Category: Uncategorized

BIPA Romania Drogherie, the local subsidiary of BIPA, is preparing to enter Voluntari and Pantelimon, both in Ilfov County, as well as Turnu Măgurele, according to recruitment ads consulted by Economica.net. BIPA positions itself as a low-price chain selling personal care, beauty and health products. Its direct competitor on the Romanian market is German retailer…

The report prompted reactions in Bucharest, where the leaders of the two parties that eventually voted to dismiss the Bolojan government, Sorin Grindeanu of the Social Democrats (PSD) and George Simion of the Alliance for the Union of Romanians (AUR), rejected any suggestion of US involvement. Guilfoyle has been a prominent US advocate of the…

Romanian prime minister-designate Siegfried Mureșan submitted his governing programme and full cabinet list to Parliament on Saturday, September 26. The programme contains 372 measures prepared by experts from the three parties supporting him, namely the National Liberal Party (PNL), Save Romania Union (USR), and the Democratic Alliance of Hungarians in Romania (UDMR). “In just five…

Ulrik Rasmussen has been appointed board member of Mediascope, the brand management agency announced. The move is part of the agency’s “continued international growth strategy,” it said. Rasmussen is partner and Global Head of the Real Estate and Sports Practices at Pedersen & Partners, the Executive Search and Leadership Consulting firm. During his career with…

ARTmania, the organizer of ARTmania Festival, one of the country’s longest-running rock and arts festivals, is expanding its advertising activities with services for festivals, artists and music conferences. As part of the project, backed by an investment co-financed by the European Union, ARTmania is also launching three sub-brands, namely ARTmania Studios, a division focused on…

The board of directors of Alumil Rom Industry, the local subsidiary of aluminium extrusion company Alumil Aluminium Industry, has appointed Kleanthis Efkarpidis as general manager beginning October 9. The change follows the resignation of Marius Ioniță, the company’s GM for the past eight years as part of a 25-year career with Alumil. The termination of…

He brings to the new role “extensive experience in strategy, banking transformation and digital innovation, built over more than a decade of advising leading financial institutions across Romania and Central and Eastern Europe,” the bank said. He started his career at Roland Berger, where he spent nearly five years in the Bucharest and Boston offices.…

It is the bank’s first subordinated bond issue on international financial markets, contributing to the objective of diversifying and optimizing its base of own funds and eligible liabilities. The transaction was completed in a market context marked by high volatility and a selective approach by investors towards new issues. More than 100 institutional investors from…

bold text The fund tracks the WIG30 Total Return Index, providing exposure to 30 of the largest and most liquid companies listed on the Warsaw Stock Exchange through a single investment instrument. The listing will give Romanian investors access through BVB to a portfolio spanning Polish banking, retail, energy, mining, technology, and other sectors. With…

Fifty items from a donation of more than 1,800 textile pieces made by The Metropolitan Museum of Art in New York to the Textile Museum in Băița, in Hunedoara County, are currently on display at the National Museum of Art of Romania (MNAR) in Bucharest. The exhibition Celebrating The Met – Highlights from The Metropolitan…