15 sep 2020

Coca-Cola HBC Romania, the largest beverage bottler in the country, saw a 10% to 20% decline in sales in the first half, following the lockdown impact especially on the hospitality industry. more

25 aug 2020

Furniture manufacturer PGS Sofa & Co in Oradea ended 2019 with more than 344 million lei (EUR71 million) revenue, 4% higher than in 2018, Finance Ministry data show. more

19 aug 2020

The top 30 employers in Romania’s automotive industry (car and component manufacturing) slashed 10,000 jobs in 2019 compared with 2018. This was the first time in five years when the industry laid more

17 aug 2020

Rolling stock manufacturer Astra Rail Industries, which owns railcar plants Astra Vagoane Arad, Romvag in Caracal and Meva in Turnu Severin and is the largest rolling stock maker by revenue in more

14 aug 2020

International road freight carrier Trans Euro Express ended 2019 with more than 113 million lei (EUR23.3 million) revenue, 8% higher than in 2018, Finance Ministry data show. more

8 iun 2020

Blue Air, the largest Romanian-held airline, posted over EUR80 million lower than expected sales in March-May 2020. more

5 mai 2020

A downgrade of Romania’s rating to junk would cause a chain reaction, so the government should do everything in its power for the rating agencies not to downgrade Romania’s rating, believes Sergiu more

23 mar 2020

Telecom watchdog ANCOM estimates traffic in the communications networks will surge by up to 50% over the coming period * Jean Valvis, the chairman of Valvis Holding: Sales are up 250% to 300’% at more

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