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Romanian tech unicorn UiPath donates EUR 1 mln to help rebuild Notre Dame

Posted by on Apr 17, 2019 in NEWS | 0 comments

Romanian tech unicorn UiPath donates EUR 1 mln to help rebuild Notre Dame

UiPath, the first Romanian tech unicorn, is to also join the efforts to help rebuild the famous Notre Dame cathedral in Paris after a fire has severely damaged the building, according to Romania-Insider.com. “UiPath owes a lot to France and French culture. It’s time for us to give something back to France. On behalf of UiPath, I would like to pledge 1 million euros for the reconstruction of Notre Dame,” company co-founder Daniel Dines said at the UiPath Together Paris event, according to the company’s LinkedIn page. Read more...

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Reynaers Aluminum Romania estimates a 10 percent growth in 2019 for the aluminum joinery market

Posted by on Apr 16, 2019 in NEWS | 0 comments

Reynaers Aluminum Romania estimates a 10 percent growth in 2019 for the aluminum joinery market

Reynaers Aluminum Romania, part of the European leader in the aluminum sector for the construction sector, estimates a growth of the aluminum joinery market between 5 percent and 10 percent in 2019. At the same time, representatives of Reynaers Romania expect the same percentage growth for the company’s turnover this year, according to Business-Review.eu. “Trends show that the market has matured, so both our industry and our business are evolving organically, as expected. The growth of the field we are seeing to is largely due to the...

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Google launches Innovation through Design Thinking Workshop

Posted by on Apr 16, 2019 in NEWS | 0 comments

Google launches Innovation through Design Thinking Workshop

Google will run a new free educational project in Romania, ‘Google Digital Workshop’, between April and August 2019. The project addresses all people who want to improve their creative thinking and start an innovative project using the Design Thinking method, according to Business-Review.eu. The workshops “Google Digital Workshop – Innovation through Design Thinking” take place in the “Google Digital Workshop” hubs in Bucharest, Cluj-Napoca, Iasi and Timisoara for a whole day. For each workshop, 20 participants will be selected...

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Deep Purple return to Romania for Cluj-Napoca show

Posted by on Apr 15, 2019 in NEWS | 0 comments

Deep Purple return to Romania for Cluj-Napoca show

Legendary English rock band Deep Purple will play again in Romania, this time in Cluj-Napoca. The concert is scheduled for December 10 and will take place at the city’s Sala Polivalenta, says Romania-Insider.com. Singer Ian Gillan (vocals), Ian Paice (drums) and Roger Glover (bass) will be joined on the stage in Cluj by Steve Morse (guitars) and Don Airey (keyboards), Mediafax reported. Deep Purple is one of the most famous rock bands in the world. They are considered to be among the pioneers of hard rock and heavy metal, although their...

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Electric scooter sharing company Wolf-e to enter Bucharest this month

Posted by on Apr 15, 2019 in NEWS | 0 comments

Electric scooter sharing company Wolf-e to enter Bucharest this month

Wolf-e, a company founded by five entrepreneurs from Central and Eastern Europe, will begin to provide its electric scooter sharing service in Bucharest this month and also reach Cluj in the first half of this year, according to Economica. The company uses dockless electric scooters which are available for rent and can be unlocked through a web app, says Business-Review.eu. The investment so far in Wolf-e has surpassed USD 500,000, for developing the app and tracking system, designing and building the scooters, acquiring apps to manage the...

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Romania-France Season to start on April 18 with the Spotlight International Light Festival

Posted by on Apr 14, 2019 in NEWS | 0 comments

Romania-France Season to start on April 18 with the Spotlight International Light Festival

The Romania – France Season that will open in Romania on April 18 with the Spotlight International Light Festival will feature a series of exhibitions, theater and film festivals and concerts to be held in over 30 cities, according to ActMedia.eu. France’s ambassador to Romania Michele Ramis said that the Season was a huge success in France and announced that it will open in Romania on April 18. The Romania – France relationship will be continued by the new generations, therefore we relay these ties between the two...

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Hexagon nears completion in Cluj Napoca

Posted by on Apr 13, 2019 in NEWS | 0 comments

Hexagon nears completion in Cluj Napoca

The 20,000 sqm Hexagon Offices building in Cluj Napoca, owned by Kész International is scheduled for completion in June 2019, according to EuroBuildCEE.com. BNP Paribas Real Estate Romania has been appointed the property manager and the exclusive leasing agent for he nine-storey building, which is BREEAM certified with a rating of ‘Excellent’. “We are already at an advanced stage of the set-up of the property management team and all the in-house procedures and technology for a smooth transition of the property from the landlord to our...

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Siemens recorded a turnover of over RON 1 billion in 2018, up 22 percent

Posted by on Apr 12, 2019 in NEWS | 0 comments

Siemens recorded a turnover of over RON 1 billion in 2018, up 22 percent

Siemens, one of the leading technology companies, registered a consolidated turnover of over RON 1 billion in the fiscal year 2018 (1.10.2017-30.09.2018) in Romania. “Our financial results prove once again that we run a sustainable business in Romania. The aggregate turnover of local Siemens companies in Romania registered an increase of over 22 percent in FY 2018, compared to the previous financial year”, said Titus Loew, CFO Siemens Romania, according to Business-Review.eu. The increase was mainly driven by the investments in energy and...

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Owners of Romania’s largest DIY chain to further expand into real estate

Posted by on Apr 11, 2019 in NEWS | 0 comments

Owners of Romania’s largest DIY chain to further expand into real estate

Romanian investors Dragos and Adrian Paval, the founders and owners of the largest Romanian DIY chain Dedeman, signed with NEPI-Rockcastle and local entrepreneur Ovidiu Sandor an agreement for the acquisition of The Office office building in Cluj-Napoca, unofficial sources told local Ziarul Financiar. The deal, which was not completed yet, is evaluated at around EUR 100-130 million, making this the biggest office deal outside Bucharest, the daily reported. Romanian billionaire Ion Tiriac was also interested in The Office building, according...

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De’Longhi extends capacity of its Cluj factory

Posted by on Apr 11, 2019 in NEWS | 0 comments

De’Longhi extends capacity of its Cluj factory

Italian De’Longhi Group, owner of the Kenwood, Braun and De’Longhi brands, has extended its factory in Cluj. The group entered Romania six years ago and it started manufacturing espresso machines and small electronic devices, according to Business-Review.eu. “Romania has become an increasingly important market for us, we have a great potential for growth on all segments we are targeting, in the small household appliances category,” said Peter Ferluga, De’Longhi Romania’s commercial director. The company aims to cover the market in...

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