01.21.2022

The International Investment Bank (IIB), founded in 1970 by several countries including Romania, on Friday said it started the implementation of the financing plan for 2022, with two transactions more

01.21.2022

Portugal’s EDP Renewables (EDPR), the third strongest investor in Romania’s green energy, took over Beta Wind project company, the developer of a 151-MW wind project, according to market sources, more

01.21.2022

Tulcea-based bakery company Lidas, controlled by entrepreneur Elena Anastase, stared construction works for the second bakery plant, in Cataloi, in a EUR46 million investment, half covered by state more

01.20.2022

The roofing and insulating panels manufacturer Impro, a subsidiary of the Polish group of the same name, has planned investments in its factories in Romania, in Timisoara and Cluj-Napoca this year. more

01.20.2022

Artisanal bakery chain Pain Plaisir, controlled by entrepreneurs Irina Stancescu and Tom Rees, will be opening in February a central production unit that will sustain existing stores and future store more

01.19.2022

Paper manufacturer Pehart, controlled by private equity fund Abris Capital, is inaugurating a new production line at its factory in Sebeş, following an investment of EUR10 million. more

01.19.2022

Sortilemn Gherla, a major local supplier for IKEA group, controlled by Austrian Michael Brandhuver, in 2021 generated EUR37.2 million turnover, up 17% year-on-year, in line with company data. more

01.19.2022

Tiberiu Danetiu, marketing manager at Auchan Romania, said the company’s turnover rose year-on-year in 2021, with turnover generated by e-commerce doubling. more

01.19.2022

Romanian building materials producer Soceram is adding a new production unit to its portfolio. more

01.19.2022

Denmark’s Glerups, a producer of wool footwear, is expanding its production operations in Romania with a new hall and wants to hire 100 people in Aiud, Alba county, according to the representatives more

01.18.2022

Astra Vagoane Calatori, one of the biggest players on the local rolling stock market, controlled by Valer Blidar, in 2021 doubled its turnover and for 2022 expects it to at least stay at last year’s more

01.18.2022

Baicoi-based roofing systems maker Novatik in 2021 started an over EUR1.2 million investment and hopes to complete it in the first half of this year. more

01.18.2022

Private healthcare services network Regina Maria, the biggest player on Romania’s market, owned by investment fund Mid Europa Partners, expects to cross the EUR300 million threshold in terms of more

01.17.2022

Automotive safety systems manufacturer Autoliv approved the start of a RON165 million (approximately EUR55 million) investment in its Lugoj plant in Romania in 2021, where 300 new jobs will be more

01.17.2022

HCL Online Advertising S.R.L, which operates Tazz by eMag business, in 2020 generated RON14.3 million turnover, up 872% on the year, with the delivery platform likely to see its turnover double, to more

01.14.2022

Paint and varnish manufacturer Policolor-Orgachim plans to invest over RON20 million in the next three years in digital development and automation. more

01.13.2022

French DIY retailer Leroy Merlin, with 19 stores in Romania, went beyond the RON3 billion (EUR600 million) turnover locally in 2021, meaning an over 38% increase, in line with ZF calculations based on more

01.12.2022

Mohammad Murad, the owner of Phoenicia Hotels and one of the largest hoteliers in Romania, plans to enter the food retail sector by investing over EUR20 million in a shopping center, near Snagov more

01.12.2022

Car parts manufacturer Preh Romania in 2021 wound up a EUR13 million investment program aimed at new project development for Daimler, Volkswagen, BMW and Tesla. more

01.12.2022

Oradea-based producer of PVC and aluminum windows and doors, owned by Romanian entrepreneurs Marius and Simona Pantis, for 2022 has budgeted EUR22 million investments to boost production capacity. more

01.11.2022

Grigore Horoi, chairman of Agricola Bacau, a major player on Romania’s poultry market, also producing cold cuts, as well as ready meal items and eggs, says the group has not have and does not have more

01.11.2022

Lithuanian-held Apex Alliance, which owns five hotels in Romania, has budgeted 20-25% bigger turnover in 2022, according to the company’s officials. more

01.11.2022

Sanconfind hospital of Campina, Prahova county, controlled by entrepreneur Ioan Simion, will top RON30 million in turnover this year and turn into the black, according to the company’s officials. more

01.10.2022

Schaeffler Romania, the local subsidiary of the Germany’s Schaeffler, has completed investments of over EUR800 million since the start of production in 2004 and has become one of the most important more

01.10.2022

Alro S.A. (ALRO.RO), one of the largest vertically integrated aluminium producers in Europe, in terms of production capacity, said in a stock market report Monday that Vimetco Extrusion (VE), its more