OMV Acquires Renovatio Asset Management with Over 400 Charging Points
OMV Petrom, the largest integrated energy producer in Southeast Europe, has completed the acquisition of Renovatio Asset Management, the owner of the largest electric vehicle charging network in Romania. The network currently boasts over 400 charging points, with growth prospects reaching approximately 650 by 2026. The transaction has been approved by the Competition Council and […]
CTP Acquires 270,000 sqm of Warehouses and 30 ha of Land in Romania
CTP, the largest developer, owner, and manager of industrial and logistics spaces listed in Europe, has expanded its presence in Romania by acquiring a significant portfolio from Globalworth, a leading office investor in Central and Eastern Europe (CEE). This acquisition includes 270,000 square meters of Gross Leasable Area (GLA) and 30 hectares of land spread […]
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 […]