09.22.2022

Radu Timis Jr., CEO of CrisTim, one of Romania’s largest meat producers by turnover, controlled by Radu and Cristina Timis, expects the company’s turnover to go up by around 18-20% this year, also more

09.21.2022

Sortilemn Gherla, a major local supplier to Sweden’s IKEA, in the first half of this year generated EUR21.3 million turnover, up 19% from the year-earlier period, in line with ZF calculations based more

09.15.2022

Project company Hoopeks international got the technical connection permit for a 629 MW wind farm in Galati at the end of last month, public data from the national grid operator Transelectrica show. more

09.14.2022

Finnish-held Nokian Tyres, one of the largest tire makers in the world, whose products only go to the aftermarket and not to carmakers’ plants, is considering a new plant in Romania. more

09.14.2022

Alexandru Stanean, CEO of TeraPlast group, the biggest Romanian producer of building materials, says the company plans to invest RON24 million in photovoltaic panels in 2022. more

09.12.2022

Suceava-based paving stone manufacturer Symmetrica, owned by Stanciu family, wants to hit the RON230 million threshold in terms of turnover in 2022, meaning an over 25% increase against last year. more

09.09.2022

Franklin Templeton International Services S.À R.L., in its capacity as Alternative Investment Fund Manager and sole director of the Fund Fondul Proprietatea, announced that the Fund and state-owned more

09.09.2022

Aramis Components, a company owned by the founders of Aramis Invest, Romania’s biggest furniture producer and exporter, asked for RON27.8 million stated aid for an investment of around RON57.2 more

09.09.2022

Hirsch Porozell, the local subsidiary of the Austrian company of the same name, a producer of expanded polystyrene, has budgeted investments of around RON5.5 million for the entire 2022. more

09.07.2022

The European Commission and the European Investment Bank (EIB) have signed the agreement on the Public Sector Loan Facility, the third pillar of the Just Transition Mechanism. The facility will more

09.06.2022

Poland’s Inovo VC, now raising capital for its third fund totally worth EUR100 million, plans to invest around 10-20% of this sum in tech startups of Romania. more

09.06.2022

Trutzi, a manufacturer of wrought iron products of Suceava, with RON350 million turnover, wants to build a new plant. more

09.02.2022

Bucharest’s Trident clinic, controlled by doctor Florin Lazarescu, will reach the RON20 million mark in 2022 at group level, in line with expectations of the stomatology brand’s founder. This more

08.31.2022

Sweden’s OX2, Europe’s largest independent operator of wind projects, is starting works for one of its first investments in Romania, a wind park in Galati valued at EUR120 million. more

08.29.2022

Enel Green Power Romania, the local green power unit of Italy’s Enel, one of Europe’s most powerful utilities group, in early August got the technical approval to connect two large solar power more

08.26.2022

Industrial abrasives manufacturer Carbochim Cluj-Napoca, indirectly controlled by businessman Iulian Dascalu, in the first half of this year registered RON18.6 million turnover, up 3.5%, and net more

08.25.2022

Evopack, which produces cardboard and paper packaging in a plant in Piatra-Neamt and which delivers to McDonald’s KFC, Spartan and Mesopotamia restaurant chains, as well as abroad, boosted its more

08.25.2022

Artemis Real Estate, part of Swiss group Artemis, has completed an over EUR5 million investment in an industrial building developed in Artemis industrial park of Sanandrei, Timis county. more

08.25.2022

Mircea Cirt, founder of ATP group made up of several companies, says he asked for state aid for an investment project entailing boosting truck production and assembly capacity 20-30 times. Should the more

08.24.2022

Promateris (BVB: PPL), a Romanian industrial group and leader in the CEE in the production of low carbon footprint packaging, reported consolidated turnover of EUR18 million for the first six months more

08.24.2022

CTP, the biggest player on Romania’s logistics market, is adding the 100,000-sqm CTPark Arad Vest project to its investment plan for Arad, with this also being the first park built from scratch by more

08.17.2022

Bookstore chain Carturesti is investing EUR450,000 in AudioTribe, the first Romanian platform with audiobooks in Romanian and English, launched a year ago. more

08.17.2022

Gloves Global, a company established last year and controlled by Germany’s PPE group plans to build a protective gloves factory in a RON280 million (about EUR60 million) investment in Bucov, more

08.17.2022

Online retailer evoMAG, held by entrepreneur Mihai Patrascu, has attracted an investment of EUR2 million from Catalyst Romania, one of the most important technology-focused venture capital funds in more

08.12.2022

Gral Medical, the sixth largest player in the private medical services market by revenue, has two sites in Craiova and Ploiesti ready for two oncology hospitals, an investment estimated at RON24 more