05.28.2021

Romania’s finance ministry has launched a new state aid scheme for investments of over RON500 million, aiming to attract 15 large-scale projects. The maximum budget of the state aid scheme is more

05.28.2021

Croissant, biscuit and wafer maker Alka Trading ended 2020 with RON231.5 million (almost EUR50 million) revenue, an increase of about 2% year-on-year, ZF has calculated from the data the company more

05.27.2021

Paint and coatings manufacturer Köber, held by the family by the same name in Piatra Neamt, has budgeted growth of 5% in revenue this year, which means the revenue should reach RON418 million at the more

05.25.2021

La Fantana, one of the leading local suppliers of bottled water for water coolers to companies seeks to expand the production capacity of the plant in Talmaciu, Sibiu County. more

05.19.2021

The Timis family, who owns the cold cuts producer Cris-Tim and Casa Timis mansion, plans to build a hotel in the next five years. The entrepreneurs intend to build some accommodation facilities in the more

05.19.2021

Corrugated cardboard and toilet paper manufacturer Vrancart is conducting EUR29 milion investments in several projects intended to ensure development of the business. more

05.18.2021

First-quarter investments on the Romanian property market declined 42% in annual terms, to EUR85 million euro in Romania, with office assets accounting for around half the transacted volumes, real more

05.17.2021

Albrau, one of the largest independent brewers in Romania, has earmarked RON9 million for investments this year, the company officials say. more

05.17.2021

Danone Romania, the leader of the Romanian yogurt market, has invested some EUR11 million in local milk production and in boosting the capacity of its plant in Bucharest since 2019, its officials say. more

05.13.2021

Germany’s Kärcher group has a plant in Curtea de Arges and will open a new one in the same city in 2021. The investment in the two plants stands at EUR35 million. more

05.11.2021

Plastic product manufacturer Sterk Plast plans to continue investments in production over the coming years and hire at least 300 people for its plant in Medgidia, Constanta County, Suleyman Islambay, more

05.06.2021

Evergent Investments (former SIF Moldova, EVER.RO), the largest financial investment company by capitalization on the Bucharest Stock Exchange, bought into Nuclearelectrica (SNN.RO) in the fourth more

05.05.2021

The investment allocation to living assets is set to grow throughout 2021, following the robust performance of the market throughout 2020, which resulted in EUR83.4 billion being invested into the more

05.04.2021

Biscuit manufacturer Croco based in Onesti, Bacau County, one of the largest such manufacturers in Romania, posted more than RON38.7 million (EUR8 million) net profit in 2020, an increase of 10% on more

04.29.2021

Pharmaceutical manufacturer Biofarm (BIO.RO) has budgeted RON47.4 million (almost EUR10 million) for investments in 2021, most of which or about 70% will go towards equipping the new production more

04.28.2021

Apa Nova, the water and sewer utility company in Bucharest, ended 2020 with more than EUR169 million revenue, higher than in 2019. more

04.26.2021

Romanian technology company 2Performant Network (2P.RO), listed on the AeRO market of the Bucharest Stock Exchange, under the ticker symbol 2P, targets a turnover of RON25.58 million at the end of more

04.23.2021

Agribusiness group Rodbun is preparing an investment of up to EUR20 million in building the largest logistics park in Romania’s agricultural sector with an area of more than 40,000 square meters in more

04.20.2021

The net assets of the 224 domestic and foreign open-end and closed-end investment funds operating in Romania grew by 4% in March 2021, to RON47.6 billion (EUR9.7 billion), and by 7.1% since the more

04.20.2021

The situation of the GFG group, the main shareholder of steel plant Liberty Galati, will not affect the operations of Liberty Galati, where GFG’s investment plans have not been shelved, says Ajay more

04.15.2021

Antibiotice Iasi (ATB.RO), the largest Romanian-held pharmaceutical producer, has budgeted RON366.5 million revenue for 2021, an increase of 7.5% on 2020, as shown in its spending and revenue budget. more

04.12.2021

Counsel Group Frankfurt (CGF), specialized in providing software services and solutions, which owns offices in the cities of Bucharest and Iasi, continues its local expansion and is about to invest more

04.12.2021

Germany’s Kaufland group, the leader of the local retail by sales in 2019, according to the latest publicly available data, has a more than EUR375 million investment budget for this year, 25% higher more

04.08.2021

Energia Mileniului III, a company equally owned by Germany’s Max Boegl International and BTG Wide Consulting, will resume construction of a 99 MW wind farm in Tulcea, having recently received a new more

04.05.2021

French-held Smart Wood group, which makes wooden coffee stirrers and ice cream sticks, has almost completed its investment in a EUR10 million plant in Onesti, Bacau County. more