25 aug 2022

Mircea Cirt, founder of ATP group made up of several companies, says he asked for state aid for an investment project entailing boosting truck production and assembly capacity 20-30 times. Should the more

28 iul 2022

Coffee shop chain 5 to go, which has reached 400 units, will end 2022 with EUR25 million, according to its founder, Radu Savopol. The 2022 figure is almost double the 2021 level. more

26 iul 2022

Doina Cepalis, Te-Rox Prod founder and a board member at Holmbergs, which now owns the Pascani-based company, says local turnover will range between 10% and 15% this year, with growth set to be more

21 iul 2022

Verdino, a startup co-founded by entrepreneurs Raul Ciurtin and Eberhart Raducanu, which makes pea protein-based foods, has attracted a new funding round from its already existent shareholders. more

20 iul 2022

Bucharest’s Radisson Blu Hotel will have 200 additional rooms by end-2023, so that the entire compound made up of Radisson Blu and Park Inn by Radisson Hotel & Residence Bucharest will comprise more

11 iul 2022

Romania has one of the lowest recovery rates of travel in Europe, as the number of arrivals in the first five months of 2022 stands at only 52% of the level reported in the same time of 2019, the year more

6 iul 2022

Cargus, one of the biggest players on Romania’s courier services market, has a EUR55 million investment budget for the next two years, with investments set to focus on e-commerce, innovation and the more

28 iun 2022

Coffee shop chain Ted’s Coffee is set to open another four units in 2022, according to Vasi Andreica, the chain’s founder. more

20 iun 2022

Hotel compound Cheile Gradistei, controlled by businessman Ovidiu Garbacea, posted record high turnover in 2021, of RON41 million, 50% higher on the year. more

16 iun 2022

City Grill group, controlled by businessman Dragos Petrescu, is adding the first hotel to its portfolio. The hotel is due to be opened on July 1st in the historic building that hosts Hanu Berarilor, more

15 iun 2022

Accor hotel group plans to go beyond the 1,000-employee mark by the end of 2022, having 950 employees at present. more

9 iun 2022

Consumer goods distribution company Interbrands, entirely taken over last year by Croatia’s Orbico, last year saw its turnover surge by 170%, to RON3.7 billion. more

30 mai 2022

European online fashion retailer Zalando, which already has a presence in 25 countries, launched in Romania on Monday. The retailer carries 350,000 products from 1,700 brands, and expansion in Romania more

26 mai 2022

Courier services company Nemo Express Logistic, part of group Nemo Express, in 2021 hit RON137.9 million turnover, pointing to revenues shifting back to the 2019 level, of RON137 million. more

20 mai 2022

Luxury hotel group Kempinski, headquartered in Geneva, Switzerland, is contemplating the Bucharest market for the opening of a hotel, according to the chain’s representatives. more

19 mai 2022

Hotel group Accor, a major player on Romania’s hotel market, is expanding its portfolio with a new Mercure hotel in Cozieni, Ilfov county. more

17 mai 2022

Alexandru Lascar, co-founder of Bucharest’s fitness center network Stay Fit Gym, says this year’s plans envisage taking the network to around 20 centers and hitting turnover of around EUR3.5 more

13 mai 2022

Courier services company GLS Romania last year registered 20% turnover growth, to RON336 million. more

13 mai 2022

Macromex, the largest Romanian-owned distribution business, ended 2021 with turnover worth around RON633 million, up almost 7% year-on-year. more

12 mai 2022

The former Intercontinental hotel, currently Grand Hotel Bucharest, managed by Compania Hoteliera Intercontinental, in 2021 registered RON18 million turnover, up almost 50% from the previous year. more

12 mai 2022

Dragos Sirbu, CEO of electro-IT retailer Flanco, says the company will enter Poland, and then Germany, the Czech Republic and maybe Greece in 2022. more

10 mai 2022

Agricola Bacau group, a major player on the poultry meat market in Romania, also a producer of cold cuts and ready-meal items and eggs, aims to increase its turnover by 11% in 2022 despite challenges more

6 mai 2022

Hotel company THR Marea Neagra, which manages 11 seaside hotels and several restaurants, doubled its turnover in 2021 against 2020. more

5 mai 2022

Romanian Tudor Personal Tailor, a business specialized in the production of men’s made to measure suits, has recently opened a showroom in Iasi, the fourth in Romania. more

2 mai 2022

Hotel company Tusnad, which manages two accommodation units in Tusnad resort, doubled its revenues last year, to around RON11 million, from RON5 million in 2020. more