28 mar 2024

Dunca Expeditii, one of Romania’s largest freight carriers, in 2023 generated RON187 million turnover, 11% lower than in 2022, and registered losses, according to its officials. more

26 mar 2024

Five-star hotel Radisson Blu of Cluj-Napoca, developed by Winners Park Invest, has for 2024 budgeted turnover similar with 2023 level, of EUR7.5 million, according to the company’s officials. more

20 mar 2024

Romanian fast food chain Fryday, established by Suceava entrepreneur Lucian Florea, has grown to nine restaurants and ended last year with RON28.6 million (EUR5.7 million) revenue, double as much as more

21 feb 2024

Romanians spent EUR8.5 billion in 2023 on holidays abroad, 15% more than in 2022 and up 60% from 2019, in line with ZF calculations based on BNR 2023 data. more

19 feb 2024

Wargha Enayati, the founder of Regina Maria healthcare network and Enayati Medical City, has invested EUR500,000 to buy a clinic in Bucharest, InClinic Rahova, set to enter the social polyclinic more

19 feb 2024

Doctor Teodor Holhos, founder of ophthalmology clinic Dr. Holhos, has invested EUR1.5 million in a new clinic in Targu-Mures and expects to cross the 5,000-surgery threshold amid expansion. more

16 feb 2024

Mihai Posedaru, manager of Bencomp SRL Buzau, a Romanian producer of WPC profiles, says he is developing a new production facility, a WPC door plant in Buzau, in an investment put at EUR4 million. more

12 feb 2024

Timis-based freight carrier World Mediatrans, one of the most dynamic companies in the field, ended 2023 with EUR28 million turnover, slightly below 2022 level, but expects 10% higher turnover in more

12 feb 2024

The four-star International Hotel of Sinaia, one of the biggest units of the mountain resort, ended 2023 with 15% higher turnover from the RON37.4 million level reported in 2022. more

8 feb 2024

Cargo Partner, the local subsidiary of the Austrian group of the same name, which was taken over internationally by Japan’s Nippon Express, will invest to develop logistic spaces of Bucharest, more

6 feb 2024

Entrepreneur Marius Cristescu, who controls together with his brother Bega Turism, the largest tourism company in Timis county, plans to carry out another investment, put at EUR12 million, in an more

6 feb 2024

Travel agency Eximtur of Cluj-Napoca, one of the largest on the market, controlled by Morariu family, for 2024 projects a 10% sales increase from the EUR48 million level of 2023, according to the more

5 feb 2024

Europack Media, a company of Constanta that manufactures wet wipes, founded by local entrepreneurs, is set to expand its production capacity by 35-40% amid rising demand, especially from abroad, more

2 feb 2024

Bucharest’s Emerald medical center, part of Sofmedica group, which opened a second clinic in Iasi last year, bets on new clinic in Timisoara, specialized in neurology, cardiology and oncology, more

31 ian 2024

PET flakes plant Professional Recycle in Targu-Mures will triple its production capacity this year, following an investment of EUR20 million euros, its officials say. more

31 ian 2024

Travel agency Aerotravel, one of the largest in Romania, ended last year with gross sales of RON180 million, an increase of 28% on the previous year, its officials say. more

29 ian 2024

Boglar Champ, which cultivates mushrooms in the village of Nusfalau, Salaj County, ended last year with RON134 million (EUR27 million) revenue, up 20% on the previous year, and estimates a more

25 ian 2024

“Avram Iancu” International Airport in Cluj, Romania’s second largest, ended last year with 3.24 million passenger traffic, an increase of 23% year-on-year and three times the level of ten years more

25 ian 2024

Bookstore chain Carturesti ended last year with EUR75 million sales, an increase of 25% on the EUR60 million of 2022, its officials said. more

23 ian 2024

Patristrans VT Logistic in Apahida, Cluj County, a company that transports general freight by road, ended last year with RON50 million (about EUR10 million) revenue, up 10% from the previous year and more

22 ian 2024

Road freight carrier Dolo Trans Olimp (DTO), held by entrepreneur Cristian Dolofan, posted EUR97 million revenue in 2023 and expects 30% to 35% growth this year, its officials say. more

19 ian 2024

Passenger traffic on Romania’s airports reached 25 million people in 2023, an increase of 17% on the previous year, data from the Romanian Airport Association (AAR) show. more

17 ian 2024

The starch factory in Medgidia, which Turkey’s Tosmur Group opened in 2022, posted EUR98 million revenue in 2023 and is expecting a 10% increase in 2024, company officials say. more

16 ian 2024

Road freight carrier Criboser, based in Oradea, brings about 80 to 100 trucks with food, flowers and medicines in Romania every week, while sending 20 trucks abroad from Romania and the rest from more

16 ian 2024

Farmacia Tei pharmacy chain will add new stores in Brasov, Craiova, Bucharest’s Sector 4 and Focsani along with Bebe Tei, its officials say. more