11 feb 2021

Parcel delivery company Cargus posted growth of 20% in sales volume last year. Its investments in a warehouse, logistics and IT&C upgrades reached EUR11 million. more

8 feb 2021

Parcel delivery company DPD Romania, one of the largest on the local market, ended 2020 with more than EUR50 million revenue an increase of 30% on the about EUR35 million of 2019. more

5 feb 2021

Wizz Air, the largest airline in Romania by number of passengers, saw a 70% decline in the number of passengers carried to and from the country in 2020 to merely 3 million compared with more than 9 more

3 feb 2021

Bucharest’s hotel industry has been badly hurt by the crisis and one thing that shows it is the 17 for sale ads for hotels, according to real estate classifieds website imobiliare.ro, one of the more

19 ian 2021

Revenue of the luxury hotels in Romania halved to 57 million lei due to the pandemic in 2020, market research company Euromonitor data show. more

19 ian 2021

Logistics and parcel delivery company DHL Express Romania ended last year with double the e-commerce revenue compared with 2019. DHL Express Romania also posted growth of 20% in revenue, driven by more

14 ian 2021

The road transportation industry suffered as a result of the pandemic, as well as due to the new European regulations in 2020. It dropped 13% to 43.6 billion lei compared with 2019, according to ZF more

8 ian 2021

The Azoitei family (Forty Management – real estate), Stefan Cherciu (Pier Holding – Qfort windows), Cristian Pandel (Christian Tour – travel agencies) and Popic family (RMP Investment) gathered more

29 dec 2020

The courier industry has witnessed significant growth in the past decade, going from 875 million lei revenue in 2008 to more than RON4 billion ten years later, according to the National Statistics more

4 dec 2020

Mailing services company Pink Post expects growth of 10% in revenue year-on-year in 2020 and expanded its range of services so it also delivered cards for the customers of the banks it works with, more

19 nov 2020

While many hotels and other accommodation facilities used to be booked for winter holidays already at this time of the year, the pandemic took people’s joy of spending Christmas and New Year’s more

6 nov 2020

The eight hotels of the Continental Hotels chain may close as of December 15, says CEO and chairman Radu Enache. The decision comes amid a significant decline in the revenue of the hotel company. more

13 oct 2020

The top 20 hotel companies by revenue, which are based in Bucharest, posted 1.1 billion lei revenue in 2019, Trade Register Office data show. more

25 mai 2020

Out of the 59,000 companies which applied for funding via the IMM Invest program, 582 have already secured RON500 million, says Dumitru Nancu, general manager of the National Loan Guarantee Fund for more

11 mai 2020

Simtel, a company that deliveries renewable energy projects, plans to build 47 photovoltaic parks on the rooftops of some of the largest retailers in Romania – Dedeman, Penny Market and Mega Image, more

30 apr 2020

Romania’s electricity production is now balanced with consumption, which dropped by 22% as many companies stopped or reduced operations, says Viorel Tudose, owner of electricity supplier Getica 95. more

8 apr 2020

Construction sector growth of at least 10% could offset decline in the sectors affected by the current crisis by some 30% to 40%, because this industry accounts for 40% of the economy, directly and more

13 ian 2020

Sales of luxury cars saw their best year in a decade in 2019, as brands added SUVs and new sedans to their portfolios and the economy went through its eighth year of growth in a row. more

16 dec 2019

Startup FintechOS, which specializes in development of digital transformation solutions for the financial industry, expects EUR50 million to EUR100 million funding next year to support its growth more

23 oct 2019

Romania’s real estate market is living its best moment after the financial crisis, as bank interests are low and yields of office space projects, malls or even hotels are more attractive to more