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

18 mar 2015

Real estate market players expect 2015 to be the best year after the crisis by the number of new projects, deals, gained investors, funding or rental contracts. Ziarul Financiar has pinpointed ten more

18 mar 2015

Romanian businessman Adrian Porumboiu will delist Comcereal Vaslui (CCEV), the biggest grain producer of the ten traded on RASDAQ market. He would have to pay RON5.7 million to minority stakeholders more

17 mar 2015

Adrian Purcarea, 41, the executive who has run private healthcare operator Medicover in the past almost two years, is set to leave this position in May. He will move to America together with his more

17 mar 2015

Gherla-based Sortilemn furniture maker, a major local supplier of Swedish IKEA, exported furniture worth almost 150 million lei last year, namely 83.5% of total sales. more

17 mar 2015

French cosmetics producer Yves Rocher, which has been operating a retail network and mail order sales system in Romania for more than a decade, wants to reach 50 stores in Romania by 2020, from 34 at more

17 mar 2015

Norway’s sovereign fund, with assets five times bigger than Romania’s GDP, in 2014 doubled its bet on Romania, reaching EUR115 million worth of investments in nine Romanian listed companies. more

16 mar 2015

The six largest players in Romania’s modern retail, with overall revenue of around EUR6 billion in 2014, according to ZF estimates, are present in the ranking of the 500 biggest importers locally, more

16 mar 2015

Insurance brokerages in 2014 brokered premiums worth 4.56 billion lei, up 16.3% from 2013, accounting for over 56% of the total gross premiums underwritten on the insurance market, according to more

16 mar 2015

Bucharest’s northern area, dominated until recently by around 10 luxury restaurants, opens up for mass businesses as well as Beraria H entered Herastrau park last autumn and Pescarus restaurant has more

16 mar 2015

The 16 most traded companies listed on the Bucharest Stock Exchange (BVB), including SIFs, are likely to pay overall dividends with a gross value of above 3 billion lei (EUR675 million) this year, more

16 mar 2015

Italian builder Astaldi, which completed Bucharest’s Basarab passageway and Arena Nationala stadium, in 2014 posted a significant revenue increase in Romania, which contributed to the overall more

13 mar 2015

US group Whirlpool started integrating Italy’s Indesit for which it paid $1 billion last year and Jeff Fettig, the chief executive officer of the newly created giant, states this means rising more

13 mar 2015

At 26, Mihai Calinescu works for BlackRock, the world’s biggest money manager and handles assets worth one billion dollars for which he has to find the most lucrative placement. He would invest at more

13 mar 2015

Claudiu Dorcioman, the Romanian who was appointed last year as head of beverage sales at giant PepsiCo in Romania, says the way the structure of retail has changed in recent years, with major networks more

12 mar 2015

Wargha Enayati, founder of private healthcare provider Regina Maria, a major player on this market, estimates the Romanian healthcare subscription market reached 600,000 units, but its potential is more

12 mar 2015

The major problem of Romania’s paint market is the lack of consumption as the construction field has not managed to completely regain health after the crisis, says Marinica Potop, general manager more