08.31.2022

Packeta Romania, part of the Czech group of the same name, has a EUR5 million investment budget for this year, with the money to be largely used to expand its pick-up point network. more

08.30.2022

Real estate developer Impact Developer&Contractor in the first six months of 2022 posted revenues from property sales worth RON90 million, up 31%, and net profit of RON14 million, compared with RON2.7 more

08.24.2022

Focsani-based packaging producer Electric, owned by Buzaianu family, saw its turnover rise 15% in the first six months of this year from the same period of 2021 in the wake of investments meant to more

08.22.2022

One United Properties, one of the largest real estate developers in Romania, saw its net profit soar by 136%, to RON347.8 million, in the first six months of 2022 from 1H/2021. more

08.09.2022

Romania’s finance ministry increased by RON1 billion (almost EUR200 million), to RON7.38 billion from RON6.38 billion, the maximum budget of the state aid scheme for investments with a major impact more

08.09.2022

Romanian entrepreneur Cristian Erbasu has budgeted investments of above EUR50 million in the next three years in the businesses he owns in the fields of constructions, real estate and dairy more

08.04.2022

Over EUR2.5 billion will be available to companies in Romania in the coming months for investments in development, retrofitting, digitization, recycling or investments in increasing energy efficiency, more

08.01.2022

DIY network Brico Depot, with 35 stores on the Romanian market, wants to expand the range of products it sells in Romania and continue investments in the online platform. more

07.29.2022

Infopress Group, one of the largest private players on Romania’s printing house market, controlled by Spanish private equity fund GED, has budgeted RON10 million investments for 2022. more

07.27.2022

Luxury jewelry store chain TEILOR, with bonds listed on the Bucharest Stock Exchange, has oened its first store in the Czech Republic, in the Westfield Chodov shopping center of Prague. more

07.27.2022

Businessman Ioan Simion, founder of Sanconfind hospital of Campina opened in 2015, with a 90-bed capacity, says 2022 has been a little better than last year, with the hospital witnessing a 5% turnover more

07.27.2022

Cosmetics producer Farmec Cluj has earmarked RON9 million for investments in 2022, 45% more than in 2021, in line with ZF calculations based on company data. more

07.26.2022

Restaurant group City Grill has a RON24 million investment budget for 2022, 3-4 times bigger than in 2020 and 2021, marked by the Covid-19 pandemic, which pummeled the hospitality industry. more

07.25.2022

Artprint, the first private printing house after 1990, has a RON5 million investment budget for 2022, with the money aimed at boosting activity efficiency. Some projects have already been implemented, more

07.22.2022

International Lazar, specialized in freight transportation, controlled by entrepreneur Ion Lazar, ended 2021 with total turnover worth RON203.6 million (EUR42 million), from RON140.6 million RON in more

07.21.2022

Suceava-based paving stone manufacturer Symmetrica reported 20% higher turnover for the first half of 2022, as prices of raw materials went up by as much as 30%. more

07.21.2022

River transport company Trading Line Group, majority held by Paul Ivanov, is set to invest EUR50 million to boost its vessel fleet. more

07.20.2022

Prodal 94, a major producer on Romania’s spirits market, controlled by Iranian businessmen Jabbar Kanani and Bagher Karimzadeh, ended 2021 with RON116.5 million turnover, 54% higher than in 2020, in more

07.20.2022

Targu-Mures-based Nova Vita hospital, a top ten hospital unit by the number of beds, a business founded by entrepreneur Virgil Mailat, has budgeted RON40 million turnover in 2022, up 22% from 2020, in more

07.19.2022

Franke Romania, the local subsidiary of the Swiss group of the same name, has budgeted RON2.5 million investments for this year, almost double the 2020 level and 42% higher than the 2021 one, in line more

07.19.2022

Mayr-Melnhof, a major player on Romania’s packaging production market, is investing to expand its production capacity and warehousing spaces in Ploiesti. The company has an over EUR10 million budget more

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