Media
Ringier Romania Becomes Sole Owner of Imobiliare.ro, Appoints New CEO
Media group Ringier has become the sole owner of real estate platform imobiliare.ro after buying out founders Adrian Erimescu, Ciprian Gheran and Radu Andrei.
Romanian Advertising Market Seen Declining 9.8% in 2020
The advertising market in Romania is expected to drop 9.8% this year, in line with the global average decline of 9.9%, according to estimates by GroupM Romania, a division of WPP.
Romanian Media Market Grows 7% in 2019, to EUR487M
The media market in Romania grew 7% on the year in 2019, to EUR487 million, and is seen growing 5.5% in 2020, to EUR514 million, according to the latest Media Fact Book report by media agenc...
PwC Romania: Net Salaries in Advertising Grow 3% on Average in 2019
Net salaries in the Romanian advertising industry grew by 3% on average since the beginning of 2019, compared with 2018, according to a survey by PwC Romania ordered by the Union of Advertis...
ProTV Group Posts $87M Turnover, $42M Operating Profit In 1H/2019
Television group ProTV, which comprises television station ProTV and other Pro television channels, reported a turnover of $87.17 million in the first half of 2019, lower than $95.5 million...
PwC: Romania Media And Entertainment Industry Seen Reaching $3B Threshold In 2019, Up 7.1% YoY
The Romanian media and entertainment industry will reach the USD3 billion threshold in 2019, up 7.1% from 2018, but remains the smallest market in Central and Eastern European (CEE), accordi...
IAA Romania Opens First Regional Hub, In Cluj-Napoca
International Advertising Association-IAA Romania, the main professional association in the Romanian marketing and communications industry, is expanding in Cluj-Napoca, as of May, and openin...
Austrian Cineplexx Acquisition of Baneasa Shopping City Cinema Confirmed
Austrian giant Cineplexx International is acquiring Grand Cinema & More within Baneasa Shopping City in northern Bucharest for an undisclosed multi-million euro amount.
Antitrust Body Clears Verla Takeover by Antalis
Romania's antitrust authority has cleared the deal whereby Antalis, the paper distribution division of French group Sequana, bought local advertising materials distributor Verla.