22 feb 2022

International freight forwarding and logistics group International Alexander based in Arad expects 15% growth in revenue in 2021 and will continue investments in expansion, its officials say. more

21 feb 2022

Focsani-based packaging producer Electric, owned by Buzaianu family, ended 2021 with EUR9 million turnover and for 2022 targets EUR13 million, according to the company’s officials. more

21 feb 2022

Craiova-based Softronic, Eastern Europe’s only factory producing electric frames and locomotives, ended 2021 with turnover worth EUR25-26 million and for 2022 expects to reach EUR30 million turnover more

18 feb 2022

Evopack, which produces cardboard and paper packaging in a plant in Piatra-Neamt and which delivers to McDonald’s KFC, Spartan and Mesopotamia restaurant chains, ended 2021 with turnover of almost more

17 feb 2022

Curtea Veche Publishing House ended last year with RON19.5 million revenue, and it estimates that revenue will reach RON25 million in 2022, its officials say. more

17 feb 2022

Kosarom group, founded by Neculai Apostol, with 1,250 employees, expects turnover to remain unchanged this year against 2021, at RON372 million (EUR75 million), according to the founder. more

17 feb 2022

Angst group, controlled by entrepreneur Sorin Minea, will further expand the own store network by opening another three-four stores in Bucharest this year and is set to complete the reconstruction of more

16 feb 2022

World Class Romania, the largest fitness center network in the country, is aiming for revenue of almost EUR35 million, the level recorded in 2019, the company officials say. more

15 feb 2022

Romgermed, a mid-sized player in the private medical services market, will open a new medical laboratory in the Unirii area of Bucharest in a EUR300,000 investment and plans to develop a new more

15 feb 2022

The four-star Hotel Cismigiu (Cişmigiu Hotel) in Bucharest, one of the city's landmark buildings, controlled by Spanish-owned Hercesa, expects a 15% increase in average occupancy this year, as well more

10 feb 2022

Hotel company Ana Hotels, one of the largest on the local market, which operates the Athénée Palace Hilton and Crowne Plaza hotels in Bucharest, as well as hotels by the sea and in Poiana Brasov, more

7 feb 2022

Simion Prunean, manager of Grand Hotel Italia, the five-star hotel of Cluj part of Italy’s chain Select Hotels Group, says he hopes for a better year and has budgeted 18-20% higher turnover than more

7 feb 2022

Bookstore chain Carturesti, controlled by Nicoleta Dumitru and Serban Radu, is seeking spaces for new openings outside Bucharest, in Alba Iulia, Galati, Bacau, Targu-Mures and Bistrita. more

4 feb 2022

Marius Vinatoru, marketing manager of International hotel of Sinaia, says 30% higher turnover has been budgeted for this year. more

4 feb 2022

Pharmacy chain Farmacia Tei, one of the most dynamic businesses in Romania, ended last year with sales of RON872 million, up 16% from the previous year, according to company officials. more

1 feb 2022

Almost 500 rooms in hotels set to operate under international brands will be delivered on the market this year in Brasov, Cluj-Napoca and Timisoara in the wake of total investments put at over EUR50 more

26 ian 2022

Movileanu family, which controls hotel complex Mera Resort of Venus, started building an entertainment park in Neptun seaside resort, in an investment put at almost EUR60 million, due to be wound up more

25 ian 2022

Dumagas, one of the biggest freight carriers in Romania, controlled by investment fund Bancroft, ended 2021 with EUR32 million turnover and for 2022 expects to see turnover rise by 20%, according to more

24 ian 2022

Private healthcare services provider Gral Medical, one of the biggest on Romania’s market, controlled by Romanian entrepreneur Robert Serban, ended 2021 with EUR43 million turnover and for 2022 more

21 ian 2022

Tulcea-based bakery company Lidas, controlled by entrepreneur Elena Anastase, stared construction works for the second bakery plant, in Cataloi, in a EUR46 million investment, half covered by state more

20 ian 2022

Ovidiu Bucataru, financial officer of Grup Serban Holding, an entrepreneurial business founded by Nicolae Serban, says the company want to keep up the growth pace and is set to invest RON25-30 more

19 ian 2022

Mihai Marcu, CEO and chairman of private healthcare services provider MedLife, says the company’s 2022 investment budget stands at EUR100-120 million. more

19 ian 2022

Austria’s HS Timber Group (the former Holzindustrie Schweighofer) will shut down the solid wood panel plant of Siret and the timber plant of Radauti at end-March, with 600 employees due to be more

18 ian 2022

Monza Romania Group, held by Italy’s Policlinico di Monza, which operates four hospitals in Romania, ended last year with EUR62.5 million revenue and expects EUR70 million revenue in 2022, its more

18 ian 2022

Astra Vagoane Calatori, one of the biggest players on the local rolling stock market, controlled by Valer Blidar, in 2021 doubled its turnover and for 2022 expects it to at least stay at last year’s more