6 ian 2022

Raul Ciurtin, founder of Prefera Foods, a major player on Romania’s canned food market, plans to bolster the value of exports, now weighing 4% in turnover, to 30% of total revenues. more

5 ian 2022

Romanian National Air Transport Company Tarom last year generated revenues worth RON958 million, up almost 170% against 2020, in line with the adjusted revenues and expenditures budgeted published in more

4 ian 2022

The Board of Directors of the Romanian National Air Transport Company Tarom has decided to change the CEO, so Catalin Radu Prunariu will be replaced by Mihaita Ursu, who returns to the helm of the more

3 ian 2022

Cristian Pandel, CEO of travel agency Christian Tour, expects turnover to reach 90-95% of 2019 level in 2022. more

30 dec 2021

Winemaker Davino of Dealu Mare, known for operating on the premium segment of the market, is to list some wines in major retail chains, having already signed contracts with two major players, with more

24 dec 2021

Florin Serac, general manager of Turism Felix, which manages a holiday compound in Baile Felix resort, says the company will end 2021 with turnover worth around RON80 million, up 50% from 2020. more

23 dec 2021

Calin Ilie, head of the Romanian Hospitality Industry Federation (FIHR), says the hotel sector will end this year with a decline of just 30% against 2019, when it reported a turnover of RON6.5 more

23 dec 2021

Phoenix Y, the producer of Gusto corn puffs, currently exports more than half of Baicoi plant production. more

21 dec 2021

ATP Trucks Automobile, a manufacturer of road freight vehicles, part of ATP Group of Baia Mare, plans to triple its production capacity next year, to 300 trucks. By comparison, 100 units were more

21 dec 2021

Covasna-based Balvanyos Resort will complete in late 2022 an investment project worth around EUR9 million meant to expand the accommodation capacity and area of the spa center. more

20 dec 2021

Foreign tourists who came on holiday in Romania in January-October 2021 spent around EUR2 billion, in line with data provided by the National Bank of Romania. more

17 dec 2021

Courier services company Sameday, holding a network of around 2,200 lockers in Romania, has seen the number of deliveries to easyboxes rise by over 200% this year. more

13 dec 2021

Flights to and from Romania generated EUR122 million revenue for Hungary’s Wizz Air group between April and September this year, according to a corporate financial report. more

8 dec 2021

Intercontinental hotel, a symbol of Bucharest, will lose its name starting January 1st, 2022 and be rebranded as Grand Hotel Bucharest, after Compania Hoteliera InterContinental Romania and IHG Hotel more

30 nov 2021

Dan Ostahie, founder of computer and electronics retailer Altex, says the company will function on two budgets next year, one built on flat turnover, the second on 15% growth. more

25 nov 2021

Coffee shop chain Tucano Coffee plans to open between 6 and 10 units domestically in 2022. more

17 nov 2021

Romania’s hotel industry is in full swing and by 2024 another 15 hotels are due to be opened, with a total number of 2,000 rooms, reveals a ZF analysis based on a report by STR hospitality industry more

11 nov 2021

Radisson Blu Brasov hotel, developed by RaRa Hotels, part of RaRa Group controlled by Ramona Neamtu and Razvan Neamtu, is set to open in the first quarter of 2021, according to the hotel’s more

2 nov 2021

Romania had 6,000 more accommodation places at end-July 2021, but the number is half the level in the same period of 2019, in line with statistical data. more

2 nov 2021

Bus transporter FlixBus Romania saw the number of passengers slump by 74% in summer 2021 against the summer 2019, but passenger numbers doubled compared with summer 2020. more

25 oct 2021

Romania’s courier services market is expected to expand this year as well, with growth seen at around 15%. more

22 oct 2021

Romania’s state-owned passenger railway carrier CFR Calatori reached revenues worth RON1.8 billion in 2020, down 14% year-on-year, while losses more than doubled against 2019, to RON354 million. more

19 oct 2021

Parcel delivery company Cargus expects the revenue to be the same as last year, one of the best for the local parcel delivery industry. However, the coming period could have a significant impact on more

19 oct 2021

Parcel delivery company Dynamic Parcel Distribution (DPD), one of the largest such companies in Romania, budgeted growth of 20% year-on-year in 2021 and so far it has met its target. However, the more

18 oct 2021

FAN Courier, Romania’s leading courier services company, expects to generate RON1.1 billion revenues this year as in the first nine months volumes rose by 10% against the year-earlier period, more