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

23 sep 2021

Bega Turism, the biggest tourism company in Timis county, controlled by Cristescu brothers, plans to invest EUR8 million in a new hotel in Timisoara, according to the company’s officials. more

22 sep 2021

Private Maternity Hospital Euromaterna, the biggest private maternity unit of Dobrogea, hit turnover worth RON36 million last year, 6% higher year-on-year, and went beyond the threshold of 1,500 more

22 sep 2021

Passenger road transportation company CDI Transport Intern si International, controlled by businessman Ion Comusi, in 2020 generated turnover worth RON20 million, half the previous year level, and more

21 sep 2021

Lithuanian-held Apex Alliance group, which owns five hotels in Romania, forecasts an occupancy rate of at least 60% by yearend for Marmorosch hotel of Bucharest’s old town, as the best more

20 sep 2021

Alin Radasanu, chairman of the managing board of Brasov-based Sf. Constantin private hospital told ZF the player targets revenues worth RON110 million in 2021, 25% higher than in 2020. more

20 sep 2021

Ares medical centers, specialized in cardiology, taken over in 2019 by US-held Highlander Partners, aim to reach EUR12 million turnover this year, up 30% from last year, after opening two new centers more

16 sep 2021

Virgil Harabagiu, owner of Perla Bucegi of Sinaia, who also holds 30 hectares of vineyard in Dealu Mare, plans to develop a touristic complex made up of villas, as well as a restaurant on the wine more

14 sep 2021

Bucharest is currently Romania’s most important market for cash & carry, hypermarket or supermarket operators, hosting a quarter of the country’s total number of modern stores, say the more

9 aug 2021

Energy transition will bring an investment wave and solution providers will be best positioned to gain from this huge opportunity. However, worker shortage can turn into a nationwide snag, believes more

4 aug 2021

Companies owning retail parks in Romania saw their turnover slide by just 9.5% in 2020, compared with a 20.6% decline for shopping malls, per a report by real estate consulting firm Cushman & more

4 aug 2021

Iasi, Brasov and Constanta are among Romania’s top economically developed cities where rental prices have gone up in the past year, while in Bucharest, Cluj-Napoca and Timisoara rental prices took more

4 aug 2021

Carrefour reshuffled its Romanian network in the first half of 2021 and has only 353 stores left, 16 fewer than at the end of 2020. However, its hypermarket format is the only one left with more more

4 aug 2021

Low employee turnover and long-term employee retention are two of the advantages quoted by Miguel Angel Escobar Conde, senior vice president of European Finance for American Pan, which owns a baking more

3 aug 2021

Established companies on the construction market, such as Concelex, Bog’Art or PORR, but also newer companies in the field, are reshuffling their strategies and betting more on public sector more

3 aug 2021

Delivery platforms have in recent years permanently and definitively changed the way the domestic food retail works, and the plans of companies such as Foodpanda or Glovo do not stop here. more

24 apr 2015

Norada facility of Odorheiu Secuiesc, Harghita county, part of the group of textile companies controlled by Joseph Seroussi, in 2014 operated with a 16% profit margin, recent years’ highest. more