01.22.2021

Paint and coatings manufacturer Sarcom Valcea has budgeted EUR300,000 investments for 2021, after a 2020 that its owners, brothers Aurel and Marinica Potop, say was good though atypical. more

01.19.2021

Modern retail chains in Romania are preparing to open 400 new stores in 2021 and spend EUR700 million to EUR800 million on expansion, on upgrades and logistics, ZF has found from the data they more

01.18.2021

Romanian seamless steel pipes manufacturer Tenaris Silcotub has completed the certification process for its new production line intended for the automotive industry. more

01.15.2021

The European Commission said in a press statement on Friday that it approved an investment of over EUR222 million from the Cohesion Fund to upgrade and install drinking water and wastewater more

01.14.2021

NN Pensii, the largest Pillar II pension fund in Romania, bought into Prosus, which owns eMAG, the largest online retailer in Romania, with 127 million lei and invested RON97 million in French more

01.08.2021

Casa Noastra, the manufacturer of QFort windows in Dolj County (southern Romania) has scheduled EUR10 million investments in developing production in 2021. more

01.07.2021

Real estate developer Iulius Group of businessman Iulian Dascalu expects the pandemic to have a sizeable effect on last year’s revenue but says it will go ahead with its development plans. more

01.06.2021

Several construction material manufacturers are investing almost EUR50 million in new precast concrete, thermal insulation panel, brick and polystyrene plants in Romania in 2021. more

12.30.2020

German-held Kaufland group, the leader of the local grocery retail, opened 10 hypermarkets in 2020, its fastest expansion pace in the last few years, for a total of 138. more

12.23.2020

Seven of the modern grocery retail chains in Romania have opened new stores in 2020, despite the COVID-19 pandemic. In all, 421 new hypermarkets, supermarkets, modern convenience and discount stores more

12.22.2020

Liberty Galati announced Tuesday it completed an investment of EUR13.5 million in the modernization of a hot stove for one of the steelworks’ blast furnaces. more

12.16.2020

Computer and electronics retailer Altex, the leader of this market in Romania, has invested EUR27 million in business development this year, choosing to continue expansion despite the COVID-19 more

12.14.2020

Romania’s largest milling and bakery business Boromir has invested EUR8 million in boosting grain storage capacity and corn flour and bread production capacity to meet rising demand, its officials more

12.10.2020

Net investments in the Romanian economy grew 0.7% in January-September 2020 compared with the same period last year, to RON68.8 billion, data from the country's statistics board showed Thursday. more

12.09.2020

Investment fund 212 is becoming shareholder of 123 Form Builder, a Romanian start-up company founded in the city of Timisoara and specialized in creating online forms. more

12.08.2020

Biscuit manufacturer Croco, one of the largest in this business in Romania, has completed a EUR6 million investment in boosting production capacity and diversifying its product range and hired 60 new more

12.03.2020

Unicarm, the largest entrepreneurial company in Satu Mare and one of the largest actors on the meat market in Romania, has invested EUR12 milion to EUR13 million in development this year, despite the more

11.23.2020

Sergiana group based in Brasov has opened two new stores this year for a total of 58 across three formats – supermarket, convenience and meat stores. The company also introduced deliveries for its more

11.17.2020

Ursus Breweries, the beer market leader in Romania, has invested more than EUR10 million in a new craft brewery in Cluj-Napoca, named Barlog. The company also has a pub and a souvenir shop on the more

11.12.2020

Farm and forestry equipment manufacturer IRUM Reghin is conducting a EUR9 million investment project to boost production capacity and create 50 new jobs. more

11.11.2020

Vetro Solutions, a distributor of veterinary drugs and services, on Wednesday said it is investing EUR4.5 million in a veterinary drug factory that will be built in Iasi until 2021. more

11.11.2020

Altex, the biggest electro-IT retailer in Romania, will be opening a store of 3,400 square meters in Chiajna commune (Ilfov County), on November 12, in its own space, following an investment of EUR10 more

11.11.2020

Kastamonu Romania (formerly Prolemn), held by Turkey’s Kastamonu Entegre, one of the leading wood processing groups in that country, has budgeted investments in boosting production capacity of door more

11.10.2020

Packaging manufacturer Promateris, formerly known as Prodplast, plans to make a EUR7 million investment in a new biodegradable packaging plant in Crevedia, Dambovita County. more

11.04.2020

Romanians working abroad sent EUR2.3 billion back home in January-August 2020, while foreign direct investments reached EUR1.4 billon (adding intragroup loans) and EUR994 million if considering only more