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Fabrica De Lapte Brasov Opens New Logistics Center After €40M

Wednesday, September 25, 2024

Fabrica de Lapte Brasov, the company behind the Olympus brand and one of the largest dairy producers in Romania and the region, is setting a new standard in logistics with the inauguration of a new logistics center in Halchiu, Brasov County. This project, backed by an investment exceeding 40 million euros, covers a total area of 13,500 square meters and is designed to optimize logistics processes.   Among numerous features, the new center also houses ...

Rituals Cosmetics Open Its First Store In Romania

Wednesday, September 25, 2024

  At the end of September, Rituals Cosmetics, the international brand specializing in natural body and skin care products, home fragrances and home apparel, opens its first store in Romania.   On September 25, starting at 11:00 am, Rituals will launch its first store in Romania in the Mega Mall shopping center in district 2, Bucharest. The first 150 customers who visit the store on opening day and purchase a product, regardless of value, ...

Packeta Romania enters a partnership with Diverta and expands its pick-up point network

Wednesday, September 25, 2024

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Packeta Romania, a global digital platform for eCommerce, announces a new partnership with the office and stationery retail chain, Diverta, adding 17 new pick-up points to its national network. This collaboration marks an important step in Packeta’s development strategy, providing customers with a broader and more flexible network of locations for collecting online orders in key cities across Romania.   The new pick-up points in the Diverta network will ...

Competition Council Reviews Autoklass Center’s Acquisition Of VW Services

Wednesday, September 25, 2024

The Competition Council is analyzing the transaction by which Autoklass Center SRL intends to take over from Tess SRL the distribution, service and agency activities for the brands Volkswagen Autoturisme, Volkswagen Commercial Vehicles and DasWelt Auto.   Thus, Autoklass Center will take over the activities of retail sales of Volkswagen brand cars and light vans, respectively used cars, the activity of sales of original Volkswagen brand spare parts and ...

Pentest Copilot Has Become Pentra And Will Launch Its Product In October

Wednesday, September 25, 2024

Pentra is a cybersecurity start-up founded by high school students, the youngest team EGV has ever invested in   Pentest Copilot, a cybersecurity startup finalist at the Innovation Labs 2024 and selected by Early Game Ventures to receive funding, has become Pentra. The company, founded by 3 high school students, two of whom have not turned 18 yet, is preparing the public launch of its first security product in ...

Evrotrust, officially registered as an electronic identity service provider by the Authority for the Digitalization of Romania (ADR)

Wednesday, September 25, 2024

Romanian businesses, citizens, and public institutions can now use Evrotrust's platform for secure digital services like identity verification, e-signatures, and cross-border transactions.   ADR registration confirms Evrotrust's compliance with Romanian and EU regulations, ensuring its services are secure, legally binding, and recognized across ...

Fuchs Condimente Romania doubles its capacity

Wednesday, September 18, 2024

Fuchs Condimente Romania, the local producer of spices and food ingredients, part of the German Fuchs Group, has completed the construction phase of its production capacity expansion in Curtea de Arges after a 12-month project. In the next phase, the expansion of the logistics and production center in Romania involves investments in machinery and process automation, representing one of the largest ongoing investments for Fuchs Group ...

SARMIS Capital Expands Leadership in Romanian Facility Management Sector with Strategic Acquisition

Wednesday, September 18, 2024

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SARMIS Capital has announced a strategic acquisition involving three renowned companies: AEK Security, AEK Firefighters, and Deziclean. This move follows a successful partnership with BMF GRUP, the leader in integrated facility management services in Romania.   Under SARMIS Capital's umbrella, the newly formed entity is strengthening its position as the largest player in the integrated facility management industry in Romania. This newly created company ...

2active celebrates 24 years of excellence and launches a new brand identity

Wednesday, September 18, 2024

2active, one of the most influential public relations agencies in Romania, is excited to announce a new chapter in its evolution with the launch of a revitalized brand identity and a modernized website. This rebranding coincides with the agency’s 24th anniversary of excellence in the field and reflects its commitment to continuously adapting to market needs, expanding its services to include integrated communication solutions such as influencer marketing, social media, public ...

Energy startup Ogre AI secures a EUR 3 million investment round led by VERBUND X Ventures

Wednesday, September 18, 2024

VERBUND X Ventures is the VC unit of the leading Austrian electricity supplier and had the largest contribution to the new round of investment Early Game Ventures, MMC VC Fund, Soulmates Ventures and Sofia Angels Ventures also participated The new funding round will help Ogre AI to further expand its technological capabilities and strengthen its market ...

Firese: We estimate a 30% annual growth for the fire and rescue market

Wednesday, September 18, 2024

The Romanian market for fire prevention and extinguishing services and equipment (PSI), estimated at over 500 million euros annually, is experiencing significant annual growth due to legislative changes and shifts in business practices. However, it remains one of the most polarized service markets locally. Market consolidation and service modernization are inevitable, according to Gica Tomescu, CEO of Fire & Rescue Services SRL (FIRESE), one of the most important companies in the ...

AI Company puts Romania on world map of medical breakthroughs

Wednesday, September 18, 2024

For many of us, the concept of Artificial Intelligence comes with the idea of insecurity, lost jobs or robots that will harm us. There is much talk, perhaps too much, about the negative effects of Artificial Intelligence and less about how the new technology can fundamentally help us live better lives. Calin Popescu, a Romanian with a vision quite literally out of the ordinary, not only doesn’t daydream of sci-fi movie scenarios, but has managed to set up a company ...

State aid of a maximum of 644.55 mln RON for Renault Group companies

Wednesday, September 11, 2024

The Ministry of Finance has financed seven investment projects for the three companies of the Renault Group, with a total value of over 2.242 billion RON, which generate 1,478 new jobs, and the state aid granted is worth a maximum of 644.55 million RON, informs the institution through a press release.According to the cited source, the projects generate direct contributions to regional development through the payment of fees and taxes of over 1.247 billion RON. Currently, ...

Trendyol Plans To Open Office In Bucharest, Warehouse In Romania

Wednesday, September 11, 2024

Trendyol e-commerce platform has announced today plans to open an office in Bucharest, as well as a warehouse in Romania, for which it will employ around 250 people, when it becomes operational, in 2025.   Also, the company with The Istanbul-based company plans to integrate local sellers into its booming marketplace by the end of this ...

Competition Council Approves Affidea’s Acquisition Of MedEuropa And MedEuropa Investitii

Wednesday, September 11, 2024

The Competition Council authorized the transaction by which the company Affidea Development SRL intends to take over MedEuropa SRL and MedEuropa Investitii SRL.   Affidea Development SRL is part of the Affidea group. In Romania, the group companies offer medical assistance in 46 medical clinics, located in 29 cities. The services they offer range from imaging services, specialist medical consultations and laboratory tests to oncology ...

After entering the U.S. market, Norofert expands its operations in Brazil

Wednesday, September 11, 2024

Norofert, the leading producer of organic agricultural inputs and biotechnology provider for agriculture in Romania, listed on the Bucharest Stock Exchange on the AeRO market , is expanding its international presence by entering the Brazilian market. The establishment of the new entity, Norofert Brasil LTDA, represents an important step in the company’s strategy to bring its advanced technology to one of the world’s largest agricultural markets.   Norofert ...

Deloitte study: seven out of ten organizations embrace marketing technologies, including Gen AI

Wednesday, September 11, 2024

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Organizations embrace marketing technologies (martech), as seven out of ten (75%) marketers say that they are using them, according to the latest edition of Chief Marketing Officer (CMO) Survey, conducted by Duke University with the support of Deloitte. Nevertheless, companies need to ...

MET Group recognized as Top Employer in Switzerland

Wednesday, September 11, 2024

MET Group is proud to announce that the company’s Swiss subsidiaries have been honoured as a Top Employer in Switzerland for 2024. This is an important milestone which underlines MET’s belief that employees are core to its success. MET Group is the only Swiss-based energy company having received this prestigious certification.   The Top Employers Institute is an internationally recognized institution which surveys and independently audits companies’ ...

Tesla Opens Largest Showroom in Eastern Europe in Romania

Wednesday, September 11, 2024

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Tesla has opened its largest showroom in Eastern Europe, located in Romania, marking a significant milestone in the automaker’s expansion across the region, ...

Sixty percent of companies in Romania allocating important resources for employee's well-being

Wednesday, September 11, 2024

Most companies in Romania (60%) are allocating resources for the physical and emotional well-being of their teams under well-being programmes, which include team building events, counselling and psychological assistance, as well as sessions for managing emotions and relationships, according to a survey released on Thursday.According to data with Exec-Edu, a company specialising in training, 41% of the organisations kept the same budget for the last two years, while 38% ...

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