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06.02.2016

Turkish real estate developer Anchor Grup, owner of shopping centers Bucuresti Mall and Plaza Romania, reported a turnover of RON46.4 million (EUR10.5 million) in 2015, down by approximately 4% on the more

05.18.2016

Turkish real estate developer Anchor Grup completed the renovation process of shopping centers Plaza Romania and Bucuresti Mall held by the company in capital city Bucharest, following EUR26 million more

05.17.2016

CIT Grup, the main Romanian distributor on the niche of refurbished IT equipment, ended 2015 with revenue of over EUR5 million, up 24% on the year. more

07.06.2015

Romanian state-owned power producer Electrocentrale Grup aims to built a cogeneration plant nearby capital city Bucharest, even though the green energy projects market is frozen on various changes in more

04.24.2015

Turkish real estate developer Anchor Grup started the renovation of the façade of shopping center Bucuresti Mall, which is due for completion in September. more

12.22.2014

BMF Grup, provider of facility and property management services to companies such as Inditex, H&M, NEPI or Immochan, estimates a 40% higher turnover for 2014, at EUR3.78 million. more

10.23.2014

Romanian IT&C group Televoice Grup seeks a new investor in 2015 to bring in an estimated EUR10 million that will allow the business to develop according to the potential of the local market, company more

06.29.2014

Grup Servicii Petroliere, the flagship company of the Upetrom group of Constanta businessman Gabriel Comanescu, is consolidating its position in Mexico, where it sent three offshore drilling rigs to more

04.25.2014

Alexandrion Grup Romania, Romania’s biggest spirits producer, in 2013 reverted into the black after three years of losses and reported a gain of 5.7 million lei (around EUR1.3 million) from a minus more

04.23.2014

The concrete prefab market contracted by 4% last year in volume and by 6% in value amid the low demand for products used in infrastructure works, according to the representatives of research company more

04.17.2014

Bucharest-based builder Straco Grup, controlled by brothers Alexandru and Traian Horpos, ended 2013 with revenue of 616.5 million lei (EUR140 million), down 29% from 2012. more

04.03.2014

Real estate developer Anchor Grup, which owns the first two malls built in Bucharest, Bucuresti Mall and Plaza Romania, will begin remodeling of the latter in about a month. more

03.14.2014

Supremia Grup, a business held by the Bara family of Alba county, which supplies ingredients and spices to the local food industry, expects a 10% increase in revenue in 2014, after ending 2013 with more

10.14.2013

Gabriel Comanescu, the businessman who controls offshore drilling company Grup Servicii Petroliere (GSP), say he wants to double his offshore rig fleet from the current six units and add two vessels, more

09.11.2013

Turkish real estate developer Anchor Grup has appointed Razvan Gaita to the position of general manager of its operations in Romania, replacing Ali Ergun Ergen, whose second mandate as Anchor CEO more

06.25.2013

ExxonMobil has awarded Texas-based Diamond Offshore Drilling a $532 million contract for drilling services in the Neptun block in the Black Sea, which it operates in partnership with OMV Petrom more

06.11.2013

Romanian state-run lender EximBank has recently approved the granting of financing to Romanian private freight railway carrier Grup Feroviar Roman (GFR) for the latter's planned acquisition of more

06.11.2013

Grup Servicii Petroliere, the flagship company of the Upetrom group, made 143.5 million (EUR32 million) net profit in 2012, compared with RON307.3 million loss in 2011, and 2% higher revenue, RON 813 more

06.05.2013

Bancpost, Banca Italo-Romena, Alpha Bank and Banca Transilvania along with six grain traders including VA Intertrading, CHS, Brise Group, Alfred Toepfer and Cargill have about EUR19.5 million to more

04.25.2013

Agroli Group, mainly operating in poultry industry, reported turnover of 527 million lei (EUR120.9 million) in 2012, slightly up from a year ago. more

04.10.2013

Dobrogea Grup, one of Romania’s largest bakery businesses, went insolvent six weeks ago after its sales dropped 24% to EUR41 million in 2012. more

04.05.2013

Ali Ergun Ergen, a Turkish executive who has been involved in the development and running of three of the first four malls built in Bucharest, has taken an advisory role for the Coresi project that more

03.25.2013

Ali Ergun Ergen, the manager who was involved in the development of three shopping malls in Bucharest, last week resigned from the position of Chief Executive Officer of Turkish real estate developer more

03.14.2013

Grup Servicii Petroliere, part of Upetrom group owned by businessman Gabriel Comanescu, won a new contract with Gazprom, the world’s largest natural gas producer, for oil exploration in the frozen more