02.03.2023

PEDRO Construct, the company controlled by businessman Petre Niculae, has invested EUR18 million in the Politehnica Business Tower office building. more

02.03.2023

Samy Numai, managing director of Nimet, one of the biggest chrome plated steel bars and tubes producers, says the company’s 2023 investment budget revolves around EUR18 million and is destined to more

02.03.2023

Roofing manufacturer Wetterbest of Baicoi, Prahova county, in 2022 finalized an investment program of around EUR4 million it started in 2021 with the integration in Irish group Kingspan, which bought more

02.03.2023

Siminel Andrei, one of the most powerful businesspeople in Romania, has developed two bread and bakery factories in Craiova and Braila, involving total investment of EUR10 million. more

02.03.2023

Belgian-held logistics developer WDP will build a logistics center on an area of 6,200 square meters in Almaj, Dolj County, in a EUR4.5 million investment. The building will operate as a distribution more

02.02.2023

Medisprof Cancer Center, a company founded by doctor Carolina Udrea, which owns a hospital in Cluj Napoca providing services to cancer patients, will start building its second oncologic hospital in more

02.01.2023

The Bacau-based door and window trim manufacturer Barrier, owned by Adrian Garmacea, completed investments with a total value of EUR15 million in 2022, and has set other development plans for 2023. more

01.31.2023

Amigo & Intercost, a beverage wholesaler of Odorheiu Secuiesc, Harghita county, in 2022 generated turnover of above EUR100 million, up around 16% on the year, in line with company data. more

01.30.2023

The net assets of the 240 domestic and foreign open-end and closed-end investment funds operating in Romania fell by 1.3% in December 2022, to RON45.9 billion, and plunged by 14.4% since the beginning more

01.26.2023

The year 2023 will probably be a period of rebalancing on the real estate investment segment, after the record highs in 2022, and the logistics and industrial segment remains one of the most dynamic more

01.26.2023

Bioeel, owned by businessman Albert Attila, founding member, and Jean Scheftsik de Szolnok, a French citizen, in 2022 generated turnover worth around RON686.4 million (EUR139.5 million) at group more

01.26.2023

Building materials manufacturer TeraPlast, controlled by Dorel Goia, is investing around EUR15 million in a new factory and a photovoltaic plant this year. more

01.25.2023

Private equity fund Innova Capital, one of the most dynamic financial investors in CEE, including Romania, is raising its seventh fund and wants to collect EUR350 million overall. At least 15-20% of more

01.24.2023

Entrepreneur Cristian Erbasu, who owns builder Constructii Erbasu, plans to start building a hotel in Oradea by the end of this year. more

01.23.2023

Local construction company Ecoterm in 2022 started a EUR2 million investment to develop its own warehouse, in Afumati. more

01.20.2023

The Ascendis Group, the leading player in the training and professional development consultancy market in Romania, is investing EUR100,000 in local software company Ringhel, which created PROCESIO more

01.19.2023

FAN Courier, the courier market leader, has budgeted investments of EUR20 million this year. more

01.19.2023

Alba-based building materials producer Florea Grup, which also operates in the tourism, energy and transport fields, in 2022 reported EUR60 million turnover and profit worth around EUR5 million. more

01.19.2023

Farmec, Romania’s biggest cosmetics producer, is planning investments meant to double its production capacity and sales, but for this project is looking at state aid for funding. more

01.18.2023

Romanian pharmaceutical producer Antibiotice Iasi has budgeted RON580 million revenues for 2023, up 11% year-on-year and RON42 million net profit, 10% higher than in 2022. more

01.18.2023

Mineral wool manufacturer Knauf Insulation, which is making an investment of more than EUR120 million in Mures County, increased its revenue in Romania by over 40% in 2022 compared with 2021. The more

01.18.2023

The Trident dental clinics in Bucharest generated RON20 million revenue in 2022, an increase of 34%, and the plans of entrepreneur Florin Lazarescu, a dentist by profession, are to boost the patient more

01.17.2023

Hidroelectrica, Romania's largest energy producer, will put several investment projects in several of its key units worth more than RON1 billion to a vote at a general meeting of shareholders in the more

01.16.2023

Eazy Asigurari, the first insurtech in Romania to recently receive the approval of the Financial Supervisory Authority (ASF), plans to invest EUR50 million over the next three years, with the main more

01.16.2023

The investors already active on the local real estate market are interested to consolidate their positions, but one can notice the absence of investors from a specific part of the world, says Mihnea more