2 oct 2014

Romania’s largest furniture manufacturer, Baia Mare-based Aramis Invest, has expanded into furniture retail by opening a store in the Gold Plaza mall in the city. A second store is due for opening more

26 sep 2014

Drug manufacturer Sandoz, part of the Novartis group, will invest EUR13 million in doubling the capacity of its plant in Targu Mures by the end of 2015. more

23 sep 2014

Italian winemaker Marchesi Antinori has completed a EUR5 million investment in Dealu Mare, one of Romania’s main vineyard areas, and expects 400,000 bottles of wine to be churned out in the recently more

22 sep 2014

Dental services are a business of more than EUR100 million a year, but also a heavily fragmented market where the largest company is heading towards EUR4 million revenue, ZF has found from Trade more

22 sep 2014

Romania’s exports of wood and wood products except furniture doubled in 2008-2013 to EUR1.9 billion, so they were five time higher than imports, Business Construct magazine has found by looking at more

19 sep 2014

Health insurance, which has lagged behind on the private healthcare market, had a strong start to the year in 2014, as companies with over 54,000 employees signed contracts with insurance companies. more

17 sep 2014

Alexandru Rizea, owner of furniture producer Lemet Campina, which operates Lem's stores, says he is now focusing on investments in a new hall, where the company is looking to expand its product range, more

11 sep 2014

Small furniture producers present at the International Furniture Fair held at Romexpo exhibition center in Bucharest say 2014 has been a challenging year so far, but that there are positive signs for more

10 sep 2014

Five furniture producers with overall revenue of above EUR300 million and 6,500 employees are headquartered in Romania’s Maramures county. more

9 sep 2014

Romanian businessman Mihai Miron, known through the companies he developed in the pharmaceutical industry, Europharm and Ropharma, has a new bet this year, a production lab in Chisinau (the Republic more

8 sep 2014

The 20 largest pharmacy networks in Romania in 2013 generated overall revenue worth above EUR1 billion, up 10% against 2012, amid the rising number of units. more

4 sep 2014

The 1,600 drug wholesalers registered in Romania generated overall revenue of 23.4 billion lei (EUR5.3 billion) last year, up 60% against 2008, the best year for the Romanian economy. more

1 sep 2014

Marius Chereches, former manager of companies such as Ozone or PharmaFarm, has in the past four years developed Ecofarmacia pharmacy network, which has reached 26 units in Ardeal area of Romania. more

1 sep 2014

Beer sales fell by 8% to 7.8 million hectoliters (785 million liters) in the first six months of this year, taking further last year’s downward trend, in an industry that depends on football more

29 aug 2014

Romania’s M&A market is likely to overshoot the EUR2.5 billion mark in 2014, a level it has not reached in the past six years, should two major deals be clinched by the end of December. more

28 aug 2014

Furniture maker Taparo, which has been in business for merely nine years, is the fifth largest Romanian-held exporter and also the third most important furniture manufacturer of the country. more

28 aug 2014

The Dragasani vineyard, one of the best-known in Romania, comprising 1,000 hectares of vine, was almost entirely hurt by the powerful hailstorms of mid-July. Thus, this year’s production is largely more

27 aug 2014

Dan Sucu, the owner of group Mobexpert, says the expansion of Mobexpert Outlet store of Pipera will be completed in September, following investments of several hundred thousand euros. more

27 aug 2014

Crama Liliac, a EUR5.5 million investment carried out by Austrian businessman Alfred Beck in Romania, is in its fourth year of premium wine production. Sales are estimated at approximately 120,000 more

25 aug 2014

Logging and wood processing, one of the biggest sectors of Romania’s economy, generate EUR4 billion revenue a year for the more than 11,000 companies in this business. more

25 aug 2014

Private medical service provider Regina Maria reached 255,000 subscribers by the end of July, more than the 250,000 targeted for the entire 2014, says chief executive Fady Chreih. more

19 aug 2014

Farmacia Tei, a company that posted almost EUR14 million sales with only one retail pharmacy last year, is considering expansion by opening a new such store in Bucharest’s district one or three, more

13 aug 2014

Romania is a rather empty market for the Steinhoff group, owner of the kika furniture retailer, which operates a furniture and home decor store in the western part of Bucharest. One store is, more

12 aug 2014

Romanian executive Vladimir Vava was appointed vice-president of sales of Baltika Breweries this year, the largest brewer in Russia, whose annual sales stand at more than EUR1.5 billion or 30 million more

11 aug 2014

Sales of pharmaceutical drugs returned to growth in the second quarter of the year, reaching 3 billion lei (almost EUR680 million), according to market research company Cegedim Romania. more