promotional products were twice as present in shopping carts in 2024. Healthier choices: Nearly half of Bringo orders included organic products. Less sugar: +20% increase in sugar-free products in (…)
Feb 6, 2025
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In 2024, One United Properties sold and pre-sold units worth EUR 227.8 mln, leased 20,000 sqm of commercial spaces
One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office properties, reports total sales and pre-sales of EUR 227.8 million in 2024, (…)
Feb 6, 2025
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Romania listed among top trending spa destinations in 2025
As part of their annual Spa Trends Report 2025, online booking site SpaSeekers.com has revealed the top trending spa destinations worldwide based on increases in Google search data. Albania and (…)
Feb 6, 2025
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Filip & Company Assisted eMAG and HeyBlu IFN in Orange Money Acquisition
Law firm Filip & Company has legally assisted Dante International (eMAG) and HeyBlu IFN, a financial services company owned by eMAG group, in the acquisition of 100% of Orange Money IFN shares.
Feb 6, 2025
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One United Properties Reports EUR227M Worth of Sales and Pre-Sales for 2024
One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office properties, reports total sales and pre-sales of EUR227.8 million in 2024, (…)
Feb 6, 2025
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Untold festival brings Post Malone, Becky Hill, Rag’n’Bone Man & more to Cluj-Napoca this summer
American superstar Post Malone will come to Romania for the first time this summer to perform at the anniversary edition of Untold festival in Cluj-Napoca. This year's lineup also includes Becky (…)
Feb 6, 2025
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Transilvania Investments Alliance Wants to Start Buyback Program of Maximum RON92.5M
Transilvania Investments Alliance is convening its shareholders on March 10, 2025 to approve among others a share buyback program of up to RON92.5 million to reduce capital and the distribution (…)
Feb 6, 2025
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BRD 2024 Net Profit Down 8% To RON1.52B
BRD Groupe Societe Generale, the fourth largest bank in Romania, in 2024 posted RON1.47 billion net profit, down 9.7% from 2023, and RON3.89 billion net banking income, up almost 5%.
Feb 6, 2025
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Sibiu county invests EUR 2.1 mln to boost tourism in Cindrel, Lotru and F?g?ra? Mountains
Romania’s Sibiu County Council said it is investing RON 10.4 million (some EUR 2.1 million) in tourism development across the Cindrel, Lotru, and F?g?ra? Mountains. The project has been approved (…)
Feb 6, 2025
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Fortech Investments Reaches Portfolio of 18 Tech Startups, Eyes 2-4 Projects in 2025
Investment fund Fortech Investments has since its launch in 2021 invested EUR8 million in 18 tech startups, of which EUR2 million were earmarked last year for 5 new projects.
Feb 6, 2025
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Samsung Romania: Smartphone Market Expanded by 3% by Value in 2024
Romania smartphone market rose by 3% in 2024 by value amid consumers’ penchant for more expensive models and the tendency will maintain this year.
Feb 6, 2025
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Weekend calendar: West Meets East, Beatles Symphonic concerts, Transylvania Mountain Festival retrospective, exhibitions
The public in Bucharest has several options for concerts and exhibitions, while those in Timi?oara can attend a retrospective of mountaineering films and more. In Bucharest: Brâncu?i Month (…)
Feb 6, 2025
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