28 oct 2011

easyJet, the second-largest low-cost airline in Europe, with 44.8 million passengers carried on international destinations, is leaving Romania after operating flights to Milan and Madrid from the more

27 oct 2011

At least 10,000 people go to luxury wellness centers in Bucharest and spend EUR10 million to EUR16 million in fitness studios, saunas and spas, reveals a ZF analysis, which calculated the figure more

24 oct 2011

Romanian entrepreneur Claudiu Aron and his wife run the Alpin tourism complex in Poiana Brasov, a business that that has grown 113.7% in the last three years to 69.7 million lei (EUR16.1 million). more

21 oct 2011

The Austrian Post, with EUR2.3 billion in turnover last year, has entered the Romanian market through the acquisition of 26% in PostMaster, preparing to gain business when the monopoly of state-owned more

12 oct 2011

Ten years after issuing his first invoice, Bara Levente inaugurated a plant in Alba Iulia (central Romania) which produces various food ingredients that are sold on the local market. more

10 oct 2011

Saff Trading started out by distributing food products in Craiova in 1998 and ended up with a turnover of EUR15 million last year from distribution across Romania and sweets production. more

6 oct 2011

George Copos, one of the largest hotel owners on the Romanian market, has completed a EUR11 million investment in modernizing Sportul Hotel in Poiana Brasov resort in central Romania with the more

5 oct 2011

“I visited Romania in 1998 and had the chance to assess the potential of Romanian experts’ accounting knowledge. Several years later, when I decided to build my own business, I returned to use the more

1 oct 2011

After two years in which both publishers and bookshops felt the full effects of the economic crisis, the book market is showing the first signs of recovery. more

30 sep 2011

Ziarul Financiar is set to launch the “Romanian business champions” event series, presenting awards to the most dynamic Romanian-held companies for the third consecutive year. more

26 sep 2011

Marius Moise, an entrepreneur trained in marketing, set up his own business after persuading several companies with a minimum energy consumption of 50 MWh/year to change their supplier of electricity more

21 sep 2011

Klaus Pumpel, chief executive officer of tour operator TUI Austria, says he knows nothing about Romania’s tourism brand launched last year after a EUR900,000 investment and he has not heard the more

19 sep 2011

Official data reveal that less than 9,000 tourists visited the Danube Delta in the first seven months of the year. For comparison, only the George Enescu music festival in Bucharest attracted about more

19 sep 2011

The football match between Romania’s champions Otelul Galati and Manchester United on October 18 is lifts the spirits of Bucharest hotel operators as talks to provide accommodation to the English more

13 sep 2011

Radu Enache, majority shareholder of the Continental Hotels chain, in which Spanish investment fund GED has recently bought a 30% stake, says he has had several meetings with the fund’s officials to more

9 sep 2011

Attila Verestoy, one of the richest members of Parliament, is in the process of becoming the king of freight cars. He will take over 50% in the three plants owned by Cristian Burci, which are part of more

8 sep 2011

Passenger traffic through the five largest airports in Romania rose by 5% in June, July and August. more

7 sep 2011

Antonio Nitu, general manager of travel agency Aerotravel Lufthansa City, owned by Mihai David, said the company’s sales rose by 25% in the first half, above expectations, but on the rumors related more

2 sep 2011

The three train carriage manufacturing plants of the IRS group controlled by Cristian Burci, whose reorganization plan was approved several months ago, have resumed operations after finding financial more

31 aug 2011

DHL International, the market leader on the international delivery services segment, saw its revenue go up by 8% in the first half of this year, partly because its 2,000 corporate clients’ include more

26 aug 2011

With the current market turmoil, demand for safes has gone up by 15% since the beginning of the year, as people are more inclined to see them as a way to protect their valuables (money, jewelry and more

26 aug 2011

The group of companies controlled by businessman Nelu Iordache, with operations in constructions, air transport (Blue Air) and agriculture, went from turnover of around EUR660 million in 2009 to more

23 aug 2011

Businessman Valentin Visoiu, who has developed over 1,000 housing units in Bucharest through Conarg Construct, will open the four-star Ramada hotel in Pitesti, a EUR20-million investment carried out more

19 aug 2011

The privatization of hotels on the Romanian Black Sea coast has had a paradoxical effect: lacking investments and efficient management, many hotels are empty. more

12 aug 2011

The two largest airports in Romania, Bucharest’s Henri Coanda (Otopeni) and Aurel Vlaicu (Baneasa) had 3.4 million passengers in the first six months of the year, up by around 9% on the similar more