Raiffeisen Bank supports AFI’s €537 million refinancing, the largest on the Romanian real estate market
Raiffeisen Bank Romania and Raiffeisen Bank International are part of the banking consortium that granted AFI a refinancing package worth €537 million, the largest transaction of this kind on the Romanian real estate market. The financing was arranged together with Erste Bank, BCR and UniCredit Bank, marking a record transaction in terms of both value […]
Cargus appoints Răzvan Drăgoi as Chief Sales Officer, strengthening its commercial strategy amid market transformation
Cargus has appointed Răzvan Drăgoi as Chief Sales Officer and member of the company’s board, marking a strategic move for one of Romania’s largest courier companies. With over 20 years of experience in logistics, automation and organisational development — including 16 years in the courier industry — Drăgoi steps into a leadership role at a […]
Accor appoints Karelle Lamouche as CEO for Europe and North Africa, overseeing operations across a network of over 3,000 hotels
Accor has appointed Karelle Lamouche as CEO for Europe and North Africa within its Premium, Midscale & Economy division, a role in which she will oversee operations across a network of more than 3,000 hotels in over 40 countries. The region represents approximately 40% of the Group’s global portfolio and remains the world’s leading travel […]
Mastercard and MEAT launch strategic partnership to digitalize Romanian tourism
Mastercard and the Ministry of Economy, Entrepreneurship, Tourism and Digitalization (MEATD) have announced a strategic partnership aimed at strengthening Romania’s position as a competitive and attractive international tourist destination. The collaboration focuses on using data analytics and digital innovation to better understand visitor behavior and to support the development of tourism infrastructure, targeting sustainable growth […]
Sphera Franchise Group reports sales of 1.15 billion lei in the first nine months of 2025
Sphera Franchise Group, the largest food service operator in Romania, reported its strongest third quarter in company history in terms of sales, confirming the resilience of its business model in a challenging economic environment. The performance was supported by cost-control initiatives and stronger contributions from Italy and the Republic of Moldova. Consolidated Q3 2025 sales […]
2Performant strengthens its leadership team to support a new stage of growth and expansion
2Performant, the Romanian technology company and developer of BusinessLeague.com, is strengthening its management structure by appointing Ana Opriță as Deputy CEO, bringing in Mihaela Bourceanu as Chief Operations Officer, and promoting Bogdan Achim to Chief Technology Officer. The move signals the company’s transition to a new phase of development and organizational maturity. According to CEO […]
Hagag Europe Development launches Hagag Energy in Romania with an investment plan of over 400 million euro
HAGAG Europe Development is expanding its local operations and entering the Romanian energy sector through the launch of its new division, Hagag Energy, backed by an investment plan exceeding 400 million euro and a target of at least 200 new jobs by the end of 2027. The strategic move is built around the acquisition of […]
dm România closes financial year with more than 2.15 billion lei in revenue and expands network to 167 stores
dm drogerie markt România closed the 2024–2025 financial year with revenues of 2,156,287,756 lei, up 21.77% from the previous year, marking one of the most robust growth rates in the local retail segment . The advance was supported by accelerated expansion, increased customer traffic and significant operational investments. The retailer added 18 new stores and […]
Cristina Guțu becomes first Romanian vice president of ACCA globally
Cristina Guțu, Director at KPMG Romania and Moldova, has been appointed Vice President of the Association of Chartered Certified Accountants (ACCA), becoming the first person from continental Europe to hold a global executive position in the organization’s history. ACCA represents over 257,000 members and 530,000 future members across 180 countries. In her new capacity, Guțu […]
Schneider Electric exceeds 2025 sustainability targets, cutting suppliers’ CO₂ emissions by 53%
Schneider Electric reported solid sustainability results for Q3 2025, achieving a score of 8.52 out of 10 in its Schneider Sustainability Impact (SSI) 2021–2025 program. With one quarter remaining, the company is on track to meet its full-year target of 8.80, underlining its global leadership in sustainable energy transition. A major highlight of the quarter […]