6 iun 2024

Horse Romania, the local unit of HORSE Powertrain Limited, has started manufacturing the HR12 1.2-litre gasoline engine for the new Duster III. more

29 mai 2024

Sphera Franchise Group, the company that manages KFC, Taco Bell and Pizza Hut restaurants locally, plans to open six units this year and go beyond the 170-unit threshold in the restaurant portfolio, more

9 mai 2024

Early Game Ventures on April 25 finalized the necessary documents for the official launch of its second investment fund, with a total value of EUR60 million, the firm said in a press release. more

17 apr 2024

GLS General Logistics Systems Romania, part of the group of the same name, held by UK’s Royal Mail, posted RON365.4 million (EUR73.9 million) revenue in 2023, up 5.5% compared with the previous more

5 apr 2024

Investment fund GapMinder II has led a EUR2 million funding round in Genezio, a startup co-founded by Andrei Pitis, announced Dan Mihaescu, a founding partner at the fund. more

12 mar 2024

Constructii Erbasu, one of Romania’s largest construction firms, controlled by entrepreneur Cristian Erbasu, in association with Terra Gaz Construct, owned by brothers Traian and Alexandru Bunea, more

22 feb 2024

Turkey’s Karsan Otomotiv Sanayi Ve Ticaret A.S. has gained a contract worth RON64.2 million (around EUR13 million) with Satu Mare city hall for the delivery of 17 electric buses and the associated more

8 feb 2024

81% of participants in the latest survey carried out by eJobs.ro stated they have recruitment plans for 2024, and 65% of them have already started them. more

10 nov 2023

Farmland operator Holde Agri Invest (HAI.RO) on Friday notified the Bucharest Stock Exchange on the details of its capital increase to be conducted in November and December, which it intends to use to more

8 nov 2023

Timisoara-based SpyShop SRL, which operates spy-shop.ro, one of the largest online security system stores in Romania, expects to see sales up three times during the Black Friday campaign, which it more

6 iun 2023

Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, remained flat at the start of June at more

11 mai 2023

Metaplast, a manufacturer of plastic parts for the automotive industry, part of group of firms MEN Industry Group owned by Romanian entrepreneur Jean Drugescu, in 2022 registered turnover worth more

24 mar 2023

DN Agrar Group, a Dutch-held group of firms operating in the fields of animal husbandry, farm production, farming services, logistics, transportation, tourism and advisory services, plans to develop more

17 mar 2023

The Bucharest National Airport Company (CNAB) has completed works for the modernization of hold baggage processing equipment in the arrivals area of Henri Coanda International Airport. more

14 mar 2023

Romania’s hotel market boasted an accelerated recovery in 2022 and the tendency is set to continue in 2023 as well. Bucharest registered much more intense tourism activity, which reached more

10 mar 2023

Net investments carried out in the Romanian economy totaled RON150098.8 million in 2022, up 8.5% against 2021, in line with data the country’s statistics board INS published on Friday. more

8 mar 2023

Vodafone, one of the largest players on Romania’s telecom market, has opened, in Magheru boulevard of Bucharest, its first store under the EasyTech concept, which proposes to clients more gadgets more

2 mar 2023

Online supermarket Sezamo, part of Czech group Rohlik, wants to reach 3,000 orders per day, this year as it went beyond the 1,000 orders per day mark four months after its official launch. more

14 feb 2023

Sipex, a major building materials wholesaler in Romania, with 12 warehouses locally, wants to add two new distribution centers in the coming period, in Constanta and Mogosoaia. more

9 feb 2023

The Bucharest Stock Exchange, where companies with RON230 billion total capitalization are traded, namely around 16% of Romania’s GDP, in 2022 hit a record high number of investors. more

31 ian 2023

Fifty years after Romania became the first Warsaw Pact country to join the International Monetary Fund, three decades after its transformation from a centrally planned to a market economy, three years more

16 ian 2023

UK’s Vodafone Group, one of the largest global players in the communications industry, decided on November 22, 2022 to increase the share capital of its Romanian subsidiary by RON500 million, a more

16 ian 2023

Kosarom group, founded by Neculai Apostol, ended 2022 with EUR94 million turnover and expects EUR101 million turnover in 2023, according to the founder. more

19 dec 2022

Croatian-held Submarine Burger, which specializes in vegan burgers, opened its first two restaurants in Bucharest this year, following EUR1.5 million investments and will open the third early next more

24 nov 2022

Dan Lupu, general manager and founder of fashion producer and retailer Mizar, says 2022 has been the best year in the company’s history, so that turnover will rise by 30% from 2021, to over RON26 more