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

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