Origin is designed to enable companies to digitize essential processes without requiring extensive internal development.
66% of consumers find private label just as good as branded alternatives, with 38% having no plans to switch back to branded goods.
The transaction is Convergint's first acquisition in Romania and it also marks the most important deal in the local safety and security systems market.
At the end of June 2024, the Group had a hotel portfolio of 838,722 rooms (5,682 hotels) and a pipeline of 218,000 rooms (1,297 hotels).
Western European shoppers spend an average of €85 per transaction, while Eastern European consumers spend €55.
Christian Tour: Romanians are traveling more and more, choosing international destinations; trips abroad accounted for 49% of sales in 2023.
In July, Carrefour marks the opening of a new rebranded and remodeled hypermarket in the Supernova shopping center in Alexandria 152, following the acquisition of the Cora Romania.
Additionally, nearly a quarter of the total online stores and partner sellers now deliver products outside of Romania.
A significant impact on the company's growth was also due to the inauguration of direct long-haul flights on the regular Bucharest – New York route.
The invention is a device that automatically and evenly applies sunscreen oil with different protection factors all over the body in just 7 seconds, with the touch of a button.
CogniSync is developing a new tool for optimizing workflows as companies and teams scale by surfacing internal best practices and revealing potential misalignment with compliance.
Redbee Software, ranked 65th in Deloitte EMEA Technology Fast 500, specializes in web and mobile software solutions leveraging cutting-edge technologies.
According to the Fund's asessment, the selection process did not abide to the provisions of the corporate governance legislation, and failed to produce suitable candidates.
Through the new partnership, HILS Development is supporting one of Romania's most beloved sports and helping to build the success of a legendary team, Dinamo 1948.
The project was awarded to certSIGN following a public tender organized at the end of 2022 and it is valued to approximately €2 million.
About 62% of the customers visit the store at least 2–3 times a month, the highest percentage of all countries where Pepco is present.
The revenues of the hotel owned by Hercesa Romania increased by 3% in the first six months of this year, and the occupancy rate reached 76%.
Since its launch in 2015, Dino Parc Râșnov has captured the hearts of families with children, quickly becoming their favorite destination.
The building has been designed sustainably and aims for the BREEAM Excellent certification.
The first plant, which will be located at MOL Petrochemicals Co. Ltd. in Tiszaújváro, Hungary, will have a processing capacity of 40,000 tons of mixed waste plastics per annum.
Carrefour's hypermarkets offer the widest range of items across the entire network of stores in the retailer's portfolio, with more than 43,000 food and non-food products.
The flower shop in Sun Plaza is strategically located in one of the most frequented shopping centers in the capital and covers an area of 22 sqm.
The company estimates 30% better results in Poland compared to Romania, considering market size.
The Romanian private equity (PE) and venture capital (VC) sector has demonstrated significant contributions to job creation and economic growth.
Private healthcare chain Medicover has announced the acquisition of Synlab Group's local businesses in Romania, Turkey, Cyprus, Slovenia, Croatia, and North Macedonia for €71.3 million.
The European Investment Bank (EIB) has allocated €50 million for the upgrading of key rail border crossing points in Ukraine.
Hils Development, the real estate company led by entrepreneur Ionuț Negoiță, is set to deliver the first phase of its mixed-use scheme Hils Republica in June.
The IT&C sector has a contribution of nearly 8% to the Romanian GDP, according to a message from interim president Ilie Bolojan.
Low-cost airline Wizz Air has opened a new base at Bucharest Băneasa Airport, offering flights to seven destinations including Naples, London, and Budapest.