02.25.2021

Romania's state-owned postal operator Posta Romana (CNPR)on Thursday announced the start of the largest investment of the last four decades for upgrades and digitalization. more

02.19.2021

Hungarian roofing systems producer Terran, which produces concrete tiles, is investing EUR500,000 at its production unit in Campia Turzii (Cluj County). more

02.10.2021

Prime Minister Florin Citu said Wednesday that Romania’s economic growth is estimated at 4.3% and investments are expected to grow up to RON61 billion, per the 2021 state budget draft put up for more

01.29.2021

Romanian state-owned hydropower producer Hidroelectrica plans to invest RON170 million in retrofitting works at the Bradisor hydropower plant. more

01.28.2021

Construction material manufacturer Joris Ide, held by Kingspan Group, targets investments of nearly EUR15 million in Romania until 2024. more

01.28.2021

Romania's leading electronics retailer Altex wants all stores, logistics parks and entities in its group to produce and use renewable energy, with the installation of solar panels, and total more

01.20.2021

Romania’s real estate investment market showed resilience in the face of the coronavirus pandemic in 2020, with the volume of transactions reaching EUR914 million, 28% higher than in 2019, per the more

01.18.2021

Turkish-owned real estate developer Opus Land will invest EUR29 million in the Cosmopolis project in 2021, approximately one third more than the investment carried out in 2020, according to SVN more

01.12.2021

Romania’s economy may see an annual average growth of 2.5% between 2020 and 2022, backed by a 6.7% increase in productive investments, against the backdrop of a favorable evolution in 2019, real more

01.12.2021

The assets managed by the seven private pension funds operating on Romania's mandatory segment (Pillar II) reached RON75.14 billion at the end of 2020, with RON13 billion amassed in 2020 alone. more

01.11.2021

Romanian electricity distribution company E-Distributie Banat, part of Italian utility group Enel, invested RON127 million in digitizing and modernizing the power grids in western counties of Arad, more

12.23.2020

Businessman Omer Susli, the owner of home décor stores Homelux, has bought four buildings located in Barlad (two buildings), Tulcea and Drobeta Turnu Severin, from American-held investment fund more

12.22.2020

Romania’s real estate investment market will end 2020 with a volume of approximately EUR900 million, up nearly 40% against 2019, which represents the equivalent of roughly 9% of the volume estimated more

12.17.2020

Coffee shop chain Ted’s Coffee, owned by Romanian entrepreneur Vasi Andreica, continues its investments and announces the opening of two new units, in Bucharest’s Tineretului neighborhood and more

12.17.2020

ROCA Investments has acquired 20% of dairy company Artesana, owned by Alina and Daniel Donici, to support the company's development and a EUR4.6 million investment in a second factory in Tecuci. more

12.15.2020

The seven pension funds operating on the Romanian mandatory segment, known as Pillar II, had total assets of RON73.1 billion at the end of November 2020, reaching a record level and increasing by more

12.11.2020

ROCA Investments, part of Impetum Group, said Friday it has acquired 30% of the shares of irrigation pump manufacturer Mecanex Botosani and plans to invest EUR1 million to make it a major player on more

11.19.2020

Romania plans to invest over EUR22 billion in its energy sector in the next ten years, according to the country's draft energy strategy for the period 2020-2030, launched for public debate. more

10.26.2020

Swiss drugmaker Novartis, which owns in Romania the Sandoz medicine factory in Targu-Mures, is building a drug testing center and a new manufacturing line that will increase the packaging capacity by more

10.23.2020

CTP, the largest developer and administrator of industrial and logistics parks in Romania and Central and Eastern Europe (CEE), plans to double the leasable area of logistics spaces in the region of more

10.21.2020

Romania’s real estate investment market reached nearly EUR820 million in January-September 2020, higher by 45% than in the year-earlier period and by 27% versus 2019, being the best three quarters more

10.15.2020

The seven private pension funds operating the mandatory segment in Romania, known as Pillar II, had assets totaling RON69.82 billion at the end of September, up 12.67% since the beginning of 2020, more

10.15.2020

The Tazz by eMAG application has attracted investments of over RON25 million over the past six months, which will be used to develop the technology segment and the infrastructure, as well as to more

10.07.2020

Lion’s Head Investments, which owns the Oregon Park office project in Bucharest, has appointed Anca Simionescu, former development manager at Forte Partners, country manager for its Romanian more

10.06.2020

Courier services company FAN Courier has invested EUR4 million in 2020 to fully replace its fleet of personal digital assistants (PDAs) which will get into the hands of its employees until the middle more