12 mar 2018

Five-star Intercontinental Hotel in Bucharest, one of the biggest hotel companies in the country, operated with 80% occupancy rate last year, higher than in 2016. more

6 mar 2018

Karpaten Turism group, one of the largest travel businesses in Romania, ended last year with 84 million lei (EUR18 million) revenue and estimates this year’s revenue will amount to more than RON100 more

1 mar 2018

Flag carrier Tarom, which had a rough year again in 2017, having gone through several interim CEOs, transported only 2.4 million passengers last year, as many as in 2016 and 2015. more

27 feb 2018

Carturesti bookstore chain of Nicoleta Dumitru and Serban Radu will continue to expand with new stores outside Bucharest this year and expects double-digit growth on the EUR25 million sales of 2017. more

26 feb 2018

Pharmaceutical company Antibiotice (ATB.RO) reached its targets last year and will continue development by consolidating presence on international markets this year, says CEO Ioan Nani. more

15 feb 2018

Romanians spent EUR3.1 billion on trips abroad last year, compared with EUR1.9 billion in 2016, according to Romania’s central bank data. This is highest amount Romanians spent abroad in the past more

8 feb 2018

Radisson Blu and Park Inn By Radisson hotel complex on Calea Victoriei in Bucharest, expects revenue to go up in 2018, driven by the greater demand for accommodation services from business and leisure more

1 feb 2018

Retail pharmacy chain Farmacia Tei and Bebe Tei stores of entrepreneur Roxana Maftei ended last year with 465 million lei (more than EUR100 million) revenue, according to its officials’ statements more

22 ian 2018

Confectionery chain Ana Pan developed by the Copos family in the early nineties ended 2017 with 25.5 million lei (EUR5.5 million) sales, an increase of 16% on 2016 and expects the same growth pace in more

18 ian 2018

Continental hotel chain, one of the largest in Romania, with almost 2,000 rooms and controlled by entrepreneur Radu Enache, ended last year with EUR26 million to EUR27 million revenue and expects more

15 ian 2018

Five-star Sheraton Hotel near Piata Romana in downtown Bucharest ended 2017 with 20% higher revenue, about EUR12 million, according to its officials and ZF’s calculations. The management expects more

12 ian 2018

Dunca Expeditii, one of the largest freight carriers in Romania, budgeted growth of 5% for this year, company officials say. more

9 ian 2018

Dumagas, one of the largest freight carriers in Romania, ended last year with EUR35 million revenue and expects growth of 10% to 15% in 2018 from new contracts. more

14 dec 2017

Entrepreneur Dragos Petrescu, one of the most powerful people in the restaurant industry in Romania, through his City Grill group, will invest in opening a food distribution and home delivery center more

5 dec 2017

Europa Royale Hotel in Bucharest’s Old Town held by Lithuania’s Europa Group already has 60% of its rooms booked for December and demand from foreign tourists is on the rise. more

4 dec 2017

ANA Hotels, which operates the Athenee Palace Hilton and Crowne Plaza hotels in Bucharest, as well as three mountain resort hotels and two hotels on the seaside (one of which rented), will end the more

23 nov 2017

Mihai Miron, the entrepreneur who owns pharmaceutical company Ropharma and indirectly owns Sf. Constantin private hospital in Brasov, says demand for private medical service is constantly rising so he more

20 nov 2017

Pfizer Romania, the subsidiary of the US pharmaceutical giant and fourth leading actor on the local pharmaceutical market, estimates to end the year with almost 750 million lei (EUR162 million) more

20 nov 2017

Transport and logistics company Transport Trade Services (TTS) controlled by Romanian entrepreneur Mircea Mihailescu, has had its General Meeting of Shareholders approve the listing on the Bucharest more

17 nov 2017

Flag carrier Tarom, which expects a record loss of 206 million lei (EUR44 million) this year, has had a rough year, going through no less than four interim CEOs. more

16 nov 2017

Ambulanta BGS Medical Unit, the largest private ambulance service provider in Romania, expects to end this year with about 40 million lei (EUR8.63 million) revenue, its officials say. more

14 nov 2017

Continental hotel chain, one of the largest in Romania with its almost 2,000 rooms, saw double-digit growth in the first ten months and expects to end 2017 with EUR26 million to EUR27 million revenue, more

10 nov 2017

Henri Coanda (Otopeni) airport, the largest airport in Romania served 9.7 million passengers in the first nine months of the year, 18.8% more than in the year-ago period. more

9 nov 2017

Wizz Air, the leading airline in Romania, carried 6.1 million passengers in this country in the first ten months, an increase of 32% on the year-ago period, Wizz Air CEO Jozsef Varadi says. Traffic more

6 nov 2017

Low-cost airline Blue Air posted growth of 44% in revenue in the first half compared with the year-ago period, to 731 million lei (EUR159 million). more