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

15 oct 2021

Compania Hoteliera Intercontinental, the company managing Bucharest’s five-star hotel of the same name, ended 2020 with 80% lower revenues on the year and for this year forecasts a 60% drop against more

14 oct 2021

Furniture retailer Mobexpert, controlled by entrepreneur Dan Sucu, in 2021 started to open smaller stores with which it wants to cover major cities outside Bucharest. more

13 oct 2021

Romanian state-owned airline Tarom in this period operates at half the capacity registered in the same period of 2019, according to its representatives. Low demand comes amid as Romania is coping with more

6 oct 2021

Romania’s e-commerce market ranks 50th globally, with a value of $3 billion in 2020, ahead of Bangladesh and below Singapore, in line with data provided by research platform ecommerceDB.com. more

4 oct 2021

Almost 4 million tourists were registered in Romania’s accommodation units during the three summer months of 2021, 50% more than in the same period of last year, data from Romania’s statistics more

28 sep 2021

Bucharest’s five-star Suter Palace Heritage Boutique Hotel in 2020 registered turnover of above RON2 million. The hotel was opened in 2018 and posted RON2 million revenues in its first year of more

27 sep 2021

Cristian Rada, Blue Air stakeholder, invests in a new airline called Hello Jets, but the new business line with provide services that are complementary to those of the already existent low cost more

23 sep 2021

Oradea City Hall and Bihor County Council are poised to set up an airline that will operate flights between Oradea and Bucharest, but also to other European cities, with the first flight scheduled for more

22 sep 2021

The over 1,700 foreign tourists who came to Romania for medical treatments in the first six months of this year spent around RON10 million, meaning each tourist spend about RON6,000, according to ZF more

21 sep 2021

Automotive component manufacturers Compa Sibiu has set up a company, Arini Hospitality, to develop the Mercure - Ibis project. more

21 sep 2021

Grand Plaza Hotel company, which controls Bucharest’s Sheraton hotel, in 2020 saw turnover slump by 80% to RON 12 million, from RON61 million in 2019, in line with Finance Ministry data. more

16 sep 2021

Axa Trans Construct is a builder owned by Virlan family, operating in the field of civil and industrial constructions as a general entrepreneur. The pandemic drove the company’s turnover to RON35 more

15 sep 2021

Romania’s postal and courier services market ranks 14th among the markets of EU countries, with a value put at EUR1.2 billion in 2021, 8.8% lower than in 2020, in line with Ibisworld data. more