23 ian 2015

The Caro Hotels complex on Barbu Vacarescu street, in northern Bucharest, ended 2014 with around 25% higher revenue, to 18.5 million lei (around EUR4 million), according to Octavian Lazar, the more

22 ian 2015

Romanian businessman Valer Blidar, who owns Arad-based railcar and tram plant Astra Vagoane Calatori, says the plant hiked its revenue by 20% last year and profit by around 5%, with 2014 as the best more

20 ian 2015

Radu Enache, a stakeholder in Continental hotel chain, one of Romania’s biggest, says he expects the hotel business to register a 5% revenue advance this year. more

20 ian 2015

Romanian airline Carpatair, which went insolvent early 2013 and no longer operates regular flights, is in talks with tour operators and airlines of Italy and Spain to lease aircraft for charter more

15 ian 2015

Oradea-based road freight carrier Frigoexpress expects the new contracts signed with customers in Germany, France and Switzerland to drive its business up 10% this year, says Florian Mihut, general more

14 ian 2015

Romeo Dunca, a stakeholder in one of Romania’s largest road freight carriers Dunca Expeditii, says that should the local tax authority ANAF retroactively tax drivers’ daily allowances he will make more

13 ian 2015

Railroad freight carrier DB Schenker Rail Romania will hire 100 people this year to staff the local center that has become a regional hub handling the freight from Western Europe on route to Asia, more

8 ian 2015

Businessman Marius Cristescu, who controls, together with his brother, Emil Cristescu, Bega Turism company, the largest tourism company in Timis county, managing three hotels in this area, says he more

7 ian 2015

Local rolling stock manufacturers Astra Rail Industries and Craiova-based Softronic, two of the most important in this business, expect revenue to be flat in 2015, since they are only getting orders more

29 dec 2014

Romania’s largest travel agencies forecast revenue increases of 4% to 20% for 2015, according to company officials. more

24 dec 2014

Romania has 146 km of ski slopes in 20 counties in the wake of some new investments in ski areas operated this year, from 136 km in 2013, according to a ZF survey based on data provided by the more

22 dec 2014

The Romanian tourism industry saw minimal investment in infrastructure in 2014, even though the ski resorts and spa towns would badly need upgrades to become attractive to foreign tourists. more

17 dec 2014

Courier services companies’ business depends on the trend of the economy, considering parcel delivery demand comes from legal persons from all fields of activity, but also from individuals. Thus, more

20 nov 2014

While in 2000, Romania’s 16 operational airports saw 2.3 million passengers take off or land, in 2010 traffic was over four times bigger and in 2013 it had registered a fivefold increase, reveals a more

14 nov 2014

The load factor of Tarom aircraft reached 68%, up 3% from the previous year and the Romanian state-run airline will register 2.23 million passengers by yearend, said Cristian Heinzmann, the Belgian more

27 oct 2014

Romania cannot hope for annual economic growth of 5% in the next ten years in the lack of consumption and investments. This was one of the conclusions of last week’s ZF Expert meeting that was more

20 oct 2014

Tourism business results are better than expected, having beat the 15% growth forecast, says businessman Marius Cristescu, who owns Bega Turism company together with his brother Emil Cristescu. more

5 oct 2014

Athenée Palace Hilton five-star hotel, one of the landmark buildings of Bucharest, will have all its 272 rooms fully renovated, following a EUR8 million investment starting next year. more

3 oct 2014

PostMaster, a company of the Austrian Post Group, which provides postal services and delivers advertising material to mailboxes, posted growth of 17% in revenue to about EUR6.3 million in the first more

2 oct 2014

Hotels attracted 90% of the foreigners who got accommodation in touristic units in the first seven months of this year, namely 950,000 visitors from abroad, reveals a ZF survey based on National more

25 sep 2014

World Class Romania, the country’s largest fitness chain, saw revenue go up by 44% in the first nine months of this year. A similar increase was registered in terms of the number of members. more

22 sep 2014

Can Pack Romania, the only Bucharest plant manufacturing aluminum cans for beer and soda, with clients such as Heineken, Bergenbier, SABMiller or Tuborg, ended the first 8 months of this year with more

19 sep 2014

Romanian state-owned postal operator Posta Romana is preparing for its second privatization attempt. Investors interested in taking over the majority stake in the company must submit non-binding bids more

16 sep 2014

FAN Courier, with revenue of EUR60 million, and Autonom Services (Autonom Rent A Car brand), a EUR12 million business, dominate the local courier and car rental services markets as they were quick to more

16 sep 2014

The French post office, which owns courier services company DPD in Romania, Deutsche Post, present locally through DHL, US-held UPS, which controls the courier company of the same name, as well as more