9 feb 2015

The total area of Bucharest’s 50 largest business centers stands at almost 1.5 million square meters, accounting for around 70% of the capital city’s office stock. Foreign groups rule in this more

9 feb 2015

Romania’s power distribution and supply group Electrica (EL.RO) and oil transporter Conpet (COTE.RO) are, separately, interested in acquiring some assets in the Republic of Moldova, market sources more

6 feb 2015

Italian-held farm machinery producer Maschio-Gaspardo Romania, which owns a plant in Chisineu-Cris locality of Arad county, has budgeted investments worth EUR2.5 million this year to expand the more

6 feb 2015

The start of the EUR1 billion investment in a new coal-based station in Rovinari is still being delayed as the project company is not due to be set up earlier than April. According with initial more

6 feb 2015

The field of office furniture has very good prospects this year and in 2016 owing to companies mainly developing outside Bucharest, says Christopher Weller, managing partner of office furniture more

5 feb 2015

NHR Agropartners, a company owned by Austria’s VA Intertrading and the local wholesaler of New Holland equipment, in 2014 sold 450 tractors in Romania, namely a 25% share of the market put at 1,800 more

5 feb 2015

Romania’s cement market, a key indicator of the trend of the construction field, in 2014 rose by 5-6%, reverting to the level of 2012, when total output amounted to 7.6 million tons, according with more

5 feb 2015

Swedish group Skanska, developing Green Court Bucharest business park in northern Bucharest, rented a 920-sqm space in the second building of the project to HR company Adecco and is in advanced talks more

5 feb 2015

Danish-held Lego, which entered directly in Romania in 2011, have become the second most important traditional toy and game brand in Romania by market share, according with information provided by more

5 feb 2015

Neamt-based PVC joinery producer Izotec Group, controlled by Ciprian Chelariu and Sorin Sarbu, in 2014 sent around EUR500,000-600,000 worth of windows and doors abroad, the equivalent of 10% of 2014 more

4 feb 2015

Romanian lawyer Valeriu Stoica, who owns Avincis winemaker together with his wife Cristiana, says he delivered 12,000 bottles of wine to China in 2014, and now his winery has orders from Sweden and more

4 feb 2015

Aridon company of the Republic of Moldova, which owns the franchises of fashion brands Levi’s and Celio* in Romania, plans to expand on the local market and wants to reach 16 stores in three years more

4 feb 2015

Oresa Ventures Romania wants to seal two deals each year and its strategy is to reach 8 companies, the best portfolio size for a market such as the local one, says Cornel Marian, managing director of more

4 feb 2015

Primavera Development, a company controlled by Tanasoiu family and Dutch-born Eelko Kortaweg, will start developing its first housing project this year, in northern Bucharest. It also plans to open more

3 feb 2015

The non-prescription drug (OTC) market rose by over 10% last year, but the average annual growth pace will go down to 4-5% as people’s incomes are not expected to register significant increases, more

3 feb 2015

Can-Pack Romania, the only Bucharest plant manufacturing aluminum cans for beer and soda, ended 2014 with revenue of more than 315 million lei (EUR71 million), after selling 850 million metallic cans. more

3 feb 2015

The cheaper crude oil will lead to better operating figures for Petromidia refinery, Romania’s biggest oil processing unit, says Catalin Dumitru, vice-president of KMG International, the former more

3 feb 2015

UK retailer Debenhams manufactures in Romania 5% of its own brand clothes, with the local industry being its fifth most important supplier globally and the leading one in Europe. more

3 feb 2015

iStyle Romania, one of the biggest Apple resellers locally, registered 12% higher sales last year against 2013, with growth particularly due to the new iPhone generation that posted bumper sales more

3 feb 2015

Romanian natural gas producer Romgaz (SNG.RO) is in talks to take over a 32.5% stake in two offshore fields leased to Canada’s Sterling Resources, whose exploration in the area, carried out since more

2 feb 2015

Electronic Arts (EA) Romania, the local subsidiary of the US video game producer, is currently seeking to hire more than 10 engineers in Bucharest, according with the company’s official website. more

2 feb 2015

Italy’s fashion group Benetton, through local company Benrom, is one step away from exiting the ranking of Romania’s 500 largest exporters though the plants the company owns in Sibiu and Iasi are more

2 feb 2015

2015 is due to be a year of growth as Romania is faring well in macroeconomic terms, so that there are hopes fiscal issues are also to be reviewed in the sense of supporting investments, says Adrian more

2 feb 2015

Private equity funds operating in Romania mull clinching at least one acquisition in 2015 and are eyeing fields such as retail, healthcare, banking or IT and some of them are even considering exits. more

30 ian 2015

Romanian restaurant chain SaladBox of Cluj, set up by several Romanian entrepreneurs two years and a half ago, plans to open five units in Germany, after having recently opened its first restaurant in more