11.29.2024

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

11.20.2024

Amazon is closing its Machine Learning department in Romania, a decision that will affect 400 employees, says marketing, management and business consultant Doru Supeala, citing an official statement more

09.12.2024

eSky.ro, the Polish group's platform operating on the local market, is managed by the eSky Travel Search company, which is to be closed, and the platform will be operated by a legal entity in Poland. more

06.14.2024

Lactalis Romania group has started the procedures to close the plant in Miercurea Ciuc it got together with Covalact in 2016, but announced investments in the remaining facilities – Oiejdea, Alba more

05.23.2024

Italian group Artsana, which manufactures children's textiles in Botosani under brands such as Chicco and Prenatal, is planning to close its factory in Romania, market sources told ZF. more

05.16.2024

Video game publisher and developer Gameloft Romania has announced the closure of its studio in Cluj, which employs 136 people. The Cluj studio opened in 2010. more

05.02.2024

Leoni Group, which produces wiring harnesses for the automotive industry and employs 12,000 people in several factories in Romania, has announced that it will close its factory in Ludus, Mures County. more

03.21.2024

French-held Carrefour group is closing half of the convenience stores it got when it bought rival Cora’s operations in Romania, that is four of eight. more

09.07.2023

Yazaki Group, one of the largest automotive component suppliers, on Thursday announced it would adjust production capacity given the current situation of the global market, where the electrification more

03.01.2022

The Zara store on the ground floor of the Unirea Shopping Center in the heart of Bucharest has been closed due to a decrease in foot traffic in the area and therefore in sales. more

01.11.2022

The Gucci boutique in Bucharest, operated as a franchise by the Calagiu family of local entrepreneurs, has put up the shutters, which means the luxury brand's exit from the Romanian market after more more

07.22.2021

French-Belgian retailer Cora has recently closed its hypermarket in Baia Mare, keeping only ten such stores in Romania. This is the second time the network has closed a hypermarket in the country more

06.11.2021

German automotive group Continental will be shutting down its ContiTech factory in Nadab, Arad county in western Romania, and will relocate production to Carei, Satu Mare in northern Romania. more

06.09.2021

Italy’s fashion group Calzedonia has closed its Romanian plant which employed 400 people. more

04.09.2021

The pandemic dealt a serious blow to the exercise industry in 2020, when the entire market shrank by 40% to 50%, and 10% of the companies in this business did not make it, the representatives of more

01.15.2021

Spain’s fashion group Inditex, which operates via eight brands in Romania, has closed the Bershka and Pull & Bear stores on the ground floor of the Unirea Shopping Center in downtown Bucharest due more

11.23.2020

Banks operating in Romania had 3,879 branches and offices, while the number of employees went down to 52,757 in the first nine months, Romania’s central bank data show. more

04.02.2020

Austrian furniture and home decor retailer XXXLutz, with annual sales of EUR4.65 billion, announced Thursday it was temporarily closing its mömax stores in Timisoara and Oradea due to the Covid-19 more

03.24.2020

The major shopping centers closed on Monday, after the authorities issued a decree over the weekend requiring them to do so, in order to contain the spread of the coronavirus since they are places more

11.01.2019

Car parts and other automotive product retail chain Norauto, held by the French Mulliez family, is leaving Romania after having closed all its stores, ZF has found. more

03.27.2019

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02.18.2019

Romania, one of the leading manufacturers of apparel and footwear in Europe and even in the world, has become too expensive a destination for some actors in the industry, even though the average wage more

02.14.2019

Hanes Global Supply Chain Romania, formerly Rosko Textil, has closed the plant it had in Arad-Curtici Free Trade Zone, market sources say. more

02.13.2019

Swiss-held footwear manufacturer Rieker closes plants in Romania will cease manufacturing operations in Romania and will close the plants in Lugoj, Timis, this spring, the territorial office of the more

12.11.2018

The difficult situation of the major automakers in Germany, the main customers of the automotive component plants in Romania is making an impact on the automotive component industry: SEWS (wiring) more