11.25.2024

Craiova-based Ford Otosan plant in October hit an all-time production level, with more than 27,600 cars assembled in a single month, in line with ACAROM data. more

09.19.2024

The Tei Group, made up of Farmacia Tei and Bebe Tei, has opened new stores in Dolj County, in ElectroPutere Mall in Craiova, an investment that is part of the plan to expand outside Bucharest. more

08.19.2024

Avioane Craiova, an aircraft manufacturer controlled by the Romanian state, in H1/2024 registered total revenues worth RON74.4 million, almost three times higher than in the same period of last year. more

08.02.2024

Sphera Franchise Group (SFG.RO), the company that manages KFC, Taco Bell and Pizza Hut restaurants locally, continues the development of its restaurant portfolio with the opening of the first KFC more

07.16.2024

Private medical service network MedLife continues expansion of its mental health center chain MindCare with a new such facility in Craiova, after those in Bucharest and Constanta. more

06.12.2024

Retailer Leroy Merlin has completed the relocation of Craiova store, which will be opened on June 19 in the same shopping center Electroputere Park, to a 14,750-sqm space, 16% bigger than the previous more

05.07.2024

Infinity Capital Investments, one of the five financial investment companies listed on the Bucharest Stock Exchange, wants to sell the 77% stake it holds in Constructii Feroviare Craiova, with the more

01.18.2024

Tei Group, which owns Farmacia Tei and Bebe Tei retail chains, has rented about 2,400 square meters in ElectroPutere Mall in Craiova, held by France’s Catinvest. more

01.15.2024

Romanian lender Banca Transilvania grants financing of almost EUR32 million to Craiova-based Softronic, Eastern Europe’s sole producer of electric multiple unit trains and electric locomotives, for more

01.09.2024

Romanian state-run aircraft maker Avioane Craiova (AVIO.RO) has called shareholders to decide on extending by six months the contracting of a credit facility under the form of a bank guarantee letter more

12.08.2023

Foraj Sonde Craiova, a local drilling company for the oil and gas industry, controlled by Valentin Cristescu (68.5%) and Emil Cristescu (26.3%), announced it sealed a RON146 million contract VAT not more

10.24.2023

Ford Otosan has officially started the production of Courier models at its plant in Craiova on Tuesday (October 24), being the first new models produced since the plant was taken over in summer 2022 more

10.18.2023

Clothing retailer Modivo, part of the Polish CCC group, which owns the footwear brand of the same name, epantofi stores and HalfPrice, a low-cost fashion retailer active in the outlet segment, has more

10.11.2023

On October 24, the Fort Otosan Craiova plant will officially start producing the new Transit and Tourneo Courier model beside Puma. more

05.10.2023

The increase in production capacity at Ford Otosan’s plant in Craiova from 250,000 to 272,000 units, along with the start of production of the new Transit Courier and Tourneo Courier with both more

04.20.2023

Developer NEPI Rockcastle plans to open the Promenada Craiova mall in October 2023, following a more than EUR125 million investment. The mall will include more than 150 stores. more

11.25.2022

Sphere Franchise Group, the operator of the KFC, Pizza Hut and Taco Bell franchises in Romania, Italy and the Republic of Moldova, has opened a new Taco Bell restaurant in Electroputere Mall Craiova more

07.15.2022

Pharmaceuticals group A&D Pharma – Dr.Max Group has leased over 5,000 square meters within the CTPark Craiova East industrial park, in a new building due to be completed by the end of 2022. more

05.18.2022

French real estate group Catinvest has completed the second phase of the Electroputere Parc development and it will soon finalize expansion works on the Electroputere Mall which will enable the more

05.18.2022

Healthcare for 1.9 million people living in south-western Romania will be transformed following construction of a new regional hospital in Craiova backed by a 368 million Euro long-term EIB loan. more

12.20.2021

Ford’s assembly facility in Craiova has produced one million vehicles between 2009 and 2021, in the amount of EUR18 billion, of which over 95% went to export, in line with calculations by Ziarul more

12.17.2021

Ford Romania on Friday revealed the one millionth vehicle manufactured at its Craiova assembly facility, which is a Puma ST-Line in Desert Island Blue, powered by a 155 PS EcoBoost Hybrid engine. more

12.13.2021

Dacia Mioveni şi Ford Craiova, the two car plants in Romania, manufactured 379,952 vehicles in the first eleven months of 2021, fewer by 6.11% than 404.699 units in the same period of 2020, data from more

11.15.2021

After years of being overshadowed by major retail developments in centers such as Cluj, Iasi, Timisoara or Constanta, Craiova is readying for two new major retail projects to become a new regional more

10.25.2021

Craiova-based Softronic, the only factory in Eastern Europe manufacturing electric frames and locomotives, owned by four Romanian entrepreneurs, has contracted financing of EUR4.5 million from lender more