10.06.2021

Romania's food retail sector reached EUR19 billion in 2020, rising further despite the pandemic. The upward trend will continue, with the sector expected to grow on average 5% per year and reach EUR25 more

09.30.2021

Bucharest and Ilfov are home to over 70% of the total number of Mega Image stores in Romania, with Bucharest leading. Meanwhile, Cluj has become the third most important county on the company’s map, more

09.29.2021

Romanian Stefan Mandachi, the owner of the Spartan restaurant chain, which has over 60 units, said the group he coordinates is in full expansion and in search of locations to open new restaurants, and more

09.28.2021

Jewelry chain Teilor plans to invest RON30 million by yearend to develop its store network in Romania, Poland and Hungary, with the amounts earmarked per project averaging RON3.5 million. more

09.27.2021

Jewelry chain Teilor, controlled by entrepreneur Florin Enache, is readying to list on the Bucharest Stock Exchange through a bond issue, in line with ZF data. more

09.20.2021

Austrian giant ALPLA, with annual turnover of EUR3.7 billion and 178 plants in 45 states worldwide, is to build a recycling plant in Targu Mures in the wake of EUR7.5 million investments. more

09.20.2021

The management board of real estate developer Impact Developer & Contractor (IMP.RO) approved a share capital increase by a maximum of RON194 million via the issue of 775 million shares. more

09.17.2021

Adrian Cocan, founder of Agroserv Mariuta, the company owning the Laptaria cu Caimac brand, with RON49 million turnover in 2020 and around 200 employees, says he plans to take his products to Germany, more

09.17.2021

Iulian Nedea, CEO and one of the three founder of Simtel Team (SMTL.RO), says the General Shareholder Assembly will be convened soon to approve a capital increase meant to fund development projects more

09.15.2021

FintechOS, the Romanian startup developing digital solutions for the financial industry, is tapping the US market, where it is set to work both for traditional banking and lending institutions, as more

09.14.2021

Estonian-held Bolt has more than 10,000 drivers in Romania, double the number reported six months ago, as the platform operates in 18 cities of the country, explained Cristi Salceanu, country manager more

09.14.2021

Door and window manufacturer Pinum Doors & Windows, part of Italy’s group Nusco, is set to open a new plant in Romania in northern Bucharest, in the wake of investments worth EUR6-7 million, said more

09.09.2021

Romanian video game developer Amber reported turnover worth RON50 million in the first six months of 2021, up 45% against the year-earlier period, and expects revenues to grow 36% to RON117 million by more

09.08.2021

Profi retailer, controlled by Mid Europa Partners investment fund, opened 100 units in the first eight months of 2021. The initial target envisaged 250 new store openings in 2021, but the company is more

09.02.2021

French fintech iBanFirst, which operates an online platform enabling companies to conduct fast transactions in over 30 currencies, is expanding into Central and Eastern Europe (CEE), by opening its more

08.27.2021

Gebrüder Weiss, one of the largest logistics and transport operators in Romania, plans to expand its logistics space in Bucharest and Sibiu by about 20% next year. The company currently has 65,000 more

08.26.2021

Global Database, an aggregator of public and private company data founded by two Romanians in 2015, wants to get EUR1.4 million funding for development, marketing investment and to hire sales more

08.25.2021

Jewelry retailer Teilor generated sales of RON88 million in the first six months of this year, 116% above turnover hit in the same period of 2020 and over 46% higher than in the first half of 2019. more

08.23.2021

French-owned Carrefour, which covers several store formats domestically, has 337 units in Romania. By yearend, the retailer will go beyond the 350-unit threshold, though. more

08.23.2021

German-held retailer Kaufland Romania, the second largest player in Romanian retail by turnover in 2020, is betting on store openings in small urban areas with around 20,000 inhabitants, with a more

08.19.2021

NEPI Rockcastle, the largest investor and developer of shopping centers in Central and Eastern Europe, has resumed expansion in Romania in Bucharest and in Craiova. more

08.09.2021

Vodafone Romania has expanded its mobile network with more than 700 4G base stations in the past year, connecting about 150,000 users in 158 rural towns to mobile voice and data services. more

08.02.2021

Alexandrion group has expanded to Greece with alcoholic beverage import and distribution operations, a country where it takes 54 brands in 18 categories. The Romanian business therefore sells its own more

07.08.2021

Medical operator Medima Health, specialized in medical imaging and radiology, continues expansion by opening a clinic in Sibiu, central Romania, following an investment of EUR3 million. more

07.01.2021

Retailer Profi, held by buyout investor Mid Europa Partners, has opened 80 new stores since the beginning of 2021, reaching 1,476 units across Romania. more