10.18.2023

Clothing retailer Modivo, part of the Polish CCC group, which owns the footwear brand of the same name, epantofi stores and HalfPrice, a low-cost fashion retailer active in the outlet segment, has more

10.11.2023

On October 24, the Fort Otosan Craiova plant will officially start producing the new Transit and Tourneo Courier model beside Puma. more

05.10.2023

The increase in production capacity at Ford Otosan’s plant in Craiova from 250,000 to 272,000 units, along with the start of production of the new Transit Courier and Tourneo Courier with both more

04.20.2023

Developer NEPI Rockcastle plans to open the Promenada Craiova mall in October 2023, following a more than EUR125 million investment. The mall will include more than 150 stores. more

11.25.2022

Sphere Franchise Group, the operator of the KFC, Pizza Hut and Taco Bell franchises in Romania, Italy and the Republic of Moldova, has opened a new Taco Bell restaurant in Electroputere Mall Craiova more

07.15.2022

Pharmaceuticals group A&D Pharma – Dr.Max Group has leased over 5,000 square meters within the CTPark Craiova East industrial park, in a new building due to be completed by the end of 2022. more

05.18.2022

French real estate group Catinvest has completed the second phase of the Electroputere Parc development and it will soon finalize expansion works on the Electroputere Mall which will enable the more

05.18.2022

Healthcare for 1.9 million people living in south-western Romania will be transformed following construction of a new regional hospital in Craiova backed by a 368 million Euro long-term EIB loan. more

12.20.2021

Ford’s assembly facility in Craiova has produced one million vehicles between 2009 and 2021, in the amount of EUR18 billion, of which over 95% went to export, in line with calculations by Ziarul more

12.17.2021

Ford Romania on Friday revealed the one millionth vehicle manufactured at its Craiova assembly facility, which is a Puma ST-Line in Desert Island Blue, powered by a 155 PS EcoBoost Hybrid engine. more

12.13.2021

Dacia Mioveni şi Ford Craiova, the two car plants in Romania, manufactured 379,952 vehicles in the first eleven months of 2021, fewer by 6.11% than 404.699 units in the same period of 2020, data from more

11.15.2021

After years of being overshadowed by major retail developments in centers such as Cluj, Iasi, Timisoara or Constanta, Craiova is readying for two new major retail projects to become a new regional more

10.25.2021

Craiova-based Softronic, the only factory in Eastern Europe manufacturing electric frames and locomotives, owned by four Romanian entrepreneurs, has contracted financing of EUR4.5 million from lender more

10.07.2021

Romanian state-run aircraft maker Avioane Craiova (AVIO.RO) said in a stock market report Thursday that it raised RON45.8 million from 52 shareholders which subscribed 18.3 million shares within the more

08.02.2021

Victor Munteanu has taken over as the new general manager of Romanian state-run aircraft maker Avioane Craiova (AVIO.RO), effective August 2021, after the mandate of Mihai-Marian Sdreala expired. more

02.18.2021

Ford’s Romanian assembly plant in Craiova could produce electric vehicles in the coming years, in the context of Ford of Europe’s new strategy to reduce carbon dioxide emissions. more

12.09.2020

French real estate group Catinvest has completed a mixed-use building within the Electroputere Parc shopping center in the city of Craiova and opened the first Class A office building in Craiova; a more

08.17.2020

Romanian state-run aircraft maker Avioane Craiova (AVIO.RO) has signed a four-year contract worth RON275 million (VAT not included) with Romania's National Defense Ministry for the modernization of more

03.06.2020

Romanian power transformers producer Electroputere Craiova (EPT.RO) is free to delist from the Bucharest Stock Exchange after its majority shareholder ended an offering to buy a minority stake. more

02.12.2020

Romanian power transformers producer Electroputere Craiova (EPT.RO) said Wednesday the financial supervisory authority has approved the plan of majority shareholder Al-Arrab Contracting Company to more

01.24.2020

About 50 automotive component suppliers, which have production facilities Romania, supply parts for the new Puma SUV assembled by US carmaker Ford at its plant in Craiova. more

01.07.2020

Romanian power transformers producer Electroputere Craiova on Tuesday denied plans to shut down production saying no decision was made in this respect by the board of directors. more

10.17.2019

The government calculated it needs to spend EUR600 milion on the 900-bed Regional Hospital in Craiova, five times more than a private operator invested in a hospital, keeping the proportions. more

10.09.2019

Romania’s car production, at Dacia and Ford plants in Mioveni and Craiova, respectively, has reached 354,812 units in January-September 2019, 2.26% more than in the same period in 2018, when 346,971 more

10.01.2019

Investment fund NEPI Rockcastle, the largest shopping mall owner in Romania and a leading player in Central and Eastern Europe (CEE), has completed the acquisition of a 200,000 sqm land in Craiova, more