03.14.2025

Ford Otosan’s Craiova plant is starting deliveries of the first electric cars made in Romania to Ford dealers throughout Europe. more

03.14.2025

Ford Otosan’s Craiova plant benefited from a new production capacity increase, to 300,000 vehicles at present. more

02.11.2025

Romanian oil services company Foraj Sonde Craiova (stock symbol: FOSB) said it has concluded four contracts worth a total RON43 million with Romanian gas producer and supplier Romgaz (stock symbol: more

01.29.2025

Avioane Craiova (AVIO.RO), a Romanian aeronautical company, has called shareholders for a general meeting on March 6, when they are to vote on getting a loan facility to fund the day-to-day operation more

01.08.2025

Craiova will have its first Hilton hotel next year after work on the Hilton Garden Inn hotel has been completed, following an investment of more than EUR25 million, hotel representatives said on ZF more

11.25.2024

Craiova-based Ford Otosan plant in October hit an all-time production level, with more than 27,600 cars assembled in a single month, in line with ACAROM data. more

09.19.2024

The Tei Group, made up of Farmacia Tei and Bebe Tei, has opened new stores in Dolj County, in ElectroPutere Mall in Craiova, an investment that is part of the plan to expand outside Bucharest. more

08.19.2024

Avioane Craiova, an aircraft manufacturer controlled by the Romanian state, in H1/2024 registered total revenues worth RON74.4 million, almost three times higher than in the same period of last year. more

08.02.2024

Sphera Franchise Group (SFG.RO), the company that manages KFC, Taco Bell and Pizza Hut restaurants locally, continues the development of its restaurant portfolio with the opening of the first KFC more

07.16.2024

Private medical service network MedLife continues expansion of its mental health center chain MindCare with a new such facility in Craiova, after those in Bucharest and Constanta. more

06.12.2024

Retailer Leroy Merlin has completed the relocation of Craiova store, which will be opened on June 19 in the same shopping center Electroputere Park, to a 14,750-sqm space, 16% bigger than the previous more

05.07.2024

Infinity Capital Investments, one of the five financial investment companies listed on the Bucharest Stock Exchange, wants to sell the 77% stake it holds in Constructii Feroviare Craiova, with the more

01.18.2024

Tei Group, which owns Farmacia Tei and Bebe Tei retail chains, has rented about 2,400 square meters in ElectroPutere Mall in Craiova, held by France’s Catinvest. more

01.15.2024

Romanian lender Banca Transilvania grants financing of almost EUR32 million to Craiova-based Softronic, Eastern Europe’s sole producer of electric multiple unit trains and electric locomotives, for more

01.09.2024

Romanian state-run aircraft maker Avioane Craiova (AVIO.RO) has called shareholders to decide on extending by six months the contracting of a credit facility under the form of a bank guarantee letter more

12.08.2023

Foraj Sonde Craiova, a local drilling company for the oil and gas industry, controlled by Valentin Cristescu (68.5%) and Emil Cristescu (26.3%), announced it sealed a RON146 million contract VAT not more

10.24.2023

Ford Otosan has officially started the production of Courier models at its plant in Craiova on Tuesday (October 24), being the first new models produced since the plant was taken over in summer 2022 more

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