07.18.2022

French DIY retailer Leroy Merlin has a cautious investment strategy for the coming period, given the current economic context, but is focusing on expanding its store network now comprising 20 units. more

07.15.2022

Romanian electro-IT retailer Altex forecasts a nearly 10% increase in its 2022 turnover, which translates into a slower rate than in the recent period due to the rampant inflation that has already more

07.13.2022

ROCA Investments, a Romanian private equity company part of Impetum Group, has launched ROCA Agri RDF, a holding specialized in agriculture. more

07.07.2022

Romania’s financial supervisory authority ASF on Wednesday approved a draft enabling investment manager BT Asset Management, jointly with several funds and persons acting in concert, to obtain the more

07.07.2022

In Craiova we see the first investment by Ford Otosan outside Turkey. There’s interest in Romania and the investments are set to continue, said Fusun Aramaz, Turkey’s ambassador to Romania. more

07.04.2022

Albrau Prod, one of the largest independent brewers in Romania, including brands such as Albrau or Zimbru in its portfolio, has a RON6 million investment budget for this year. more

07.01.2022

The ownership transfer for Ford plant of Craiova to Ford Otosan has been successfully completed. Ford Otosan has announced EUR490 million investments in Craiova to support the future growth of more

07.01.2022

Ponderas hospital of Bucharest, owned by Regina Maria healthcare network since 2016, has cumulated EUR20 million investments in five years, with the money aimed at expansion and consolidation. more

06.30.2022

Restaurant chain Mesopotamia has budgeted RON200 million turnover for 2022, almost double from 2021. more

06.29.2022

Romania’s energy ministry on Wednesday said announced the launch of the competitive procedure – state aid scheme with the objective of supporting investments in capacity building for the more

06.29.2022

Teilor, a luxury jewelry store chain present in Central and Eastern Europe, has budgeted RON27 million investments for 2022 to open new units, improve existent stores and clients’ omnichannel more

06.28.2022

Farmaceutica Remedia, a major group on Romania’s pharma market, owned by entrepreneur Valentin Tarus, has budgeted RON621.5 million turnover in 2022, up 30% on the year. more

06.28.2022

Building company Drum Asfalt of Bihor, owned by Floare Petroi, has EUR1 million investments underway by yearend, with the money set to be directed to work equipment and personnel. more

06.23.2022

Albalact, the largest company in Romania’s dairy sector and part of Lactalis Romania group, in 2021 reached RON848.7 million turnover, up 11% year-on-year. more

06.21.2022

Alka Trading Co, the biggest company part of Alka group, a producer of croissants, biscuits and wafers, has budgeted RON329.8 million turnover for 2022, up 17% from the previous year. more

06.17.2022

Cigarette and vaping products manufacturer Philip Morris will invest $100 million in 2022-2023 to develop the production capacities for smoke-free products in Romania and reduce the impact over the more

06.17.2022

Medisprof Cancer Center, a company founded by doctor Carolina Udrea, which owns a hospital in Cluj-Napoca, is set to invest EUR2 million in Piatra Neamt oncology center . more

06.16.2022

Real estate developers are further expanding their retail project portfolios in Romania, so that spaces with a total area of above 500,000 square meters are announced for the next four years, reveal more

06.10.2022

Net investments in the Romanian economy grew by 1.2% in the first quarter of 2022 compared with the same period in 2021, up to RON24.416 billion, data from the country's statistics board showed more

06.10.2022

Spirits producer Prodvilanco, majority held by Mircea Todea, Vasile Albon and Marcel Hosu, projects RON57 million turnover for 2022, up 5% on the year. As regards profit, the company’s more

06.09.2022

CTP, the largest owner and developer of logistic and industrial spaces in continental Europe, has started construction works for CTPark Oradea Cargo Terminal, the first industrial park with a cargo more

06.08.2022

Kandia Dulce, Romania’s biggest chocolate producer, aims for 21% higher turnover in 2022 against 2021, to RON194 million, betting on the most important brands in its portfolio. more

06.06.2022

Home appliances producer Arctic, held by Turkey’s Arçelik Group, ended 2021 with a record turnover of RON3.5 billion (EUR700 million), 30% higher than in 2020. more

06.03.2022

CrisTim group, one of Romania’s biggest meat producers by turnover, controlled by Radu and Cristina Timis, is set to invest RON50 million this year to retool the cold cuts plant of Filipestii de more

05.30.2022

Lemon Retail Park, built by Synergy Construct in Bucharest's northern area of Pipera, following an investment of EUR15 million, will be inaugurated in September 2022, real estate consulting firm CBRE more