9 iun 2017

ArcelorMittal Galati, the largest steel mill in the country, ended last year with about 3.5 billion lei (EUR786 million) revenue, down almost 8% on 2015 and RON271 million losses, only 9% lower than more

9 iun 2017

Entrepreneur Roxana Maftei, who owns the Farmacia Tei chain and the Bebe Tei stores, continues expansion and is investing EUR600,000 to take the two brands to Plaza Romania shopping center of Anchor more

26 mai 2017

Romania is one of the best and most dynamic markets in the region for low-cost airline Wizz Air, the local market leader, which will continue to expand its operations on the Bucharest airport and on more

22 mai 2017

Industrialist Valer Blidar, the owner of rolling stock plant Astra Vagoane Calatori in Arad has turned to Scandinavian countries for sale of railroad and street cars. more

19 mai 2017

Spanish-held private equity firm GED Capital is looking to sell its stakes in Romanian companies by yearend and has already hired investment bankers and law firms to handle the sale of stakes in more

1 mai 2017

Damen Galati shipyard, one of the biggest actors in its industry in Romania, has budgeted investment of 25 million lei (EUR5.6 million) this year, as well as a five-fold increase in net profit and a more

28 apr 2017

Diverta bookstore chain of businessman Octavian Radu, ended the first quarter with 20% higher sales and April sales were 60% higher than in the year-ago month, the company chief executive officer more

25 apr 2017

Rolling stock manufacturer Astra Rail Industries, which owns Astra Vagoane Arad, Romvag (Caracal) and Meva (Turnu Severin) railroad car plants in business for more than 100 years, ended last year with more

11 apr 2017

Continental Hotels revenue went up 16% in the first quarter compared with the year-ago period and spending increased, as well, due to the minimum wage hike and the lump sum tax, says owner Radu more

7 apr 2017

Entrepreneur Dragos Petrescu, one of the most powerful entrepreneurs in Romania’s restaurant industry, who owns the City Grill group, says he brings 200 employees from places near Bucharest, such as more

4 apr 2017

The first quarter this year was much better than first quarter of 2016 for private healthcare provider Regina Maria, with preliminary results indicating growth of 49%, says chief executive officer more

3 apr 2017

Belladonna retail pharmacy chain held by Romanian entrepreneurs Florin and Alina-Nicoleta Gheorghita opened three new pharmacies in Bucharest in March for a total of 97 and is considering opening some more

8 mar 2017

Touring Europabus Romania, the company held by Dragos Anastasiu, which owns travel agency networks Eurolines and TUI Travel Center, ended last year with EUR90 million revenue, an increase of 19% on more

2 mar 2017

ANA Hotels, the operator of the all tourism businesses of entrepreneur George Copos, ended 2016 with EUR31.5 million revenue, an increase of 9.6% on 2015, which makes it the biggest hotel company in more

17 feb 2017

ArcelorMittal Galati, the largest steel mill in Romania, last year kept production at 2 million tons a year, the same as in the previous two years and its chief executive hopes to be able to do the more

16 feb 2017

Whereas all rolling stock from locomotives, subway trains, buses and street cars in service in Romania used to be made in Romania before the fall of the communist regime, now only a handful of more

6 feb 2017

Farmacia Tei, a company held by entrepreneur Roxana Maftei, expects to see more than EUR54 million sales this year and plans to open a new retail pharmacy in the sector six of Bucharest, which more

2 feb 2017

Henri Coanda (Otopeni) International Airport, the main gateway into Romania by air, served almost 11 million passengers last year, an increase of 18% on the previous year to a new record high. more

31 ian 2017

The personnel shortage both entrepreneurs and managers of foreign companies are facing could be solved if the authorities made it easier for migrants from non-EU countries to reach Romania’s labor more

26 ian 2017

Carturesti bookstore chain has grown to 21 stores, eight of which in Bucharest and the rest in other parts of the country. Its best bookstores are Carturesti Verona and Carturesti Carusel both of them more

25 ian 2017

FAN Courier has budgeted growth in revenue by 10% to 15% for this year, says Adrian Mihai, one of its founders and shareholders. There is still room for growth on the courier service market because of more

20 ian 2017

A number of 60 million drug packs leave the plant of pharmaceutical producer Antibiotice Iasi annually, 35% to 40% of which topical products (creams, ointments, gels), says chief executive Ioan Nani, more

16 ian 2017

Swiss-held Alu Menziken, part of industry group Montana Tech Components AG, will make a 200 million lei (EUR45 million) investment in an aerospace and automotive aluminum extrusion plant in Mediesu more

11 ian 2017

Low-cost airlines Wizz Air and Blue Air and flagship carrier Tarom are the top three airlines in Romania, having carried 11.5 million passengers last year, or 72% of those that traveled by plane, ZF more

10 ian 2017

Belladonna retail pharmacy chain, held by Romanian entrepreneurs Florin and Alina-Nicoleta Gheorghita, ended 2016 with about 220 million lei (EUR49 million) sales, flat on 2015, generated by 94 more