26 ian 2024

Bankrupt wire factory Dan Steel Group Beclean, one of the most important companies in the Romanian metallurgical industry, has been sold in a public auction for EUR7.5 million euros to Intertranscom more

26 ian 2024

Danube freight carrier Transport Trade Services (TTS.RO) notified investors on Friday about a shareholder exceeding the 5% stake threshold. That shareholder is Metropolitan Life Pensii Private, one of more

25 ian 2024

“Avram Iancu” International Airport in Cluj, Romania’s second largest, ended last year with 3.24 million passenger traffic, an increase of 23% year-on-year and three times the level of ten years more

25 ian 2024

IT group Bittnet (BNET.RO) on Thursday, January 25, elected its board of directors in a general meeting of shareholders, as the terms of the current board expire on January 29, 2024. more

25 ian 2024

Bookstore chain Carturesti ended last year with EUR75 million sales, an increase of 25% on the EUR60 million of 2022, its officials said. more

24 ian 2024

Industrial ventilation equipment manufacturer Ruck Ventilatoare in Tarnaveni, Mures County, the local subsidiary of the Germany’s Ruck Ventilatoren GmbH, ended 2023 with a more than EUR27 million more

24 ian 2024

Aluminum producer Alro Slatina (ALR.RO) sold 14,541 tons of primary aluminum to third parties in the last three months of 2023, 26.5% more than in the same period in 2022, according to ZF calculations more

23 ian 2024

Natural gas transmission company Transgaz (TGN.RO) set RON2.06 billion as „operating revenue” in its spending and revenue budget for 2024, which means a 19.2% increase on the estimated 2023 more

23 ian 2024

Patristrans VT Logistic in Apahida, Cluj County, a company that transports general freight by road, ended last year with RON50 million (about EUR10 million) revenue, up 10% from the previous year and more

23 ian 2024

Greece’s PPC Group, which officially became the owner of all Enel companies in Romania in 2023, estimates Romania’s electricity demand will increase by 10% by 2030, which means additional more

22 ian 2024

World’s largest mobile virtual network operator (MVNO) Lyca Mobile, based in the UK, shut down its operations in Romania at the end of last year, eight years after launch, blaming an increase in more

22 ian 2024

Road freight carrier Dolo Trans Olimp (DTO), held by entrepreneur Cristian Dolofan, posted EUR97 million revenue in 2023 and expects 30% to 35% growth this year, its officials say. more

22 ian 2024

Vitantis Shopping Center in Bucharest will get new tenants soon and reach 100% occupancy rate. This is the project that got the highest investment volume made by its owner, businessman Omer Susli. more

22 ian 2024

Orange Romania announces plans to gradually phase out the 3G network starting June 2024, which will allow the company to concentrate its efforts on the development of the 4G/5G networks, as well as of more

19 ian 2024

United Business Center 3 (UBC) office building in the Palas complex in Iasi developed by the Iulius Group will have a coworking space for the business community in the city as of the second quarter more

19 ian 2024

Passenger traffic on Romania’s airports reached 25 million people in 2023, an increase of 17% on the previous year, data from the Romanian Airport Association (AAR) show. more

19 ian 2024

Aldis, one of the largest meat processors in Romania, plans to make a more than EUR20 million investment in boosting production capacity. The company submitted a RON103 million (over EUR20 million) more

19 ian 2024

Retailer Mega Image, held by Belgian-Dutch group Ahold Delhaize, significantly slowed down expansion in Romania in 2023, the year when its parent group negotiated and announced takeover of retailer more

19 ian 2024

Lensa, one of the leading actors on the eyewear market in Romania, has recruited executive Gabriel Cubatov as chief commercial & acquisition officer. more

18 ian 2024

Tei Group, which owns Farmacia Tei and Bebe Tei retail chains, has rented about 2,400 square meters in ElectroPutere Mall in Craiova, held by France’s Catinvest. more

18 ian 2024

Global security and aerospace company Lockheed Martin and Aerostar Bacau (ARS.RO), which is already doing maintenance for Romania’s F-16 fleet, have inaugurated a maintenance and repair center for more

17 ian 2024

Automotive component manufacturer Preh Romania, a supplier for Porsche, Mercedes and Tesla, expects EUR260 million revenue this year, while the car market has not yet recovered to pre-COVID levels. more

17 ian 2024

Kastamonu Romania (formerly Prolemn), held by Turkey's Kastamonu Entegre, expects similar results to last year's for its wood processing plant in Reghin in 2024. The company ended the first nine more

17 ian 2024

The starch factory in Medgidia, which Turkey’s Tosmur Group opened in 2022, posted EUR98 million revenue in 2023 and is expecting a 10% increase in 2024, company officials say. more

17 ian 2024

The Paval family, the owner of DIY retailer Dedeman, will drop investment fund Equiliant Capital launched in 2019, focusing instead on Paval Holding, a special purpose vehicle it has been using to buy more