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

05.17.2023

Austrian-held Leier, which has acquired several building materials companies locally in recent years, last week opened a new precast concrete element plant in Iasi. more

05.17.2023

Nimet, a major producer of chrome plated steel bars and tubes, is investing EUR20 million in a new plant in Targoviste. more

05.16.2023

The departure terminal of the Cluj-Napoca International Airport is expanding with three new boarding gates, two for international flights and one for domestic flights. more

05.16.2023

Transilvania Broker, an insurance broker listed on the Bucharest Stock Exchange, announced ATM Ventures, the investment arm of Autonom group, controlled by brothers Marius and Dan Stefan, has entered more

05.16.2023

Evergent Investments (EVER.RO), the top performer of the five financial investment companies listed on the Bucharest Stock Exchange in 2022, invested about RON138 million in OMV Petrom (SNP.RO) shares more

05.11.2023

Technical plastic solutions developer Reinert Kunststofftechnik, acquired in late 2019 by Germany’s CCBA Verwaltungs, in the first quarter of 2023 posted turnover of around EUR11 million, up from more

05.10.2023

Schaeffler Romania, the local subsidiary of German group Schaeffler, has for 2023 budgeted an over EUR16 million investment in projects related to production capacity expansion, safety, sustainability more

05.10.2023

Liberty Galati, Romania’s biggest steel producer, has announced a RON40 million investment in duct and pipe production. more

05.09.2023

The investment potential of the green power market (solar panels, heat pumps, insulation) in Romania stands at more than EUR30 billion by 2040 and about EUR20 billion of that could come from banks, a more