06.02.2021

Sphera Franchise Group (SFG.RO), the company operating in franchise system the brands KFC, Pizza Hut and Taco Bell in Romania, reaches a network of 88 KFC restaurants in Romania, with the opening of a more

06.02.2021

eMAG Group, with operations in Romania, Hungary and Bulgaria and held by investment fund Naspers and Iulian Stanciu, reported revenue of RON8.93 billion in 2020, of which the revenue reported in more

06.02.2021

Core Timpuri Noi residential compound, developed by real estate developer Prima Development Group, will also include a network of up to 25 electric vehicle charging stations for the owners of its more

05.28.2021

Romaqua Group, the largest local producer on the Romanian mineral water and beer market, had sales of RON841.5 million in 2020, just 0.3% lower on the year, despite the pandemic. more

05.25.2021

Germany’s Bosch Group registered consolidated net sales of nearly RON2.2 billion (EUR448 million) in Romania in the fiscal year 2020, up 3% compared with 2019. more

05.25.2021

Fratelli Group, controlled by several local entrepreneurs, targets a turnover of RON51 million for 2021, 12% lower than in 2019, the year before the outbreak of the COVID-19 pandemic. more

05.25.2021

Ion Catutoiu, an entrepreneur engrossed in various investments, including in the real estate sector, and Andrei Stanciu, CEO of construction company Somet Group, will jointly develop a 150-room hotel more

05.24.2021

The Romanian division of Eglo Leuchten Austria Group, one of the world’s leading lighting producers, has invested over EUR10 million in Romania, over the last 25 years, in developing its network of more

05.19.2021

Romanian Taparo Group, which operates in the furniture industry, ended 2020 with a turnover of RON220 million and for 2021, it targets revenue of RON300 million, said Mihai Filip, shareholder of more

05.18.2021

Developer Vox Property Group has contracted a loan of EUR19.5 million from CEC Bank to consolidate previous debt and fund projects under development. more

05.17.2021

Sphera Group (SFG.RO), the franchise operator of KFC, Pizza Hut and Taco Bell restaurants in Romania, on Monday reported a net profit of RON0.5 million for the first quarter of 2021, compared with a more

05.14.2021

Alro Group (ALR.RO), one of Europe’s largest vertically integrated aluminum producers, on Friday said it ended the first three months of 2021 with a turnover of RON744 million, up 4.4% on the year, more

05.13.2021

Romania’s Competition Council has approved the transaction whereby German DKV Group had acquired Arad-based Smart Diesel end-2020, the largest private filling station operator in Romania, founded by more

05.13.2021

The Bucharest Stock Exchange Group (BVB.RO), which operates the Romanian capital market, reported a net profit of RON2.03 million in the first quarter of 2021, down 54% from the same period in 2020. more

05.13.2021

MedLife Group (M.RO), the leader of the private medical services market in Romania, ended the first three months of 2021 with a net profit of RON36.1 million, increasing more than fivefold compared more

05.11.2021

AAylex Group, owned by entrepreneur Bogdan Stanca, which produces and sells poultry meat under the Cocorico brand, is acquiring Banvit Foods, one of the largest local producers of chicken feed and more

05.11.2021

Irish company Alternus Energy Group has acquired a photovoltaic park with an installed capacity of 20 MW, in Giurgiu County, which was previously part of the portfolio of Risen Energy Solar Project. more

04.29.2021

Sphera Franchise Group, the company operating in franchise system the brands KFC, Pizza Hut and Taco Bell in Romania, targets restaurant sales of over EUR230 million in 2021, higher by 63% than the more

04.27.2021

MedLife Group (M.RO), the leader of the private medical services market in Romania, targets a turnover of over RON1.2 billion, on a group level, in 2021, up 15% on the year, according to its revenue more

04.26.2021

Venture capital fund Mozaik Investments, with regional focus, has bought into Flavours Group, which includes the Stradale restaurant chain, and has a EUR5 million expansion plan. more

04.21.2021

TeraPlast Group ended the first quarter of 2021 with a consolidated net profit of RON200.6 million, versus RON6.14 million in the same period in 2020, which also comprises RON189.4 million more

04.20.2021

International Finance Corporation (IFC), member of the World Bank Group, has granted a EUR72 million green loan to Romanian developer Iulius Group for the development of Palas Campus, an eco-friendly more

04.19.2021

Provita Group, one of the leading medical center providers in Romania, founded by dr. Ovidiu Palea, said it will be investing EUR12 million in a multi-disciplinary hospital after signing a 25-year more

04.19.2021

Logistics developer Element Group, founded by Ionut Dumitrescu, announced Monday it has acquired a 2.7-hectare land near Pitesti, in close proximity to the A1 highway. more

04.19.2021

BRK Financial Group (BRK.RO), the only brokerage company listed on the Bucharest Stock Exchange, reported a consolidated net profit of RON10.7 million for the first quarter of 2021, compared with a more