22 feb 2022

Luzan Logistic, a major player on Romania’s distribution market, last year went beyond the RON1 billion mark in terms of revenues, up 17% on the year. more

3 feb 2022

Romanian National Air Transport Company Tarom says it is going ahead with restructuring, with more than 200 employees having been laid off since early 2022, to 1,295 employees at present, according to more

3 feb 2022

Travel agency Eturia ended 2021 with a 35% increase in sales volume compared to 2019, to about EUR15 million. The tour operator has reintroduced to its portfolio of offers for 2022 destinations that more

1 feb 2022

Travel agency Paralela 45 posted about EUR39 million sales last year, 140% higher than in 2020. more

31 ian 2022

The number of newly-established SRL-type (limited liability) companies went beyond 100,000 for the time in Romania, the highest level ever and double the value of ten years ago, reveals a ZF analysis more

25 ian 2022

Radu Savopol, cofounder of 5 to go coffee shop chain, says 2022 expansion plans envisage the opening of another 200 units, double the number of units opened last year. more

24 ian 2022

Romania’s tourism sector in 2021 generated revenues worth $1.1 billion, with the biggest receipts recorded by operators that sold holiday packages, namely travel agencies, and by hotel owners, in more

24 ian 2022

Wellness and relaxation complex Therme Bucharest plans to invest another EUR50 million in the next five years in expansion and new facilities. more

21 ian 2022

Bucharest’s five-star hotel JW Marriott, managed by Societatea Companiilor Hoteliere Grand, ended 2021 with turnover at 45% of 2019 level. more

20 ian 2022

Certion Property Developers, founded in 2015 by Catalin Scripcaru, Cezar Ionescu and Bogdan Caruntu, is developing, on the Romanian seaside, five real estate projects in the form of aparthotels, with more

19 ian 2022

The five-star JW Marriott hotel in Bucharest, managed by the Societatea Companiilor Hoteliere Grand, ended 2021 with revenue nearly half the level of 2019, 45% to be exact, hotel officials said more

12 ian 2022

Laura Ursu, general manager of Ana Hotels Poiana Brasov, says the company wants to reach 85% of 2019 turnover in 2022. more

11 ian 2022

Parcel delivery company Sameday, owned by eMag, ended last year with a 60% increase in revenues compared to the previous year, according to the data provided by the company, which did not specify the more

7 ian 2022

Romania’s tourism in January-November 2021 lost around 4 million tourists compared with the same months of 2019. more

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