29 iun 2017

The owners of the four-star Zenith-Top Country Line – Conference & Spa Hotel (formerly Golden Tulip and Fantasy Beach) in the north of the Mamaia resort, one of the biggest on the Romanian seaside, more

28 iun 2017

Pharmaceutical producer Fiterman Pharma, held by the Fiterman family in Iasi, which also owns the Arcadia medical group, ended last year with 135 million lei (EUR30 million) revenue and RON25 million more

27 iun 2017

The chance of Romania’s industry over the next ten years is to use its natural resources and add value to products, as well the digitalization and retooling of the processes, the participants to the more

23 iun 2017

Industrialist Valer Blidar, owner of the rolling stock plant Astra Vagoane Calatori in Arad (western Romania) has teamed up with Electroputere VFU Pascani (Vasile Didila and Gruia Stoica) and more

16 iun 2017

Vard Tulcea shipyard, one of the largest in Romania and the biggest employer in Tulcea County will bring 300 welders and locksmiths from Vietnam to offset the shortage thereof, as the shipyard is more

15 iun 2017

Ion Comusi, the owner of the passenger road transportation company CDI Transport Intern si International in Bucharest, one of the largest such companies in Romania, says he plans to develop two hotels more

15 iun 2017

Demand for vacations on the Romanian seaside is up 20% and Venus is the southern Black Sea Coast resort in highest demand, following investments in hotel upgrades, says Lucia Morariu, owner of travel more

12 iun 2017

The five largest shipbuilders in Romania, Daewoo-Mangalia Heavy Industries (DMHI), Damen Galati, Vard Tulcea, Vard Braila and Constanta shipyard, posted 3.2 billion lei (EUR715 million) revenue more

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