14 nov 2023

Taparo group, a major furniture producer locally, wants to expand its activity on the US market, which has become more accessible for European furniture manufacturers in recent years. more

9 nov 2023

Hyatt, a leading global hospitality company is prospecting the Romanian market as part of its strategic expansion plans in Eastern Europe. The group is seeking to make its entry into the local market more

2 nov 2023

Cramele Recas, a major winemaker in Romania, plans to expand its production and warehousing capacity. more

1 nov 2023

Airline Dan Air announced it would be flying from Bacau as of November 13, after leaving Brasov. The main reason why it made this decision was that the Brasov Airport delayed extending its opening more

31 oct 2023

Airline Dan Air has announced it will cease operations on the Brasov Airport and move to Bacau, as a result of the decision of the Brasov Airport to delay extending the opening hours for January 2024. more

25 oct 2023

Black Friday, one of the busiest periods for retailers and parcel delivery companies, could generate a 10% to 15% increase in deliveries for the latter compared with last year, the actors in the more

20 oct 2023

Bucharest, Brasov and Arad will get new hotels under international brands as of 2024. The local market will add more than 580 rooms in such hotels from various brands. more

5 oct 2023

IPEC Alba Iulia, one of Europe’s leading producers of porcelain plates, plans to invest EUR10 million in a porcelain cup production unit. more

4 oct 2023

Accor, a leading hotel group in Europe, is expanding and entering with its first hotel on the market of Cluj, where an ibis Styles-brand hotel will be opened in the second quarter of 2025. more

3 oct 2023

Cargus, a major player on Romania’s courier services market, is expanding its foothold on the markets of Czechia, Slovakia, Germany, Hungary, Bulgaria and Greece after entering Poland, where it has more

11 sep 2023

The hotel market of Cluj-Napoca has added a new five-star hotel. With a EUR15 million investment, Cristina and Claudiu Petrut have opened Vibre hotel aimed at the business segment. more

11 sep 2023

Mogotel group, a Latvia-based international hotel operator, wants to enter Romania market and plans to open 20 hotels in Bucharest and countrywide. more

4 sep 2023

Accor, one of the largest hotel chains in the world, will open a new ibis Styles Hotel in Pitesti, the group said. The hotel chain signed a franchising agreement with HR Eden 2007, which runs the more

24 aug 2023

Nitramonia BC, the company managed by Eusebiu Gutu previously known as Popasul Trebes, reached RON2 billion revenues in 2022, thus entering the league of RON billionaires. more

22 aug 2023

Romanian-held fast-food chain Fryday will grow to eight restaurants by the end of November, in only four years after opening. Its founder, Suceava entrepreneur Lucian Florea expects EUR5 million more

14 aug 2023

The accommodation market made a record profit of RON2 billion in 2022, which means a profit margin of 20%, a very high level for an industry where costs are quite high. Few industries manage to reach more

9 aug 2023

Travel agencies ended 2022 with RON5 billion revenue, a record high for the local market, Trade Register data show. more

27 iul 2023

Prodal 94, a major producer on Romania’s spirits market, ended 2022 with turnover of above RON175 million, up 50% from 2021. In the past two years, the business has more than doubled. more

20 iul 2023

Augustin Dragan, owner of Diverta bookstore chain, expects a 25% turnover increase this year, but final results will also depend on the school season. more

19 iul 2023

Passenger traffic on Romania’s airports was higher in the first half of 2023 than in the same period of 2019. Contrary to expectations, however, the growth drivers were the regional airports and not more

18 iul 2023

2022 brought fewer companies on Romania’s hotel market, but profit hit a five-year high, of RON1.5 billion, in line with Trade Registry data. more

11 iul 2023

IHG Hotels & Resorts (InterContinental) is expanding in Romania with the signing of the Indigo Hotel in Satu Mare, a brand debut in the country, according to the corporate website. more

22 iun 2023

Bogdan Panainte, CEO and founder of Homplex, a Romanian producer of thermostats and gas detectors, forecasts RON40 million revenues this year, 25% higher than in 2022. more

15 iun 2023

The largest actor in Romania’s economy is OMV Petrom (SNP.RO), which posted RON55 billion revenue in 2022, an increase of 137% year-on-year, followed by a company of the same group, OMV Petrom more

7 iun 2023

Cargus, one of the largest parcel delivery companies in Romania, expects 20% higher revenue in 2023, the company said. This year’s plans are to expand to other countries in Europe. more