7 oct 2024

The Turda plant has been authorized, the first testing lots have been manufactured and the production unit will most likely operate at full capacity at the end of October, Mihai Fugarevici, general more

23 sep 2024

Teletext, which owns dairy brand Diami, controlled by entrepreneur Mitru Crisan, has submitted a project to attract another EUR2.2 million in EU funds to retool the plant. more

20 sep 2024

Bucharest’s Royal Hospital, founded by gynecologist Ioan Stoian, with EUR5.8 million turnover last year, expects 20% higher results for 2024 and plans to add another two floors and a new surgery more

19 sep 2024

The Tei Group, made up of Farmacia Tei and Bebe Tei, has opened new stores in Dolj County, in ElectroPutere Mall in Craiova, an investment that is part of the plan to expand outside Bucharest. more

18 sep 2024

CITR, the court-appointed trustee of Damen Shipyards Mangalia, has had repair contracts signed for two ships and identified the assets that are non-essential for the shipyard’s operation in view of more

12 sep 2024

Mediapost Hit Mail Group, the biggest player in direct and relationship marketing controlled by a subsidiary of the French Post, saw its business grow by 3% in the first half of this year compared more

9 sep 2024

City Grill group, a major player on Romania’s restaurant market, founded by Dragos Petrescu, expects EUR65 million turnover by yearend, 18% higher than in 2023. more

3 sep 2024

FAN Courier, leader of Romania courier services market, ended the first half of 2024 with 15% higher turnover, in line with its budget, with e-commerce still its growth engine, according to the more

2 sep 2024

Türkiye’s Tosmur Group, which owns the starch plant in Medgidia inaugurated in 2022, has reached 39% progress in implementing the doubling of the production capacity, a EUR75 million investment, more

30 aug 2024

Craiova-based Softronic, the only manufacturer of electric locomotives and multiple units in Eastern Europe, estimates it will end 2024 with 25% higher turnover than in 2023. more

27 aug 2024

Leoni Wiring Systems, which had received approval for EUR4.77 million state aid in October 2023, has notified the Finance Ministry of its decision to drop the implementation of the investment project more

27 aug 2024

Ramnicu Valcea-based Don Pedro, a major Romanian producer of tissue paper, ended 2023 with RON251 million turnover, up 11% from 2002. more

22 aug 2024

The five-star Marmorosch Bucharest hotel, owned by Lithuanian group Apex Alliance, had an average occupancy rate of 80% in the first half of 2024, higher than in the year-ago period, and expects more

14 aug 2024

The MirageMedSpa and MirageBeach Spa hotels in Eforie Nord, controlled by the Briza Marii Negre company, operated at 85% occupancy rate in July, which their officials estimate will reach 90% in more

8 aug 2024

Freight carrier Sorcani, a company controlled by entrepreneur Mircea Barbu and founded in 1993, ended the first half of 2024 with 20% higher turnover than in the year-earlier period. more

7 aug 2024

Evopack, which produces cardboard and paper packaging in a plant in Piatra-Neamt and which delivers to McDonald’s KFC, Spartan and Mesopotamia restaurant chains, is set to enter Hungary in January, more

7 aug 2024

Deltaica Seafood, which sells canned and prepared fish, ended the first half of this year with turnover similar with the H1/2023 level, though the company’s officials had expected growth after more

6 aug 2024

Bucharest’s four-star hotel Cismigiu, controlled by Spain’s Hercesa, boosted its turnover by 3% in the first half of this year from the year-earlier period, in line with its budget. more

6 aug 2024

Comes of Savinesti, Neamt county, a supplier of heat-transfer and pressure equipment and spare parts for chemical, petrochemical, oil and gas industries, in the first half of this year generated more

5 aug 2024

State-owned airline Tarom, which has been struggling for over a decade to return into the black, in the first half of this year carried only 900,000 passengers and has announced a turnaround plan that more

2 aug 2024

Dunca Expeditii, one of Romania’s largest road freight carriers, ended the first half of this year with flat turnover from the year-earlier period and continues to optimize its business to switch more

2 aug 2024

Farmacia Tei chain, one of the most dynamic ones on the local market, boosted its turnover by 28% in the fist half of this year from the year-earlier period and reached 10 units on the local market. more

22 iul 2024

The starch factory in Medgidia, inaugurated by the Türkiye’s Tosmur Group in 2022, expects its revenue to grow by 5% this year, after having overshot the EUR100 million mark last year, with more

18 iul 2024

Europack Media, a Constanta-based company that makes wet wipes, ended 2023 with RON82.2 million, an increase of 8.5% on 2022. Net profit went up, as well, to RON8.3 million from RON7.7 million, more

18 iul 2024

Grand Plaza Hotel, which manages the five-star Sheraton Hotel in Bucharest, ended last year with RON52.8 million revenue, an increase of 21% on the previous year and RON1 million net profit, Finance more