Business Review, Bucharest (2025)

25/04/2025

"AUTO ITALIA and Samelet Group are honored to be selected by Chery for the import and distribution of the Chery brand in Romania." Adrian Narcis Ghiță, CEO AUTO ITALIA Group.

"This cooperation with partners from European countries marks a major milestone in Chery’s globalization strategy. Our goal is not just to sell cars in Europe, but to establish deep roots here and build a sustainable business ecosystem with our local partners." Zhang Shengshan, Deputy General Manager of Chery International.

Auto - Chery, China’s top passenger car exporter for the 22nd consecutive year, is officially entering the Romanian market through a partnership agreement with

25/04/2025

In a global context where prestigious universities are turning their attention to gaming and digital art enthusiasts, ECHO School, which offers the first undergraduate programs in Romania dedicated to the development of video games and digital art, announces its participation at East European Comic Con 2025, which will take place at Romexpo from April 25 to 27.

In a global context where prestigious universities are turning their attention to gaming and digital art enthusiasts, ECHO School, which offers the first undergraduate programs in Romania dedicated to the development of video games and digital art, announces its participation at East European Comic....

25/04/2025

Vodafone Romania launches the new Razr 60 Ultra and Edge 60 Pro phones from Motorola exclusively in the EasyTech offer. This partnership aims to further strengthen Vodafone EasyTech’s position as a ‘one-stop-shop’ for technology and the perfect choice for the whole family. Between April 25th and May 8th, the two Motorola models can be purchased only from the Vodafone network, with special discounts and benefits for subscribers, as well as with payment in up to 36 instalments.

Vodafone Romania launches the new Razr 60 Ultra and Edge 60 Pro phones from Motorola exclusively in the EasyTech offer. This partnership aims to further strengthen Vodafone EasyTech’s position as a 'one-stop-shop' for technology and the perfect choice for the whole family.

25/04/2025

“In such a market, it’s not necessarily the biggest that wins, but the one that understands what matters to users, the one that consistently delivers to high standards, that acts with commercial intelligence for mutual gain, and the one that respects local realities. And I saw the opportunity to get involved in a business with great growth potential, speed of ex*****on, and room for bold decisions. I felt that Bolt has that rare mix: growth energy, agility combined with rigor, and a mentality oriented towards sustainable partnerships. I liked the clarity of direction, the team’s ambition, and the freedom to act. Bolt is already a strong brand, with clear potential,” Alexandra Dinovici, General Manager of Bolt Food Romania.

Who’s News - Bolt announces the appointment of Alexandra Dinovici as the General Manager of Bolt Food Romania, at a significant stage of development for the

25/04/2025

Join some of this year’s Central and Eastern Europe executive jury from Romania on Wednesday, June 11th as they discuss trends and favourite campaigns from the 2025 Gerety Awards. The Romanian jury insight panel is moderated by Romanita Oprea, Editor.

Media & Marketing - Join some of this year's Central and Eastern Europe executive jury from Romania on Wednesday, June 11th as they discuss trends and favourite campaigns

25/04/2025

"The growing demand for petrochemical products has led us to reactivate the LDPE installation, and this will lead to visible progress in the petrochemical division, which has recently depended only on the Polypropylene (PP) installation. By restarting LDPE, we are consolidating our status as the market leader in the segment and taking an important step in the development of petrochemicals in Romania," Yedil Utekov, Chief Production & Industrial Services Officer at Rompetrol (KMG International).

Rompetrol Rafinare will restart the Low Density Polyethylene (LDPE) unit at the beginning of May. The final technological tests are currently being carried out to restart the installation, which was shut down at the end of 2023 due to the unfavorable market context.

25/04/2025

"We are proud to report record sales of 1681 million Swiss francs (CHF) in the first quarter, thanks to a strong performance in the areas of Sustainability and Digital Trust. As part of our growth strategy, we have finalized eight complementary acquisitions to date. We remain focused on implementing Strategy 27 in a challenging economic environment. We will take measures to maintain our market leadership and profitability, given currency volatility and trade tariffs. I would like to express my sincere thanks to the SGS teams for their hard work and dedication," Géraldine Picaud, Chief Executive Officer at SGS Group.

SGS Group sales reached a record CHF 1 681 million in the first quarter of 2025, benefiting from organic sales growth of 5.6%. With the relaunch of the M&A activity, the net impact became 1.3% and the currency impact was -0.3%, all leading to a reported growth of 6.6%.

25/04/2025

"Harnessing the power of NVIDIA's cutting-edge accelerated computing and Vertiv's innovative infrastructure expertise, Colosseum stands as a testament to the transformative potential of sovereign AI. We're demonstrating how modular systems and software-specific infrastructure enable a new era of mission-critical AI," Uljan Sharka, CEO of iGenius.

Vertiv, a global provider of critical digital infrastructure, today announced a groundbreaking collaboration with NVIDIA and renowned AI pioneer iGenius to deploy Colosseum, one of the world’s largest NVIDIA DGX AI supercomputers with NVIDIA Grace Blackwell Superchips.

25/04/2025

"We are delighted to welcome Romanian Post to our CTPark Bucharest community and, through our quality infrastructure, to contribute to the enhancement of the logistics activities of a key player in postal and courier services. This collaboration reflects the growing confidence of Romanian companies in CTP's standards," Nicoleta Gavrila, Senior Business Developer at CTP Romania.

CTP, Europe's largest listed developer, owner, and operator of industrial and logistics properties by gross leasable area (“GLA”), is pleased to announce a new strategic partnership with state-owned postal operator Poșta Română (“Romanian Post”), Romania's market leader in postal and logi...

25/04/2025

VGP, a pan-European owner, manager and developer of high-quality logistics and semi-industrial properties, is expanding its footprint in Romania, positioning itself as a key enabler of modern supply chains. The company is currently active in five strategic cities — Bucharest, Timișoara, Brașov, Sibiu, and Arad — and is actively exploring new development opportunities, with at least two additional locations expected to be confirmed by the end of 2025.

VGP, a pan-European owner, manager and developer of high-quality logistics and semi-industrial properties, is expanding its footprint in Romania, positioning itself as a key enabler of modern supply chains.

25/04/2025

"Opening the admissions center brings us one step closer to launching a project we wholeheartedly believe in. The Cosmopolis campus is our tangible response to the needs of families in Ilfov who are seeking a high-quality international education for their children—without the daily stress of commuting to Bucharest. We want to give parents a real alternative: a modern learning environment, exceptional teachers, and a complete academic journey, right in the heart of their community," Anca Macovei Vlăsceanu, Founder of Mark Twain IS and CEO of Romania Education Alliance.

Mark Twain International School (Mark Twain IS), the first private school in Romania to offer a dual curriculum, officially announces the opening of its Admissions Center for the new campus currently under construction in Ilfov.

25/04/2025

"The Pelplin Wind Farm project is a clear demonstration of our ability to develop utility-scale assets that are attractive and valued by the market. The acquisition by Enea Nowa Energia confirms this and aligns with our strategy of selling a significant part of our portfolio at RtB or COD, depending on where the most value can be created," João Manso Neto, CEO of the Greenvolt Group.

Greenvolt Power, a leading developer of large-scale wind, photovoltaic, and energy storage projects and part of the Greenvolt Group, has finalized the sale of the Pelplin Wind Farm. The buyer, Enea Nowa Energia Sp. z o.o., is part of the Enea Group, one of Poland's largest electricity suppliers. The...

25/04/2025

"I am more than honored to be part of BT Broker de Asigurare team, for which we have big plans to become one of the largest brokers in the insurance market. We propose a new business model which, through a diversified offer, digitalization and excellence in working with customers, will transform BT Broker de Asigurare from a specialized intermediary in vehicles' insurance into a universal broker, with a personalized approach for both retail and corporate customers," Valentin Coroiu, CEO, BT Broker de Insurance.

BT Broker de Asigurare, the Banca Transilvania Financial Group company specialized in insurance brokerage, has a new CEO, Valentin Coroiu. A leader in the CASCO insurance brokerage market, BT Broker de Asigurare aims to diversify its business model to become a universal broker.

25/04/2025

“The LIFE project is an important step in protecting and restoring mountain ecosystems in the Fagaras Mountains, a model of collaboration between authorities, organizations and local communities for nature conservation. Every activity within the project, from the reintroduction of bison and beavers to the creation of eco-tourism infrastructure, aims not only to protect nature, but also to support and develop the economic development of communities. We are happy with the impact of this project on the region and continue to work for a sustainable future that brings long-term benefits to nature and the communities that depend on it,” said Barbara and Christoph Promberger, executive directors, Conservation Carpathia Foundation.

Travel - The Conservation Carpathia Foundation, the largest Romanian conservation organization, announces the successful completion of the largest LIFE project

24/04/2025

“We continue to launch new services that give our users more free time for what really matters. That has always been our promise, and we are constantly working to fulfill it. We’re thrilled to announce these new features, especially as they arrive just in time for the summer season. We know that a trip to the seaside might require a lot of planning, queues, and lost time. 24pay minimizes all that hassle and streamlines the entire preparation process. It’s the complete solution for making payments for the road taxes, bridge tolls, and discounted gift cards for fuel and shopping at hypermarkets – and even for paying for the parking fees in Costinești (BTT complex). All of it, directly in the app – simple, secure, and effortless,” Denissa Dumitriu, Chief Commercial & Operations Officer at 24pay and PayPoint Services.

24pay app announces a long-awaited new feature, just ahead of the summer season: from now on, the Fetești – Cernavodă bridge toll can be paid quickly and easily directly within the app, thanks to the expanded partnership with Scala Assistance.

24/04/2025

"2024 was a landmark year for Revolut. We not only accelerated our customer growth, welcoming nearly 15 million new users globally, but critically, we also saw customers engaging more deeply by adopting a wider range of our services across both our retail offering and Revolut Business. This powerful combination directly fueled our record growth, and our technology-driven operating model translated this into record profitability," Nik Storonsky, CEO of Revolut.

Revolut Group released its Annual Report for the year ending 31 December 2024, delivering significant growth across all business segments and its fourth consecutive year of profitability.

24/04/2025

" We developed this strategic document to bring clarity in a time when making good decisions is challenging. Many retailers feel the pressure to do more with less, but reactive solutions are no longer enough. This is not just about digitalization or following fashionable trends, but about strategic choices that can make the difference between stagnation and real progress," Alex Dobre, Retail and Distribution Line Director, Zitec.

Zitec, a leader in digital transformation solutions, announces the launch of Retail Innovation Pulse, a playbook dedicated to addressing challenges in the retail industry, which explores digital strategies designed to enhance competitiveness

24/04/2025

"Bucharest hotel market performance continues its positive trajectory with RevPAR surpassing pre-Covid level by 12.6%. Further increase in performance is expected thanks to Romania entering the Schengen Area, however, the uncertainty around geopolitical situation still is an important factor to be taken into consideration for future development of Romanian hotel market, including investment activity," Alina Cazachevici MRICS, Partner, Head of Valuation & Advisory, Hospitality & Alternatives, CEE/SEE at Cushman & Wakefield.

The Bucharest hotel market recorded further performance recovery in 2024, in terms of RevPAR and occupancy rate, while the ADR finally surpassed the milestone of 100-euro average daily rate, according to the real estate consulting company Cushman & Wakefield Echinox.

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