18 mai 2016

Private medical service operator Gral Medical, one of the top five companies on its market in Romania, expects revenue to reach 95.5 million lei (EUR21 million) in 2016, up 9.7% on the previous year, more

13 mai 2016

Rolling stock manufacturer Astra Vagoane Calatori based in Arad and held by businessman Valer Blidar ended last year with 96 million lei (EUR21 million) revenue, down from RON290 million in 2014, the more

8 apr 2016

Romania does not have an industry support and development program as do Poland, Hungary and Czech Republic, says Valer Blidar, the owner of rolling stock manufacturer Astra Vagoane Calatori in Arad more

29 mar 2016

Touring Europabus (Eurolines) of entrepreneur Dragos Anastasiu carried 135,000 Romanian passengers in its buses on international routes last year, 4.5% more than in 2014, the company officials say. more

25 mar 2016

Logistics companies could invest EUR500 million to EUR1 billion in logistics and industrial parks in the next two years, as Romania is becoming an international logistics hub. more

23 mar 2016

Low cost airline Blue Air budgeted growth of 25% in revenue in 2016, which the development of its local and foreign operations should generate, says chief executive Gheorghe Racaru. Passenger traffic more

22 mar 2016

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17 feb 2015

Low-cost airline Blue Air, controlled by Romanian entrepreneurs, expects to carry 1.6 million passengers this year, up around 6.7% on the year. more

16 feb 2015

Aerotravel, one of the top ten travel agencies in Romania, hopes to achieve growth of 10% or EUR 3 million in revenue this year, after a flat 2014, general manager Antonio Nitu says. more

13 feb 2015

The new bookstore the owners of Carturesti bookstore chain opened in a monument building of Bucharest’s Old Town, set to sell 15,000 titles of Romanian and foreign books, will attract at least 1,000 more

12 feb 2015

Sibiu-based Atlassib, Romania’s biggest international road passenger transport operator, expects a 4-5% increase in revenue and the number of passengers its coaches will carry this year, according more

11 feb 2015

Considering the current structure of its hotel market, Romania has solid prospects for the development of hotels under international brands, says Gilles Clavie, chief executive officer of Poland’s more

10 feb 2015

State-run airline Tarom, placed under private management, further operates a motley fleet made up of 24 Airbus, Boeing and ATR aircrafts, while its fleet homogenization process is still in the stage more

9 feb 2015

What hinders Romania’s development is the poor transport infrastructure, says Teofil Campean, the executive who runs the Rondocarton corrugated cardboard plants in Targoviste and Cluj held by more

3 feb 2015

Can-Pack Romania, the only Bucharest plant manufacturing aluminum cans for beer and soda, ended 2014 with revenue of more than 315 million lei (EUR71 million), after selling 850 million metallic cans. more

2 feb 2015

The Grand complex, which includes the JW Marriott Hotel in Bucharest, saw a 6% increase in revenue last year, says Gregor Aufhauser, chief executive of Societatea Companiilor Hoteliere Grand, the more

30 ian 2015

Alexandra Copos de Prada, daughter of businessman George Copos, who took over the reins of ANA Hotels company last year, says she expects revenue to rise by 9% this year against 2014, to EUR27.7 more

29 ian 2015

Craiova-based rolling stock manufacturer Softronic has signed an agreement with Hungary’s LAC Holding to create a joint venture and begin production of locomotives in Hungary. Softronic will hold more

28 ian 2015

The five-star Hilton hotel of Sibiu, the only five-star unit in this city, saw revenue rise by 10% last year, in line with the projected level, and expects a similar sales advance in 2015, according more

26 ian 2015

Four-star Cismigiu Hotel in downtown Bucharest has budgeted a 10% to 12% growth in revenue for 2015, says general manager Georgeta Grecu. more

23 ian 2015

The Caro Hotels complex on Barbu Vacarescu street, in northern Bucharest, ended 2014 with around 25% higher revenue, to 18.5 million lei (around EUR4 million), according to Octavian Lazar, the more

22 ian 2015

Romanian businessman Valer Blidar, who owns Arad-based railcar and tram plant Astra Vagoane Calatori, says the plant hiked its revenue by 20% last year and profit by around 5%, with 2014 as the best more

20 ian 2015

Radu Enache, a stakeholder in Continental hotel chain, one of Romania’s biggest, says he expects the hotel business to register a 5% revenue advance this year. more

20 ian 2015

Romanian airline Carpatair, which went insolvent early 2013 and no longer operates regular flights, is in talks with tour operators and airlines of Italy and Spain to lease aircraft for charter more

15 ian 2015

Oradea-based road freight carrier Frigoexpress expects the new contracts signed with customers in Germany, France and Switzerland to drive its business up 10% this year, says Florian Mihut, general more