12 feb 2015

Sibiu-based Atlassib, Romania’s biggest international road passenger transport operator, expects a 4-5% increase in revenue and the number of passengers its coaches will carry this year, according more

11 feb 2015

Considering the current structure of its hotel market, Romania has solid prospects for the development of hotels under international brands, says Gilles Clavie, chief executive officer of Poland’s more

10 feb 2015

State-run airline Tarom, placed under private management, further operates a motley fleet made up of 24 Airbus, Boeing and ATR aircrafts, while its fleet homogenization process is still in the stage more

9 feb 2015

What hinders Romania’s development is the poor transport infrastructure, says Teofil Campean, the executive who runs the Rondocarton corrugated cardboard plants in Targoviste and Cluj held by more

3 feb 2015

Can-Pack Romania, the only Bucharest plant manufacturing aluminum cans for beer and soda, ended 2014 with revenue of more than 315 million lei (EUR71 million), after selling 850 million metallic cans. more

2 feb 2015

The Grand complex, which includes the JW Marriott Hotel in Bucharest, saw a 6% increase in revenue last year, says Gregor Aufhauser, chief executive of Societatea Companiilor Hoteliere Grand, the more

30 ian 2015

Alexandra Copos de Prada, daughter of businessman George Copos, who took over the reins of ANA Hotels company last year, says she expects revenue to rise by 9% this year against 2014, to EUR27.7 more

29 ian 2015

Craiova-based rolling stock manufacturer Softronic has signed an agreement with Hungary’s LAC Holding to create a joint venture and begin production of locomotives in Hungary. Softronic will hold more

28 ian 2015

The five-star Hilton hotel of Sibiu, the only five-star unit in this city, saw revenue rise by 10% last year, in line with the projected level, and expects a similar sales advance in 2015, according more

26 ian 2015

Four-star Cismigiu Hotel in downtown Bucharest has budgeted a 10% to 12% growth in revenue for 2015, says general manager Georgeta Grecu. more

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