01.17.2022

Dolj-based Windows maker Casa Noastra, owned by Stedan Cherciu, in 2021 had the best year in its history in terms of turnover and business performance. more

01.14.2022

The private investors part of TechAngels association, which supports Romania’s tech startup ecosystem, earmarked EUR8.9 million last year for the financing of local technology projects, doubled the more

01.13.2022

Businessman Mohammad Murad, the owner of Phoenicia Hotels and one of the largest hoteliers in Romania, envisages investments of tens of millions of euros in tourism in 2022. more

01.13.2022

Virgil Mandru, owner of wine maker Tohani, said the company’s investment budget amounts to at least EUR9 million in 2022, aimed at winery retooling and green power. more

01.12.2022

Romania’s real estate market attracted investments of EUR920 million in 2021, up 4% from 2020, which is a level closest to the record high reached in 2018, when investments slightly exceeded the more

01.12.2022

Carniprod Tulcea, one of the biggest meat processors in Romania, controlled by entrepreneur Nicolae Ciuleac, for 2022 targets 5% higher turnover than last year, according to the company’s officials. more

01.06.2022

Egger Romania, part of the Austrian supplier of wood-based material for furniture industry and interior decorations, construction and flooring Egger, in 2021 earmarked over EUR16 million for more

12.29.2021

The bet of Constantin Dulute, a major Romanian entrepreneur, on Vinicola Averesti 2000, the company behind Domeniile Averesti wine brand, is ever bigger. more

12.28.2021

ROCA Investments carried out a capital increase at RDF and became the majority stakeholder in the company, a major grain trader of Banat, founded by Florin Deznan. more

12.27.2021

Romanian regional investment fund SIF Transilvania (SIF3.RO) is summoning its shareholders on January 28, 2022 to vote on a decision aimed at changing its name to Transilvania Investments Alliance. more

12.23.2021

Rondocarton, part of Austria’s Rondo Ganahl group, one of the biggest producers of corrugated cardboard, operating three packaging plants in Romania, will end 2021 with turnover worth above EUR100 more

12.23.2021

Fan Courier, leader of Romania’s courier services market, is investing over EUR25 million in its own warehouses of transit points in Cluj-Napoca and Brasov, according to Adrian Mihai, co-founder of more

12.21.2021

Romania’s media market has attracted investments worth EUR629 million in 2021, being the first time when advertising budgets exceeded the EUR600 million threshold reached in 2008, per data released more

12.21.2021

Private healthcare services provider MedLife aims for EUR340 million pro-forma turnover in 2021 after the company has had a strong focus on acquisitions and clinched several deals that are now visible more

12.20.2021

Evergent Investments (formerly known as SIF Moldova) wants to operate a reduction of the share capital by RON1.9 million and to carry out a buyback program of maximum 23.1 million shares, representing more

12.10.2021

Net investments in the Romanian economy amounted to RON78.7 billion in the first nine months of this year, up by 6.1% against the year-earlier period, data from the national statistics board showed more

12.08.2021

ROCA Investments launches a building materials holding that brings together Bico Industries and Sarcom, the two companies in its portfolio operating in this field of activity, and also targets the more

12.07.2021

Rondocarton, part of Austria’s grup Rondo Ganahl, a major producer of corrugated cardboard in Romania, in 2021 invested around EUR4 million in the plants in owns in Cluj, Sibiu and Targoviste, more

12.07.2021

Wine maker Cramele Recas, one of the biggest players on Romania’s market, expects 15-20% higher revenues in 2021, but the estimate highly depending on the direction of the last weeks of the year, more

12.06.2021

Law firm Reff & Asociatii, member of the Deloitte Legal global network, has provided legal assistance to ROCA Investments and the company Emerging Europe Refrigeration & Services (EERS) in the sale of more

11.30.2021

FAN Courier, Romania’s leading courier services company, is expanding to the Republic of Moldova as part of its CEE development strategy, according to the company’s officials. more

11.26.2021

The sale of Frigotehnica, a manufacturer of refrigeration solutions, to VINCI Energies, the Romanian holding company of VINCI, a global construction and energy group, was finalized on Friday after more

11.23.2021

Pharmaceutical manufacturer Biofarm Bucuresti plans to double turnover and focus more on exports in the coming years, according to Catalin Vicol, the company’s general manager. more

11.19.2021

Agroland Business Systems (AG.RO), which operates a chain of farm and garden supplies stores, will carry out a capital increase operation through which 4.71 million new shares will be issued. more

11.19.2021

At the end of the first 9 months of 2021, Photon Energy had a project portfolio of around 218 MW under various stages of development in Romania, almost double the 117 MW capacity of early 2021, more