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Urgent Cargus has over 1,000 jobs available nationwide by the end of the year

Wednesday, October 28, 2020

Starting this month, Urgent Cargus is recruiting over 1,000 people nationwide, the company already having a community of over 5,000 employees and collaborators, represented by couriers and staff within the hubs and warehouses across the country. The jobs are open in Bucharest, but also in other cities in the country, in all counties where Urgent Cargus warehouses are located. Most of the jobs – over 700 – are available in Bucharest, ...

Seven startups accepted in the acceleration program “Advancing AI” organized by Techcelerator and Google

Wednesday, October 28, 2020

Techcelerator and Google for Startups have selected seven startups out of the 41 registered for the acceleration program Advancing AI dedicated to this market segment. It aims to support entrepreneurs who develop products based on AI (artificial intelligence) and the development of this ecosystem at the local level. Advancing AI offers startups access ...

Generix to set up engineering competence centre in Romania's Cluj

Wednesday, October 28, 2020

French software as a service (SaaS) application solutions provider Generix Group said on Monday it is establishing a software engineering competence center in Romania's northwestern city of Cluj. The new entity will be called Generix Soft Group Romania and will operate as a subsidiary of the group, Generix said in a press release. Thanks to the acquisition of a local company, Generix Soft Group ...

Huawei keeps hiring in Romania

Wednesday, October 28, 2020


Unimpressed by the memorandums and agreements signed by Romanian authorities in Washington to develop "clean 5G networks," the Chinese group Huawei keeps hiring in Bucharest. Huawei Romania has some 60 vacancies for IT&C engineers right now, the company announced in one of its increasingly frequent press releases circulated in the local media.The Chinese group believes the size of its investments in Romania is an argument for preventing its ...

Almost 6 pct increase in cumulative turnover of Top 10 companies

Wednesday, October 28, 2020

Turnover of companies ranked in the Top 10 positions in the National Business Rankings (TNF) 2020 increased by 5.99 pct, to more than 189 billion euro, according to a release of the Chamber of Commerce and Industry of Romania (CCIR)."The cumulative turnover of the companies ranked in the top ten positions is 189.31 billion euro, an increase of 5.99 pct compared to the previous year, and the operating profit of the companies amounted to 15.8 billion euro, ...

REI: More than 500,000 unemployed and over 300,000 firms could face insolvency or go bankrupt

Wednesday, October 28, 2020

Over 500,000 unemployed and more than 300,000 firms could face insolvency or go bankrupt in the coming period shows one of the darkest scenarios for 2021, as the economic impact of COVID-19 for companies and employees will be very strong and the effects will only be felt to start next year. According to REI Finance Advisors, one of the most dynamic consultancy companies specialized in attracting European funds and state aid for companies active ...

PayPoint to sell Romanian business to Innova Capital for some £47 mln

Wednesday, October 28, 2020

UK-based payment solutions provider PayPoint said on Wednesday it has signed an agreement  to sell its Romanian business to CEE-focused private equity firm Innova Capital for some 47 million British pounds ($61 million/ 52 million euro).   "The sale is consistent with PayPoint’s focus on its key strategic priorities and the delivery of enhanced growth and value in its core ...

Ebury is expanding its operations in Romania by recruiting Senior Sales Consultants to work remotely

Wednesday, October 28, 2020

The Covid-19 crisis made companies adapt the work mode of their employees to the new context, and the fintech industry is no exception. As a measure to limit the spread of the new coronavirus, fintech unicorn Ebury puts on standby new office openings and continues its expansion nationwide by hiring financial market specialists that can work remotely.   Although 2020 is marked by the pandemic, Ebury ...

LEROY MERLIN partners up with the tech start-up Innoship in order to streamline delivery management

Wednesday, October 28, 2020


French retailer LEROY MERLIN, 2nd place on the DIY market in Romania, signs a partnership with Innoship, the start-up that recently received the first round of financing in order to become the largest aggregator for fast delivery options in Central and Eastern Europe. Starting in November, Innoship will manage the delivery of orders from the 18 stores, as well as online orders, this representing an essential step in a more extensive strategic project of development of ...

Avast opens office in Romania

Wednesday, October 21, 2020

Czech cybersecurity solutions provider Avast Software, one of the world's largest IT security companies with an annual turnover of over USD 800 million, has set up an office in Romania.   The company established its headquarters in Iasi, in the United Business Center 3 building near Palas ...

Florin Jianu: Working capital support scheme for SMEs to be opened on October 26

Wednesday, October 21, 2020

The working capital support scheme for SMEs will open on October 26, said Florin Jianu, president of the National Council of Private Small and Medium Enterprises in Romania (CNIPMMR) on Friday, at the end of the meeting of the representatives of the Coalition for Romania's Development with Prime Minister Ludovic Orban."Two topics discussed today - this is about the one billion euros for SMEs. You know that the first measure has already been launched, 2,000 euros ...

MedLife becomes sole owner of Ghencea Medical Center

Wednesday, October 21, 2020

Romanian privately-owned medical services provider MedLife Group [BSE:M] said on Friday that it has became the sole shareholder of Ghencea Medical Center. MedLife acquired an additional 10% stake in the medical centre, it said in a statement filled with the Bucharest Stock Exchange.   Ghencea Medical Center, with an activity of over 12 years on the market, has two clinics in ...

PPF Group completes acquisition of SEE-active CME

Wednesday, October 21, 2020

Dutch-registered PPF Group said on Tuesday it wrapped up the acquisition of media and entertainment group Central European Media Enterprises (CME) and now fully controls CME’s operations in the Czech Republic, Romania, Slovakia, Slovenia and Bulgaria. "Shares on the NASDAQ Global Select Market and Prague Stock Exchange have been delisted and now cease to exist following the completion of the acquisition. Holders of ...

Dragos Anastasiu, re-elected head of the Romanian-German Chamber of Commerce and Industry

Wednesday, October 21, 2020


Dragos Anastasiu has been re-elected President of the Romanian-German Chamber of Commerce and Industry (AHK Romania), and the new Vice-Presidents are Andreas Lier and Christian von Albrichsfeld.According to a press release of AHK Romania sent to AGERPRES on Thursday, the General Assembly of the members of the Chamber of Commerce took place on Tuesday, and the Romanian-German business community elected its members in the Board of Directors.Along ...

Avi Compact, 10 percent increase in turnover for this year

Wednesday, October 21, 2020

Avi Compact, the most important distributor of Daikin products in Romania for 14 years, announces an increase in the turnover for the first six months of this year. Last year, the company had a turnover of about EUR 7.5 million.   The residential segment contributed with 60 percent to the turnover in the first part of this year. Due to the Covid-19 pandemic, split systems registered a significant ...

Survey: Most of the companies continue to hire people and expect to get in a better shape during 2021

Wednesday, October 21, 2020

Nearly three-quarters of landlords and tenants in the office market believe that the Covid-19 epidemics will continue to affect their operations and the overall business evolution will become satisfactory either in the second half of 2021 or in 2022, according to a survey conducted by Colliers International among more than 100 tenants and landlords on the Romanian office market.   While most tenants expect that at least 50% ...

Competition Council's head: Sanctioned companies to be allowed to participate in tenders, if plead guilty, take measures

Wednesday, October 21, 2020

Companies sanctioned for rigging public tenders can get rid of the ban on participating in such procedures for three years if they plead guilty, cooperate with the competition authority and take measures to stop violating the law in the future, Bogdan Chiritoiu, head of the Competition Council (CC) said on Wednesday.He participated in the online conference "Pria Competition in Constructions.""Public procurement law says that if a company has been ...

PwC’s global survey : 80% of companies anticipate remote work as the new norm on the labour market

Wednesday, October 14, 2020


Most companies (80%) respondents to PwC’s global survey ”The future of remote work” shows that adopting remote work is the new norm on the labour market, and over 53% currently have created and implemented arrangement policies in this respect. Of the remainder (47%), more than 50% of companies anticipate that they will refine or implement a remote work arrangement policy by the end of 2020. The top three priorities for enabling remote work arrangements are ...

Castrol: 8000 independent services are active on the Romanian market

Wednesday, October 14, 2020

There are 8000 independent services operating on the Romanian market, according to Castrol Romania and the number of services in the Castrol SERVICE network amounts to 220.  According to Castrol, among the biggest needs the entrepreneurs who have a service in Romania face are the need to recruit good staff, especially car mechanics, access to know-how and management systems.  In this context, Castrol has launched a comprehensive engine warranty ...

Employees appreciate companies including self-discovery programs in their benefit mix

Wednesday, October 14, 2020

The consulting company Valoria  has launched the self-discovery program called Experience Clarity. The program runs online and is aimed at people who want to overcome their fears, limitations, procrastination using their own mind mechanisms and emotional intelligence. The decision meets a new trend in employee benefits for employees.  According to a flash survey conducted by the Valoria team between June 22 and September 22, 2020, the personal development ...

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