Articles 1 - 25 of 203 by " Miruna Diaconu "
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Ivatherm 2022 Revenues Up 42% YOY
joi, 09:33
Romanian dermocosmetics producer Ivatherm saw revenues rise by 42% in 2022 from the previous year. more
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Aquila Seeks to Acquire Further Companies
marţi, 09:33
Aquila, leader of the local consumer goods distribution market by turnover, is in advanced talks with two firms, with growth via acquisitions being one of the company’s strategies. more
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City Grill Saw Revenues Rise by 53% in First Two Months of 2023 vs 2019
16 mar 2023
Dragos Petrescu, founder of restaurant chain City Grill, says the first two months of this year brought the group a 53% revenue increase from the same period of 2019, the last year before the more
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Optical Retailer Lensa Wants to Open 15 Stores in 2023, Enter Two New Markets
2 mar 2023
Optical retailer Lensa plans to open 15 stores this year and expand its activity in two new countries in the region, says Nicoleta Dumitrescu, the company’s COO. more
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Amber Studio Gets EUR2.7M State Aid, Set to Create 120 Jobs
2 mar 2023
Romanian videogame developer Amber Studio has got EUR2.7 million state aid to fund a EUR4.6 million project. It wants to develop its office of Botosani, but is also looking at other areas, such as more
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Passenger Traffic on Romania’s Airports Higher in Jan 2023, Beats Jan 2020 Figures
28 feb 2023
The year 2023 starts on an optimistic note for the air travel sector, as passenger traffic on Romania’s airports stood at more than 1.66 million in January, Romanian Airports Association (AAR) data more
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Hotel Group Marriott Set to Add at least Three Hotels to Romanian Portfolio
22 feb 2023
The international hotel group is expanding its portfolio with three new hotels set to be opened in Romania, says Ivan Kissev, senior director, International Hotel Development CEE & CIS Marriott more
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Online Bookstore Libris.ro Ends 2022 with RON58M Turnover, Slightly Up from 2021
9 feb 2023
Online bookstore Libris.ro in 2022 saw turnover inch up to RON68 million, from RON65 million in 2021. more
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Italy’s Beltrame Aims to Triple Targoviste Plant Production
9 feb 2023
Beltrame, the group that owns Donalam Calarasi and several operations in Targoviste, plans to triple production capacities at Targoviste plant this year, to 300,000 tons per annum. more
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Nimet Earmarks EUR18M to Boost Production Capacity
3 feb 2023
Samy Numai, managing director of Nimet, one of the biggest chrome plated steel bars and tubes producers, says the company’s 2023 investment budget revolves around EUR18 million and is destined to more
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Aro Palace Brasov Seeks CEO and General Manager for Hotel of Same Name
25 ian 2023
Aro Palace Brasov, controlled by Transilvania Investments, is looking for a CEO, as well as a general manager for the hotel of the same name. more
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Accor Launches Handwritten Collection Brand, with 110 Hotels to Be Opened Globally, Including Romania
20 ian 2023
Accor, one of the world's largest hotel groups, has launched Handwritten Collection brand, which is in talks for the opening of 110 hotels worldwide, including Romania. more
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Farmec Cluj Wants to Double Production Capacity, Looks at State Aid for Funding
19 ian 2023
Farmec, Romania’s biggest cosmetics producer, is planning investments meant to double its production capacity and sales, but for this project is looking at state aid for funding. more
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Accor Wants to Expand Hotel Network in Romania
16 ian 2023
Frank Reul, a development manager for Eastern Europe with Accor, says there’s still room for growth on the local market, even in Bucharest. Accor is carefully assessing the local market and more
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Zaganu Craft Beer Maker Ends 2022 with 16% Higher Sales
12 ian 2023
Zaganu craft beer manufacturer posted 16% higher sales in 2022, but profit was considerably hurt by the rising raw materials prices. more
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Le Manoir Founder Invests EUR2M in Three New Projects
10 ian 2023
Cristian Preotu, founder of Le Manoir group, active in the field of fine gastronomy, is set to invest EUR2 million this year in three new projects. more
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Eturia 2022 Revenues Hit EUR20M, Way Above 2021 Level
9 ian 2023
Travel agency Eturia, specialized in exotic destinations, in 2022 reached EUR20 million revenues, way above the 2021 figures. more
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SMEs To Have around EUR2B Funding Available in 2023
9 ian 2023
SME-type companies in 2023 have funding totally worth around EUR2 billion available, in line with data provided by consulting firm REI Grup. more
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Aro-Palace’s Capitol Hotel in Brasov to Switch to International Brand
5 ian 2023
Three-star Capitol Hotel in the center of Brasov, held by Aro-Palace, will move to an international brand this year, says Aro-Palace chairman of the board of directors Calin Ilie. more
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InterContinental Returns to Romania
4 ian 2023
InterContinental has returned to Romania, this time on a different hotel in Bucharest, the Athénée Palace. It had left Romania in 2022, when the logo of the brand was removed from the hotel in Piata more
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SHC Restaurant Group Set to Reach RON50M Turnover in 2022, Up 30% from 2019
22 dec 2022
In 2022, SHC group of restaurants will generate turnover worth RON50 million (EUR10 million), 30% above the 2019 level. more
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DHL to End 2022 with 20% Growth in Revenue
19 dec 2022
DHL, one of the largest actors in the courier service market, will end the year with a rise of 20% in revenue compared with last year, when its revenue stood at RON417 million, Finance Ministry data more
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Cargus Plans to Expand to Six European Markets in 2023
19 dec 2022
Courier services company Cargus, a major player on Romania’s market, plans to expand its activity in six European countries next year. more
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Romanian State Completes over 70 Sports Infrastructure Projects in 2022 in Wake of RON800M Investments
16 dec 2022
The state-owned National Investment Company has this year finalized more than 70 sports infrastructure projects. The investments, worth RON800 million, were in fact projects envisaging the more
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Ukrainian IT Businesses Moving to Bucharest, Iasi and Cluj
15 dec 2022
The war that broke out in Ukraine in February led to a record number of Ukrainian-held companies established in Romania this year, with trade and IT & C as the most active sectors. more