30 iul 2014

Mobexpert group, owned by Romanian businessman Dan Sucu, is tapping the niche of restaurant and hotel furniture through a new unit, Mobexpert Horeca, from which it expects “substantial growth in the more

30 iul 2014

The Danube Delta, one of Romania’s most important touristic areas, attracted 16,400 visitors in the first half of this year, 17.6% more than in the same period of last year, according to data from more

30 iul 2014

In eight of Romania’s 42 counties, less than 100 new cars were registered in the first six months of 2014, according to data provided by the Driver License and Vehicle Registration Department more

30 iul 2014

With three district supermarkets in Bucharest, Issa chain reached revenue worth almost EUR6.5 million last year and around 7,000 clients per day, most of them dwellers of blocks located near the more

30 iul 2014

Companies Confectii Integrate Moldova and Exclusiv Comp through which Romanian fashion designer Irina Schrotter manages her retail business and textile production registered relatively constant more

30 iul 2014

Swedish group H&M, present in Romania with the brand of the same name since the spring of 2011, is also bringing Cos brand locally this autumn, being in talks with shopping centers in northern more

29 iul 2014

The story of Filadelfia group, a business set up in Bistrita-Nasaud county by Ioan Sighiartau, a former employee of Rombat Bistrita, started in 1999, by accident, after a request to operate a trip to more

29 iul 2014

Betty Ice, one of Romania’s biggest ice-cream producers, is testing a home delivery project in Bucharest, in the context in which the company is already present in stores countrywide and has almost more

29 iul 2014

In early 2014, Romania’s energy watchdog ANRE launched several estimates about the capacities set to be installed in green energy projects this year, with the latest one indicating EUR2.4 billion more

29 iul 2014

Fabrica de Lapte Brasov, the producer of Olympus and Oly dairy, expects revenue of EUR70 million this year, after its first-half figures were in line with forecasts, said Ilias Pliatsikas, general more

29 iul 2014

BestJobs and Hipo.ro, two of the largest online recruitment platforms in Romania, posted 25% more jobs on the year in the first six months of 2014, while for eJobs this year’s first half brought no more

28 iul 2014

After having unexpectedly renounced flights from the airports of Constanta (to Pisa and Milan) and Targu Mures (to Brussels), giant low-cost carrier Ryanair is focusing on the Henri Coanda (Otopeni) more

28 iul 2014

Investments in Romania’s arable land plots bring a 13% annual return, the highest among EU’s ten largest agricultural markets, according to a ZF survey. Each hectare of land generated EUR500 in more

28 iul 2014

McDonald’s, leader of Romania’s restaurant market, mulls transferring its around 70-fast-food unit network of Romania to a franchisee. Currently, several interested Romanian and foreign more

25 iul 2014

Group Noriel, which owns a retail network, a game and puzzle plant in Prahova county and a distribution company that supplies toys to hypermarkets, supermarkets and specialized stores countrywide, more

25 iul 2014

Sales of spirits on the Romanian seaside revolve around EUR30 million during the summer season, with preferences and expenses differing on northern beaches from southern ones, reveals a ZF survey more

25 iul 2014

US giant General Electric will operate exports worth $110 million from Romania this year, almost 60% higher than last year’s, with the main growth driver being the takeover of Lufkin group’s oil more

24 iul 2014

Romania’s fashion market is dominated by international brands such as Zara, H&M or C&A, which, with several tens of stores, generate revenue of tens of million euros each. At the opposite end, more

24 iul 2014

La Fantana and Cumpana, the two largest players on Romania’s watercooler market, hold together over 90% of this segment, which secures water through 126,000 units in office spaces or homes, reveals more

24 iul 2014

Aged between 34 and 46, these four Romanians are handling marketing budgets worth tens of million euros of foreign producers in Romania’s beer industry. more

23 iul 2014

Romanian President Traian Basescu is a bourse investor, holding 2,948 Romgaz (SNG.RO) shares worth 105,803 lei (EUR24,000). Another $36,000 were placed by the President in state paper. more

23 iul 2014

The World Bank/IFC, the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) extended loans of around EUR400 million in the first year-half to Romania’s more

23 iul 2014

Standard rates for mortgage loans in lei have become cheaper than foreign currency mortgages, following the interest rate decrease on the Romanian market. more

23 iul 2014

The 20 largest consumer goods producers in Romania posted last an aggregated revenue of 23.8 billion lei (EUR5.4 billion), up by 1.5% against 2012 and 37% higher than in 2008, the last year of solid more

23 iul 2014

“We export nice quantities,” says Octavian Lohan, member of Transelectrica managing board and the one who runs Romania’s Energy Center, the brain of the domestic electricity grid. more