07.27.2021

Investment funds cashed just EUR44 million in 2020 from the exits conducted in Romania, the lowest amount since 2014, per data from the Invest Europe-EDC reports drawn up in partnership with law firm more

07.13.2021

Regional investment fund SIF Transilvania (SIF3.RO) has been authorized by the Financial Supervisory Authority (ASF) as a Retail Investor Alternative Investment Fund (RIAIF), under Authorization no. more

07.12.2021

Home appliances manufacturer Arctic Gaesti plans to develop the operations of its two plants in Romania at a time when demand for refrigerators and washing machines is at its highest, as the COVID-19 more

07.12.2021

The investments of several million employees, who are now paying 3.75% of their gross monthly income towards mandatory private pensions, in 24 companies listed on the Bucharest Stock Exchange via more

07.09.2021

Romanian entrepreneur Augustin Oancea, who owns electricity, gas and oil product trader Tinmar Energy, has a RON40 million investment budget for Intercereal, which he acquired last year. more

07.08.2021

Spirits producer and mineral water bottler Prodal 94 plans to end 2021 with RON11 million revenue, an increase of 18% year-on-year, ZF has calculated from the data the company officials supplied. more

07.05.2021

Italy's AFV Beltrame Group, one of the largest producers of steel bars and special steels in Europe, will invest EUR300 million to build an eco-friendly rebar and wire rod factory in Romania. more

07.02.2021

Swiss-held Novartis, one of the largest international pharmaceutical groups, which also has a plant in Romania, Sandoz Targu-Mures, has chosen this country to boost production capacity and create a more

07.01.2021

BCR Social Finance and the European Investment Fund (EIF) have agreed to provide financing of RON75 million to small- and medium-sized enterprises (SMEs), non-governmental organizations (NGOs) and more

07.01.2021

DP World, one of the leading port terminal operators in the world, plans to invest more than EUR50 million in Romania over the next two years, said Cosmin Carstea, CEO of DP World Constanta & DP World more

06.30.2021

Construction materials producer TeraPlast (TRP.RO) is investing EUR12 million in the production of packaging. more

06.28.2021

OMV Petrom, the largest energy company in South-Eastern Europe, will invest approximately EUR70 million at the Petrobrazi refinery, to replace facilities that are essential during the refining more

06.24.2021

EWE Frumusita, the project company of a 66 MW wind farm in Galati has received the connection contract from Distributie Energie Electrica Romania (DEER), part of the Electrica group, the operator of more

06.23.2021

Michele Nusco, the Italian entrepreneur who owns door maker Pinum and real estate developer Nusco, plans to deliver at least 300 apartments a year in Pipera, northern Bucharest, over the next ten more

06.23.2021

Grain trader Cereale Colect Distribution in Tulcea County has earmarked RON40 million for investments in 2021. The company intends to boost storage capacity by 40% to 300,000 tons and expand the more

06.22.2021

Expur, one of the largest vegetable oil and biodiesel producers in Romania, has started investment in a cogeneration facility in Slobozia, which will use sunflower seed husks as raw material. more

06.17.2021

Casa Noastra, the market of the QFort windows in Dolj County, seeks to overshoot the EUR100 million revenue mark in 2021. more

06.16.2021

The owner of the largest Romanian-held grain trader Cerealcom Dolj, Mihai Anghel, hopes to make the first RON1 billion in grain trade revenue this year, after having posted growth of 15% over 2020, more

06.11.2021

Pharmaceutical producer Antibiotice budgeted RON93 million investments for 2021, RON10 million more than in 2020, mainly to develop new facilities at its plant in Iasi. more

06.10.2021

Net investments in the Romanian economy grew 9.9% in January-March 2021 compared with the same period in 2020, to RON20.3 billion, data from the country's statistics board showed Thursday. more

06.09.2021

Logistics and parcel delivery company DHL Express Romania posted growth of 6% in revenue to RON364 million last year. The growth comes amid rising online volumes. more

06.08.2021

Rail freight transportation company E-P Rail posted 10% growth in revenue to RON394 million in 2020 from the RON357 million of 2019. Its officials expect revenue to reach RON500 milion this year, more

06.01.2021

Vel Pitar, the leader of the local milling and bakery market, plans to invest RON43 million in technologies that will allow it to make products with a longer shelf life, without E numbers or more

05.31.2021

Paint, coatings and other construction material manufacturer Daw Benta has begun construction of its face brick plant in Mures County. The investment stands at RON17.5 million and the manufacturer of more

05.31.2021

MOL Romania, the local subsidiary of Hungary’s MOL group, ended last year with RON5.54 billion (EUR1.15 billion) revenue, about 20% lower than in 2019, Finance Ministry data show. more