14 ian 2020

Travel agency Paralela 45 ended 2019 with EUR70 million sales and expects sales to grow by 15% this year. more

12 dec 2019

Romania has the necessary natural resources – the water springs, to become a top player on the world’s mineral water market and the stake of the Romanian brands may increase from a local market of more

28 nov 2019

Bookstore chain Diverta held by businessman Octavian Radu has a network of about 30 bookstores and will continue expansion with at least three next year. The company has recently reopened its store in more

19 nov 2019

The street food market in Romania is now worth EUR15 million to EUR20 million after almost four years of development, numbering 350 to 400 brands selling their products via food trucks, said Florin more

15 nov 2019

Footwear retailer ECCO Shoes Romania has announced it expects to end the year with EUR8.5 million sales, 15% lower than estimated at the beginning of the year, EUR10 milion. The company officials did more

30 oct 2019

Romanian agribusiness producers, either small or medium-sized, should be more visible on the shelves of the major foreign store chains, currently flooded by industrial products, because there is more

18 sep 2019

Private healthcare providers say they watch spending when they invest, which helps them streamline the costs they have. For instance, entrepreneur Mihai Miron invested EUR23 milion in a new location more

17 sep 2019

Implementation of prevention programs so as to lead to an efficient state-of-the-art healthcare system must come from statistical data about the health issues of the patients, which would provide an more

16 sep 2019

More than 943,000 Romanians working under employment contracts earn over EUR1,000 (4,725 lei) in gross amount per month, according to the information supplied by the Labor Inspection Department at the more

11 sep 2019

There are 87 employment contracts active in Romania of people who earn gross monthly salaries of 100,000 lei (more than EUR21,000) to RON200,000 (EUR42,000), the data on the highest salaries in the more

25 iul 2019

Diana Sucu, wife of businessman Dan Sucu, expects the luxury furniture business she owns to post 20% growth this year. Her business sells three luxury furniture brands in Romania – Ethan Allen, more

1 iul 2019

Computer and electronics retailer Altex Romania plans to open eight more stores in the country by 2020. more

28 iun 2019

We need confidence, a stable and predictable fiscal framework, we need the politicians to stop confusing the business sector was the message sent by the representatives of the business sector more

29 mai 2019

Romania has benefited from significant economic growth in the last few years, but despite that, the business sector is still having some difficulties, some of which can be found on other European more

22 mai 2019

Every company, the small and medium-sized ones included, is now targeted by cyberattacks and the risks involved have become so great – from data loss to disruption of operations, that management more

15 mai 2019

Most Romanian entrepreneurial companies make the mistake of not being able to ask for help when they run into money trouble and managers insist on fixing the issues themselves, most of the time more

8 mai 2019

One of the obstacles hindering the progress of the food industry is bank funding, because banks do not grant loans for more than ten years, so those investing in production are unable to be more

6 mai 2019

Sporting goods retailer Intersport, which has 31 stores in Romania, plans to open stores in smaller cities such as Targu Jiu and Targu Mures, Valentin Cristescu, head of marketing of Intersport more

18 apr 2019

Domestic and outgoing travel are on the rise, says Alin Burcea, CEO of local travel agency Paralela 45, but the government is not doing a good job of managing the money located to promoting travel to more

17 apr 2019

Securing long-term loans for more than 15 years from banks to make investments in equipment or to buy buildings to operate in, is hard and the 6% interest is too high compared with Western Europe, the more

12 mar 2019

The tax incentives the construction sector got through Government Ordinance 114/2018 will lead to a 30% raise of workers’ pay, but only for skilled and productive ones, Cristian Erbasu, owner of more

21 feb 2019

“We want to invest but we want to understand the market we invest in,” Christina Verchere, CEO of OMV Petrom said at the ZF Power Summit 2019. more

20 feb 2019

Some of the largest actors in the energy sector say they will continue to invest, though more cautiously, expecting the Emergency Ordinance 114 on taxation changes to be amended soon. more

19 dec 2018

Sporting goods retailer Decathlon will end 2018 with 23 stores in Romania and the goal for 2019 is to open five more in the country, said Lacramioara Rosca, marketing manager of Decathlon Romania. more

3 dec 2018

French-held sporting goods retailer Decathlon has grown to 23 stores in Romania by opening a new one in the Veranda Mall and plans to continue expansion with two more – in Deva and in Bistrita in more