29 nov 2024

Russian cybersecurity solutions provider Kaspersky decided on September 1 to close its company in Romania, which it had established 16 years previously, according to a document published in the more

19 nov 2024

Arad-based electronic components manufacturer Systronics, held by Swiss group Cicor, posted RON431.3 million (EUR87.2 million) revenue in 2023, down slightly from the previous year’s RON435.2 more

13 nov 2024

Lidas, a company held by entrepreneur Elena Anastase, which owns an industrial bakery in Mineri, Tulcea County, and its own network of stores, posted RON163.5 million (EUR33 million) revenue in 2023, more

6 nov 2024

Cake shop chain Damarin is investing EUR500,000 in a chocolate product lab, a project that will allow the company to expand beyond Craiova. Bucharest is the first target. more

4 nov 2024

Focsani-based textile manufacturer Pandora Prod, owned by the Simiz family, posted RON292.2 million (more than EUR59 million) revenue in 2023, up almost 35% from the previous year’s RON216.6 million more

4 sep 2024

Romania public sector registered a job boom in 2024, with almost 20,000 jobs put on the market since the start of the year. more

27 aug 2024

Local paver manufacturer Elis Pavaje of Alba county has this year started to expand the plant it has near Ploiesti, in Stoenesti locality, and plans to build a new plant in Olt county. more

26 iul 2024

Car parts producer Preh Romania, a supplier to Porsche, Mercedes or Tesla, in 2023 registered turnover worth RON1.388 billion (EUR280.7 million), slightly up, by 0.65% from 2022, in line with ZF more

26 iun 2024

Telekom Romania Mobile, ranking fourth on the local mobile telephony market, a company owned by groups OTE (Greece) and Deutsche Telekom (Germany), has become an exclusive telecommunications partner more

6 iun 2024

Horse Romania, the local unit of HORSE Powertrain Limited, has started manufacturing the HR12 1.2-litre gasoline engine for the new Duster III. more

29 mai 2024

Sphera Franchise Group, the company that manages KFC, Taco Bell and Pizza Hut restaurants locally, plans to open six units this year and go beyond the 170-unit threshold in the restaurant portfolio, more

9 mai 2024

Early Game Ventures on April 25 finalized the necessary documents for the official launch of its second investment fund, with a total value of EUR60 million, the firm said in a press release. more

17 apr 2024

GLS General Logistics Systems Romania, part of the group of the same name, held by UK’s Royal Mail, posted RON365.4 million (EUR73.9 million) revenue in 2023, up 5.5% compared with the previous more

5 apr 2024

Investment fund GapMinder II has led a EUR2 million funding round in Genezio, a startup co-founded by Andrei Pitis, announced Dan Mihaescu, a founding partner at the fund. more

12 mar 2024

Constructii Erbasu, one of Romania’s largest construction firms, controlled by entrepreneur Cristian Erbasu, in association with Terra Gaz Construct, owned by brothers Traian and Alexandru Bunea, more

22 feb 2024

Turkey’s Karsan Otomotiv Sanayi Ve Ticaret A.S. has gained a contract worth RON64.2 million (around EUR13 million) with Satu Mare city hall for the delivery of 17 electric buses and the associated more

8 feb 2024

81% of participants in the latest survey carried out by eJobs.ro stated they have recruitment plans for 2024, and 65% of them have already started them. more

10 nov 2023

Farmland operator Holde Agri Invest (HAI.RO) on Friday notified the Bucharest Stock Exchange on the details of its capital increase to be conducted in November and December, which it intends to use to more

8 nov 2023

Timisoara-based SpyShop SRL, which operates spy-shop.ro, one of the largest online security system stores in Romania, expects to see sales up three times during the Black Friday campaign, which it more

6 iun 2023

Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, remained flat at the start of June at more

11 mai 2023

Metaplast, a manufacturer of plastic parts for the automotive industry, part of group of firms MEN Industry Group owned by Romanian entrepreneur Jean Drugescu, in 2022 registered turnover worth more

24 mar 2023

DN Agrar Group, a Dutch-held group of firms operating in the fields of animal husbandry, farm production, farming services, logistics, transportation, tourism and advisory services, plans to develop more

17 mar 2023

The Bucharest National Airport Company (CNAB) has completed works for the modernization of hold baggage processing equipment in the arrivals area of Henri Coanda International Airport. more

14 mar 2023

Romania’s hotel market boasted an accelerated recovery in 2022 and the tendency is set to continue in 2023 as well. Bucharest registered much more intense tourism activity, which reached more

10 mar 2023

Net investments carried out in the Romanian economy totaled RON150098.8 million in 2022, up 8.5% against 2021, in line with data the country’s statistics board INS published on Friday. more