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

10.14.2021

Tiriac Group used EUR3 million of its about EUR30 million investment budget for Tiriac Tower for projects intended to curb carbon emissions such as bike racks and lockers with showers for those more

10.14.2021

Real estate developer Akcent Development plans to carry out investments on several already acquired land plots, both in district 1 and district 6 of Bucharest. more

10.12.2021

Affidea Romania, the largest player on the local medical imaging services market, announced it opened Affidea I Hiperdia medical center in Cluj in the wake of total EUR2.7 million investments. more

10.12.2021

The Romanian arm of Eglo Leuchten Austria, one of the world’s leading lighting producers, wants to open own showrooms in Romanian cities with at least 200,000 inhabitants and on the short term is more

10.11.2021

Italian fashion group Prada, a major player in the luxury industry, is building a new, 11,000-sqm, plant in Romania, due to be finalized next year. more

10.08.2021

Construction company Masterbuild wants to carry out development activities and is readying a project involving an industrial park with cooling systems, located in Butimanu (Dambovita County), which more

10.08.2021

Croissant, biscuit and wafer maker Alka Trading, including brands such as Alfers and Toortizi in its portfolio, is poised to invest RON10 million in production, with half of the sum coming as state more

10.06.2021

Entrepreneur family Vasile and Marilena Ene invested EUR3 million to expand and retool the air filter plant of Mizil, Prahova county, which can currently produce 100 HEPA filters per day. more

10.04.2021

Mortar, paint and base coat manufacturer Baumit, owned by Austrian concern Schmid Industrie Holding, is expanding the plant it holds in Sag, Timis county. more

09.30.2021

Morphosis Capital, a private equity fund with EUR50 million capital subscribed in Romanian SMEs, has taken over 51% in EMI, a player on the industrial access system market. more

09.29.2021

Retailer Altex, Romania's leading electronics retailer held by businessman Dan Ostahie, will be opening an electro-IT hypermarket on Thursday, in capital Bucharest, following an investment of over more