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

11.03.2020

DDS Diagnostic, a Romanian company established in 2002 and specializing in in-vitro diagnostic, is making COVID-19 antigen tests in its own plant, following a more than EUR200,000 investment in more

10.30.2020

Shareholders of regional investment fund SIF Moldova (SIF2.RO) on Friday approved changing the company's name to Evergent Investment, a first on the local capital market. more

10.27.2020

Parcel delivery service company DPD Romania, one of the largest courier service firms on the local market, has invested nearly EUR500,000 in a warehouse of 3,000 square meters located in the town of more

10.23.2020

Turkey’s Arcelik Group, which has two plants in Romania, a refrigerator facility in Gaesti and a washing machine facility in Ulmi, Dambovita County, is investing in the local operations to meet huge more

10.22.2020

Construction company Asfalt Dobrogea based in Constanta has invested 21 million lei in 2020, with a third of the money going towards boosting asphalt production capacity. The company posted RON113 more

10.22.2020

Construction materials manufacturer Celco (Constanta) has invested 5 milion lei in production of autoclaved cellular concrete (ACC) to improve the efficiency of use of this material. more

10.20.2020

The property investment market in Romania exceeded EUR738 million in the first nine months of 2002, 31% higher compared with the same period in 2019, and office transactions accounted for nearly 93% more

10.12.2020

The number of new studios delivered in Romania has doubled in the past two years, with 5,528 such homes completed in 2019, 28% more than in 2018. The growth rate was high in 2018, as well, when 4,308 more

09.28.2020

Germany’s do-it-yourself retail chain Hornbach has recently invested EUR28.5 million in its seventh store in Romania, which will be inaugurated Wednesday (Sept 30) in the north-western city of more

09.28.2020

Milling company Boromir Ind, held by several local entrepreneurs, is investing EUR1.5 million in upgrading and building three new silos in Buzau, the project presentation memo on the website of the more

09.24.2020

The net assets of the 223 domestic and foreign open-end and closed-end investment funds operating in Romania fell by 1.6% in August, to RON42.3 billion (EUR8.8 billion), and declined 14.4% since the more

09.22.2020

Italian artisanal ice cream brand La Romana, brought to Romania by telecom retailer Arsis, is starting to expand in franchise system, and the first gelato shop was opened within AFI Cotroceni shopping more

09.17.2020

Uniprest Instal, a national wholesaler of heating installations and equipment, is opening a new warehouse in Iasi (eastern Romania), with a total surface area of 920 square meters, which entailed an more

09.16.2020

Construction material manufacturer Joris Ide has revived plans to build a construction material plant in Buftea, near Bucharest, after having postponed the project in May due to the pandemic. more

09.15.2020

Paint, coatings and other construction materials manufacturer Daw Benta will begin construction of a new plant in Mures County this year and thus enter a new niche. more

09.10.2020

Romania's nuclear power producer Nuclearelectrica (SNN.RO) and the European Bank for Reconstruction and Development (EBRD) expect bids for a tritium removal facility in Cernavoda, until October 21; more

09.10.2020

Transactions closed in the last weeks, totaling EUR400 million euros, show the investment market in Romania remains strong and attractive even in the Covid-19 pandemic period and Romania is no longer more

09.09.2020

Net investments in the Romanian economy grew 0.4% in the second quarter of 2020 compared with the same period last year, to RON23.509 billion, preliminary data from the country's statistics board more

09.04.2020

Vel Pitar, the leader of the local milling and bakery market, is investing more than 50 million lei in upgrading its plant in Iasi and expanding the product range, the company officials say. more