06.17.2016

Romanian aluminum smelter Alro Slatina (ALR.RO) plans to invest $53 million (RON214 million) in 2016, focusing on increasing energy and equipment efficiency and portfolio expansion. more

06.14.2016

Ana Hotels will invest EUR20 million in renovating the rooms of Athénée Palace Hilton hotel in Bucharest and in the construction of a new building of the hotel and a conference room, a project which more

05.23.2016

Vodafone Romania, the second largest player on the local mobile telephony market, will have a “massive” budget for network investments in 2016, the company’s Chief Executive Officer Ravinder more

05.13.2016

Romania's state-owned railway operator CFR SA said it continues the program of current maintenance and repair works on railway infrastructure components in order to lift speed restrictions and improve more

05.11.2016

The Romanian Government increased by 50% the annual maximum budget for stimulating investments in economy, from EUR100 million to EUR145 million, following a legislative amendment. more

05.06.2016

The shares of companies listed on Bucharest Stock Exchange (BVB) oscillated in the first four months of the year between yields of up to 19% and losses of 15%. more

04.27.2016

GSK (GlaxoSmithKline) Romania invested over EUR3 million in the last two years in research and development, in clinical trials, focusing on five therapeutic areas, namely respiratory, HIV, vaccines, more

04.12.2016

Veranda Shopping Center, developed by Prodplast Imobiliare in Bucharest, will invest EUR2 million in infrastructure works in Obor area, where the mall is located, the company said in a statement on more

04.04.2016

Star Assembly Sebes, the subsidiary of German group Daimler in Romania, started on Monday, in Sebes (central Romania), the production of 9G-Tronic nine-speed automatic transmission for Mercedez-Benz more

03.29.2016

Martin Slabbert and Victor Semionov, founders and former management team of investment fund New Europe Property Investments (NEPI), have set up a new private investment and real estate development more

03.28.2016

Belgian real estate developer Liebrecht&wooD has invested nearly EUR200 million on the Romanian market in the last 15 years, since entering the local market, and the group holds 115,000 square meters more

03.02.2016

Medlife, the biggest private healthcare provider in Romania, will contract a EUR56 million loan from a group of four banks, for acquisitions in the next 18 months, as well as for a new investment more

03.01.2016

Telekom Romania on Tuesday said it budgeted investments of over EUR180 million in 2016, which will target mainly the expansion of the 3G/4G networks and of the fiber optic network. more

02.29.2016

German group Bosch is developing an investment program worth EUR55 million, mainly to develop the production units in mobility solutions sector after it started new projects in the mobility solutions more

02.04.2016

P3, the specialist owner, developer and manager of European logistics property, will build a third new logistics space this year, on a total surface area of 42,800 square meters, within the project P3 more

02.01.2016

UK-based mining company Vast Resources on Monday said it invested over $4.5 million in 2015 in the two Romanian mines it administers in Baita Plai (Bihor County) and in Manaila (Suceava County). more

01.26.2016

McDonald’s Romania, the largest restaurant chain on the local market, will open seven McCafé coffee shops and another 1-2 restaurants this year, doubling investments to nearly RON25 million more

01.26.2016

Brasov-based textile manufacturer Promar on Tuesday said it invested EUR4.5 million in a washhouse in Brasov (central Romania), which provides lease, upkeep and sanitation services for hotel textiles more

01.22.2016

Supermarket chain Mega Image will continue to invest EUR50 million/year in expansion, in the next two years, and will open its second logistic center in Stafanesti at the end of the third quarter, more

01.20.2016

United States Ambassador to Romania, Hans Klemm, said Wednesday in Suceava (northern Romania) that his priorities will be to promote prosperity between the two countries, the commerce and the more

12.17.2015

Retail chain Profi targets investments of EUR50 million in Romania in 2016 and the bulk of the amount will be used to expand its store network which is expected to reach 500 units in 2016. more

12.08.2015

Energy companies invested $1 billion in drilling works in oil fields in the Romanian Black Sea in 2015, Razvan Nicolescu, executive lead advisor within Deloitte’s Energy & Resources practice and more

10.27.2015

The companies in automotive industry which plan to invest in Romania mainly target the central region, but are also interested in the northeastern region (Moldavia), while the number of greenfield more

10.21.2015

Foreigners investing in the Romanian economy might soon become "inhibited" as regards costly investments, especially in the banking sector, due to legislative uncertainties, Mihai Bogza, Chairman of more

10.13.2015

Hungarian oil group MOL will be opening a total 12 gas stations in Romania in 2015, in addition to the Agip filling stations bought from Italian company Eni, and the overall investment stands at EUR20 more