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

1 apr 2013

Kronospan Romania, one of the leading players in the Romanian wood processing industry, will this year finalize an around EUR40 million investment in doubling the production capacity of OSB (oriented more

6 mar 2013

US group Emerson, with turnover of over $24 billion, will hire 500 people for its plants in the western Romanian cities of Cluj-Napoca and Oradea this year. more

28 feb 2013

The owner of the construction group CON-A based in Sibiu (central Romania) and one of the most important businessmen in the city, Mircea Bulboaca, plans to develop a photovoltaic farm. more

22 feb 2013

Cluj-based lingerie and swimwear producer Jolidon, controlled by businessman Gabriel Cirlig will go to India this year where it plans to open three stores. more

7 feb 2013

Rombat Bistrita, Romania’s largest car battery manufacturer, expects the auto market to be flat in 2013 after five years of decline. more

13 dec 2012

Automotive component makers continued to hire and invest this year, a trend that started in 2011, in order to develop the business on the local market. more

12 dec 2012

US-held Emerson has recruited about 600 people for its plants in the Tetarom II industrial park in Cluj (NW Romania), where it currently employs 1,500 people. more

26 nov 2012

The three Cluj-based entrepreneurs who have since 1990 turned EnergoBit into a EUR160-million business specializing in delivering complete energy solutions have sold the majority stake to Poland’s more