Turkish Car Parts Maker Opsan To Open Its First Factory In Romania, In CTPark Pitesti
yesterday, 15:23
Turkish car parts manufacturer Opsan will be opening its first factory in Romania, in industrial park CTPark Pitesti. The future building will be constructed by a real estate developer especially for this project.
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Radu Opris, HPE Romania: Effervescence In Infrastructure Investments In Telecom And Banking Sectors today, 09:44
The private sector made the biggest investments in technology last year, and banks, telecom and retail companies conducted some of the most... more
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Press Review - April 26, 2018
today, 09:13
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Alumil Rom Industry Approves Highest Dividend Yield On Capital Market, Of 23% yesterday, 20:49
Romanian aluminum processor Alumil Rom Industry (ALU.RO) will pay dividends of RON0.416 per share to shareholders registered on May 21, 2018, which... more
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Omniasig Paid Damage Claims Of Nearly RON626M In 2017, Up Over 10% On Year yesterday, 17:46
Insurance company Omniasig, held by Austrian group Vienna Insurance Group (VIG), paid damage claims of nearly RON626 million, on all insurance... more
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Polish Hotel Group Orbis Officially Opens Its First ibis Styles Hotel In Romania yesterday, 16:56
Polish hotel group Orbis Group, the Eastern European partner of French group AccorHotels, a world leader in hotels and tourism, has officially... more
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Study: Organic Baby Food Market Seen Growing By Nearly 5% In 2018 yesterday, 16:16
The overall value of the food market for infants and small children stood at nearly EUR50 million in 2017, considering that organic food products... more
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PwC: Market Value Of Companies Listed On Bucharest Stock Exchange Up Nearly 20% In 2017 yesterday, 14:49
The market value of companies listed on the Bucharest Stock Exchange (BSE) rose nearly 20% throughout 2017, and, over the last six years, investors... more
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C&A Opens Store In Prima Shops Oradea yesterday, 13:07
Dutch fashion retailer C&A, the third largest profile retailer on the Romanian market, is opening a store in shopping center Prima Shops Oradea... more
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Romania Private Lending Grows 1.4% on Month in March yesterday, 13:01
Romanian private lending grew 1.4% (1.1% in real terms) in March compared with February, to RON236.68 billion, central bank data showed Wednesday. more
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EY: Global M&A Appetite Remains Healthy Despite Geopolitical Uncertainty yesterday, 11:06
More than half of global executives plan to acquire in the next 12 months, as global appetite for mergers and acquisitions (M&A) shows no sign of... more
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Banca Transilvania Net Profit Grows 48% in 1Q, To RON366M yesterday, 10:52
Romanian lender Banca Transilvania (TLV.RO) posted a profit of RON366 million in the first quarter of the year, up 48% compared with the same... more
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Fox Cold Cuts Generate RON286M Revenue In 2018 yesterday, 10:25
Fox Com Serv Distribution, the largest company of the Fox group held by the Vulpe (Romanian for ‘fox’ i.e.), ended last year with more than 286... more
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Rohatyn Group Buys Pet Store Chain Animax yesterday, 10:05
The Rohatyn Group, an asset management firm that has been looking at the Romanian market for several years, has bought pet store chain Animax from... more
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Romanian Auto Market At Decade High In Q1 yesterday, 09:36
Sales of new vehicles saw growth of 20% to 36,000 units in the first quarter, the highest level in a decade. more
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Press Review - April 25, 2018
yesterday, 09:06
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Manpower: Automation To Have Slightly Negative Impact on Short Term in Romania 04.24.2018
Automation will have a slightly negative impact on the short term on staff numbers in Romania, according to the “Skills Revolution 2.0” report... more
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Nordis Invests EUR2.5M In Its Fourth Residential Project, In Baneasa 04.24.2018
Nordis group of firms, established by real estate consultant Emanuel Postoaca, invests EUR2.5 million in its fourth project under its own brand,... more
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Ford Romania Doubles Car Production In 1Q/2018 04.24.2018
Over 36,000 Ford automobiles were made at the Romanian car plant in Craiova in the first three months of 2018, boosting Ford’s car production by... more
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Evertoys Gets Seed Funding From Sparking Capital 04.24.2018
Evertoys, which operates on the toy market, has received a seed funding from Sparking Capital, a risk capital fund specialized in supporting... more
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Agricover Credit IFN Takes Out EUR10M Loan From EBRD 04.24.2018
Agricover Credit IFN, which provides financial and agribusiness services to farmers, has taken out a loan of EUR10 million from the European Bank... more
The industrial, logistics and office sectors in Bucharest were the drivers of the real estate development market in the first nine
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The talks between Banca Transilvania and Greek-held Eurobank group, Bancpost owner, are close to completion, with the parties now going
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The NEXT-E consortium, which includes E.ON Romania, will receive EUR18.84 million under the Connecting Europe Facility (CEF) to build
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Eight of the largest cosmetics manufacturers in the world have a direct presence with wholesale and import operations in Romania. The
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Romania risks missing certain targets next year that count for the country's euro-adoption ambitions, such as its budget deficit,
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Fast-food restaurant chain KFC continues its expansion plans across Romania and is opening its first unit in Bucharest’s Old Town and
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Danish furniture retailer JYSK, sporting goods stores Decathlon and grocery retailer Profi are the retail companies with the highest
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Ambulanta BGS Medical Unit, the largest private ambulance service provider in Romania, expects to end this year with about 40 million
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Anchor Grup, the company which developed the first shopping mall in Romania, Bucuresti Mall, invests EUR9.5 million in 200-apartment
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The local software and IT services industry has grown from several hundred million dollars more than a decade ago to more than EUR4
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Asking Prices for Housing Decline in Bucharest, Grow in Other Cities in 3Q
Asking prices of home for sale in Bucharest declined but grew in other cities across the country by an average 3.5% in the third quarter compared with the second quarter, according to a report released Tuesday by real estate website Imobiliare.ro.
