01.03.2022

Cristian Pandel, CEO of travel agency Christian Tour, expects turnover to reach 90-95% of 2019 level in 2022. more

12.30.2021

Winemaker Davino of Dealu Mare, known for operating on the premium segment of the market, is to list some wines in major retail chains, having already signed contracts with two major players, with more

12.30.2021

Nina Gheorghita, a stakeholder in Triagroexim, a company cultivating 600 hectares of grain in Braila county, says 2021 ends with higher-than-expected revenues owing to the record high prices of grain. more

12.30.2021

Medisprof Cancer Center, a Romanian-held business, which operates a hospital in Cluj Napoca, providing chemotherapy services, is building a second hospital in Cluj-Napoca, a EUR12 million investment, more

12.30.2021

Unilever has invested more than EUR120 million in Romania over the past 30 years, since the group's first products entered the local market, says Romanian executive Ana-Maria Paslaru, who became more

12.28.2021

Rondocarton, part of the Austrian group Rondo Ganahl, one of the largest corrugated cardboard producers, which operates three packaging plants on the local market, plans to develop a vertical more

12.27.2021

Adinish, one of the best known local businesses focused on the sale of children’s items, for 2022 plans to open showrooms, in a franchise system, in Timisoara, Iasi, Brasov and Constanta, strengthen more

12.27.2021

Techtex, a company specializing in technical textile production, part of Taparo group, in 2021 completed a EUR5 million investment in its third production unit, a new plant near Baia Mare, according more

12.24.2021

Florin Serac, general manager of Turism Felix, which manages a holiday compound in Baile Felix resort, says the company will end 2021 with turnover worth around RON80 million, up 50% from 2020. more

12.24.2021

During the 2009-2020 period, companies operating in Romania’s private healthcare field saw their turnover grow fivefold, from RON2.3 billion in 2009, to RON11 billion last year. more

12.23.2021

Paver maker Elis Pavaje, owned of Gota family of Alba, invests EUR20 million in the group’s fifth plant. more

12.21.2021

Investment in companies developing technology to try to combat the climate crisis grew to $87.5 billion in the year leading up to June 30, according to new research from PwC. more

12.21.2021

Covasna-based Balvanyos Resort will complete in late 2022 an investment project worth around EUR9 million meant to expand the accommodation capacity and area of the spa center. more

12.20.2021

Alpin 2003, managing hotel complex Alpin Resort Hotel, controlled by businessman Claudiu Aron, one of the biggest tourism players in Poiana Brasov resort, is set to post around 15% higher turnover more

12.20.2021

Electrical home appliances production has over the past 3 years attracted investment worth above EUR200 million in three new plants, existent facility expansion and one acquisition, with the field more

12.15.2021

Romanian Cluj-based startup Stailer.ro, an online booking platform for beauty salons, has attracted a bridge investment round worth EUR500,000 from an angel investor group, following which it was more

12.15.2021

Private equity fund Morphosis Capital Fund I, focused on Romanian small and medium-sized company, acquired the majority stake in Stay Fit Gym, the second biggest player on Romania’s fitness market more

12.15.2021

Private healthcare group Romgermed, will open a new clinic on Calea Plevnei, an investment of around EUR1 million, and plans to open two new labs and the fifth clinic in 2022. more

12.15.2021

At the level of 2030, the capacity of solar power projects in Romania is likely to hit 7,400 MW, five times higher than the current one, and OMV Petrom, Romania’s sole oil and gas producer, says it more

12.14.2021

Private healthcare services network Regina Maria in 2021 maintained a two-digit growth pace against 2020, reaching EUR280 million turnover, up 18%, according to Fady Chreih, the network’s CEO. more

12.14.2021

Daniel Minciuna, founder of Nichiduta Trading, a company specializing in children’s products retail, expects turnover to stagnate in 2021 on the year, at around RON40 million. more

12.10.2021

Continental Romania, the largest automotive component manufacturer in the country, is investing EUR8 million in a new building in Iasi, which includes the engineering center, test laboratories and an more

12.10.2021

Car parts producer Preh Romania, a supplier to Porsche, Mercedes, Tesla, Audi or BMW, in 1H/2021 generated EUR126 million turnover, over 27% higher than in the year-earlier period and expects 2021 more

12.10.2021

Italian cable manufacturer Prysmian will invest EUR10 million in 2002 to expand its plant of Slatina, according to Federico Cianciosi, chief operating officer at Prysmian Romania. more

12.08.2021

OMV Petrom, Romania’s sole oil and gas producer, is radically changing its investment directions until 2030, with over half of the company’s budget set to go to green energy and gas. more