11 sep 2023

Global technology and software company Emerson, part of the US Emerson Group, posted RON1.396 billion (EUR283.3 million) revenue in 2022, up 29.3% on the previous year, according to ZF calculations more

11 sep 2023

Delaco Distribution, owned by the France’s Savencia Fromage & Dairy Group, posted RON559.3 million (EUR113.4 million) revenue in 2022, up 25.5% from the previous year’s RON445.7 million (EUR90.6 more

8 sep 2023

Private investment firm McWin Capital Partners has become the sole franchisee of the Popeyes brand in Romania, via fast food restaurant platform Rex Concepts. more

7 sep 2023

Entrepreneur George Adragai has become the sole shareholder of Luca's pretzel shop chain after Cosmin Postole retired from the business, official data shows. The two co-founded the business in 2010 more

7 sep 2023

Simtel Team (SMTL.RO), a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and a national leader in renewable energy, made RON6.5 million net profit more

7 sep 2023

Yazaki Group, one of the largest automotive component suppliers, on Thursday announced it would adjust production capacity given the current situation of the global market, where the electrification more

6 sep 2023

Hosiery manufacturer Ciserom in Sebes, Alba County, posted over RON19 million (EUR3.8 million) revenue in 2022, up 4.7% on the previous year, according to ZF calculations based on Finance Ministry more

6 sep 2023

The asking prices of old three-room apartments in Bucharest increased in August after a slight decline in July. more

6 sep 2023

Business software developer Wizrom Software ended 2022 with more than EUR1.37 million revenue, an increase of over 8% year-on-year, Finance Ministry data show. more

6 sep 2023

International Lazar, a freight forwarding company controlled by entrepreneur Ion Lazarus, ended the first half of this year with a 10%-12% decline in revenue, amid lower demand for freight forwarding, more

5 sep 2023

Philip Morris International (PMI), one of the largest manufacturers of cigarettes and IQOS heated tobacco products, will invest $130 million in its plant in Otopeni, near Bucharest, Romania, by the more

5 sep 2023

Spain’s Inditex Group, which owns some of the best-known fashion brands in the world, among which Zara, confirms the opening of the first Lefties store in Romania. ZF has recently reported that the more

4 sep 2023

Softbinator Technologies (CODE.RO), a group of IT companies, ended the first half of 2023 with RON17.6 million revenue, an increase of 57% on the year-ago period, as well as RON556,000 loss, unlike more

4 sep 2023

Accor, one of the largest hotel chains in the world, will open a new ibis Styles Hotel in Pitesti, the group said. The hotel chain signed a franchising agreement with HR Eden 2007, which runs the more

4 sep 2023

New car registrations in Romania increased by 2.82% to 12,891 in August 2023 compared with August 2022, and by 19.3% to 99,466 in January-August 2023, Romanian carmakers’ association ACAROM data more

4 sep 2023

The Financial Supervisory Authority (ASF) has licensed the first digital crowdfunding platform in Romania, which real estate developers can use to secure funding from investors for up to 60 months. more

1 sep 2023

Flaros (FLAO.RO), a company that leases out its own space and is held by Infinity Capital Investments (formerly SIF Oltenia), has secured approval from shareholders to sell four plots of land totaling more

31 aug 2023

Textile manufacturer Braiconf (BRCR.RO) announced RON820,128 net profit in the first half of 2023, up 8.5% compared with the year-ago period, while revenue stood at RON13.34 million, compared with more

31 aug 2023

Patria Bank (PBK.RO), a lender owned by private equity fund Emerging Europe Accession Fund (EEAF), ended the first half of 2023 with RON11.2 million net profit, up 10.9% from the same period in 2022, more

31 aug 2023

Oil drilling company Foraj Sonde Videle (FOJE.RO) posted RON77.1 million revenue in the first half of 2023, up from RON46.7 million in the same period of 2022 and went from a loss of RON2 million to a more

31 aug 2023

Construction materials manufacturer Cemacon (CEON.RO), a company controlled by Dedeman's Paval brothers, posted RON79 million revenue in the first half of 2023, down 36% compared with the same period more

31 aug 2023

The Body Shop cosmetics brand, one of the oldest in Romania, returns with a store in AFI Cotroceni mall after the entire existing network was closed this summer. more

30 aug 2023

The SHC restaurant group, one of the main actors in the local hospitality industry, controlled by entrepreneur Radu Dumitrescu, is taking over the Vacamuu steakhouse in Floreasca. The actor thus more

30 aug 2023

Autonom Services, the largest mobility network in Romania, held by brothers Marius and Dan Stefan, posted RON12.3 million net profit in January-June 2023, 31% below the same period last year. more

30 aug 2023

Pet shop chain Animax, part of the Pet Network International group, has invested EUR270,000 in two new stores in Bucharest and Alba-Iulia for a total 131 in Romania and plans to open six more stores more