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

03.30.2021

Seed producer Agrosel in Campia Turzii, Cluj County, ended 2020 with RON44.7 million revenue, an increase of 20.3% year-on-year, the company officials say. They expect growth this year, as well. more

03.26.2021

Bakery company Lidas in Tulcea County (SE Romania) plans to expand production capacity by adding a new bread factory. The total investment stands at EUR46.8 million, EUR23 million of which state aid, more

03.24.2021

German-held cement manufacturer HeidelbergCement, which has three plants in Romania, has planned investments in improving operational efficiency in the country, after a year with rising demand fueled more

03.24.2021

Romania’s government in 2020 approved state aid for 30 projects with more than EUR500 million investments. State aid accounts for more than one third of this figure. more

03.23.2021

Portugal’s EDP Renewables (EDPR), the third most important investor in green power in Romania, says new projects will only come if Romania decides how to handle contracts for difference (CfD), which more

03.19.2021

Germany’s Kärcher group, which makes vacuum cleaners in its own plant Curtea de Arges, Romania, said its turnover grew 30% in 2020, to over RON380 million, and business has picked up in 2021. more

03.18.2021

The real estate investment market has become a more and more attractive alternative for Romanian entrepreneurs who are interested in diversifying the instruments whereby they can place the capital more

03.16.2021

A President-branded product of the Lactalis group made in the Sfantu Gheorghe facility in Romania has been exported to 38 countries and export is one of the main goals for the plants the group has in more

03.15.2021

Don Pedro company based in Ramnicu Valcea, one of Romania’s leading producers of tissue paper, has doubled its production capacity upon completing an investment program in equipment and machines, more

03.15.2021

German-held windows solutions producer Rehau Romania will invest approximately EUR10 million in Sibiu County, in the construction of a regional hub, in line with its development plans. more

03.15.2021

Romania could see more than EUR2 billion investments in 1.4 GW of wind farms in the next five years, with the major companies in the green energy sector already seeking permits from grid company more

03.15.2021

Germany’s B Braun, which is conducting one of the largest investments in Romania, in an irrigation solutions plant in Sanandrei near Timisoara, has applied for a EUR12.4 million state aid for the more

03.11.2021

Novator Pharma SRL, which has been operating in Romania since 2018, has got its EUR4.8 million state aid application granted for an investment almost three times that amount, EUR13.7 million, a more

03.11.2021

PPF Real Estate, a developer and real estate assets investor held by Czech billionaire Petr Kellner, seeks again to buy office or even industrial buildings in Romania. more

03.10.2021

Dobrogea Grup, one of the largest milling and bakery businesses in Romania, has budgeted EUR2 million investments in 2021, after completing a more than EUR1 million investment in an automated frozen more