16 sep 2021

Axa Trans Construct is a builder owned by Virlan family, operating in the field of civil and industrial constructions as a general entrepreneur. The pandemic drove the company’s turnover to RON35 more

15 sep 2021

Romania’s postal and courier services market ranks 14th among the markets of EU countries, with a value put at EUR1.2 billion in 2021, 8.8% lower than in 2020, in line with Ibisworld data. more

9 sep 2021

Ramada by Wyndham Targu Jiu hotel, the first four-star hotel under an international brand in Gorj county, opened on September 1. Prices per overnight accommodation start from RON329, in line with more

2 sep 2021

Serban Radu, co-founder of bookstore chain Carturesti, says online sales increased significantly last year amid the closure of physical bookstores amid the pandemic, but their reopening was not more

2 sep 2021

Revenues generated by the company managing Bucharest Intercontinental hotel dropped by 16% in the first half of this year, to just RON8.4 million. more

30 aug 2021

Five-star hotel Radisson Blu of Cluj-Napoca is due to open next spring, after its launch was delayed one year. more

27 aug 2021

Gebrüder Weiss, one of the largest logistics and transport operators in Romania, plans to expand its logistics space in Bucharest and Sibiu by about 20% next year. The company currently has 65,000 more

27 aug 2021

Four-star Capital Plaza Hotel in Bucharest posted almost 80% decline in revenue to merely RON3 million in 2020, Finance Ministry data show. more

26 aug 2021

Despite the steepest crisis the hospitality industry is coping with, investors’ interest has not dwindled as they are betting on projects worth tens of million euros in this field. more

25 aug 2021

Garden Inn Bucharest Airport Hotel, controlled by Lithuania’s Apex Alliance, in July posted a 70% occupancy rate, with demand on an upward trend in recent months. more

24 aug 2021

Antonio Nitu, general manager of travel agency Aerotravel, says he noticed rising demand for business travel, with Romanian small and medium-sized companies starting asking for both outbound and more

10 aug 2021

The new travel restrictions, namely the inclusion of Greece, France and Spain on the red list and of Turkey on the yellow list, are significantly pushing up demand for the Romanian seaside. more

10 aug 2021

Phoenicia hotel group, controlled by businessman Mohammad Murad, last year generated turnover worth RON95 million, 26% lower than in 2019, when the group’s turnover got close to RON130 million, more

9 aug 2021

Cluj and Timisoara airports saw growth of up to 130% in traffic in July compared with the year-ago month, partly because of the higher number of charter flights, which accounted for 16% of the total more

6 aug 2021

The first half of 2021 saw the number of newly-set up companies hit a peak compared with the similar periods of the previous years, with over 79,700 companies being established in the first six months more

5 aug 2021

Lithuanian hotel operator Apex Alliance, which owns and operates four hotels in Bucharest, has finalized its EUR42 million investment in Bucharest’s Old Town. more

5 aug 2021

One in ten tourism employees left the industry in 2020, so that the domestic hospitality market had just 165,000 workers last year, in line with ZF calculations based on Trade Registry data. more

5 aug 2021

Damen Galati shipyard, one of the largest in Romania, posted 70% higher revenue year-on-year, RON806 million in 2020, Finance Ministry data show. more

13 iul 2021

Mihail Kogalniceanu International Airport in Constanta saw only 14,700 people passing through it in the first half, about 72% fewer than in the year-ago period, the data the company officials supplied more

14 iun 2021

Nemo Express Logistic and Nemo Prod Com Impex, the companies of the parcel delivery group Nemo Express, posted RON118.6 million revenue together last year, 16% lower compared with 2019, when the more

11 iun 2021

Arad-based freight carrier International Alexander posted RON432 million revenue in 2020, 7% more than the RON402 million of 2019, Finance Ministry data show. more

9 iun 2021

Logistics and parcel delivery company DHL Express Romania posted growth of 6% in revenue to RON364 million last year. The growth comes amid rising online volumes. more

8 iun 2021

Rail freight transportation company E-P Rail posted 10% growth in revenue to RON394 million in 2020 from the RON357 million of 2019. Its officials expect revenue to reach RON500 milion this year, more

7 iun 2021

Freight carrier Aquila Part Prod Com, the largest company in the Aquila group, has entered the billionaire club after posting growth of 57% in revenue to RON1.4 billion in 2020. more

2 iun 2021

Airline Blue Air posted 65% decline in revenue to merely RON757 million last year, compared with RON2.1 million in 2019, the company said. more