03.21.2023

Romanian state-run aircraft repair and maintenance company IAR Brasov (IARV.RO) has proposed the distribution of dividends in the amount of RON5.3 million from the 2022 net profit worth RON14.2 more

03.13.2023

The Brasov City Hall has accessed a European project worth over RON25 million (EUR5 million), within the National Recovery and Resilience Plan, targeting the construction of 60 housing units for more

02.28.2023

Romanian state-run aircraft repair and maintenance company IAR Brasov (IARV.RO) reported preliminary net profit of RON14.2 million for 2022, lower by 39.55% than the net result reported for 2021, amid more

11.22.2022

Diehl Controls, a German manufacturer of components for household appliances, will invest around EUR40 million over the next ten years in an R&D center and production facility to be developed in more

10.26.2022

Urban Invest, the developer of the Urban Plaza mixed-use project in Brasov, will invest EUR25 million in building the first hotel to operate under the AC Marriott brand in Romania. more

09.27.2022

The new five-star Radisson Blu Aurum hotel in Brasov (central Romania) will be inaugurated on October 16 following an investment of EUR16.3 million, almost EUR3 million above the amount initially more

09.01.2022

Romanian state-run aircraft repair and maintenance company IAR Brasov (IARV.RO) reported RON18.9 million net profit for the first six months of this year, down 4.7% from 1H/2021. more

08.25.2022

Romanian electrical components manufacturer Romradiatoare Brasov, a company whose shareholding structure includes football coach Mircea Lucescu, in the first six months of this year posted net losses more

05.30.2022

Nordis Group, a real estate developer of premium hotel and residential complexes, has started construction works at the five-star Nordis Brasov 5 complex, with an investment estimated at EUR26.4 more

04.07.2022

Dental clinic network Dr. Leahu, which has a bond issue listed as DRL22 on the Bucharest Stock Exchange, has announced the opening of its 18th clinic on April 9. more

03.18.2022

Healthcare network Regina Maria has invested over EUR15 million in Brasov county over the past ten years. more

02.03.2022

Hilton hotel chain confirmed on Thursday (Feb 3) significant expansions to its DoubleTree by Hilton portfolio, with the announcement of six new European hotels in Italy, France, Romania, Hungary, the more

01.20.2022

Certion Property Developers, founded in 2015 by Catalin Scripcaru, Cezar Ionescu and Bogdan Caruntu, is developing, on the Romanian seaside, five real estate projects in the form of aparthotels, with more

01.12.2022

Laura Ursu, general manager of Ana Hotels Poiana Brasov, says the company wants to reach 85% of 2019 turnover in 2022. more

01.10.2022

Schaeffler Romania, the local subsidiary of the Germany’s Schaeffler, has completed investments of over EUR800 million since the start of production in 2004 and has become one of the most important more

12.08.2021

The Rina Tirol and Rina Vista hotels in Poiana Brasov Mountain resort, closed almost six years ago, were sold by the judicial liquidator for over EUR4 million and the new owners target investments to more

11.16.2021

Hotel consultancy and valuation company Horwath HTL has valued the Nordis Brasov project and estimates a market value of more than EUR40 million after the hotel opens in November 2023 more

11.15.2021

Romanian state-run aircraft repair and maintenance company IAR Brasov (IARV.RO) on Monday said it ended the first nine months of 2021 with a net profit of RON22.9 million, up 20% on the year, and a more

11.11.2021

MedLife Group (M.RO), the leader of the private medical services market in Romania, announced in a stock market report on Thursday the resumption of the acquisition process of OncoCard Hospital more

11.11.2021

Radisson Blu Brasov hotel, developed by RaRa Hotels, part of RaRa Group controlled by Ramona Neamtu and Razvan Neamtu, is set to open in the first quarter of 2021, according to the hotel’s more

11.09.2021

A new hotel of the Double Tree chain will open in Brasov in 2023. The hotel will have a capacity of 150 rooms and require EUR21 million investment, Mircea Draghici, managing director of ESH more

10.28.2021

Romanian electrical components manufacturer Romradiatoare Brasov (RRD.RO) on Thursday said it switched to a net profit of RON1.4 million in the first nine months of 2021 from RON567,000 loss in the more

10.21.2021

Romanian state-run aircraft repair and maintenance company IAR Brasov (IARV.RO) announced in a stock market report that the company’s shareholders approved at their meeting on Thursday (October 21) more

09.22.2021

Dedeman, Leroy Merlin, MAM Bricolaj, Brick Romania are just a few of the DIY retailers to announce they’ve put Brasov on their expansion list for the coming period. more

08.31.2021

Romanian state-run aircraft repair and maintenance company IAR Brasov (IARV.RO) for the first six months of 2021 reported net profit worth RON18.2 million, almost 19% higher against the year-earlier more