4 oct 2016

The owners of Carturesti bookstore chain are in talks to open new bookstores in the major cities of the country, as the 12 such stores outside Bucharest generate 40% of the chain’s sales, says more

30 sep 2016

Sheraton Hotel in Bucharest had an occupancy rate of 80% in September and will reach its EUR10 million revenue target by yearend, says general manager Daniel Ben-Yehuda. more

27 sep 2016

FAN Courier will double the size of all its warehouses throughout the country to be able to keep up with the high volume of parcels, says Adrian Mihai, one of the shareholders and founders of the more

26 sep 2016

Pharmaceutical company Mylan Romania (formerly Abbott Products Romania) will probably not reach its 2% to 3% growth target set for this year or 160 million lei (EUR36 million) revenue, its chief more

23 sep 2016

Pharmaceutical drug manufacturer Terapia Cluj, a member of the Indian pharmaceutical group Sun Pharma, has boosted share of over-the-counter drugs to 50% of its product portfolio, double as much as in more

22 sep 2016

Cosmetics manufacturer Farmec Cluj Napoca will reach eight stores in Romania (three Gerovital and five Farmec stores) this year, as part of the strategy to develop its own retail network, following more

20 sep 2016

FM Logistic Romania, one of the largest companies in the transport and logistics sector, will invest EUR20 million in a 20,000 square meter warehouse, where it will store pharmaceutical drugs, medical more

16 sep 2016

Industrialist Valer Blidar, who owns Astra Vagoane Calatori Arad rolling stock plant, is in advanced talks for another contract in Brazil, a market he entered in 2012. He also resumed talks with the more

14 sep 2016

The lack of state-of-the-art equipment in public hospitals, the shortage of physicians in the medical facilities in various parts of the country due to migration abroad and to the private sector and more

17 aug 2016

Children’s products supermarket Bebe Tei of Roxana Maftei, who also owns Farmacia Tei retail pharmacies in Bucharest, posted 54 million lei (EUR12 million) sales in the first half, higher than RON50 more

11 iul 2016

The average speed at which the vehicles carrying packages throughout the country travel has been dwindling month by month and stands at less than 50 kilometers per hour at the moment, says Adrian more

13 iun 2016

Flag carrier Tarom carried 496,700 passengers in the first quarter, 8% more than in the year-ago period, the officials of the airline told ZF. more

2 iun 2016

Retail pharmacy chain Help Net part of the Farmexim group of businessman Ovidiu Buluc ended last year with 471 million lei (EUR103 million) revenue, up 21% in lei on 2014, according to ZF’s more

27 mai 2016

Pharmaceutical retail is the only big market where the top five actors are held by Romanian entrepreneurs, ZF has found from the data companies supplied for the `Cei mai mari jucatori din economie” more

20 mai 2016

Travel agencies in Romania budgeted up to 30% higher revenue for this year from ticketing, charter holidays and services for corporate customers. more

18 mai 2016

Private medical service operator Gral Medical, one of the top five companies on its market in Romania, expects revenue to reach 95.5 million lei (EUR21 million) in 2016, up 9.7% on the previous year, more

13 mai 2016

Rolling stock manufacturer Astra Vagoane Calatori based in Arad and held by businessman Valer Blidar ended last year with 96 million lei (EUR21 million) revenue, down from RON290 million in 2014, the more

8 apr 2016

Romania does not have an industry support and development program as do Poland, Hungary and Czech Republic, says Valer Blidar, the owner of rolling stock manufacturer Astra Vagoane Calatori in Arad more

29 mar 2016

Touring Europabus (Eurolines) of entrepreneur Dragos Anastasiu carried 135,000 Romanian passengers in its buses on international routes last year, 4.5% more than in 2014, the company officials say. more

25 mar 2016

Logistics companies could invest EUR500 million to EUR1 billion in logistics and industrial parks in the next two years, as Romania is becoming an international logistics hub. more

23 mar 2016

Low cost airline Blue Air budgeted growth of 25% in revenue in 2016, which the development of its local and foreign operations should generate, says chief executive Gheorghe Racaru. Passenger traffic more

22 mar 2016

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17 feb 2015

Low-cost airline Blue Air, controlled by Romanian entrepreneurs, expects to carry 1.6 million passengers this year, up around 6.7% on the year. more

16 feb 2015

Aerotravel, one of the top ten travel agencies in Romania, hopes to achieve growth of 10% or EUR 3 million in revenue this year, after a flat 2014, general manager Antonio Nitu says. more

13 feb 2015

The new bookstore the owners of Carturesti bookstore chain opened in a monument building of Bucharest’s Old Town, set to sell 15,000 titles of Romanian and foreign books, will attract at least 1,000 more