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

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