9 mai 2018

Romania has a lot to catch up on in terms of pharmaceutical consumption, the potential for growth is there, hence the interest of foreign investors, says entrepreneur Mihai Miron, who owns the more

8 mai 2018

The City Grill group, one of the most powerful restaurant businesses in Romania, posted 11% higher sales in the first quarter compared with the year-ago period, its officials said. more

7 mai 2018

Flag carrier airline Tarom, which lost ground to low-cost operators, has managed to boost traffic by 22% to some 520,000 passengers on regular flights using its own aircraft in the first quarter, the more

7 mai 2018

Carturesti bookstore chain of entrepreneurs Nicoleta Dumitru and Serban Radu is getting ready to open its first store in Craiova, in the Electroputere Park shopping center. The new bookstore will have more

4 mai 2018

The ANA Pan confectionery chain founded by the Copos family in the early nineties ended the first quarter with 15% higher revenue than in the year-ago period, the company officials said. more

3 mai 2018

Henri Coanda (Otopeni) Airport, the largest airport in Romania, served 2.76 million passengers in the first quarter, which means the traffic was 6% higher than in the corresponding period of last more

24 apr 2018

Transportation and logistics company Transport Trade Services (TTS), controlled by Romanian entrepreneur Mircea Mihailescu, bought back the 10% stake World Bank’s investment arm International more

2 apr 2018

Diverta, the bookstore chain held by the Romanian businessman Octavian Radu, has increased its sales by about 25% in the first quarter compared with the year-ago period, according to the preliminary more

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