07.23.2019

Cameron Romania, which makes oil industry equipment, posted 128% increase in net profit to 255 million lei (EUR54 million), Finance Ministry data show, and its net profit margin stood at 20%. more

04.12.2019

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03.14.2019

Kitchen equipment retailer Kitchen Shop, a Romanian concept launched by entrepreneur Laurentiu Ilie ten years ago, has grown to 18 stores and about EUR10 million sales. more

06.25.2018

Plumbing and heating equipment and construction materials wholesaler Romstal, part of the Italian group held by businessman Enrico Perini, saw its revenue increase by 8% to almost 660 million lei more

08.09.2017

The lack of investment in the local renewable energy sector is making some companies in the energy infrastructure construction business turn to markets abroad. One such company is Electrogrup, which more

08.11.2016

German-held Kaercher group will begin production at its Curtea de Arges plant in southern Romania in September. The plant will make vacuum cleaners for industrial and household use. more

06.07.2016

Cameron Romania, the largest manufacturer of oil industry equipment in the country, posted growth of 6% in 2015, with revenue reaching almost 1.3 billion lei (EUR288 million) and net profit RON332 more

05.30.2016

The rising demand for farm equipment in Romania and in Europe is what Craiova businessman Catalin Stroe who owns farm equipment manufacturer Ruris is betting on in order to develop. more

12.29.2015

Romania's state-owned postal operator Posta Romana has launched two auctions targeting an integrated project for the development of the company’s electronic communications network (ECN), with the more

12.23.2015

Defense company Romarm, a state-owned manufacturer of weapons and military equipment, exported $94.5 million worth this year, almost 10% more than in 2014. more

12.10.2015

Private sector companies and public sector institutions bought about 14,000 printers in the first nine months of the year, most of them black and white devices, so the office equipment market rose by more

11.19.2015

Oil industry equipment and service providers have lost 30% of their market value this year, the worst decline since the 2008-2009 crisis, due to dwindling revenue caused by lower investment from their more

07.13.2015

Romanian oilfield equipment maker Upet Targoviste (UPET.RO) aims to supply drilling equipment to Romanian companies involved in Iraq projects, with a lucrative oil production due to small costs of more

06.25.2015

Major US suppliers of oil and natural gas industry equipment and services made more than $850 million revenue in Romania last year. More than 2,000 people, most of them in Ploiesti, work on pumping more

06.01.2015

Frigoglass Romania, a company part of the Greek refrigerating equipment manufacturer Frigoglass, posted 405.8 million (EUR91.4 million) revenue last year, an increase of 4% on 2013 driven by sales in more

04.09.2015

Oil and gas producers have had to cut investments due to the sudden drop in oil price, which translates into a lower demand for drilling equipment, pipes and drilling services. more

02.11.2015

Most Romanians still consume video content traditionally, in front of the TV by watching shows or movies when scheduled by the networks. However, a trend that is now only visible in large cities, the more

11.03.2014

UniCredit Leasing, the biggest player on Romania’s financial leasing market, in the first nine months released funding for car and equipment acquisition worth EUR208 million overall, up 20% from the more

10.10.2014

DAAS Romania, a major supplier of equipment for hotels, restaurants and food stores, will end 2014 with 100 stores fitted out, out of which ten are hypermarkets. Most units, though, are still more

09.17.2014

The leasing market grew by more than 20% in the first half driven by funding for vehicle purchases, while the equipment segment has yet to make a visible impact. more

06.19.2014

EnergoBit Cluj, one of the largest suppliers of equipment and services for the energy sector has expanded exports to Ghana and is in talks for contracts in Azerbaijan and Turkmenistan. more

05.01.2014

Sports equipment retailer Hervis, present in Romania with a 13-store network, in 2013 went into the red again after a year in positive territory. more

03.07.2014

The need for investments in energy efficiency and the hope that the old infrastructure will be replaced some day are about the only chances of growth left for providers of equipment and services for more

02.26.2014

German-held Karcher, which sealed a production partnership with Electroarges as early as 2002, is likely to expand production in Romania. Considered options include the construction of a plant on a more

02.19.2014

Since it opened the oil equipment plant of Aricestii Rahtivani, Ploiesti, in mid 2013, Lufkin group has hired another 80 people, so that the unit that makes oil pumps for 20 countries now employs 340 more