12 apr 2022

Grand Balvanyos Resort of Covasna county, a hotel project owned by Lorand Szarvadi, is expanding the existing 120-room hotel, with the value of the project nearing EUR10 million, out of which 30% more

7 apr 2022

Japanos restaurant chain, started in Bucharest, has opened its first unit abroad, in a touristic area of Paris. more

5 apr 2022

AVstore, a retailer specializing in the sale of audio-video equipment, has opened two stores in Bucharest. more

28 mar 2022

Tarsincom, a private company established in 1996 for domestic and international passenger transport, controlled by Corneliu Lucescu, saw its turnover rise by 16% in 2021 from 2020, to RON36 million. more

24 mar 2022

Stationery and office equipment importer and wholesaler Dacris, held by the Fati family, in 2021 posted EUR23 million turnover, just 2% higher on the year. more

24 mar 2022

Albert Davidoglu, CEO of Macromex, the largest Romanian-owned distribution business, says the company’s turnover is expects to grow this year. more

22 mar 2022

Verdino, a Romanian producer of meat alternative products using pea protein co-founded by Raul Ciurtin, is strengthening its position in Germany, with its products listed in 8,000 stores in the more

17 mar 2022

Around 70% of Teleferic Grand Hotel employees are from Asia and Dragos Fratila, general manager of the Poiana Brasov hotel says the trend of importing workforce will continue. more

15 mar 2022

Gold ingots have come to account for 10% in jewelry store chain Teilor’s turnover, from 0.5% until 2020. more

9 mar 2022

Spectral Mobila, a furniture manufacturer in Barlad (eastern Romania) that also owns a network of stores under the same name, plans to reach 24 stores this year. more

4 mar 2022

Hotel company Turism Felix, owner of Baile Felix resort tourism compound, for 2021 reported RON82 million turnover, up 54% on the year. more

2 mar 2022

Aerostar Bacau (ARS.RO), a manufacturer of aircraft components, posted about RON376 million revenue last year, up about 30% on the previous year, its preliminary results report says. more

24 feb 2022

Erol Baeram, general manager of Cottontex, a textile industry company owning six production units in Romania, says the workforce problem is intensifying, with young people shunning this industry. more

23 feb 2022

Airline Blue Air reported turnover worth EUR121 million in the second pandemic year, down 15% from the previous year. more

22 feb 2022

Catalin Mahu, owner of restaurant chain La Mama, plans to open six restaurants this year to exclusively serve the delivery segment. more

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