25 apr 2017

Rolling stock manufacturer Astra Rail Industries, which owns Astra Vagoane Arad, Romvag (Caracal) and Meva (Turnu Severin) railroad car plants in business for more than 100 years, ended last year with more

11 apr 2017

Continental Hotels revenue went up 16% in the first quarter compared with the year-ago period and spending increased, as well, due to the minimum wage hike and the lump sum tax, says owner Radu more

7 apr 2017

Entrepreneur Dragos Petrescu, one of the most powerful entrepreneurs in Romania’s restaurant industry, who owns the City Grill group, says he brings 200 employees from places near Bucharest, such as more

4 apr 2017

The first quarter this year was much better than first quarter of 2016 for private healthcare provider Regina Maria, with preliminary results indicating growth of 49%, says chief executive officer more

3 apr 2017

Belladonna retail pharmacy chain held by Romanian entrepreneurs Florin and Alina-Nicoleta Gheorghita opened three new pharmacies in Bucharest in March for a total of 97 and is considering opening some more

8 mar 2017

Touring Europabus Romania, the company held by Dragos Anastasiu, which owns travel agency networks Eurolines and TUI Travel Center, ended last year with EUR90 million revenue, an increase of 19% on more

2 mar 2017

ANA Hotels, the operator of the all tourism businesses of entrepreneur George Copos, ended 2016 with EUR31.5 million revenue, an increase of 9.6% on 2015, which makes it the biggest hotel company in more

17 feb 2017

ArcelorMittal Galati, the largest steel mill in Romania, last year kept production at 2 million tons a year, the same as in the previous two years and its chief executive hopes to be able to do the more

16 feb 2017

Whereas all rolling stock from locomotives, subway trains, buses and street cars in service in Romania used to be made in Romania before the fall of the communist regime, now only a handful of more

6 feb 2017

Farmacia Tei, a company held by entrepreneur Roxana Maftei, expects to see more than EUR54 million sales this year and plans to open a new retail pharmacy in the sector six of Bucharest, which more

2 feb 2017

Henri Coanda (Otopeni) International Airport, the main gateway into Romania by air, served almost 11 million passengers last year, an increase of 18% on the previous year to a new record high. more

31 ian 2017

The personnel shortage both entrepreneurs and managers of foreign companies are facing could be solved if the authorities made it easier for migrants from non-EU countries to reach Romania’s labor more

26 ian 2017

Carturesti bookstore chain has grown to 21 stores, eight of which in Bucharest and the rest in other parts of the country. Its best bookstores are Carturesti Verona and Carturesti Carusel both of them more

25 ian 2017

FAN Courier has budgeted growth in revenue by 10% to 15% for this year, says Adrian Mihai, one of its founders and shareholders. There is still room for growth on the courier service market because of more

20 ian 2017

A number of 60 million drug packs leave the plant of pharmaceutical producer Antibiotice Iasi annually, 35% to 40% of which topical products (creams, ointments, gels), says chief executive Ioan Nani, more

16 ian 2017

Swiss-held Alu Menziken, part of industry group Montana Tech Components AG, will make a 200 million lei (EUR45 million) investment in an aerospace and automotive aluminum extrusion plant in Mediesu more

11 ian 2017

Low-cost airlines Wizz Air and Blue Air and flagship carrier Tarom are the top three airlines in Romania, having carried 11.5 million passengers last year, or 72% of those that traveled by plane, ZF more

10 ian 2017

Belladonna retail pharmacy chain, held by Romanian entrepreneurs Florin and Alina-Nicoleta Gheorghita, ended 2016 with about 220 million lei (EUR49 million) sales, flat on 2015, generated by 94 more

6 ian 2017

Industrialist Valer Blidar, who owns Astra Vagoane Calatori rolling stock plant in the western Romanian city of Arad, is entering rail passenger transport business, after having built a six-car train more

22 dec 2016

Two deals where buyers were US companies marked the industrial sector in 2016, a year with few greenfield investments, supported by state aid, as well as promises of new investments, also supported by more

9 dec 2016

Ziarul Financiar continues its year-in-review series with the private healthcare market. more

8 dec 2016

Ziarul Financiar’s year-in-review series continues in the tourism industry, which saw two travel agencies go insolvent, the low-cost airlines expanding into domestic routes, the firing of the more

6 dec 2016

Sanador, one of the largest private healthcare providers in Romania, has several budget scenarios prepared for 2017, development director Florin Andronescu says, but will wait and see the outcome of more

5 dec 2016

Private healthcare network Gral Medical of Romanian entrepreneur Robert Serban is aiming for 20% higher revenue next year, following the opening of new clinics and an increase in the sales of the more

29 nov 2016

Businessman George Copos, owner of ANA Hotels, plans to invest EUR30 million in upgrading his hotels in Bucharest and those in mountain and seaside resorts over the next three to four years, after more