Ford Otosan Appoints New President and General Manager for Craiova Plant
Ford Otosan has announced that starting June 1, Fırat Elhüseyni will assume the role of President and General Manager at Ford Otosan Craiova, succeeding Müjdat Tiryaki. Tiryaki will take on new responsibilities as Next Generation Manufacturing Lead at the company’s headquarters in Turkey. Elhüseyni began his career at Ford Otosan in April 2002 as a […]
Share of Romanians looking actively for work abroad falls sharply
Ana Vișian, Marketing Manager bestjobs, The Network’s partner in Romania Only 8% of Romanians actively sought a job abroad in 2023, compared to 13% in 2020 and 22% in 2018. The top three desired destinations for Romanians to work abroad are Germany, the United Kingdom, and Spain. Australia is the main destination for job search […]
Behavioural advertising used by online platforms under scrutiny by the European Data Protection Board
Marc Barabas, Associate PeliPartners The European Data Protection Board recently clarified a series of key issues regarding behavioural advertising, widely used by online platforms. In an opinion published on 17 April 2024, the Board outlined the guidelines to be followed by online platforms when collecting and processing users’ personal data to implement behavioural advertising. Context […]
In a market of digestion products of approx. €30 million, PlantExtrakt launches VerdioGast®
PlantExtrakt, the largest Romanian producer of gemotherapy extracts and the only local producer of homeopathic medicines, part of the Europlant group, announces the launch of VerdioGast®, a natural product for digestion with triple action. On a market dedicated to digestion products worth approx. 30 million euros, VerdioGast® is the herbal alternative to current consumption habits. […]
Bitcoin Romania: Number of transactions increased by 600% in Q1 20224, compared to the same period in 2023. We have 80,000 users and expect that number to increase from April with the Bitcoin Halving, an event that happens every four years
Company launches Bitcoin Breakfast, classes where users can learn how not to lose their invested money On Friday, April 19, Bitcoin Halving takes place, an event that comes with major changes to coin pricing and trading Bitcoin Romania launches Bitcoin Breakfast – a series of weekly financial education sessions specializing in crypto currencies Constantin Rotariu, […]
PIB Group (UK) and STEIN Bestasig (RO) partner to start M&A (Merger and Acquisition) activity and intend to acquire up to 20 insurance brokers in Romania
Dante Stein, Ricky Stein, Grigore Stefanache STEIN Bestasig will coordinate the PIB Group’s expansion in Romania, with a series of M&A acquisitions starting in 2024. PIB Group has completed almost 100 successful M&As transactions since its inception in 2015, across Western Europe & Poland. In less than 8 years, PIB Group has reached a commission […]
AmCham Romania: New Board of Directors and Priorities for 2024, Cristian Sporiș continues as President for the new mandate
Cristian Sporiș, President of AmCham Romania Bucharest, April 10, 2024: AmCham Romania announces the new structure of the Board of Directors, following the General Meeting of Members and elections at the end of March. Cristian Sporiș, Vice-President, Head of Corporate Banking at Raiffeisen Bank Romania, has been re-elected President of AmCham Romania for a new […]
German companies shaped proposals to improve their business in Romania
Leading German companies in Romania presented on Saturday a series of proposals on how to leverage better on the business potentials that Romania is offering and how to improve overall business framework on European level, during the meeting with the Chancellor of the Federal Republic of Germany, Olaf Scholz, on Saturday. The round table organised […]
Teilor Holding presents its commitment to ESG initiatives through the launch of the sustainable jewelry brand DAAR and publishes its first Sustainability Report
Bucharest, April 9, 2024 – Teilor Holding SA, a group of companies that includes the luxury jewelry chain TEILOR, the financial lending company Invest Intermed GF IFN, and Teilor Invest Exchange, has published its 2022 Sustainability Report, marking the group’s first such reporting. As part of Teilor Holding’s commitment to ESG initiatives, the group has […]
Innovative cancer-fighting software from Cluj, successfully trialed in 12 clinics
The Mediq software developed by Synaptiq and designed to increase the efficiency of cancer treatment has shown impressive results. It is now being tested by radiation oncologists in 12 Romanian clinics. The artificial intelligence-based software solution is designed to reduce the time doctors need to contour target volumes and organs at risk, from an average […]