03.04.2022

German giant Varta wants to produce batteries for electric cars in Romania and is willing to invest EUR1 billion, Roxana Mînzatu, Secretary of State in the Ministry of European Investments and more

03.04.2022

Private hospital Sanconfind of Campina, with a 90-bed capacity, opened in 2015, had 97,000 patients last year and generated RON24 million turnover. more

03.03.2022

The world's largest sovereign wealth fund, with about $1,400 billion in assets, i.e. six times what the Romanian economy produces in a single year, was a shareholder in nine companies listed on the more

03.03.2022

Business angels investment platform Growceanu has announced the launch of an investment application which facilitates the development of tech startup portfolios, eliminating all the hassle related to more

03.03.2022

Theta Furniture&More, a major player on Romania’s interior design and custom-made furniture, expects EUR14 million turnover for 2022 after completing a new furniture plant. more

03.02.2022

Startup Hyperhuman, which develops a platform of customized fitness trainings using the artificial intelligence (AI) technology, on Wednesday announced a new investment round worth EUR700,000 run by more

03.02.2022

Agroland Business System, a Romanian retail, agriculture and food entrepreneurial group, which owns the biggest agricultural store network in Romania, for 2021 reported consolidated revenues of more

02.28.2022

Oves Enterprise, a Cluj-Napoca-based company specializing in software development, with EUR3 million turnover at end-2021 and 75 employees at present, wants to hire around 135 developers by yearend, more

02.25.2022

Private healthcare operator MedLife (M.RO) reported a pro-forma consolidated turnover of EUR332 million in 2021, up 51% year-on-year, and announced plans for acquisitions and growth of EUR120 million, more

02.25.2022

Romania’s country brand is worth $178 billion, 11% more than in 2020, reveals a report by Brand Finance, a global independent brand valuation firm. more

02.24.2022

Dairy maker Agroserv Mariuta (MILK.RO) of Dragoesti, Ialomita county, a company that owns dairy brand Laptaria cu Caimac, has completed the construction of its second production unit, equipped with a more

02.23.2022

Cluj-Napoca-based cigarette wholesaler Punctual Comimpex, held by entrepreneur Vasile Muresan, targets RON950 million (over EUR192 million) turnover this year, up 11.6% on the year, in line with ZF more

02.23.2022

Airline Blue Air reported turnover worth EUR121 million in the second pandemic year, down 15% from the previous year. more

02.22.2022

Pharma group Bioeel, owned by businessman Albert Attila, a founding member, and Jean Scheftsik de Szolnok, a French citizen, in 2021 generated turnover worth RON562 million (EUR114.2 million), 18% more

02.21.2022

Italy’s fashion group Moncler, active on the luxury segment, plans to develop a new plant in Romania, where it will hire 300 people, and also to build a kindergarten for employees’ kids. Total more

02.21.2022

Footwear retailer Benvenuti, controlled by local entrepreneur Dan Pavel, for 2021 reported turnover worth RON123.4 million (EUR25 million), up 26% year-on-year. more

02.21.2022

2022 started with a positive signal for the hotel sector, with 277 accommodation unit construction sites being already underway by February 14, in line with data provided by IBC Focus, which operates more

02.18.2022

Romanian startup company Hyperhuman, which developed a digital platform for fitness professionals for video content creation and monetization, is readying the launch of an investment campaign on more

02.18.2022

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, ended 2021 with turnover of almost more

02.18.2022

Debt collection firm Kruk Romania in 2021 bought over 60 portfolios, coming to manage more than 2 million Romanians in 15 years of activity, said Cosmina Marinescu, CEO of Kruk Romania. more

02.17.2022

Kosarom group, founded by Neculai Apostol, with 1,250 employees, expects turnover to remain unchanged this year against 2021, at RON372 million (EUR75 million), according to the founder. more

02.17.2022

Angst group, controlled by entrepreneur Sorin Minea, will further expand the own store network by opening another three-four stores in Bucharest this year and is set to complete the reconstruction of more

02.17.2022

Mures-based Piinea de Casa has completed the EUR4 million investment in a new bread factory, built in Sangeorgiu de Mures, 6 km away from Targu-Mures, according to Bela Kovacs, the manager of the more

02.17.2022

One United Properties, one of the leading green developers of residential, mixed-use and office real estate in Romania, has sealed a partnership with Veolia Romania Solutii Integrate (VRSI), part of more

02.16.2022

Real estate investments in Romania neared EUR900 million in 2021, with over a third of the amount transacted being recorded in the last three months of the year, in line with data from real estate more