25 nov 2024

In the past 16 years, the number of microenterprises, small and middle-sized companies has gone up by almost 40%, with the growth primarily supported by a rising number of microenterprises, in line more

21 nov 2024

5 to go coffee shop chain is likely to reach around 670 coffee shops by yearend. more

1 nov 2024

The Hyatt Group, which has recently signed the franchise agreement for the ARO Palace Hotel to be reopened under the Hyatt Regency Aro Palace Brasov brand, is looking at Bucharest for expansion. more

1 nov 2024

Sameday, one of the largest actors on Romania’s parcel delivery market expects 40% growth in revenue this year, CEO Lucian Baltaru told a news conference. more

30 oct 2024

Bucharest’s Corinthia hotel will open in the first part of 2025, more specifically in the first quarter, Simon Casson, Corinthia Group CEO, told ZF. more

29 oct 2024

Hotel company ARO Palace, controlled by Transilvania Investments, has signed the franchise agreement with hotel chain Hyatt to transfer the ARO Palace hotel under the international brand. more

22 oct 2024

ThaiCo spa center network, with four units in Bucharest, is operating its first investment outside Bucharest, in Cluj-Napoca, in a location with a total area of over 400 square meters. more

14 oct 2024

Romanian tourists spent EUR2.6 billion on vacations abroad in the three months of summer, June-August, according to ZF calculations based on data from Romania’s central bank. more

30 sep 2024

Belis-Fantanele compound of Cluj county will reopen in the second half of 2026 under the Hampton by Hilton brand, the representatives of Transilvania Trek, which owns the complex, told ZF. more

19 sep 2024

Austrian transport and logistics company Gebrüder Weiss has officially opened the second logistics hub near Bucharest, more specifically in Popesti-Leordeni. more

17 sep 2024

Timisoara-based pastry maker Senneville is investing EUR15 million in two production units in Calan, Hunedoara county. more

16 sep 2024

After acquiring two hotels abroad, more exactly Grand Hotel Gardone of Italy and Waldhaus Flims Wellness Resort of Switzerland, Paval Holding is also looking at the local market to invest in the hotel more

12 sep 2024

eSky.ro, the Polish group's platform operating on the local market, is managed by the eSky Travel Search company, which is to be closed, and the platform will be operated by a legal entity in Poland. more

10 sep 2024

Transilvania Nuts, controlled by entrepreneurs Levente Bara and Alexandru Chiric, with operations in the field of walnut kernel processing, wants to invest EUR7 million to build a new plant in Ciugud, more

4 sep 2024

Travel platform Vola.ro forecasts a 30% revenue increase in 2024, to RON24 million, according to Daniel Truica, its CEO. more

3 sep 2024

Mineral water producer Perla Harghitei expects turnover to rise by 20% this year, with growth also supported also supported by the high temperatures that boosted beverage sales. more

3 sep 2024

The first Swissotel Hotel in Romania has opened in Poiana Brasov, its officials announced on LinkedIn. The hotel should have opened this spring, but work has only been completed recently. However, more

2 sep 2024

Local accommodation units, mainly made up of hotels and pensions, registered total revenues worth RON10.8 billion in 2023, a record high for the owners on the market, in line with Trade Registry data. more

7 aug 2024

Nitramonia BC, the company controlled by Eusebiu Gutu, Pambac owner, which manages Slobozia chemical compound, ended 2023 with RON2.4 billion, 15% higher than in 2022. more

7 aug 2024

The Bucharest National Airport Company (CNAB), which manages Otopeni airport, has signed the contract for the modernization of Otopeni terminals. more

6 aug 2024

Local accommodation units welcomed 5.7 million tourists in the first half months of 2024, meaning an increase of just 3% from the year-earlier period, in line with data provided by Romania statistics more

1 aug 2024

Merlin Bevrages, a producer of soft drinks under brands such as Vitamin Aqua and Pop Cola, is launching a new product range in the ice tea category, which it will enter with Plafar brand. more

24 iul 2024

Local airports continued to witness growth and in the first six months of 2024 recorded 11.8 million passengers, a 5% advance from the same period of 2023, in line with data provided by the Romanian more

8 iul 2024

Cheile Gradistei tourism and sports complex ended 2023 with RON54 million revenue, Finance Ministry data show, its highest ever. more

28 iun 2024

Lagardere Travel Retail, part of French group Lagardere, with operations in travel retail and the hospitality industry, has won a large part of commercial spaces tendered by Otopeni airport, thus more