1 sep 2016

Portuguese-owned Sonae Sierra expects at least ten million visitors for the new Park Lake mall in Bucharest’s Titan district (east of the city) in its first year in business, after opening on more

26 aug 2016

Cristina Balan left Romania fourteen years ago and was part of the engineering teams that designed two of the most famous US products in the world – Tesla Model S and Boeing 787 Dreamliner. more

24 aug 2016

In the absence of new models, Romania’s car production dropped 8.2% in the January-July, while exports shrank by 8.4%. These are the most serious declines in a decade and could cause the loss of more

23 aug 2016

Alin Tapalaga, the Romanian executive who had run Porsche Colombia, the importer of the VW group brands in the South American country, for five years, last month was put in charge of starting Porsche more

18 aug 2016

The AFI group of Israeli businessman Lev Leviev on June 10 signed a letter of intent to sell the AFI Park 1, 2 and 3 office buildings with an option for the new owner to buy AFI Park 4 & 5 later. more

16 aug 2016

The ten largest road carriers in Romania, which own thousands of trucks together, posted 2.92 billion lei (EUR655 million) revenue in 2015, an increase of 14% on 2014, according to Finance Ministry more

12 aug 2016

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10 aug 2016

Romania’s largest do-it-yourself retailer Dedeman will buy an almost 2.5 hectare plot from brick maker Cemacon for about EUR2 million, a report of the latter to the Stock Exchange reads. more

8 iul 2016

Do-it-yourself retailer Praktiker Romania owner Omer Susli says the wave of Romanians that left in search of work abroad has made a severe impact on retail, leaving some cities without retail more

17 iun 2016

Tiriac Auto, the car retail division of the Tiriac Holdings, becomes the first car dealer on the local market with more than 1 billion lei (EUR221 million) sales registered by a single legal entity. more

16 iun 2016

One United Properties, a company of Andrei Diaconescu and Victor Capitanu, two of the founders of boutique investment bank Capital Partners (now BT Capital Partners) bought an 8,200 square meter plot more

15 iun 2016

New car registrations rose by 7% in May to 6,345 units compared with the year-ago month, which makes it the best May in four years. Only May 2011 saw a higher number of registrations, almost 8,500. more

13 iun 2016

Construction of new office space projects in the south of Bucharest will help reduce traffic in the north of the city and make things better for employees who will be able to spend more time with more

9 iun 2016

The office space market in Romania remains polarized between major development centers like Bucharest, Cluj, Timisoara and Constanta and less developed cities, with low builder interest. more

8 iun 2016

Romania can have entrepreneurial companies with more than EUR1 billion revenue, but they need exports to get there, said executives from Dacia, Continental, Altex, Terapia Cluj, CrisTim, the chairman more

6 iun 2016

Do-it-yourself retailer Dedeman held by local entrepreneurs Dragos and Adrian Paval budgeted 4.53 billion lei (EUR1.01 billion) revenue for this year, and will thus become the first Romanian-owned more

30 mai 2016

The rising demand for farm equipment in Romania and in Europe is what Craiova businessman Catalin Stroe who owns farm equipment manufacturer Ruris is betting on in order to develop. more

24 mai 2016

Groupe Renault Romania, which has the entire range of operations from car design to car, engine and component manufacturing, sales and logistics on the local market, is looking for a new place to more

19 mai 2016

Porsche Romania, the largest local auto importer, posted EUR453 million revenue last year, an increase of 14% on 2014. This makes 2015 its best year after 2009, when revenue stood at EUR382 million. more

19 mai 2016

Infrastructure and highways are a solution for Romania to attract large investments in the auto industry only if the major companies can find the necessary skilled labor here. more

12 mai 2016

Automotive safety systems manufacturer Autoliv Romania, the local subsidiary of the Swedish Autoliv group, posted growth of 25% in revenue to more than 3 billion lei (EUR668 million) last year, more

11 mai 2016

Romanian billionaire Ion Tiriac, owner of the Madrid Open tennis tournament, has relocated the used car sales division Tiriac Auto Rulate from the former site of Metro Otopeni to begin investment in a more

5 mai 2016

Daimler chose Poland over Romania for a new engine plant, a EUR500 million investment set to create 1,500 jobs. The announcement comes one week after the German group said it would make a EUR600 more

3 mai 2016

Daimler has Jawor, Poland and Sebes, Romania to choose from for a EUR800 million investment in a new engine plant set to create 1,500 jobs. While Daimler already has a transmission plant in Romania, more

27 apr 2016

Toyota Romania, the importer of the Japanese carmaker in Romania, has appointed Edit Corcoman-Tarcolea general manager. more