today, 08:00

The seven Pillar II (mandatory) private pension funds in Romania, which hold significant stakes in the companies listed on the Bucharest Stock Exchange, had RON87 billion assets at the end of more

yesterday, 10:22

Furniture retailer Ikea, present with two stores in Romania, went beyond the RON1 billion turnover mark domestically in the financial year ended on August 31, 2020, according to the group’s more

yesterday, 10:12

FAN Courier, Romania’s leading courier services company, expects to generate RON1.1 billion revenues this year as in the first nine months volumes rose by 10% against the year-earlier period, more

10.15.2021

Romania needs to invest EUR23 billion in the energy sector to comply with the Integrated National Energy and Climate Plan (INECP) as undertaken before the European Commission. more

10.14.2021

Tiriac Group used EUR3 million of its about EUR30 million investment budget for Tiriac Tower for projects intended to curb carbon emissions such as bike racks and lockers with showers for those more

10.14.2021

Real estate developer Akcent Development plans to carry out investments on several already acquired land plots, both in district 1 and district 6 of Bucharest. more

10.12.2021

Affidea Romania, the largest player on the local medical imaging services market, announced it opened Affidea I Hiperdia medical center in Cluj in the wake of total EUR2.7 million investments. more

10.12.2021

The Romanian arm of Eglo Leuchten Austria, one of the world’s leading lighting producers, wants to open own showrooms in Romanian cities with at least 200,000 inhabitants and on the short term is more

10.11.2021

Italian fashion group Prada, a major player in the luxury industry, is building a new, 11,000-sqm, plant in Romania, due to be finalized next year. more

10.08.2021

Construction company Masterbuild wants to carry out development activities and is readying a project involving an industrial park with cooling systems, located in Butimanu (Dambovita County), which more

10.08.2021

Croissant, biscuit and wafer maker Alka Trading, including brands such as Alfers and Toortizi in its portfolio, is poised to invest RON10 million in production, with half of the sum coming as state more

10.06.2021

Entrepreneur family Vasile and Marilena Ene invested EUR3 million to expand and retool the air filter plant of Mizil, Prahova county, which can currently produce 100 HEPA filters per day. more

10.04.2021

Mortar, paint and base coat manufacturer Baumit, owned by Austrian concern Schmid Industrie Holding, is expanding the plant it holds in Sag, Timis county. more

09.30.2021

Morphosis Capital, a private equity fund with EUR50 million capital subscribed in Romanian SMEs, has taken over 51% in EMI, a player on the industrial access system market. more

09.29.2021

Retailer Altex, Romania's leading electronics retailer held by businessman Dan Ostahie, will be opening an electro-IT hypermarket on Thursday, in capital Bucharest, following an investment of over more

09.29.2021

Real estate developer Element Industrial, controlled by entrepreneur Ionut Dumitrescu, embarked on a new project in eastern Romania, ELI Park Braila, an over EUR25 million investment. more

09.28.2021

Solina Romania, the former Supremia Grup, one of Romania’s biggest makers of food ingredients and spices, is set to finalize in October a EUR17 million investment in building a plant from scratch in more

09.27.2021

Cristian Rada, Blue Air stakeholder, invests in a new airline called Hello Jets, but the new business line with provide services that are complementary to those of the already existent low cost more

09.27.2021

Metal roofing tile producer Brachotrapez, owned by the Polish group of the same name, is going to create 20 jobs in the wake of state-backed investments in a new plant in Baia Mare. more

09.24.2021

With almost EUR90 million earmarked for investments, MedLife, leader of Romania’s private healthcare services market, will go beyond the EUR300 million threshold in terms of turnover this year. more

09.24.2021

Slatina-located cake producer Natural is continuing production investments with a EUR3 million stage, after finalizing a EUR15 million investment project and is also readying to enter new export more

09.24.2021

Renovatio Asset Management, a company with more than 1,000 MW in renewable energy projects in Romania and the local partner of Portugal’s EDPR, one of the major investors in the local green energy more

09.23.2021

Bega Turism, the biggest tourism company in Timis county, controlled by Cristescu brothers, plans to invest EUR8 million in a new hotel in Timisoara, according to the company’s officials. more

09.23.2021

Moldavia currently has wind power projects worth around EUR650 million underway, according to ZF calculations based on Transelectrica data. more

09.22.2021

Hipic Prod Impex in Sibiu County, controlled by fashion group Prada, will invest EUR19 million in a new plant in Romania and create more than 330 jobs. more