05.21.2024

Some of the suppliers of footwear retailer Benvenuti closed the factories they had in Romania and moved them to countries where wages are lower, says Adrian Cazu, Benvenuti’s development & retail more

04.05.2024

Pastry maker Senneville based in Timisoara (western Romania), with a EUR3.7 million turnover in 2023, seeks to invest in a new factory, in the neighboring county of Hunedoara. more

03.28.2024

Suceava-based paving stone manufacturer Symmetrica, owned by Stanciu family, is investing EUR48 million in a new factory in the vicinity of capital Bucharest, in the locality of Bolintin-Vale, which more

02.08.2024

The factory by Raiffeisen Bank program, launched six years ago to support beginner entrepreneurs, has provided funds for more than 430 businesses, with the total financing value nearing EUR24 million, more

02.02.2024

China's Haier Group, one of the newest and also largest investors in the Romanian home appliances manufacturing sector, has announced its intention to lay off almost 40% of the 1,000 employees at its more

01.17.2024

The starch factory in Medgidia, which Turkey’s Tosmur Group opened in 2022, posted EUR98 million revenue in 2023 and is expecting a 10% increase in 2024, company officials say. more

12.14.2023

PepsiCo, one of the leaders of the food and beverages industry and the second largest player on the Romanian soft drinks, on Dec 14 announced a $13 million investment in installing a modern fully more

12.07.2023

GreenWeee, a home appliance recycling company, part of the Green Group, has completed its third WEEE (i.e. waste electrical and electronic equipment) recycling plant following an investment of RON75 more

10.12.2023

Bauer Kompressoren, part of German BAUER Group, one of the world market leaders in the production of medium and high-pressure compressors up to 500 bar, has inaugurated its new factory in Ghimbav more

10.11.2023

PepsiCo, one of the largest players in the beverages and snacks market, is set to finalize EUR100 million investments at its Popesti-Leordeni Snacks factory in 2024, which will turn the unit into a more

10.09.2023

Zambelli Metal, part of Germany's Zambelli Group, a company operating in the field of metal processing, has selected Romanian electricity supplier Electrica Furnizare to carry out a turnkey solar (PV) more

09.07.2023

Fuchs Condimente Romania, the leader of the local spices and food ingredients market, part of Germany's Fuchs Group, has announced an investment of EUR14 million in the expansion of its factory in more

09.05.2023

Diehl Controls, a German manufacturer of components for household appliances, is starting the construction of its factory in Brasov (central Romania) and the production will set off in mid-2024. more

09.04.2023

Raffaello Shoes Factory, Romania’s largest footwear producer, owned by Italy’s Grisport, in 2022 generated turnover worth RON403.7 million (EUR81.8 million), up around 16% from 2021. more

05.04.2023

Cosmetics producer Farmec plans to invest more than EUR40 million over the next years to relocate the entire production to the Apahida commune where it is already manufacturing a part of its products. more

03.23.2023

BENCOMP, a Romanian producer of WPC (wood plastic composite) profiles, will be investing over EUR2 million in 2023 to open a wood briquettes plant in Arad. more

12.29.2022

Dumitru Popescu, 45, a Romanian entrepreneur with experience in the hospitality industry and constructions, wants to build a bread factory in the locality of Carcea (Dolj County) and expects the total more

09.30.2022

Pharmaceutical manufacturer Biofarm (BIO.RO) has reached total investments of over EUR44 million in its new plant inaugurated in capital Bucharest in 2021, which is the largest greenfield investment more

09.26.2022

PepsiCo, one of the leading global food and beverage companies, on Monday announced a $100 million investment in three new operational production lines and a new automated warehouse, automation more

09.07.2022

Raiffeisen Bank is launching factory GROW, a personalized business scaling model based on which entrepreneurs (small and medium-sized enterprises- SMEs) may obtain loans up to EUR500,000 in order to more

07.29.2022

The former Clujana shoe factory, an industrial heritage space of 2200 square meters currently held by the local authorities in Cluj Napoca, was turned into a regional creative hub, under the name of more

06.23.2022

Raffaello Shoes Factory, the largest footwear manufacturer in Romania, held by Italy’s Grisport, reported for 2021 a net profit of nearly RON7.3 million (EUR1.5 million), tenfold higher than nearly more

06.09.2022

Theta Furniture&More, one of the largest players in the interior design and custom furniture market in Romania, has invested EUR4 million in an own factory located in the Paulesti commune (Prahova more

05.19.2022

TeraPlast Group has received the financing agreement through the state aid scheme for an investment of EUR11.2 million in a stretch film production facility. more

05.05.2022

FrieslandCampina Romania, one of Romania’s largest dairy producers, on Thursday inaugurated a new production line for the yellow cheese under the Napolact brand, at its factory in Cluj-Napoca, more