21 nov 2014

The detergent plant in Timisoara, western Romania, started manufacturing Alba laundry detergent, a Romanian brand, in 1958. Three decades later, along with the local economy, it entered the more

21 nov 2014

Car part maker Preh Romania, a supplier of Porsche, Daimler, Audi or BMW, plans to recruit 100 people for its plant of Ghimbav, Brasov county. The company now has around 800 employees after recruiting more

21 nov 2014

The number of companies in Romania rose by 13,500 in 2013 from 2012, to around 460,000, while private sector headcount shows 19,000 new jobs were created, according to the latest data published by the more

21 nov 2014

Romanian aircraft construction and repair firm Aerostar Bacau (ARS.RO) takes into account a 33% increase in net profit next year, to 20 million lei, after the solid figures it posted in the first nine more

20 nov 2014

While in 2000, Romania’s 16 operational airports saw 2.3 million passengers take off or land, in 2010 traffic was over four times bigger and in 2013 it had registered a fivefold increase, reveals a more

20 nov 2014

Local footwear store network Il Passo plans to expand abroad after having reached 15 units locally and also open a production unit, Petru Chiriac, the company’s owner told ZF Live. more

20 nov 2014

Romanian ball bearing maker Rulmenti Barlad, controlled by Turkish conglomerate Kombassan, intends to stop the sales decline it’s witnessed since 2011 and revert to growth. The company targets a more

20 nov 2014

Mars Romania, a major player on the local sweets market, ended the first half of this year with profit worth some 9 million lei (EUR2 million), down by 14% in lei from the similar period of 2013, more

20 nov 2014

Boromir Prod Buzau (SPCU.RO), controlled by Romanian businessman Constantin Boromiz, reported revenue worth 20.3 million lei in the third quarter, almost 7% below the level of the year-earlier period. more

19 nov 2014

The total revenue of six of the biggest players on the Romanian DIY market--Dedeman, Ambient, Bricostore, Praktiker, Hornbach and Leroy Merlin--rose by 11.8% in the first half of this year, to 2.38 more

19 nov 2014

Vitalis Consulting, founded and run since 2006 by construction engineer Florin Popa, has sealed its first contract abroad and has been involved since this summer in the construction of two hotels with more

19 nov 2014

Tip Top confectionery shop chain, with a two-decade history, will reach 35 units by the end of 2015, from 22 at present and the company plans to increase the number to 55 in the next five years. At more

19 nov 2014

Romania comes tenth in Europe by furniture exports, a ranking dominated by Germany, Italy and Poland, which cumulate half of exports, reads Business Construct magazine. more

19 nov 2014

Out of the 20 major activity fields in Romania, electricity is the field that witnessed the biggest increase in the number of companies during the 2008-2013 period, according to Trade Registry more

18 nov 2014

Daily, between 3,000 and 4,000 orders for pizza are placed in Bucharest, from home or from restaurants, each including three pieces on average, according to market information. The top players, more

18 nov 2014

Owners of cards issued by local banks operated payments at local and foreign retailers worth 22 billion lei (EUR5 billion) in the first nine months of this year, 16% above the level of the more

14 nov 2014

EDP Renovaveis (EDPR), the renewable power unit of energy group Energias de Portugal, the third most powerful investor in Romanian green energy, in October operated three capital subscriptions in two more

14 nov 2014

The load factor of Tarom aircraft reached 68%, up 3% from the previous year and the Romanian state-run airline will register 2.23 million passengers by yearend, said Cristian Heinzmann, the Belgian more

14 nov 2014

German-held cosmetics and fast-moving consumer goods retailer dm drogerie markt opened ten stores in financial year 2013-2014, which ended in September, and continues expansion at the same pace this more

14 nov 2014

Door and window manufacturer Pinum Doors & Windows, part of Italy’s group Nusco, will open a PVC joinery plant in Pipera next January, in the wake of EUR1 million investments. more

14 nov 2014

The Baia Mare plant of Italy’s biggest furniture group Natuzzi is the largest of the group and has come to operate at full capacity, according to Pasquale Junior Natuzzi, the third son of Pasquale more

14 nov 2014

Passenger car registrations reached almost 7,400 units in October, up 31% from the year-earlier period, the second biggest increase and the second highest volume in the second half of this year, after more

13 nov 2014

Bulrom Gas Impex of Bucharest, a major player on the liquefied petroleum gas market, wants to open five stations next year also selling gasoline and diesel oil. more

13 nov 2014

Fertilizer, pesticide and seed wholesaler Biochem, held by Chimisliu family of Constanta, registered Biochem Creditare IFN, an entity that will turn into the company’s lending unit and release EUR50 more

13 nov 2014

Office furniture sales are likely to rise by 5% in 2015, after the first signs of a pickup this year following a decline that started five years ago. more