18 iul 2014

Romania has just 102 toy producers left, with overall revenue of RON134 million (EUR30 million), with the 20 largest of them contributing over 90% of total revenue, according to Trade Registry (RECOM) more

18 iul 2014

In 2008, the group built in Bihor by brothers Ioan and Viorel Micula generated almost one billion euros in revenue. In 2013, two of the largest companies part of the entrepreneurs’ food empire, more

18 iul 2014

Bali island is barely visible on the world’s map. But it is inhabited by 3.9 million people and in the touristic season another 3 million people from all around the world come to relax on the former more

18 iul 2014

Heidi Chocolat, Romania’s biggest chocolate exporter, will focus on boosting exports in the coming period, a segment that now brings 50% of the company’s EUR17 million revenue, says Franco del more

18 iul 2014

Spanish-held developer Gran Via started works for another two apartment blocks in western Bucharest after completing works on a first building several months ago, as it secured financing from Garanti more

18 iul 2014

The Sun Plaza mall of Bucharest’s Berceni district posted revenue of EUR15.9 million last year, up 2.5% compared with 2012, cementing its third position in Bucharest malls’ ranking. more

18 iul 2014

Romania’s 20 largest pawn shop networks, included in the category of non-banking financial institutions supervised by the central bank, reported revenue worth 370 million lei (EUR84 million) and more

17 iul 2014

Romania’s clunkers scheme must be modified starting next year so that it may primarily sustain cars with low pollution levels and only then focus on driving used cars out of the market, the head of more

17 iul 2014

Vector Watch, a start-up set up in 2013 by Andrei Pitis, president of the Software Industry Association (ANIS), which plans to launch a smartwatch entirely conceived in Romania globally by yearend, more

17 iul 2014

Romanian entrepreneur Sorin Minea and Switzerland’s Angst family are in talks with several retail networks including Mega Image for the sale of Angst stores or the sealing of a partnership for a more

17 iul 2014

Pfizer will continue to invest in the medium-sized production facility it owns in Cluj, northwestern Romania, according to Nolan Townsend, the American who arrived in Romania in May to take over the more

16 iul 2014

Romania’s mobile telephony market is in a much better condition than 3-4 years ago, as retail clients consumed more and the economy’s revival can be felt in the industry, Jean Francois Fallacher, more

16 iul 2014

At the exit way from Brasov to Sighisoara, in Halchiu, a “trio” of giants that built plants from scratch arises. This includes Greek-held Olympus, which produces cheese, yoghurts or milk under more

16 iul 2014

Building material producer AdePlast, controlled by businessman Marcel Barbut, renounced the EUR7.3 million state aid it got last year for the construction of a stone wool plant, an investment that more

16 iul 2014

Complexul Energetic Oltenia reported revenue of around 1.25 billion lei (EUR284 million) and net profit worth RON15 million for the first half of this year. One of 1H’s novelties was the setting up more

16 iul 2014

Shopping center owners find it hard to fill 130 stores as the number of retailers boasting nationwide coverage is small and a large part of them are not expanding at the moment, says Tatian Diaconu, more

15 iul 2014

Romanian medicine plant Europharm, owned by GlaxoSmithKline (GSK) which plans to close it by the end of next year, generated overall revenue worth EUR576 million and net profit of EUR28 million in the more

15 iul 2014

Small and medium-sized enterprises (SMEs), the sector that is supposed to fuel the economic growth, are a priority only in politicians’ statements. In figures, Romania ranks 26th in the EU by the more

15 iul 2014

At the end of April, banks in Romania had medium and long-term deposits set up by non-residents, particularly forms of support from parent banks, worth EUR6.54 billion, which was about EUR90 million more

15 iul 2014

The decision of Italy’s Enel to sell its Romanian energy distribution and supply operations is likely to strengthen the position the Romanian state has in this field should Electrica be interested more

15 iul 2014

US hedge fund Elliott, run by Paul Singer, called the Wall Street vulture, has gained 1.2 billion lei (EUR270 million) on Proprietatea Fund stock in the past four years. more

15 iul 2014

Belgium's group Atenor, which completed its first project in Romania this spring, an office building in Hermes Business Campus of Pipera, is to start this autumn works for the second building of the more

15 iul 2014

The 50 largest non-banking financial institutions (NBFI), largely consumer lending companies, in 2013 reported overall profit worth 144 million lei (EUR33 million) amid revenue of RON2.9 billion more

15 iul 2014

Bucharest no longer has any plant employing at least 1,000 people, according to a ZF survey based on Trade Registry data regarding the 500 largest employers headquartered in Romania’s capital city. more

14 iul 2014

France is the fourth largest investor in Romania, with EUR5.2 billion worth of investments. It is also Romania’s fourth largest trade partner, with commercial exchanges going constantly up and more