01.31.2022

Online retailer evoMAG, a major IT&C player on Romania’s e-commerce market, eyes EUR40 million turnover in 2022, up around 17% against 2021. more

01.28.2022

The net assets of the 234 domestic and foreign open-end and closed-end investment funds operating in Romania grew by 4.7% in December 2021, to RON53.7 billion (EUR10.8 billion), and by 20.7% in 2021, more

01.28.2022

Cluj-Napoca-based ceramic tile producer Sanex, owned by Austria’s Lasselsberger, plans to invest around EUR2 million in 2022. more

01.26.2022

Raiffeisen Bank on Wednesday said it assisted investment fund Insight Investment, as financial advisor, on the sale transaction of Dutch-based company Thames Farming Enterprises to African Industries more

01.26.2022

Decorio, a producer and importer of fencing systems owned by Radu family, has earmarked RON2 million for investments in 2022 to grow the business. more

01.26.2022

Movileanu family, which controls hotel complex Mera Resort of Venus, started building an entertainment park in Neptun seaside resort, in an investment put at almost EUR60 million, due to be wound up more

01.26.2022

Brasov-based roofing systems maker Bilka, owned by entrepreneur Horatiu Tepes, went beyond RON1 billion in turnover in 2021, after an around 40% increase on the year. more

01.25.2022

Shareholders of Romanian state-owned gas natural transmission company Transgaz (TGN.RO) approved on Tuesday (Jan 25) the conclusion of a legal consultancy contract for analyzing and negotiating the more

01.24.2022

Private healthcare services provider Gral Medical, one of the biggest on Romania’s market, controlled by Romanian entrepreneur Robert Serban, ended 2021 with EUR43 million turnover and for 2022 more

01.24.2022

Wellness and relaxation complex Therme Bucharest plans to invest another EUR50 million in the next five years in expansion and new facilities. more

01.24.2022

DN Agrar, a Dutch-held group of firms operating in the fields of animal husbandry, farm production, farming services, logistics, transportation, tourism and advisory services, got the greenlight from more

01.21.2022

The International Investment Bank (IIB), founded in 1970 by several countries including Romania, on Friday said it started the implementation of the financing plan for 2022, with two transactions more

01.21.2022

Portugal’s EDP Renewables (EDPR), the third strongest investor in Romania’s green energy, took over Beta Wind project company, the developer of a 151-MW wind project, according to market sources, more

01.21.2022

Tulcea-based bakery company Lidas, controlled by entrepreneur Elena Anastase, stared construction works for the second bakery plant, in Cataloi, in a EUR46 million investment, half covered by state more

01.20.2022

The roofing and insulating panels manufacturer Impro, a subsidiary of the Polish group of the same name, has planned investments in its factories in Romania, in Timisoara and Cluj-Napoca this year. more

01.20.2022

Artisanal bakery chain Pain Plaisir, controlled by entrepreneurs Irina Stancescu and Tom Rees, will be opening in February a central production unit that will sustain existing stores and future store more

01.19.2022

Paper manufacturer Pehart, controlled by private equity fund Abris Capital, is inaugurating a new production line at its factory in Sebeş, following an investment of EUR10 million. more

01.19.2022

Sortilemn Gherla, a major local supplier for IKEA group, controlled by Austrian Michael Brandhuver, in 2021 generated EUR37.2 million turnover, up 17% year-on-year, in line with company data. more

01.19.2022

Tiberiu Danetiu, marketing manager at Auchan Romania, said the company’s turnover rose year-on-year in 2021, with turnover generated by e-commerce doubling. more

01.19.2022

Romanian building materials producer Soceram is adding a new production unit to its portfolio. more

01.19.2022

Denmark’s Glerups, a producer of wool footwear, is expanding its production operations in Romania with a new hall and wants to hire 100 people in Aiud, Alba county, according to the representatives more

01.18.2022

Astra Vagoane Calatori, one of the biggest players on the local rolling stock market, controlled by Valer Blidar, in 2021 doubled its turnover and for 2022 expects it to at least stay at last year’s more

01.18.2022

Baicoi-based roofing systems maker Novatik in 2021 started an over EUR1.2 million investment and hopes to complete it in the first half of this year. more

01.18.2022

Private healthcare services network Regina Maria, the biggest player on Romania’s market, owned by investment fund Mid Europa Partners, expects to cross the EUR300 million threshold in terms of more

01.17.2022

Automotive safety systems manufacturer Autoliv approved the start of a RON165 million (approximately EUR55 million) investment in its Lugoj plant in Romania in 2021, where 300 new jobs will be more