28 nov 2016

Businessman Daniel Guzu, who owns construction supplies manufacturer Duraziv, expects more than 10% higher revenue this year, driven by rising demand for paint, grouts and dry mortars. more

25 nov 2016

Iasi-based publishing house Polirom established in 1995 expects EUR5 million revenue this year, a slight increase in 2015, its officials say. more

24 nov 2016

Bucharest, the most important business travel destination of Romania, can accommodate 18,564 people in 114 hotels, or almost 10% of the total accommodation capacity of the hotels in the country, more

23 nov 2016

Sheraton Hotel in Piata Romana, central Bucharest, operated at peak capacity in September and October and the rising demand made the owners of the hotel buy an adjoining plot of land to expand it by more

16 nov 2016

Bucharest-based cold cuts manufacturer Meda Prod 98, one of the largest in its sector, is expanding with a new dry-cured meats production facility, an investment put at almost EUR3 million. more

26 oct 2016

Industrialist Valer Blidar, who owns rolling stock manufacturer Astra Vagoane Calatori in Arad, has 140 young people receiving training for electrician, welder, locksmith and other jobs in his more

21 oct 2016

Belladonna, a 93-retail pharmacy chain, posted 9% decline in sales in January-September, due to the decline in the number of operational pharmacies by 12% on the year-ago period. more

17 oct 2016

Demand for vacations in Romania over the winter holidays from Romanian consumers is on the rise and the packages for spa towns such as Baile Felix are already sold out, says Lucia Morariu, shareholder more

14 oct 2016

The courier service market brought businessman Octavian Radu two failures in the past – TCE Logistica and Curiero, which did not survive the crisis in 2009-2010. The entrepreneur, however, has more

7 oct 2016

Hotel operators can already think about ways to grow their business, because the stagnation of recent years is over, says Lebanese executive Fadlallah Zayat, who became general manager of the more

4 oct 2016

The owners of Carturesti bookstore chain are in talks to open new bookstores in the major cities of the country, as the 12 such stores outside Bucharest generate 40% of the chain’s sales, says more

30 sep 2016

Sheraton Hotel in Bucharest had an occupancy rate of 80% in September and will reach its EUR10 million revenue target by yearend, says general manager Daniel Ben-Yehuda. more

27 sep 2016

FAN Courier will double the size of all its warehouses throughout the country to be able to keep up with the high volume of parcels, says Adrian Mihai, one of the shareholders and founders of the more

26 sep 2016

Pharmaceutical company Mylan Romania (formerly Abbott Products Romania) will probably not reach its 2% to 3% growth target set for this year or 160 million lei (EUR36 million) revenue, its chief more

23 sep 2016

Pharmaceutical drug manufacturer Terapia Cluj, a member of the Indian pharmaceutical group Sun Pharma, has boosted share of over-the-counter drugs to 50% of its product portfolio, double as much as in more

22 sep 2016

Cosmetics manufacturer Farmec Cluj Napoca will reach eight stores in Romania (three Gerovital and five Farmec stores) this year, as part of the strategy to develop its own retail network, following more

20 sep 2016

FM Logistic Romania, one of the largest companies in the transport and logistics sector, will invest EUR20 million in a 20,000 square meter warehouse, where it will store pharmaceutical drugs, medical more

16 sep 2016

Industrialist Valer Blidar, who owns Astra Vagoane Calatori Arad rolling stock plant, is in advanced talks for another contract in Brazil, a market he entered in 2012. He also resumed talks with the more

14 sep 2016

The lack of state-of-the-art equipment in public hospitals, the shortage of physicians in the medical facilities in various parts of the country due to migration abroad and to the private sector and more

17 aug 2016

Children’s products supermarket Bebe Tei of Roxana Maftei, who also owns Farmacia Tei retail pharmacies in Bucharest, posted 54 million lei (EUR12 million) sales in the first half, higher than RON50 more

11 iul 2016

The average speed at which the vehicles carrying packages throughout the country travel has been dwindling month by month and stands at less than 50 kilometers per hour at the moment, says Adrian more

13 iun 2016

Flag carrier Tarom carried 496,700 passengers in the first quarter, 8% more than in the year-ago period, the officials of the airline told ZF. more

2 iun 2016

Retail pharmacy chain Help Net part of the Farmexim group of businessman Ovidiu Buluc ended last year with 471 million lei (EUR103 million) revenue, up 21% in lei on 2014, according to ZF’s more

27 mai 2016

Pharmaceutical retail is the only big market where the top five actors are held by Romanian entrepreneurs, ZF has found from the data companies supplied for the `Cei mai mari jucatori din economie” more

20 mai 2016

Travel agencies in Romania budgeted up to 30% higher revenue for this year from ticketing, charter holidays and services for corporate customers. more