29 nov 2013

Chinese-controlled companies had a total turnover of 2 billion lei (EUR454 million) in Romania last year, down 8% against the previous year, according to Trade Registry data. more

13 nov 2013

A freight truck needs 18 hours to cross Romania from south to north and Bucharest remains disconnected from Europe in terms of infrastructure, says Stefano Arganese, chief executive officer of DHL more

12 nov 2013

Bucharest’s five-star hotels want to accommodate over 1,500 guests in their restaurants and event halls for the New Year’s Eve party. Prices start from 200 lei (EUR45) per person and can reach up more

7 nov 2013

Five-star hotel Athenee Palace Hilton, held by Romanian businessman George Copos, has a new general manager - Jan Thomsen - with more than 27 years’ experience in the hotel industry. more

4 nov 2013

The Howard Johnson hotel in Bucharesthas asked to be downgraded from five to four stars in order to be able to host events organized by pharmaceutical companies. The latter decided last year to no more

1 nov 2013

Romanian state-run airline Tarom, where private management was introduced in November last year, is recruiting a new CEO, as well as a new Financial Officer, Commercial Officer and Operating Officer. more

1 nov 2013

Josef Goschy, owner of hotel chain Unita Turism, which has 25 hotels across Romania, says his three-star hotel Egreta in Tulcea (harbor in SE Romania) is working almost at full capacity after it more

24 oct 2013

Businesspeople in Romania have started to draft next year’s budgets for their companies, but they cannot use the country’s 2014 draft budget as reference point because the latter will be finalized more

21 oct 2013

Eximtur Cluj, one of the largest travel agencies in Romania, registered a turnover of 135 million lei (some EUR30 million) in the first nine months of 2013, up a mere 1% from the same period in 2012. more

15 oct 2013

Dunca Expeditii, one of the largest trucking companies in Romania, will end the year with EUR36 million revenue, up 10% on 2012, while net profit would be lower because of the fuel price hikes, more

8 oct 2013

Five star seaside Rex Hotel in Mamaia (SE Romania) should reopen next year, after a EUR3.5 million renovation and a further EUR5 million upgrade investment, owner Carmen Adamescu says. more

2 oct 2013

Bookstore chain Diverta has closed down 36 units since becoming insolvent in 2010 and is now left with 26 stores. more

30 sep 2013

Romanian businessman George Copos plans to invest EUR5.4 million in his tourism business in 2014. more

24 sep 2013

Unknown Properties Limited, registered in Cyprus, bought for EUR13 million the 35% stake that bankrupt ONT Carpati held in Societatea Companiilor Grand (SCH Grand), the owner of five-star hotel JW more

17 sep 2013

Romanian industrialist Valer Blidar, owner of passenger railcar maker Astra Vagoane Calatori, says 2013 will be a much better year for his business than 2012, when “his company was barely more

16 sep 2013

Results registered by the Romanian state-owned airline Tarom are in line with those stated in the company’s management plan and passenger numbers rose 6% in August, according to Christian Heinzmann, more

13 sep 2013

London-based ING Corporate Finance, the financial consulting division of Dutch group ING, will help Grup Feroviar Roman (GFR) get financing to buy 51% in freight railway carrier CFR Marfa, according more

12 sep 2013

The government spends EUR1 million to EUR2.8 million a year to treat people bitten by stray dogs in Bucharest. more

10 sep 2013

The Henri Coanda International Airport in Otopeni, Romania’s largest airport, served 3.5 million passengers in the first half of 2013, about 1% more on the year. more

6 sep 2013

Beer and soda can plant Can-Pack Romania, a barometer of the consumption of alcoholic and non-alcoholic beverages, ended the first half with about EUR37 million revenue, up 5% on the year-ago period. more

28 aug 2013

FAN Courier, the largest Romanian-owned parcel delivery service on the local market held by Adrian Mihai, Neculai Mihai and Felix Patrascanu, is now delivering 65,000 parcels a day, 10% more than last more

26 aug 2013

Shopping complex Doldora Bazaar in southwestern Bucharest, developed by former footballer Gica Popescu and two business partners, went insolvent and has recently closed after reality proved initial more

9 iul 2013

Romania’s Tourism minister has organized trips to promote Romania for ambassadors, representatives of the World Tourism Organization, foreign and Romanian journalists, but the country does not have more

4 iun 2013

The largest travel agencies in Romania budgeted rising revenue for this year, which means Romanians are traveling more. more

27 mai 2013

Romanian businessman Octavian Radu, the founder of bookstore chain Diverta, said he is in talks with an investor to sell Diverta, but the “door is still open” for other offers. more