11.15.2024

IAR Brasov (IARV.RO), which manufactures and repairs spare parts for helicopters, recorded RON15 million net profit in the first nine months of 2024, 58.7% below the level of the same period of 2023. more

11.05.2024

Hotel company ARO Palace Brasov (stock symbol: ARO), controlled by alternative investment fund Transilvania Investments Alliance (stock symbol: TRANSI), has called shareholders for a meeting on more

09.03.2024

The first Swissotel Hotel in Romania has opened in Poiana Brasov, its officials announced on LinkedIn. The hotel should have opened this spring, but work has only been completed recently. However, more

05.16.2024

Prices for old apartments in Brasov rose fast in April by 21% year-on-year to an average of EUR1,930/ square meter, while the average asking price for new apartments reached EUR2,053/ square meter, 8% more

04.15.2024

Fly Lili, held by German businessman Jürgen Andreas Faff, will start operating flights from Brasov-Ghimbav International Airport to Munich, Nuremberg, Stuttgart, Rome, Thessaloniki, and Istanbul from more

03.21.2024

IAR Brasov (stock symbol: IARV), which makes and repairs spare parts for helicopters, has called its shareholders for an April 26 meeting to vote on approving the distribution of RON11.7 million more

03.06.2024

Construction company Aktor, a member of the Intrakat Group, has officially started drilling works at the first tunnel (Ormeniş) on the Apaţa-Caţa section of the Brasov – Sighisoara railway. more

02.29.2024

IAR Brasov (IARV.RO), which makes and repairs spare parts for helicopters, reported net profit of RON24 million for 2023, up 69.5% from RON14.2 million in 2022, as per the company's preliminary more

02.27.2024

Aro-Palace (ARO.RO), the company that manages two hotels in Brasov, reported net profit of RON35.2 million for 2023, compared to a loss of RON708,200 in 2022, and revenue of RON80.5 million, up 125% more

01.29.2024

Airline Fly Lili, controlled by German businessman Jürgen Andreas Faff, will start operating flights from the Brasov-Ghimbav International Airport in June 2024. more

01.10.2024

This year's ski season, which started earlier than last year, when it snowed as late as February, could bring growth for the hotel business in Poiana Brasov. more

12.14.2023

Accor, one of the world’s largest hotel group, has announced the opening of Swissôtel in Poiana Brasov starting 2024. more

12.12.2023

Claudiu Aron, one of the largest hotel owners in Romania, known for the Alpin hotel complex located in the mountain resort of Poiana Brasov, says this year's trend was upward and the hotel is expected more

12.05.2023

Kempinski, Europe's oldest luxury hotel group, will be opening its first hotel in Romania, under the Kempinski brand, based on a partnership concluded with Rock Development Holding, one of the most more

11.15.2023

Romanian state-run aircraft repair and maintenance company IAR Brasov registered RON360 million turnover in the first nine months of 2023, from RON226 million in the year-earlier period, while net more

10.31.2023

Airline Dan Air has announced it will cease operations on the Brasov Airport and move to Bacau, as a result of the decision of the Brasov Airport to delay extending the opening hours for January 2024. more

09.04.2023

Hungarian low-cost carrier Wizz Air has launched the second route operated from the Brasov-Ghimbav International Airport, towards Dortmund. more

08.31.2023

Romanian state-run aircraft repair and maintenance company IAR Brasov reported RON286 million turnover in the first half of 2023, up 44% from the year-earlier period, while net profit doubled to RON35 more

08.09.2023

Real estate development company Rock Development Holding will invest EUR70 million in the development of the first five-star hotel project in Poiana Brasov. The new luxury project will consist of a more

06.16.2023

Brasov-Ghimbav International Airport, the only international airport built in Romania from scratch in the last 50 years, officially opened for flights on Thursday, June 15 with a flight operated by more

06.14.2023

Sennheiser International Manufacturing GMBH, the Romanian branch of German headphones and audio systems manufacturer Sennheiser, posted RON322.6 million revenue in 2022, almost RON1 million more than more

05.29.2023

Brasov will in the coming years add four hotels with a total of 600 rooms, due to be opened under international brands AC Marriott, Double Tree by Hilton and ibis Styles. more

05.24.2023

Lödige Industries, one of the world's leading suppliers of logistics systems and lifting solutions, is expanding its capacities at its factory in Brasov (central Romania), aiming to almost double the more

05.15.2023

Romanian state-run aircraft repair and maintenance company IAR Brasov in the first quarter of this year registered turnover worth RON130 million, against RON96 million in the same period of 2022, more

04.20.2023

Brasov has become the biggest regional residential market in Romania after Bucharest-Ilfov and ahead of Timisoara and Cluj-Napoca in the first quarter of this year, real estate consultant SVN Romania more