11.17.2021

Romania’s hotel industry is in full swing and by 2024 another 15 hotels are due to be opened, with a total number of 2,000 rooms, reveals a ZF analysis based on a report by STR hospitality industry more

11.15.2021

Fabrica de Lapte Brasov, the producer of the Olympus dairy products, has invested EUR139 million in the plant in Halchiu, Brasov County, so far, in the decade since opening it, the company officials more

11.15.2021

Holland Farming Agro, a major importer and distributor of seeds, fertilizers, bio stimulants or products for ecological crops in Romania, with turnover of above RON70 million in 2020 and a 10% profit more

11.11.2021

2021 will bring a turnover decline for Interstar Chim against the first pandemic year, as disinfectant demand declined, but the figure will go beyond the level of 2019, the last year before the more

11.08.2021

Italy’s group Erilon, a provider of state-of-the-art farm solutions, wants to enter the Romanian market, as well as neighboring countries, such as Hungary, Serbia or Poland. more

11.08.2021

Belgium’s bakery group La Lorraine has invested over EUR70 million in the first two phases of the new plant in Campia Turzii and is set to invest another EUR60-70 million in the next phase. more

11.04.2021

Verdino Green Foods, a Romanian producer of meat alternative products using pea protein, has sold a minority stake to private equity firm BlackPeak Capital via BlackPeak Southeast Europe Growth Equity more

11.04.2021

Romania’s largest online retailer eMAG plans new logistics investment and it also targets regional centers that should reduce delivery times nationwide. more

11.02.2021

Pharmaceutical manufacturer Biofarm (BIO.RO) has inaugurated a new pharmaceutical manufacturing and testing facility in capital Bucharest, which entailed an investment of over EUR35 million. more

11.02.2021

Belgium-held logistic space developer WDP has invested EUR7 million in an 11,000-sqm industrial space it built for Sweden’s plastics producer Rosti, The building is located in Paulesti locality, more

10.28.2021

Dental clinic chain Dr. Leahu is set to open Centrul Regional de Excelenta in Cluj, in the wake of a 3-year process and total investments of above EUR2 million. more

10.27.2021

eMAG Ventures, the investment fund created by eMAG – leader on the Romanian online retail market, with a strong foothold in the region too, has announced its first investment, of EUR1.5 million, in more

10.27.2021

Romanian engineering and technology firm Simtel Team, listed on the AeRo market of the Bucharest Stock Exchange, announced it acquired a 837,866-sqm industrial land plot in Giurgiu, where it is set to more

10.27.2021

Simpa, one of the oldest bakery plants of Sibiu, majority held Maria Agarbicean (98%) and managed by Alexandru Agarbicean, is set to invest RON1.5 million in machinery to expand its activity. more

10.27.2021

Swedish-held private medical service provider Medicover Romania, the third largest private medical service providers in the country, said it would open four imaging centers inside its centers in the more

10.26.2021

The net assets of the 233 domestic and foreign open-end and closed-end investment funds operating in Romania grew by 3.2% in September 2021, to RON52.9 billion (EUR10.7 billion), and by 19% since the more

10.26.2021

The soaring building materials costs are being strongly felt in the agribusiness field as well, for investors have construction projects underway and are even likely to delay project completion, more

10.25.2021

Bacau-based Barleta plant, producing paper bags and sacks for major supermarket chains, pharmacy networks or bakery makers, forecasts 7% higher turnover this year, to EUR20 million, according to the more

10.22.2021

Rosendahl Nextrom, the domestic arm of Rosendahl Nextrom GmbH Austria, part of Austria’s group Knill Gruppe, in 2020 posted turnover worth RON12.7 million (EUR2.6 million), down 64% year-on-year. more

10.21.2021

Cigarette producer BAT contributed RON7.8 billion to Romania’s state budget in the first nine months of 2021, 13% more than in the year-earlier period. more

10.20.2021

Agricost, the largest grain and oilseeds farm in Romania by cultivated land, located in the Great Braila Island, has opened in 2021 the third alfalfa processing plant. The project of the construction more

10.19.2021

The seven Pillar II (mandatory) private pension funds in Romania, which hold significant stakes in the companies listed on the Bucharest Stock Exchange, had RON87 billion assets at the end of more

10.18.2021

Furniture retailer Ikea, present with two stores in Romania, went beyond the RON1 billion turnover mark domestically in the financial year ended on August 31, 2020, according to the group’s more

10.18.2021

FAN Courier, Romania’s leading courier services company, expects to generate RON1.1 billion revenues this year as in the first nine months volumes rose by 10% against the year-earlier period, more

10.15.2021

Romania needs to invest EUR23 billion in the energy sector to comply with the Integrated National Energy and Climate Plan (INECP) as undertaken before the European Commission. more