9 ian 2025

At the end of 2024, a car parts and accessories factory in Sibiu laid off 181 employees, according to data from the Territorial Labor Inspectorate (ITM) Sibiu, which did not specify the name of the more

28 nov 2024

Electrica, a major player on Romania’s electricity distribution and supply market, is readying to list bonds on the Bucharest Stock Exchange, announced Alexandru Chirita, the company’s CEO. more

25 nov 2024

Agrii Romania, a fertilizer producer and farming input wholesaler owned by Irish group Origin Enterprise, has invested EUR3.5 million from own funds in two repacking lines at its Timisoara plant. more

1 oct 2024

Entrepreneur Vladimir Cohn, known for his businesses in the field of paper production, is building a new plant in Giurgiu, set to manufacture special paper that will replace plastic bags. more

24 sep 2024

Groupe Atlantic’s plant of Aricestii Rahtivani, Prahova county, currently has 29 employees and after production starts around 250 jobs will be created. more

25 iul 2024

Automotive seating systems producer Martur Automotive Seating and Interiors, controlled by Turkey’s Martur, which built a plant from scratch in Oarja, Arges county, reached RON1 billion turnover more

24 iul 2024

Ebm-papst Automotive & Drives Romania, present locally since 2017, with a plant in Oradea, part of German group Ebm-papst, a world leader in the production of electrical engines and ventilators, in more

9 iul 2024

ING Hubs Romania, a global technology hub that provides more than 150 software development, data management, non-financial risk and audit services, posted RON694.1 million revenue in 2023, an increase more

23 apr 2024

Private equity company ROCA Investments announces a current valuation before dividend distribution of EUR81.64 million for 2023, up from the EUR78.1 million a year ago. ROCA Investments’ equity more

17 apr 2024

Europe will resume magnesium mining for the first time in more than a decade, while the UE is trying to curb its dependence on imports of Chinese critical raw materials imports. Romania, an EU member, more

11 apr 2024

Freshful, eMAG’s online hypermarket, ended 2023 with turnover worth almost EUR100 million, according to Andrei Popescu, general manager of Freshful by eMAG, and for 2024 aims to boost turnover by at more

20 feb 2024

Matei Lucescu, the entrepreneur behind Grivita beer brand, wants to strengthen investment in the production unit opened last year in Popesti-Leordeni, boost the team from 20 to 30 people. more

10 ian 2024

2023 ended with 1.1 million deals on the automotive market and notable increases on the segment of new and used passenger cars traded domestically. The result is 3% higher than in 2022, in line with more

14 dec 2023

Bear King, the restaurant specializing in wurstgers Vlad Mihail and Darius Lumperdean opened in Targu-Mures in 2019, will end this year with RON1 million turnover, with 2023 being the best year in the more

28 nov 2023

HILS Development, the real estate development company of Ionut Negoita, brother of Bucharest’s Sector 3 mayor, has started an urban regeneration project in the Republica area of the city, on the more

1 nov 2023

Revolut, the fintech that operates on the basis of a license granted by the bank of Lithuania and is pending certification by Romania’s central bank, plans to reach 240 employees in Romania this more

29 sep 2023

German group Stada, which is building in Turda, Cluj county, a drug plant set to produce 130 million drug boxes annually, is likely to open the new production unit next May. more

14 sep 2023

Nokian Tyres, a major player on the global tire market, operated a RON82 million capital increase this July, a sum added to the capital of Nokian Tyres Europe Operations SRL, in line with Trade more

13 sep 2023

Nespresso, part of Swiss giant Nestle, will in 2023 reach a ten-store network in Romania, said Ana-Maria Doxan, business executive officer at Nespresso Romania. more

31 iul 2023

InterRo Property Development, a company owned by the Topolinski family of Canadian investors, is developing the Pajurei 3 Resident project, a 163-apartment compound set to be finalized in 2025 at the more

27 iul 2023

Matei Lucescu, who in 2019 brought back to life Grivita craft beer brand, one of the most loved beers of the ‘90s, has this week opened the second production unit, in the wake of EUR6 million more

27 iun 2023

German-held fashion and home products discount retailer Kik, which entered the Romanian market almost five years ago, posted more than RON250 million sales in 2022, up 36% from 2021, Finance Ministry more

14 iun 2023

Sennheiser International Manufacturing GMBH, the Romanian branch of German headphones and audio systems manufacturer Sennheiser, posted RON322.6 million revenue in 2022, almost RON1 million more than more

13 iun 2023

Sofiaman, a Targu-Neam-based company set up more than 25 years ago, specializing in the production and sale of pajamas, has now reached 19 stores countrywide and in 2022 generated turnover worth more

2 iun 2023

Store network Annabella, founded by entrepreneurs Dorina and Dan Mutu almost three decades ago, has opened its first retail park in Horezu, Valcea county, thus reaching the mark of 100 stores more