06.15.2015

Romanian state-run aircraft repair and maintenance company IAR Ghimbav (IARV.RO) eyes higher revenues over the next years, fueled by an extended budget of the Defense Ministry and larger orders from more

03.25.2015

Immochan, the real estate arm of Auchan group, will open shopping center Coresi on Brasov’s Tractorul platform this Friday in the wake of investments worth EUR60 million. Tatian Diaconu, the 37-year more

03.19.2015

Swedish apparel retailer Hennes & Mauritz (H&M) will be opening a new store next week in Brasov (central Romania) within shopping center Coresi Shopping Resort, its 39th unit in Romania. more

02.15.2015

AFI Europe has signed a preliminary agreement to acquire the land owned by retailer Cora in Brasov, where it plans to build a retail center, as Auchan's real estate division Immochan is launching the more

01.20.2015

Immochan, the real estate division of French retail group Auchan, plans to start this summer the second stage of works on the Coresi shopping center in Brasov, consisting of 13,500 square meters of more

12.12.2014

Fitch Ratings on Friday affirmed the ratings of Romanian cities Oradea and Brasov at 'BBB-' with stable outlooks. more

12.04.2014

Retailer Carrefour Romania opened Thursday a new supermarket Market in Brasov county, its fourth in the city and the 86th in Romania, the company said. more

10.06.2014

Germany’s premium home appliances manufacturer Miele will invest EUR1 million in expanding the production capacity at its plant in Brasov that makes electronic components for its products. This is more

08.27.2014

The top five hotel companies in Brasov County, the second most important destination in Romania after Bucharest by number of tourists, posted only 74 million lei (EUR17 million) revenue last year, more

08.14.2014

Pharmaceutical company Ropharma Brasov (RPH.RO) reported operating revenues worth 204.4 million lei (EUR45.8 million) in the first six months, down 2% on the year, while its profit rose 35% to RON4.07 more

07.24.2014

Shareholders of Romania’s helicopters maintenance and repairing company IAR Brasov (IARV.RO) decided to provide Airbus Helicopters a plot of land for the production of Super Puma helicopters in more

07.16.2014

At the exit way from Brasov to Sighisoara, in Halchiu, a “trio” of giants that built plants from scratch arises. This includes Greek-held Olympus, which produces cheese, yoghurts or milk under more

07.10.2014

Romania’s roads authority CNADNR has awarded a contract of nearly RON80 million (EUR18.2 million), VAT included, to an association led by French group Eurovia for the construction of a 4.9-kilometer more

06.02.2014

Shareholders of Romania’s helicopters maintenance and repairing company IAR Brasov (IARV.RO) postponed Monday a decision on getting involved, jointly with Airbus Helicopters, in the production of more

05.30.2014

Brasov-based group Sergiana operating in the food industry, one of the ten largest businesses in Brasov county, overshot the EUR40 million sales mark in 2013, due to a 10% increase, according to ZF more

05.28.2014

The contract to construct under concession the highway linking Comarnic to Brasov will be signed in June and works are due to start in July, Narcis Neaga, general manager of Romania’s roads more

05.22.2014

Visual Fan Brasov, producer of PC tablets and mobile phones under Allview brand, reported fourfold higher sales in 2013, to nearly EUR30 million, and estimates a double-digit growth this year, the more

05.05.2014

Romanian poultry processor Avicola Brasov (AVLE.RO) Monday said its sales rose 8% to 32.7 million (EUR7.3 million) in the first quarter of 2014, from RON30.4 million in the same interval a year more

04.10.2014

Poiana Alba Turism company, controlled by the stakeholders of bakery producer Farinsan Giurgiu, will start, in June, building a 5-star Ark hotel in Poiana Mica (at the Poiana Brasov entryway), in the more

03.18.2014

Immochan, the real estate division of France’s Auchan, plans to open its Coresi shopping center mid-March 2015 and plans to start works on a residential area, together with a local developer, around more

03.18.2014

The deadline GlaxoSmithKline (GSK) set for finding a buyer for its pharmaceutical plant Europharm in Brasov expires at the end of the month. more

01.20.2014

The three hotels owned by businessman George Copos in Romanian ski resort Poiana Brasov last year generated overall revenue of EUR3.65 million, up 9% year-on-year. more

01.08.2014

Romania’s road authority CNADNR will resume the bid for the first segment of Brasov beltway, central Romania, 7.29 kilometers long, with an estimated value between RON109.5 million (EUR24.4 million) more

12.09.2013

Consortia Vinci (France)-Strabag (Austria)-Aktor (Greece) and Impregilo-Salini (Italy) submitted final bids Monday for the construction of Romania’s Comarnic-Brasov highway section, Romanian more

10.21.2013

Spanish group Inditex has leased 6,000 square meters in shopping center Coresi, which is currently developed in Romania's central city of Brasov by Immochan, the real estate division of French group more