11.09.2016

New Kopel Group, the first operating leasing company in Romania, invested EUR10 million in vehicles and special projects in the first nine months of 2016, during which time its turnover rose 11% to more

08.18.2016

Romanian waterproofing and thermal insulation systems producer Arcon has ceded its polystyrene plants in Sfantu-Gheorghe and Bucharest to expanded polystyrene (EPS) manufacturer Hirsch Porozell SRL, more

07.15.2016

Agricola group reported a turnover of RON345million in January-June, up 12.7% on the year, due to higher sales, the company said in a statement Friday. more

07.04.2016

Valentin Petrof, the executive who has served as country manager of workforce solutions provider ManpowerGroup in the past five years is leaving his position. more

06.30.2016

Romania’s Competition Council on Thursday approved the transaction whereby Noriel group, a toy retailer, distributor and manufacturer, was taken over by Polish private equity fund Enterprise more

06.07.2016

Mauricio Mesa Gomez is the new general manager of Cordia Romania, a company responsible with the residential development projects of Futureal Romania, part of Futureal Group, the developer of more

05.24.2016

FF Group Romania, the local division of international group FF Group Greece, has completed the newest retail and business concept in downtown Bucharest, on Campineanu Street, in the vicinity of more

04.21.2016

CIT Group, the main Romanian distributor on the niche of refurbished IT equipment, registered revenue of over EUR5 million in 2015. more

04.04.2016

Romania’s Financial Supervisory Authority (ASF) on Monday said it approved the takeover of general insurance company Credit Europe Asigurari – Reasigurari S.A. by Ergo Group, one of the largest more

02.09.2016

New Kopel Group (NKO), the first operating leasing company in Romania, announced it wants to extend its operations to the real estate sector, searching for new business development opportunities. more

01.26.2016

Happy Tour group reported a turnover of EUR94 million in 2015, up 40% on the year, due to a 23% increase in the number of business clients and a 20% hike of the number of leisure clients, the company more

01.19.2016

Erste Group Bank, owner of lender BCR, was admitted as broker on Bucharest Stock Exchange’s regulated market, and the bourse’s officials expect this "outpost" to Vienna Stock Exchange would ensure more

12.14.2015

Swiss Automotive Group, one of the largest European independent provider of car parts, will buy a 51% stake in the leading local provider of car parts, Autonet, the company said in a statement Monday. more

09.22.2015

Iulius group, owned by businessman Iulian Dascalu, started construction works at Openville Timisoara, a EUR220 million development that will include offices, retail spaces and entertainment areas. more

09.21.2015

UTI group, majority owned by businessman Tiberiu Urdareanu, put up for sale Netcity Telecom, the company building Bucharest-based optical fiber network, sources on the financial and telecommunications more

09.09.2015

Two of ten Romanian employers have recruitment plans in the last three months of 2015, up 5% compared with the same period a year before, according to a survey of recruitment and short-term temporary more

08.18.2015

Iulius group, owned by businessman Iulian Dascalu, will develop a new building, of 9,000 square meters, in Palas Iasi mixed development, the company said in a statement. more

07.30.2015

UniCredit Tiriac Bank will grant financing of EUR28 million to Valvis group, run by businessman Jean Valvis, of which nearly EUR18 million for Carpathian Springs, the bottling firm of Aqua Carpatica. more

07.16.2015

Iulius group, owned by businessman Iulian Dascalu, will invest EUR220 million in a development in Timisoara, that will include offices, retail spaces and entertainment areas. more

05.13.2015

Brise Group, of Constanta entrepreneur Marius Bucur, ended last year with EUR289 million revenue, 10% above the 2013 level and its highest ever. more

05.11.2015

Romanian and US authorities have agreed to establish a working group on cybersecurity that will strengthen bilateral collaboration in this sector, the government said in a statement Monday. more

04.09.2015

Israeli group Gindi will invest EUR20 million from own sources in GViTown residential compound developed in Bucharest, and appointed Danya Cebus company as the constructor of the project. more

03.05.2015

Businessman Marius Bucur, who owns Brise Group, one of leading players in the local agribusiness sector, has acquired control of Constanta-based Granex. Bucur already had 49% in that company and more

02.17.2015

Waste recycling group Green Group estimates it will have a turnover EUR160 million this year, 6.6% more than in 2014, and plans to open a new factory. more

02.04.2015

Garanti Group Romania, a subsidiary of Turkey’s second largest bank Garanti Bankasi, reported last year revenue worth 631.5 million lei (EUR142 million), up 18.8% on the year, and a consolidated net more