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

24 apr 2015

Cluj-based Terapia, the largest local drug producer, posted net profit worth 86 million lei (EUR19 million) last year, down 21% against 2013. This is the first decline the drug maker has witnessed in more

23 apr 2015

Lukoil Energy&Gas Romania, controlled by Russia’s oil group Lukoil, cashed in the first million euros from solar energy after the company in mid-2014 completed investments in a 9-MW photovoltaic more

23 apr 2015

Romania’s 25 biggest private hospitals operated investments worth above EUR300 million, according to ZF calculations. Most projects were carried out by Romanian entrepreneurs, who set up units worth more

23 apr 2015

Bucharest has the smallest office space stock among the major capital cities of Central and Eastern Europe, of just 2.2 million square meters, half the level of Warsaw, according to a survey by real more

23 apr 2015

Wine market supply has surged in the past seven years, but demand has stalled or inched up, in the context where significant investments in new wineries have been finalized, says Gabriel Roceanu, more

23 apr 2015

The top ten players on Romania’s leasing market, most of them owned by banking groups, in 2014 held an overall market share of 83%, compared with 55% eight years ago, according to data provided by more

23 apr 2015

Romania’s construction field had an earlier start this year owing to the warm weather and cheaper fuel, thus driving the sales of building material producer Prefab Bucuresti (PREH.RO) up by around more

22 apr 2015

The Romanian dairy market will not see major acquisitions considering major players have sufficiently big production capacities to grow on their own, said Jan Willem Kivits, who has run for the three more

22 apr 2015

There is still room for another 5-8 La Mama restaurants in Bucharest, states Catalin Mahu, owner of La Mama restaurant chain and a major entrepreneur in the industry. At present, the network includes more