4 iun 2018

Star Assembly, based in Sebes (central Romania), which manufactures the 9G-Tronic automated transmissions used in Mercedes-Benz cars, posted 7.3 billion lei (EUR1.6 billion) revenue in 2017, almost more

31 mai 2018

The EUR110 million investment of the Bosch group in building a washing machine plant in Simeria, Hunedoara County, is just the beginning of a greater plan and the German group is already considering more

30 mai 2018

Dolo Trans Olimp, the trucking company of businessman Cristian Dolofan, plans to boost its fleet to 400 trucks this year, following the purchase of 80 new vehicles. more

28 mai 2018

Porsche Romania, the largest auto importer in the country, posted EUR637 million revenue in 2017, up 15% on the previous year. Profit was flat at EUR23.6 million. more

22 mai 2018

Piraeus Bank is about the sell the Landmark office buildings in Piata Romana area to real estate asset manager Revetas Capital, ZF has learnt. more

21 mai 2018

Globalworth Real Estate Investments, the largest owner of office space in Romania, plans to invest EUR150 million on the local market and is considering buying new office buildings, constructing two more

14 mai 2018

Do-it-yourself retailer Dedeman posted 6.33 billion lei (EUR1.39 billion) revenue last year, up 20% on 2016, a growth rate almost three times higher than its owners estimated at the beginning of the more

7 mai 2018

Tire manufacturer Michelin expects sales of tires to continue to grow this year, as well, at a rate of at least 5%. As Romanians buy newer cars, tire makers will be delivering bigger tires, following more

3 mai 2018

Old three-room apartments in Bucharest saw a EUR950 or 1.1% increase in average price in April compared with March. more

2 mai 2018

Romania’s car production stood at almost 122,000 units in the first quarter, data from the country’s association of carmakers ACAROM and the Automotive Manufacturers and Importers Association more

1 mai 2018

Sales of heavy trucks of over 16 tons fell by 25% to almost 6,500 units last year, Automotive Manufacturers and Importers Association (APIA) data show, and the pace slowed down in the first quarter, more

30 apr 2018

Romania still needs to work on predictability, infrastructure and education if it wants to attract new investors, said Yves Caracatzanis, managing director and chairman of the board of Automobile more

27 apr 2018

Super sports car manufacturer Lamborghini, part of the Volkswagen Group, expects to triple sales of cars in Eastern Europe, including Romania, following the launch of the Urus SUV. more

25 apr 2018

Sales of new vehicles saw growth of 20% to 36,000 units in the first quarter, the highest level in a decade. more

20 apr 2018

Renault Technologie Roumanie has a new general manager as of this month, Alexander Simionescu, who replaces Pascal Candau who held the position for three years and will move to a different position in more

17 apr 2018

The new Ford Ecosport model took production of the plant in Craiova close to one-billion-euro mark in the first quarter of the year, when more than 36,300 SUVs were assembled. more

13 apr 2018

Vel Pitar, the leader of the local bakery market and real estate company Romarta, both of which held by investment fund Broadhurst investments, plan to develop a mixed-use real estate project on the more

12 apr 2018

CTP, the largest developer and manager of premium industrial and logistics parks in Romania and Central and Eastern Europe, is developing a 20,000 square meter warehouse for home appliances more

11 apr 2018

Bucking the trend to sell the business to a foreign company or private equity firm, entrepreneur Horatiu Tepes, who owns metallic roofing manufacturer Bilka Steel in Brasov, says his target is to more

4 apr 2018

The rising demand for homes in Bucharest along with the fierce competition on the office space market in the west of the city has made Gran Via drop plans to construct an office building in the Gran more

21 mar 2018

Businessman Dragos Bilteanu plans to begin development of the West Garden residential project through his H4L Development company this year. The project will be located on the Iuliu Maniu Boulevard in more

19 mar 2018

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19 mar 2018

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8 mar 2018

The most important deals on the real estate market in Romania were closed in 2006-2007, 2016 and 2017, setting records on the retail, office and industrial space and hotel segments. more

6 mar 2018

The higher supply after winter holidays, the rise in ROBOR to more than 2% and the depreciation of the leu against to the euro are the reasons that halted the increase in old three-room apartment more