7 sep 2022

Elian Solutions, part of Bittnet group, a provider of ERP business solutions, doubled its revenues in the first half of this year, to RON5.49 million, ending the year half with RON859,000 gross more

31 aug 2022

Autonom Services, a mobility network controlled by brothers Marius and Dan Stefan, ended the first half of this year with RON239 million revenues, up 35%, and net profit of RON17.8 millio, 42% above more

5 aug 2022

Adrian Ariciu, CEO of Metro Cash&Carry Romania, says the company counts on growth in 2022 as its clients’ businesses are rising, its share of the distribution market in is on an upward trend and more

20 iun 2022

Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, inched up, from 6.17% to 6.18% a year, more

11 mar 2022

Passenger car registrations rose by 39.5% in the first two months of 2022 against 2021, according to data from Automotive Manufacturers and Importers Association (APIA). EVs posted an 84.9% increase, more

24 feb 2022

Dairy maker Agroserv Mariuta (MILK.RO) of Dragoesti, Ialomita county, a company that owns dairy brand Laptaria cu Caimac, has completed the construction of its second production unit, equipped with a more

21 feb 2022

2022 started with a positive signal for the hotel sector, with 277 accommodation unit construction sites being already underway by February 14, in line with data provided by IBC Focus, which operates more

21 ian 2022

Oves Enterprise, a Cluj-Napoca-based company specialized in software development, with turnover of around RON14 million at end-2021, announced it is set to open an office in Germany, in Munich, and more

5 ian 2022

China-held Oppo, one of the world’s biggest players on the smartphone market, which officially entered Romania in mid-2020, at the end of 2021 saw its sales triple against the first month of the more

4 ian 2022

Florin Enache, founder of jewelry chain Teilor, which has reached a network of around 60 stores on four markets of Central and Eastern Europe, believes foreign expansion is undoubtedly a winning move. more

4 ian 2022

Mircea Turdean, general manager of Farmec Cluj, the biggest local producer of cosmetics, expects the company’s turnover to return into the black this year after a several percentage drop in 2021 and more

4 ian 2022

Elit, a major producer of cold cuts in Romania, with RON620 million turnover and RON55 million profit in 2020, managed to maintain its profitability level in 2021 as well by boosting sales amid tough more

22 dec 2021

Marius Vacalau, CEO of specialized retail group Lagardere Travel Retail, says he plans moderate network expansion, of 10-15% in 2022, meaning around 30 units, with the pace set to quicken should more

9 dec 2021

Penny continued to open new stores during the pandemic, 20-25 units per annum, but wants to step up and even double up the pace toward 40 units starting 2022. more

25 oct 2021

Bacau-based Barleta plant, producing paper bags and sacks for major supermarket chains, pharmacy networks or bakery makers, forecasts 7% higher turnover this year, to EUR20 million, according to the more

25 oct 2021

Karpaten Turism, one of the biggest players in Romanian tourism field, controlled by Gheorghe Marginean, aims for EUR50 million turnover this year, from the around EUR20 million level reached last more

20 oct 2021

Craiova-based Softronic, Eastern Europe’s only factory producing electric frames and locomotives, delivered four electric locomotives to Sweden’s rail freight carrier Green Cargo and expects more

18 oct 2021

Tei pharmacy chain, one of Romania’s most dynamic businesses, controlled by entrepreneur Roxana Maftei, is readying four new store openings in Bucharest, but is also set to expand to Brasov and more

14 oct 2021

DGH Log & Sped forwarding company, one of the biggest domestically, posted two-digit turnover growth in the first nine months of this year and estimates it will end 2021 with an increase of around more

11 oct 2021

Dumagas, one of the largest freight carriers in Romania, controlled by investment fund Bancroft, estimates it will end 2021 with turnover worth EUR32 million from EUR42 million last year, according to more

6 oct 2021

Cold cuts producer Meda Prod ’98, controlled by entrepreneur Luchi Georgescu, a business worth RON217 million last year, ended the first seven months of 2021 with 7% higher turnover, according to more

4 oct 2021

Bucharest's ophthalmological clinic Infosan, set up in 2002 by two doctors, ended 2020 with turnover worth RON10 million and targets a 10% increase this year amid rising demand for medical services, more

29 sep 2021

This summer was the best for Romanian seaside hotel owners, so that the number of tourists and the level of receipts topped those of 2019, the year with the best results for companies managing seaside more

27 sep 2021

The 20 largest companies on Romania’s private specialized healthcare market reported total turnover of around RON3.3 billion last year, up 16% year-on-year, and had 12,000 employees. The market more

24 sep 2021

Constanta-based agribusiness company Biochem, controlled by Constantin Chimisliu, has budgeted 12-15% higher turnover for 2021 amid rising market demand, according to the company’s officials. more