04.21.2022

Rodbun group, established two decades ago by Daniel Muntean and Alexandru Iancu, plans to shift from primary production and agricultural input trading to processing. Thus, on the medium term it plans more

04.20.2022

The high activity levels seen on the local real estate investments market at the start of 2022 indicate that the total investment volumes in Romania could exceed EUR1 billion in 2022, according to more

04.20.2022

Medical device manufacturer Hamilton Central Europe has invested more than EUR4.5 million in its Romanian operation, starting with the Mechanics department and is continuing with the development of more

04.19.2022

The international airport in Oradea (western Romania) launched in the Electronic Public Procurement System (SEAP) the tender for the development and modernization of the airport infrastructure, an more

04.18.2022

Electricity distributor and supplier Electrica (EL.RO) on Monday said the Board of Directors approved on April 15 the consolidated value of the Investment Plan (CAPEX) of Electrica Group for 2022, in more

04.12.2022

OTP Asset Management Romania has launched OTP Innovation Fund, the first fund in Romania that offers the possibility to invest, internationally, in companies that allocate a significant share of their more

04.12.2022

Paper manufacturer Pehart Tec Grup, founded by private equity fund Abris Capital, is planning to expand the warehouse spaces it owns, putting necessary investments at EUR7 million. more

04.12.2022

Grand Balvanyos Resort of Covasna county, a hotel project owned by Lorand Szarvadi, is expanding the existing 120-room hotel, with the value of the project nearing EUR10 million, out of which 30% more

04.11.2022

Egger Romania, part of the Austrian supplier of wood-based materials for furniture and interiors, construction and flooring Egger, has budgeted an investment program of about EUR15 million for this more

04.11.2022

The real estate market ended 2021 with a sense of optimism, which continued into the first quarter of 2022, with total investment volume reaching EUR98.6 million, a 75% increase over the first quarter more

04.07.2022

All the 400 Petrom petrol stations will have a MyAuchan proximity store integrated inside by end-2023, with the project initiated by the two giants, OMV Petrom and Auchan, being launched five years more

04.07.2022

Japanos restaurant chain, started in Bucharest, has opened its first unit abroad, in a touristic area of Paris. more

04.05.2022

Josephine Payne, Ford Romania president, says the new $300 million investments in Craiova have already been kick started and they are underway. more

04.01.2022

EMI, a company specialized in integrated solutions and services for industrial access, will invest up to EUR15 million in 2022 for the two acquisitions on the Belgian market and to strengthen more

03.31.2022

Agroland group, active in the retail, agriculture and food sectors, is carrying out investments to the end of cementing its foothold on the egg market and make inroads on the market of poultry more

03.31.2022

Banca Transilvania, the biggest lending institution on the Romanian market by assets, expects to generate RON2.1 billion net profit this year, 18% above the 2021 gain, as it projects rising revenues more

03.30.2022

Romanian startup ATLAS, which developed the telemedicine platform atlas.app, has attracted an investment of EUR500,000 from eMAG Ventures, the investment program for technology companies, in order to more

03.29.2022

Sergiu Cadar, CEO of Somproduct, a local furniture and home décor retailer, says the company is betting on expansion during this period, both with the aid of physical stores and via online platforms. more

03.29.2022

Turkish-held Tosmur Grup, a group with farming activities, has invested EUR78 million in building a starch plant in Medgidia on a ten-ha area, set to employ 200 people. more

03.29.2022

Sonimplex Topoloveni, the company that owns Magiun de Topoloveni brand, carries out its entire production in Topoloveni and has invested over EUR1 million in its current warehousing and production more

03.29.2022

The EUR5 million investment plan Czech group Packeta announced in Romania for 2022 is likely to suffer some changes amid the Ukrainian war and its fallout, said Alexandr Jeleascov, CEO of Packeta more

03.28.2022

Tarsincom, a private company established in 1996 for domestic and international passenger transport, controlled by Corneliu Lucescu, saw its turnover rise by 16% in 2021 from 2020, to RON36 million. more

03.28.2022

British paper packaging producer DS Smith, present in Romania with a plant in Zarnesti, Brasov county, has invested more than EUR200 million in Romania to bolster its production capacities. more

03.24.2022

Perfect Dent, a stomatology clinic of Bucharest, developed by dentist Denisa Zaharia 16 years ago, reached RON3 million turnover in 2021, up 45%. more

03.24.2022

Alba-based building materials manufacturer Florea Grup is installing a photovoltaic project comprising four parks with a 10,000-sqm total area for the four Petra Pavaje plants in owns on industrial more