26 iun 2015

The ten largest furniture manufacturers in Romania had about 12,200 employees last year, an increase of 63% on 2009, the first year of crisis, according to ZF’s calculations based on the Finance more

23 iun 2015

The deal whereby private equity firm Abris Capital Partners bought into tissue paper manufacturer MG-Tec of businessman Ioan Tecar took very little time to complete, only four months, says Cezar more

19 iun 2015

Mediplus, Farmexpert, Farmexim, Fildas and Polisano, the largest local pharmaceutical wholesalers, posted more than 210 million lei (EUR47 million) net profit together last year, an increase of 24% on more

17 iun 2015

Romanian drugmaker Europharm Brasov, held by UK group GlaxoSmithKline (GSK), registered sales of 426 million lei (nearly EUR96 million) in 2014, down 14% compared with a year before, as the plant is more

11 iun 2015

Aramis Invest, the largest furniture producer in Romania, registered 4% higher sales in 2014, at 567 million lei (nearly EUR128 million), compared with RON547 million a year ago. more

11 iun 2015

The Romanian entrepreneurial class has learned its lesson from the crisis, and businesspeople have become wiser than they were in 2007-2008, so they are now approaching development or internal more

10 iun 2015

Mediplus and Sensiblu, the main units of A&D Pharma, the largest group in Romania’s pharmaceutical industry, posted lower sales in 2014, but the cumulated profit of the two companies totaled RON52 more

9 iun 2015

Swedish retailer IKEA, which operates a single store in Romanian capital city Bucharest, switched to profit in 2014, for the first time since its direct entry on the local market in 2010. IKEA Romania more

5 iun 2015

Furniture manufacturer Taparo, based in Maramures (northern Romania), posted EUR67 million revenue last year, an increase of 2% on 2013, generated by almost 1,000 employees. more

4 iun 2015

Local furniture retail, an about EUR700 million market, might attract the first major European discount retailer in the next two or three years, ten years after the arrival of world’s largest more

2 iun 2015

MedLife, Regina Maria, Medicover, Sanador and Gral, the largest operators in the private medical service industry, will continue to hire people this year to implement their expansion plans. more

25 mai 2015

Romania’s wine exports stood at almost EUR20 million last year, an increase of 10% on 2013, ZF has calculated based on Wine Exporters and Producers Association (WEPA) and Eurostat data. Its exports more

20 mai 2015

Winemaker Jidvei (Alba County, central Romania) focuses on sales on the domestic market, which generate more than 90% of revenue, says owner Claudiu Necsulescu. more

19 mai 2015

Private equity fund Advent International is expecting non-binding offers for the majority stake in private medical service provider Regina Maria, the only business it has left in Romania. more

18 mai 2015

Sales returned to growth in November on restored consumer confidence, following the elections that month, says Igor Tikhonov, president of Ursus Breweries, the largest brewer in Romania. These are the more

14 mai 2015

Wine deliveries to China will amount to 450,000 bottles this year, almost twice as many as in 2014 (250,000), says Dan Muntean, general manager of Halewood Romania, one of the large local winemakers. more

14 mai 2015

Three new retailers have entered the furniture retail in the last two months, an over EUR700 million market denominated by local entrepreneurs. Since few retailers ventured into the market during the more

13 mai 2015

The Mobexpert group posted 12% higher sales in the first four months of 2015, the first double-digit increase after the crisis, and owner Dan Sucu says it is now time for growth in the furniture more

7 mai 2015

The Polisano Group controlled by the Vonica family in Sibiu, will sell 25% to a private equity fund for EUR30 million, chairman Remus Borza said, without revealing the name of the fund. more

7 mai 2015

Romania saw the second worst decline in wine production in Europe after Bulgaria last year, according to the International Organization of Vine and Wine (OIV) data. more

27 apr 2015

The five largest pharmaceutical producers in Romania posted slight growth of merely 2% to 2 billion lei (EUR453 million) on a market that increased by almost 7% in 2014 and are bracing themselves for more

24 apr 2015

Furniture manufacturer Elvila, controlled by businessman Viorel Catarama, posted 0.7 million lei (EUR0.15 million) net profit in 2014, an increase of 30% on 2013, according to an annual financial more

24 apr 2015

Cluj-based Terapia, the largest local drug producer, posted net profit worth 86 million lei (EUR19 million) last year, down 21% against 2013. This is the first decline the drug maker has witnessed in more

23 apr 2015

Romania’s 25 biggest private hospitals operated investments worth above EUR300 million, according to ZF calculations. Most projects were carried out by Romanian entrepreneurs, who set up units worth more

23 apr 2015

Wine market supply has surged in the past seven years, but demand has stalled or inched up, in the context where significant investments in new wineries have been finalized, says Gabriel Roceanu, more