19 iul 2021

The total value of transactions with commercial real estate assets in Romania, which include office, retail, industrial and logistics space, as well as hotels, reached EUR298 million in the first more

19 iul 2021

Optical Investment Group (OIG), held by private equity firm Innova, expects more than RON135 million revenue by yearend, an increase of 30% on 2020, when it stood at RON105 million. more

9 feb 2021

Elefant.ro, one of the largest online retailers in Romania, posted 30% higher sales of books last year compared with 2019, even though the overall market witnessed a slight decline. more

4 feb 2021

Technical textile manufacturer Techtex seeks to develop partnerships on the US market, after getting its products approved by the country’s Food and Drug Administration (FDA). more

14 sep 2020

AFI Europe Romania, one of the largest companies on the local real estate market, has rented 55% of the AFI Park Brasov office building, which should be inaugurated this fall. The tenants include more

17 aug 2020

Pharmaceutical company Biofarm Bucuresti (BIO.RO) posted 29.8 million lei net profit in the first half, 6% higher than in the year-ago period, while revenue stood at RON106 million, up from the RON97 more

8 mai 2020

Canned foods manufacturer Prefera Foods, held by entrepreneur Raul Ciurtin, plans to sell its products in an online store, as more and more consumers are looking for other ways to shop. more

8 apr 2020

Computer Generated Solutions (CGS), the local subsidiary of the US-held company by the same name and the main provider of outsourcing services in Romania, seeks to hire 436 people to meet demand. more

18 sep 2019

Private healthcare providers say they watch spending when they invest, which helps them streamline the costs they have. For instance, entrepreneur Mihai Miron invested EUR23 milion in a new location more

17 sep 2019

Implementation of prevention programs so as to lead to an efficient state-of-the-art healthcare system must come from statistical data about the health issues of the patients, which would provide an more

11 iul 2019

Retail chain Profi, held by buyout investor Mid Europa Partners, set out to grow to 2,500 stores by 2023, after having overshot the 1,000 store mark this May. more

28 iun 2019

We need confidence, a stable and predictable fiscal framework, we need the politicians to stop confusing the business sector was the message sent by the representatives of the business sector more

10 mai 2019

Romania is a paradise for retail sector players, as local consumers have a greater appetite for shopping than Czech or Polish ones, for instance, despite earning half as much as the others do. more

10 apr 2019

Law firm Nestor Nestor Diculescu Kingston Petersen (NNDKP) has launched the Center for Excellency in Fiscal Disputes (NNDKP-CELF in Romanian), which will provide integrated services to the company’s more

26 mar 2019

Employers must provide flexible working hours to improve employee productivity and to keep people working from them, ZF HR Trends conference guests said. more

2 nov 2018

Development through franchising is the surefire way to grow a business and entrepreneurs must have the courage to invest in a business that matches their skills. more

26 sep 2018

Patient access to care can be improved by redistribution of the money in the system in line with actual needs, but we must also find solutions to make allocation efficient, said the speakers attending more

16 aug 2018

Blue Air, the largest Romanian-owned airline, expects EUR430 million revenue this year compared with EUR412 million in 2017. Domestic operations should generate 60% of it. more

26 apr 2018

The private sector made the biggest investments in technology last year, and banks, telecom and retail companies conducted some of the most important projects. more

12 apr 2018

The year 2019 could be a turning point on the office space market, with so many office buildings scheduled for delivery it will have to absorb, says Fadi Rida, general manager of building efficiency more

21 feb 2018

The Romanian government could collect EUR2.8 billion royalties over twenty years from the natural gas drilled in the Black Sea and natural gas production is expected to double by 2025, when the more

19 ian 2018

The A&D Pharma group, which comprises the pharmaceutical wholesale market leader Mediplus and Sensiblu and Punkt retail pharmacy chains, will join Czech Republic’s Penta Investment group once one of more

1 dec 2017

Patria Bank (PBK.RO), one of the small banks in Romania, last week announced its chairman of the board Horia Manda would grant it a EUR2 million subordinated-term loan, with a maturity of six years more

20 oct 2017

The franchise market in Romania - more than 400 concepts, is headed towards EUR3 billion revenue by yearend and has the potential to double in the next five years, as the interest of entrepreneurs for more

26 sep 2017

The employers attending KPMG’s human resources conference on Monday said that the new regulations of the Labor Code made it very complicated to keep a record of employment contracts and employee more