11 nov 2024

Prima Development Group, an Oradea-based real estate developer, has secured the construction permit for a residential project in Bucharest, PRIMA Astera, an investment put at EUR65 million. more

8 nov 2024

eMAG, the region's largest online retailer, has overshot the RON800 million mark for this year’s Black Friday it had set out to achieve. In fact, 12 hours into the campaign, eMAG recorded sales of more

8 nov 2024

Banca Transilvania (TLV.RO), the largest lender in Romania, posted RON3.9 billion consolidated net profit in January-September, an increase of 70% on the year-ago period, while operating income was more

7 nov 2024

Romanian entrepreneur Ferenc Korponay, known for founding, developing and then selling the Maravet business, which operates in the animal products sector, has bought the canning factory in Oiejdea, more

7 nov 2024

Port operator Socep Constanta (SOCP.RO) on Thursday evening notified the Bucharest Stock Exchange that Sammarina Imobiliare, which owns 6.31% in it, had requested that shareholders be called for a more

7 nov 2024

The almost EUR20 million investment of Poland’s Elemental Holding Group, the largest electronics and electrical equipment recycling operator in Europe, in an electronics recycling plant near Deva, more

6 nov 2024

Bicycle manufacturer Eurosport DHS, held by Chinese and German investors, posted RON232.2 million (about EUR47 million) revenue in 2023, down 56.7% from the RON536.8 million (EUR108.8 million) in more

6 nov 2024

FAN Courier, the leader of the parcel delivery market in Romania, has finalized the extension of the warehouse in Stefanestii de Jos, where it is also headquartered, a EUR30 million investment that more

5 nov 2024

Europack Media, a Constanta-based manufacturer of wet wipes established by local entrepreneurs, will overshoot the RON100 million revenue mark this year, an increase of 30% on the previous year, its more

5 nov 2024

Paval Holding, the special purpose vehicle of brothers Adrian and Dragos Paval, has made a new investment in shares on the Bucharest Stock Exchange (BVB.RO), ZF has found from bvb.ro data. more

4 nov 2024

Focsani-based textile manufacturer Pandora Prod, owned by the Simiz family, posted RON292.2 million (more than EUR59 million) revenue in 2023, up almost 35% from the previous year’s RON216.6 million more

4 nov 2024

Turism Felix (TUFE.RO), a company that runs five hotels in Baile Felix resort in Bihor County, announced the Financial Supervisory Authority had approved the tender offer launched by Transilvania more

4 nov 2024

Law firm RTPR assisted Swedish investment company Oresa and entrepreneur Cristian Amza in the sale of La Fantana Group, which has subsidiaries in Romania and Serbia to strategic investor Axel Johnson. more

4 nov 2024

UniCredit S.p.A. (“UniCredit”) and Alpha Services and Holdings S.A. (“Alpha”) announce that after securing all the necessary approvals from the relevant authorities and completing the due more

1 nov 2024

Romania's foreign exchange reserves shrank by EUR2.93 billion to EUR62.8 billion in October 2024, from EUR65.77 billion at the end of September, Romania’s central bank announced on Friday (November more

1 nov 2024

Fast-food restaurant chain Hesburger has opened a new restaurant in the Baneasa Shopping Mall in Bucharest, following an investment of EUR0.5 million. more

1 nov 2024

New car registrations in Romania increased by 1.4% to 11,552 units in October 2024 compared with October 2023, Romanian carmakers’ association ACAROM data show. more

1 nov 2024

Appraisal & Valuation (APP.RO), a company that provides real estate appraisal, consulting and development services, posted RON5.1 million revenue in January-September 2024, up 27% from the year-ago more

1 nov 2024

Axel Johson Inc (AJI), a US company held by Swedish Johnson family, on Friday announced the acquisition of La Fantana S.R.L., one of the main suppliers on the market of water solutions in Central and more

1 nov 2024

The Hyatt Group, which has recently signed the franchise agreement for the ARO Palace Hotel to be reopened under the Hyatt Regency Aro Palace Brasov brand, is looking at Bucharest for expansion. more

1 nov 2024

Yildiz Entegre Romania, part of the Turkish group with the same name that operates the MDF factory in Oarja, Arges County, posted RON504.4 million (EUR102 million) revenue in 2023, down 30.2% from the more

1 nov 2024

Agro Oil Service (AOS), a grain trader, grain seed, pesticide and chemical fertilizer wholesaler and provider of grain transportation by road, posted RON227.8 million (EUR46 million) revenue in 2023, more

1 nov 2024

Sameday, one of the largest actors on Romania’s parcel delivery market expects 40% growth in revenue this year, CEO Lucian Baltaru told a news conference. more

1 nov 2024

The foreign direct investments in the Romanian trade exceeded the EUR20 billion mark for the first time last year, as companies in the sector continued to put money into development, Romania’s more

18 oct 2024

Casa Rusu, the operator of the furniture stores by the same name has gone insolvent at the request of Rus Savitar, the company part of the same group that operates the furniture plant. The decision more