06.29.2023

Hochland Romania, a major dairy producer in Romania, is in 2023 investing to develop and expand the capacity of Sovata plant, where various cheese products are manufactured, as a reaction to more

06.27.2023

Redport Capital has completed the second phase of The Level Apartments residential complex in Straulesti-Damaroaia area of Bucharest and is starting the third phase. more

06.27.2023

Restaurant and club group Fratelli, launched on the market 18 years ago, has for 2023 budgeted RON85 million turnover, up 8% on the year, and RON10 million profit. more

06.27.2023

Netherland’s Versuni group, the former Philips Domestic Appliances, will invest RON75 million this year to develop the plant of Orastie, Hunedoara, where the company mainly produces coffee machines. more

06.27.2023

Chromosome Dynamics, a developer of IT and AI solutions for the agribusiness sector, wants a capital raise by end-August to be able to build a new water-soluble fertilizer plant, whose value is put at more

06.26.2023

E-INFRA group, controlled by businessman Teofil Muresan, expects RON3 billion consolidated turnover, RON400 million net profit in 2023. more

06.23.2023

Barrier, one of Romania’s largest PVC trim makers, has completed the investment meant to expand the production capacity of Bacau plant after getting an over EUR3 million non-reimbursable funding via more

06.23.2023

Mures-based construction materials producer Daw Benta plans new investments in production and warehousing capacities. For 2023, it has a RON3.9 million budget. more

06.22.2023

Abatorul Peris, a business owned by Jabbar Kanani, the founder of Agricover, ended 2022 with RON343.8 million turnover, up 11% from 2021, with losses widening from RON12 million in 2021 to RON17 more

06.21.2023

SIF Muntenia (SIF4.RO) has informed the Bucharest Stock Exchange of its shareholders' decision to approve the change of the company's name from Societatea de Investitii Financiare Muntenia SA to more

06.21.2023

Perla Harghitei SA, a major natural mineral water bottler locally, plans to reach turnover worth above RON148 million (over EUR30 million) this year, budgeting an over 18% increase against 2022. more

06.20.2023

Real estate developer Genesis Property has started turning business park Novo Park of northern Bucharest into Yunity Park, a new real estate concept, a EUR50 million investment. more

06.15.2023

Romanian massage chair retailer Komoder has started an investment worth EUR3.2 million in a 5,200-sqm multifunction space that will include 4,000 square meters of logistic spaces and 1,200 square more

06.14.2023

Germany’s Kärcher, which owns two local vacuum cleaner plants in Romania in Curtea de Arges, is investing EUR20 million in the development of local production. more

06.12.2023

Cris-Tim Holding, one of the largest meats producers in Romania, ended 2022 with RON878 million revenue, more than 15% higher than the RON754 million of 2021, the data the company supplied for ZF’s more

06.08.2023

Romania’s real estate investment market ended the first quarter of 2023 with deals worth EUR120 million, accounting for almost 10% in CEE-6 volume, reveals a Colliers analysis. more

06.08.2023

Cristina Batlan and Roberto Batlan, the founders of footwear and accessories brand Musette, are investing in Energoloop startup, founded in partnership with Eduard Fariseu, which operates as a more

05.31.2023

Healthcare network Regina Maria has invested over EUR3 million in the largest regional lab, located in Cluj-Napoca, a city where the company has so far poured around EUR25 million. more

05.30.2023

In line with a LinkedIn post, Czech-held TESLA has secured a 100,000-sqm area for the future Braila plant in ELI Park Braila, a logistic project carried out by Element Industrial, controlled by more

05.26.2023

Bucharest’s medical center Emerald, part of Softmedica group, has opened the second clinic in Iasi, in a EUR3 million investment, and plans to open another six in major cities of Romania. more

05.25.2023

The net assets of the 93 Romanian open-end investment funds totaled RON17.8 billion (EUR3.6 billion) in April 2023, up 1.9% since the beginning of the year, data from the local Association of Asset more

05.25.2023

Distributie Energie Electrica Romania (DEER), a member company of the Electrica Group, has undertaken to implement an ambitious investment program for 2023, targeting investments of around EUR100 more

05.25.2023

JD Agro Cocora, part of Romania Farm Invest A/S owned by Danish investors, is focusing on becoming a top grain grower in the coming years, with its expanding the cultivated area by as much as 20,000 more

05.19.2023

Danube freight transporter Transport Trade Services (TTS.RO) has summoned its shareholders for June 19 to vote on acquiring 99.9% of the share capital of port operator Decirom for a price of EUR21.8 more

05.18.2023

Romania’s most important generic drug manufacturer Antibiotice Iasi (ATB.RO) has received from the Romanian government the approval for the funding of a project for manufacturing, packaging and more