11.30.2021

Dan Ostahie, founder of computer and electronics retailer Altex, says the company will function on two budgets next year, one built on flat turnover, the second on 15% growth. more

11.30.2021

Cluj-Napoca-based cigarette wholesaler Punctual Comimpex, owned by entrepreneur Vasile Muresan, expects to end 2021 with total turnover worth RON 835 million (around EUR169 million), up 14% from last more

11.29.2021

Ion Bican, managing officer of CER Cleaning Equipment, the company operating the production of Germany’s Karcher domestically, says the company is set to end 2021 with EUR110 million. more

11.29.2021

“We’re constantly seeking specialists, having around 30 open positions at present,” says Ovidiu Pascutiu, general manager of Saint-Gobain Romania. more

11.29.2021

Theta Furniture & More, one of the biggest players on Romania’s furniture and interior design market, will open an office in Brussels in 2022, with Paris to also be included in its expansion plans. more

11.25.2021

Vintruvian Estates group projects consolidated turnover worth around RON36 million in 2021, significantly higher than in 2020, according to Marius Iliev, the group’s manager. more

11.25.2021

Cotnari, the third biggest player on Romania’s wine market, controlled by several local entrepreneurs, with RON142 million (around EUR30 million) turnover in 2020, has finalized the construction of more

11.24.2021

Alba-based building materials manufacturer Florea Grup started the construction of Petra Pavaje, a fourth precast concrete factory to be located in Roman (Neamt County). more

11.23.2021

Doctor Eugen Banciu, a stakeholder in Farmaciile Dona, the fourth largest company in Romania’s pharma retail by turnover, wants to strengthen the company locally and says he’s not mulling foreign more

11.23.2021

Leszek Wacirz, country manager at Nestle Romania, says the company wants to double its activity locally in the next 5-10 years, both through organic growth, through the product mix and via potential more

11.22.2021

Ensana Health Spa Hotels, which owns three hotels in Sovata resort of Mures county, wants to reach accommodation capacity of almost 1,000 beds in the next 3-5 years, with investments amounting to more

11.19.2021

McDonald’s Romania, the largest restaurant chain on the local market, saw turnover go up by almost 40% in 1H/2021 to EUR110 million and should the pace be maintained, the company’s turnover is more

11.18.2021

Hidroelectrica, Romania’s biggest power producer, is in talks for a 2,000 MW wind and solar power project portfolio, the equivalent of three Cernavoda reactors. This is the biggest portfolio of more

11.18.2021

China’s Topband, among the world’s leading specialists in the development and manufacture of intelligent controller solutions, high-efficient motors and lithium batteries for the household more

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