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

9 sep 2021

Ramada by Wyndham Targu Jiu hotel, the first four-star hotel under an international brand in Gorj county, opened on September 1. Prices per overnight accommodation start from RON329, in line with more

2 sep 2021

Serban Radu, co-founder of bookstore chain Carturesti, says online sales increased significantly last year amid the closure of physical bookstores amid the pandemic, but their reopening was not more

2 sep 2021

Revenues generated by the company managing Bucharest Intercontinental hotel dropped by 16% in the first half of this year, to just RON8.4 million. more

30 aug 2021

Five-star hotel Radisson Blu of Cluj-Napoca is due to open next spring, after its launch was delayed one year. more

27 aug 2021

Gebrüder Weiss, one of the largest logistics and transport operators in Romania, plans to expand its logistics space in Bucharest and Sibiu by about 20% next year. The company currently has 65,000 more

27 aug 2021

Four-star Capital Plaza Hotel in Bucharest posted almost 80% decline in revenue to merely RON3 million in 2020, Finance Ministry data show. more

26 aug 2021

Despite the steepest crisis the hospitality industry is coping with, investors’ interest has not dwindled as they are betting on projects worth tens of million euros in this field. more

25 aug 2021

Garden Inn Bucharest Airport Hotel, controlled by Lithuania’s Apex Alliance, in July posted a 70% occupancy rate, with demand on an upward trend in recent months. more