21 mai 2014

Businessman Ioan Tecar, owner of group MG-Tec, which includes 10 companies, started a EUR20 million investment from own funds and state aid of EUR10 million to acquire and install a tissue paper more

8 mai 2014

Napolact, one of the oldest dairy brands on the Romanian market, has reached a network of seven stores in Cluj county, after having launched a new store concept with a 100-sqm area including a coffee more

6 mai 2014

Automotive industry wiring manufacturer Leoni Wiring Systems Arad, a subsidiary of German group Leoni, has planned investments of around EUR7 million for this year to expand the car wiring plant of more

30 apr 2014

German-held car part producer Hella, one of the 100 most valuable companies in Romania, will have over 2,200 employees in the Eastern European country at the end of the current fiscal year (June more

15 apr 2014

IT services provider Accenture Romania, the former Evoline company acquired in late 2013 by US giant Accenture, targets investments of EUR3-4 million in 2014, mainly to relocate the office in more

3 apr 2014

SoftVision, one of Transylvania’s largest software application developers, is set to hire at least 200 people in 2014, getting thus to a headcount of above 1,100 people. more

2 apr 2014

Belgian-held automotive component manufacturer VCST Automotive Production Alba expects EUR9.6 million revenue this year, ten times higher than in 2013, fueled by rising demand from existing customers. more

28 mar 2014

Cluj-based software services and solutions provider EBS Romania, acquired in late 2013 by Japan’s group NTT Data, wants to hire at least 100 people this year, mainly programmers and economists. The more

3 mar 2014

EnergoBit group of firms, a major player on the energy equipment and works market, in 2013 generated revenue of EUR176 million, up 10% year-on-year, according to preliminary data released by the more

21 feb 2014

Tissue paper product manufacturer Pehart Tec of businessman Ioan Tecar ended 2013 with 242.8 million lei (EUR54 million) revenue, 7% higher than in 2012. more

13 feb 2014

Automotive safety systems manufacturer Autoliv Romania, the 12th largest exporter in the country, will hire 500 people this year with plans to reach almost 7,000 employees by the end of 2014. more

11 feb 2014

Romanian cardboard packaging producer Ecopack Ghimbav, controlled by businessman Vladimir Cohn, says that corrugated board production rose by 4%-5% in 2013 against the previous year owing to packaging more

17 ian 2014

Timisoara-based furniture manufacturer Rus Savitar held by the Rusu family plans to expand production capacity and store chain and hire about 200 people this year. more

14 nov 2013

Kastamonu Romania (the former Prolemn) in Reghin (central Romania), controlled by Kastamonu Entegre, one of the leading wood processing companies in Turkey, estimates a 16% increase in turnover to more

8 nov 2013

Terapia Ranbaxy, the largest generic drug producer in Romania, will invest 29.2 million lei (almost EUR6.6 million) in a research and development center in Cluj-Napoca (NW Romania) to make new types more

14 oct 2013

Sweden’s SCA group (Zewa) is in talks to buy businessman Ioan Tecar’s Pehart Tec paper plant and could invest a further EUR120 million there, the entrepreneur says. SCA did not comment on the more

10 sep 2013

Ecopaper Zarnesti, a manufacturer of paper for corrugated cardboard owned by businessman Vladimir Cohn, posted revenues of over 62.1 million (EUR13.7 million) in the first half of 2013, up 21% on the more

13 aug 2013

Kronospan Romania, one of the largest local wood processing industry companies, expects revenue growth of 15% this year despite flat sales in the first half. more

18 iun 2013

Romanian businessman Ioan Tecar, who controls the MG-Tec group, is close to completing a EUR20 million greenfield investment in a paper plant in Dej, Cluj County (NW Romania), this summer. more

12 iun 2013

The 100 largest importers account for almost 40% of the total imports or more than EUR21 billion euros, according to the National Statistics Institute. more

10 iun 2013

American hotel chain Hilton, one of the world’s leading chains with almost 3,900 hotels in 90 countries, has opened its first Romanian hotel affiliated to the Hampton by Hilton brand in Cluj-Napoca more

4 iun 2013

Automotive safety systems manufacturer Autoliv Romania, the local subsidiary of the Swedish group by the same name, expects revenue to reach some EUR490 million this year, up 19% on 2012 mainly more

18 apr 2013

Auto industry wiring manufacturer Leoni Wiring Systems Arad, the subsidiary of German group Leoni, with global sales of EUR3.7 billion, will this year hire 500 people at the Arad plant. The company more

17 apr 2013

Romanian DAF truck importer and dealer EVW Holding expects to sell about 1,300 units this year, double as many as in 2012. more

3 apr 2013

Automotive safety systems manufacturer Autoliv Romania, the local subsidiary of Sweden’s Autoliv, plans to invest more than EUR25 million to expand production capacity this year. more