27 mar 2015

British retailer Debenhams has returned to the Romanian market, under the same, franchise, system, after an almost two-year break, with a store in Vitan Mall. The new franchisee wants the average cash more

27 mar 2015

Preparations for the biggest leu-denominated bond offering on the local capital market have entered the finishing straight: the prospectus is almost ready and subscriptions are likely to start in one more

27 mar 2015

Accor plans to buy several hotels in three key cities in Romania, a country the French see as interesting for investments also owing to the results of Renault’s Mioveni plant, says Laurent Picheral, more

26 mar 2015

Sun Pharma group, founded by Dilip Shanghvi, one of India’s wealthiest businessmen, generates sales of over $100 million in Romania, the second largest market in Europe after Russia. Romania is also more

26 mar 2015

German-held retailer Kaufland, present in Romania for one decade, is set to open a new store in Bucharest, in Ferentari, on the land plot of the former Fapiro plant. more

26 mar 2015

Austrian group S Immo, owner of the Sun Plaza shopping center in southern Bucharest, plans to expand the mall in the space previously occupied by a Mobexpert store that was shut down in the summer of more

26 mar 2015

Mariana Gheorghe, Romania’s most powerful executive, will remain at the helm of Petrom until 2019, after she got another four-year term, the third one after she was appointed in this position in more

25 mar 2015

Immochan, the real estate arm of Auchan group, will open shopping center Coresi on Brasov’s Tractorul platform this Friday in the wake of investments worth EUR60 million. Tatian Diaconu, the 37-year more

25 mar 2015

Businessman Florin Pogonaru’s family, which plans to develop a shopping center called Veranda on a 4.5-ha land plot close to Bucharest’s Piata Obor, launched the auction for the selection of a more

25 mar 2015

Romania produces just half a billion lei worth of detergents a year and over 80% of the market is concentrated in the hands of only nine players out of a total of 201 companies. Moreover, the market more

24 mar 2015

Marco Hobl, 39, was appointed this month at the helm of Kaufland Romania, the leading retailer on the Romanian market. more

24 mar 2015

The Romanian book market revolves around EUR100 million and over 20% come from online sales, one of the most dynamic segments of modern retail at present, according to Tudor Benga, chief executive more

24 mar 2015

Casa de Insolventa Transilvania, the judicial administrator of builder Alpine SA, put up for sale assets with a starting price of EUR7 million of the Austrian-held company, which is under insolvency more

24 mar 2015

German giant Deutsche Telekom (DT) is interested in acquiring in Romania the minority stake in former Romtelecom, one of Romania’s biggest hardline telephony, Internet and TV providers. more

23 mar 2015

Romanian state-run airline Tarom ended 2014 with a loss of 119 million lei (EUR27 million), just 8% lower than in 2013, and expects to register a negative result in 2015 as well, at RON8 million, more

23 mar 2015

Dedeman, the biggest Romanian-held do-it-yourself retailer, reported revenue of EUR767 million in 2014, up 26% on the year, and Dragos Paval, the company’s president and majority stakeholder, more

23 mar 2015

Austria’s Strabag, which has become the biggest player on Romania’s construction market, will raise the first two buildings of office project Oregon Park of northern Bucharest, an investment more

23 mar 2015

A “slight deicing” was felt on the local construction market in the first months of this year, says Ioan Titeiu, the Romanian entrepreneur who controls Sfantu-Gheorghe-based building material more

23 mar 2015

BMW is the only German premium carmaker that is not expanding to Eastern Europe for the time being, in the context where Mercedes-Benz has invested EUR1 billion in Hungary (since 2008), Audi has the more

20 mar 2015

Fuchs Condimente Ro, a major player on Romania’s spice market, took over Bucharest-based packaging producer Flexfoil last year, according to Official Gazette data. more

20 mar 2015

Metro Cash&Carry, a business of 31 stores and revenue of around EUR910 million in Romania in 2014, has almost exclusively “made in Romania” products on the shelves of its fresh meat and wine more

20 mar 2015

The Romanian stakeholders of Bucharest’s Ponderas hospital, specialized in weight loss surgery, invested EUR4 million (RON18 million) in relocation to a new space, with a double capacity. more

19 mar 2015

South-African investment fund NEPI, the biggest investor in Romanian real estate, hired Sebastian Mahu, the head of property management department at real estate consultancy DTZ Echinox, to serve as more

19 mar 2015

German-held car part producer Hella, one of Romania’s 100 most valuable companies, is investing around EUR18 million to increase the production capacity of its electronics unit. more

19 mar 2015

The sale of fuels in filling stations is the most important segment by value of the energy sector, but power generation remains the biggest employer in the EUR30 billion industry, as revealed by ZF more