13 dec 2023

FAN Courier, the leader of the parcel delivery market in Romania, saw its revenue go up 15% to RON1.25 billion this year. The growth is because of the growth of online sales, of the investments the more

7 dec 2023

Most passengers taking off from the Henri Coanda (Otopeni) International Airport went to Vienna, Amsterdam, London, Tel Aviv and Paris last year, over one million people in all, Eurostat data show. more

7 dec 2023

Vitamix, a local retail of natural products and cosmetics, has added 13 units to its network this year, reaching a total of 62 own units. more

4 dec 2023

Made by Society, the former Vagabond Studio, one of the most powerful Romanian fashion brands by sales and size of the retail chain, plans to expand to Poland, after having opened stores in the UK and more

4 dec 2023

Beltrame, the Italian group that controls the Calarasi and Targoviste steel plants, has invested around EUR28 million in the two production units and investments will not stop here. more

24 nov 2023

Accor, the biggest international hotel group active in Romania, will, by yearend, have 20 hotels under the brands part of its portfolio on Romania market, being the first international chain to reach more

14 nov 2023

Constructii Erbasu, a major company in the construction field, controlled by Cristian Erbasu, will open two new hotels in Bucharest and Oradea under brands part of Accor portfolio, namely Novotel more

14 nov 2023

Taparo group, a major furniture producer locally, wants to expand its activity on the US market, which has become more accessible for European furniture manufacturers in recent years. more

9 nov 2023

Hyatt, a leading global hospitality company is prospecting the Romanian market as part of its strategic expansion plans in Eastern Europe. The group is seeking to make its entry into the local market more

2 nov 2023

Cramele Recas, a major winemaker in Romania, plans to expand its production and warehousing capacity. more

1 nov 2023

Airline Dan Air announced it would be flying from Bacau as of November 13, after leaving Brasov. The main reason why it made this decision was that the Brasov Airport delayed extending its opening more

31 oct 2023

Airline Dan Air has announced it will cease operations on the Brasov Airport and move to Bacau, as a result of the decision of the Brasov Airport to delay extending the opening hours for January 2024. more

25 oct 2023

Black Friday, one of the busiest periods for retailers and parcel delivery companies, could generate a 10% to 15% increase in deliveries for the latter compared with last year, the actors in the more

20 oct 2023

Bucharest, Brasov and Arad will get new hotels under international brands as of 2024. The local market will add more than 580 rooms in such hotels from various brands. more

5 oct 2023

IPEC Alba Iulia, one of Europe’s leading producers of porcelain plates, plans to invest EUR10 million in a porcelain cup production unit. more

4 oct 2023

Accor, a leading hotel group in Europe, is expanding and entering with its first hotel on the market of Cluj, where an ibis Styles-brand hotel will be opened in the second quarter of 2025. more

3 oct 2023

Cargus, a major player on Romania’s courier services market, is expanding its foothold on the markets of Czechia, Slovakia, Germany, Hungary, Bulgaria and Greece after entering Poland, where it has more

11 sep 2023

The hotel market of Cluj-Napoca has added a new five-star hotel. With a EUR15 million investment, Cristina and Claudiu Petrut have opened Vibre hotel aimed at the business segment. more

11 sep 2023

Mogotel group, a Latvia-based international hotel operator, wants to enter Romania market and plans to open 20 hotels in Bucharest and countrywide. more

4 sep 2023

Accor, one of the largest hotel chains in the world, will open a new ibis Styles Hotel in Pitesti, the group said. The hotel chain signed a franchising agreement with HR Eden 2007, which runs the more

24 aug 2023

Nitramonia BC, the company managed by Eusebiu Gutu previously known as Popasul Trebes, reached RON2 billion revenues in 2022, thus entering the league of RON billionaires. more

22 aug 2023

Romanian-held fast-food chain Fryday will grow to eight restaurants by the end of November, in only four years after opening. Its founder, Suceava entrepreneur Lucian Florea expects EUR5 million more

14 aug 2023

The accommodation market made a record profit of RON2 billion in 2022, which means a profit margin of 20%, a very high level for an industry where costs are quite high. Few industries manage to reach more

9 aug 2023

Travel agencies ended 2022 with RON5 billion revenue, a record high for the local market, Trade Register data show. more

27 iul 2023

Prodal 94, a major producer on Romania’s spirits market, ended 2022 with turnover of above RON175 million, up 50% from 2021. In the past two years, the business has more than doubled. more