22 aug 2012

Romanian lingerie and swimwear manufacturer Jolidon expects to return to profit this year after three years of losses and see its sales go up by 15% on 2011. Sales stood at 90 million lei (EUR20 more

6 aug 2012

EnergoBit, one of the leading players on the market of energy equipment, controlled by three Romanians, will invest EUR40 million in the development of a 27-MW wind farm in Tulcea (SE Romania). more

19 iul 2012

Austrian millionaire Gerald Schweighofer, who owns an over EUR400 million wood processing business on the Romanian market, currently has 2,300 employees in this country. The company has recruited 200 more

10 iul 2012

Kastamonu Romania (the former Prolemn) in Reghin (central Romania), controlled by Kastamonu Entegre, one of the leading wood processing companies in Turkey, will complete a EUR150 million investment more

28 mai 2012

Holcim Romania, one of the largest cement producers on the local market, estimates the cement market will increase by 2% to 3%, with company officials still relying on infrastructure projects, at a more

7 mai 2012

Sortilemn Gherla, one of the biggest Romanian suppliers of Swedish-held IKEA, has started a EUR9 million project to build a coat hanger plant on a 10,000 square meter plot of land. more

13 apr 2012

Some of the largest producers of components present on the Romanian market – Continental, Autoliv, Yazaki and Schaeffler Romania – have announced new programs of boosting employee numbers in 2012, more

15 mar 2012

EnergoBit, one of the leading companies on the Romanian energy equipment market, received offers from private investors willing to get a stake in it and provide financial backing to its projects. more

9 mar 2012

German-held manufacturer Schaeffler Romania, which owns a ball bearing plant in Brasov, has budgeted production growth of about 9% for 2012, which should take its turnover towards EUR370 million, more

27 feb 2012

They started to arrive in Romania in mid 2000s, drawn by Dacia, the cheap skilled labor and the advantage of export to Western markets. They built plants from the ground up and created an industry more

23 feb 2012

EVW Holding based in Cluj (NW Romania), the importer of the DAF trucks in Romania, controlled by two entrepreneurs and Dutch EVW group posted 293 million lei (EUR67 million) sales in 2011, up 18% on more

21 feb 2012

Rondocarton, which owns corrugated cardboard plants near Romanian cities Cluj and Targoviste could become one of the suppliers of Italy’s De'Longhi SpA, which has recently announced an investment in more

15 feb 2012

German manufacturer Schaeffler Romania, which owns a ball bearing plant in Brasov, last year posted turnover of around 1.45 billion lei (EUR330 million), 12% higher than in 2010. more

2 feb 2012

Swedish automotive component maker Autoliv, which owns three plants in Romania employing 3,500 people, has bought the buildings formerly occupied by a trouser factory in Sfantu Gheorghe, Covasna more

1 feb 2012

Genpact Romania, which provides Business Process Outsourcing (BPO) services continues expansion and looks to hire 400 people this year at service centers in Bucharest and Cluj. more

18 ian 2012

US Emerson group, a $21 billion global business, hired about 400 persons for its plants in the Tetarom II industrial park in Cluj-Napoca last year. It plans to continue employments in 2012 as well, so more

11 ian 2012

Macromex, the largest Romanian distributor of frozen products, is pushing with its expansion plans in Europe, and the foreign markets should contribute 30% of the 2012 turnover, according to Dan more

19 dec 2011

Textile industry manufacturer Jolidon, controlled by businessman Gabriel Carlig, one of the biggest entrepreneurs in Cluj, saw its exports grow 40% this year, although the company closed down all its more

16 dec 2011

Romanian IKEA supplier Sortilemn said it will conclude this year with a turnover of EUR30 million, up 36% from EUR22 million in 2010. more

16 dec 2011

Romanian construction firm CON-A, owned by businessman Mircea Bulboaca, expects sales to reach EUR55 million by the end of 2011, up 19% on the year. more

25 nov 2011

Romanian IT services and consultancy provider Pentalog estimates a 25% increase in sales to around EUR25.5 million in 2012, from around EUR20.5 million predicted for this year. more

16 nov 2011

Car components manufacturer Star Transmission Cugir (STC), 78% held by German group Daimler AG, expects a turnover of around EUR32 million this year, up 60% against 2010, which will come in part from more

25 oct 2011

Three Cluj county entrepreneurs, who own Ruttrans, a company with a turnover of just EUR500,000 in 2010, collected EUR1 million from the sale of a 5,000 square-meter plot to German discount chain more

14 oct 2011

Pentalog, one of the largest providers of software development and consultancy services in Romania, set out to reach 850 employees in 2012, having recruited about 150 since the beginning of the year. more

12 oct 2011

German auto components supplier Continental Automotive Systems is investing EUR35 billion to boost the production capacity of its Sibiu plant. The project, to be finalized in 2012, will expand the more