02.15.2022

Romgermed, a mid-sized player in the private medical services market, will open a new medical laboratory in the Unirii area of Bucharest in a EUR300,000 investment and plans to develop a new more

02.07.2022

The International Investment Bank (IIB), founded in 1970 by several countries including Romania, reported a net profit of EUR7.9 million for 2021, up 8% on the year, mainly due to revenue growth from more

02.07.2022

Electroglobal Cluj, a supplier of electrical solutions and equipment for industrial automation and lighting systems, controlled by Radu Ciorba jointly with Maksay Csaba, has budgeted investment to more

02.07.2022

Simion Prunean, manager of Grand Hotel Italia, the five-star hotel of Cluj part of Italy’s chain Select Hotels Group, says he hopes for a better year and has budgeted 18-20% higher turnover than more

02.04.2022

The company Masterbuild, general contractor & developer, plans to invest EUR20 million in a logistics park of over 16,000 square meters north of Bucharest, in Butimanu – Dambovita area, with direct more

02.04.2022

Technical plastics solutions developer Reinert Kunststoffetechnik, acquired in late 2019 by Germany’s CCBA Verwaltungs, projects EUR25 million turnover for 2022, up around 13% on the year, in line more

02.04.2022

Romanian home deco chain Delta Studio will in 2022 start building a new logistic center, of 25,000 square meters, for which it has already bought the land plot in Bolintin-Deal, near Bucharest. more

02.03.2022

Metal roofing tile producer Blachotrapez, owned by the Polish group of the same name, plans to start production at the new plant it is building with state aid in Baia Mare in summer. more

02.02.2022

Fish products manufacturer Valeputna, owned by Suceava-based Quality Natural, plans to list its products in new locations in 2022 and manufacture premium products under the private label of some more

02.02.2022

Constanta-based building materials producer Celco has earmarked over EUR2.5 million in 2022 to boost activity efficiency and reduce environment impact. more

02.01.2022

Tire distributor Dinamic 92 Distribution, controlled by Tofan family of Piatra-Neamt, for 2021 reported turnover worth above EUR70 million, around 20% higher than in the previous year, topping early more

02.01.2022

Roofing producer Wetterbest, owned by Ireland’s Kingspan, is set to take an investment program started in 2021 further this year. more

01.31.2022

Bathroom furniture maker Savini Due, controlled by Italian businessman Piersante Savini, has invested EUR12 million to expand the production capacity with two new industrial halls at its factory in more

01.31.2022

Real estate developer Iulius, founded by businessman Iulian Dascălu, is investing EUR40 million in the expansion of the Iulius Mall in Suceava by 14,000 square meters. Investment in the project will more

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