01.25.2023

Software developer OVES Enterprise saw turnover top EUR6 million in 2022 and for the current year its officials expect turnover to double amid the rising number of projects in the financial and more

12.22.2022

In 2022, SHC group of restaurants will generate turnover worth RON50 million (EUR10 million), 30% above the 2019 level. more

12.15.2022

Minifarm pharmacy chain, which has opened units in Tulcea and Constanta counties, estimates it will end 2022 with 27% higher turnover and thus reach RON317 million, in line with the company’s more

12.07.2022

Mediapost Hit Mail group, controlled by a subsidiary of the French Post, expects to generate EUR55 million turnover this year, from EUR47 million last year. more

11.29.2022

Learning platform Adservio, developed 14 years ago in Iasi, plans to double turnover and expand to new foreign markets in 2023, according to Alexandru Holicov, founder and CEO of Adservio. more

11.10.2022

2022 has been a good year for footwear retailer Benvenuti, with sales expected to top 2019 level, of RON132 million, by around 10%. more

11.10.2022

Transport and logistics company SLS Cargo wants to expand internationally, both with offices and own warehouses, with Bulgaria as one of the targeted markets. more

10.11.2022

Luxury jewelry chain Teilor is expanding further in Poland by opening a new store, in Poznan, thus reaching a 63-unit network in five countries of Central and Eastern Europe. more

10.05.2022

Software services company Qualysoft Romania, part of the Austrian group of the same name, ended 2021 with turnover of above EUR3 million, up around 95% on the year and expects over 65% turnover growth more

09.20.2022

Dan Pastiu, founder of fast-food restaurant chain Dabo Doner, says there are requests for the opening of new units under franchise by partners, but he’s trying to limit development because of the more

09.14.2022

Luxury jewelry chain Teilor, present in ECE, for the first six months of 2022 reported RON124 million sales on Romania’s market, up 44% from the year-earlier period. more

09.08.2022

Romanian wine producer Crama Liliac, owned by amb Wine Company, expects turnover to rise 10% this year, after 2021 was the best year for the company, bringing EUR1.7 million turnover, said Miron more

09.05.2022

SafeTech Innovations, a Romanian cybersecurity company listed on the AeRO market of the Bucharest Stock Exchange, for 1H/2022 reported total revenues worth RON15.3 million, up 16% from the more

09.01.2022

E-commerce solutions provider Blugento is readying for international expansion and plans to open its first office of Western Europe in 2023, according to Vlad Stanescu, Blugento CEO and co-founder. more

08.30.2022

Romanian software development company TARA Interactive plans to open an office in the Netherlands or Germany by yearend as projects abroad weigh 70% in its turnover, which hit RON4 million last year, more

08.26.2022

MedLife, the leader of Romania’s healthcare market, in the first half of this year recorded consolidated turnover worth RON860 million, up 27% from 1H/2021, on the organic growth of business lines more

08.26.2022

Kosarom group, founded by Neculai Apostol, expects turnover to reach EUR80 million this year, from 2021’s level of EUR75 million. more

08.25.2022

Optical stores Lensa in the first six months of 2022 posted sales of RON58 million (EUR11.7 million), including the online platform, up 68% from RON34 million (EUR6.9 million) in the same period of more

08.22.2022

Romanian software company Encorsa, set up in 2019 by Romanian entrepreneurs Razvan Gabriel Ogrezeanu, Radu Margarit and Catalin Profir, expects turnover to reach EUR1 million (around RON4.8 million) more

08.22.2022

Shaormeria Baneasa, a shawarma restaurant chain founded in 2021, has almost doubled its network since early 2022, heading toward 30 units. more

08.05.2022

Romanian massage chair retailer Komoder will enter Austria’s market in September with a new showroom in Vienna, after having recently opened a showroom in Malaga, Spain. more

08.05.2022

Bucharest’s Royal Hospital, founded by gynecologist Ioan Stoian, has budgeted 15-20% higher turnover for 2022 and will add two floors next year, according to its officials. more

08.01.2022

Alexandru Soacate, deputy CEO of retailer Annabella, says the company has opened two units so far in 2022, but it wants to step up the pace and reach 10-15 opened units by yearend. more

07.28.2022

Serban Radu, one of the two stakeholders in bookstore chain Carturesti, says the company has an almost EUR1 million budget for expansion. more

07.28.2022

Coffee shop chain 5 to go, which has reached 400 units, will end 2022 with EUR25 million, according to its founder, Radu Savopol. The 2022 figure is almost double the 2021 level. more