Prada Invests EUR19M in New Plant in Romania
yesterday, 08:00
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.
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Romania Ranks 10th in the World by Vineyard Area today, 08:00
Romania accounts for 2.6% of the total area allocated to vineyards in the world or 190,000 hectares, International Organization of Vine and Wine... more
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Uniqa Asigurari Getting Ready to Exit Auto Liability Insurance Segment in Romania yesterday, 19:50
Uniqa Asigurari is getting ready to leave the auto liability insurance (RCA) market and has filed a request to have its license for that revoked to... more
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Antitrust Body Clears Deal Whereby Corbut Family, Promat Comimpex Will Control Agroind Cauaceu yesterday, 17:23
Romania’s Competition Council has approved a transaction whereby the company Agroind Cauaceu will be controlled by the Corbut family and Promat... more
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Evergent Investments Makes RON8.6M Profit From Selling Half Of Its Stake In Nuclearelectrica yesterday, 15:45
Following the sale of half of its ownership stake in state-run nuclear power producer Nuclearelectrica (SNN.RO), in June 2021, EVERGENT Investments... more
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Mindshare To Coordinate Unilever’s All Media Services Globally yesterday, 15:19
Global network Mindshare, part of WPP Group, becomes the main partner of Unilever for media services, globally and locally, following the... more
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Romanian Leu Plunges To New All-Time Low At 4.9495 Versus Euro yesterday, 14:35
The Romanian leu collapsed to a new all-time low against the euro on Wednesday (September 22), as the central bank average reference rate stood at... more
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BSOG Completes Installation Of Ana Natural Gas Production Platform In The Black Sea yesterday, 14:12
Black Sea Oil & Gas (BSOG), together with its co-venture partners, Petro Ventures Resources SRL and Gas Plus Dacia SRL, on Wednesday announced the... more
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Fitbit Officially Launches Charge 5 Tracker In Romania yesterday, 13:43
Fitbit, part of US giant Google, which has a software development team on the local market, has officially launched in Romania the new health... more
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Connections Consult Becomes AeRO Listed Company; Funds Its Expansion Into US Via Stock Market yesterday, 12:45
Connections Consult, a company founded in 2005 and specialized in providing software and IT services, listed its shares on the AeRO market of the... more
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Masterbuild Starts Works On New Research Center In Green Aerospace Technologies In Craiova yesterday, 12:12
Construction company Masterbuild - General Contractor & Developer announces the start of works on the new Research Center in Green Aerospace... more
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Coca-Cola Group Investments in Romania Hit EUR35M in 2020-2021 Period yesterday, 10:47
Investments Coca-Cola group made in Romania in 2020-2021 in new products, production capacity expansion or sustainable packaging amounted to EUR35... more
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DIY Retailers Bet on Brasov with at Least Four More Stores in Coming Period yesterday, 10:38
Dedeman, Leroy Merlin, MAM Bricolaj, Brick Romania are just a few of the DIY retailers to announce they’ve put Brasov on their expansion list for... more
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Private Maternity Hospital Euromaterna Constanta Reaches RON36M Turnover in 2020, Up 6% YOY yesterday, 10:27
Private Maternity Hospital Euromaterna, the biggest private maternity unit of Dobrogea, hit turnover worth RON36 million last year, 6% higher... more
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Foreign Tourists Coming to Romania for Medical Treatments in 1H Spent Some RON10M yesterday, 10:12
The over 1,700 foreign tourists who came to Romania for medical treatments in the first six months of this year spent around RON10 million, meaning... more
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Airbag Maker GST Automotive Safety Ro Sees Turnover Dip 33% in 2020, To RON66.8M YOY yesterday, 10:03
Airbag producer GST Automotive Safety Ro, the domestic subsidiary of Germany’s Global Safety Textiles acquired in 2011 by South Korea’s... more
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Netherlands’ Rubitech Hits Over RON27M Turnover in 2020, Up 23.5% YOY yesterday, 09:52
Rubitech Romania, the domestic arm of Dutch group Rubitech, a supplier of aluminum die castings, for 2020 reported turnover of above RON27.1... more
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CDI Ends 2020 with RON20M Turnover, Half 2019 Level yesterday, 09:44
Passenger road transportation company CDI Transport Intern si International, controlled by businessman Ion Comusi, in 2020 generated turnover worth... more
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Furniture Manufacturer Artemob International Revenue Down to RON121M in 2020 yesterday, 08:00
Furniture manufacturer Artemob International posted RON121 million (EUR25.1 million) revenue in 2020, a decrease of 15.5% year-on-year, ZF has... more
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Compa Sibiu Sets Up Arini Hospitality to Develop Two Hotels in Sibiu 09.21.2021
Automotive component manufacturers Compa Sibiu has set up a company, Arini Hospitality, to develop the Mercure - Ibis project. more
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Avram Iancu International Airport In Cluj Carries One Million Passengers So Far In 2021 09.21.2021
The Avram Iancu international airport in Cluj-Napoca carried its 1,000,000th passenger on Tuesday, Sept 21, 2021. more
Higher education, water distribution, energy efficiency and private sector investment across Romania will benefit from more than EUR809
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Alpha Real Estate Services (ARES), the real estate arm of Greek Alpha Bank Group, has sold three iconic hotels in the heart of
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Portugal’s EDP Renewables (EDPR), the third most important investor in green power in Romania, says new projects will only come if
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Romanian carmaker Dacia, owned by France's Renault, registered a record number of orders over the weekend for its first all-electric
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Portland Trust, one of the most powerful real estate developers in Romania, says it plans to have a more than 500 MW solar park
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Foreign investors operating on the Romanian financial market injected over RON200 million (around EUR42.3 million) as capital into
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The Cluj county council has issued an urban planning certificate in view of area planning and feasibility studies for the city's future
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The assets managed by private pension funds (Pillar II and Pillar III) reached RON78.07 billion at the end of 2020, 21% higher compared
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Real estate developers delivered some 142,400 square meters of new modern retail spaces in 2020, little over half of the estimates
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One in Ten Tourism Employees Exited Sector in 2020
One in ten tourism employees left the industry in 2020, so that the domestic hospitality market had just 165,000 workers last year, in line with ZF calculations based on Trade Registry data.
