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

Kangoopack, an Alba Iulia-based company providing integrated packaging solutions, founded and controlled by entrepreneur Mariel Petric, wants to make investments to boost production capacity and is in 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

08.12.2022

Canadian coffee shop chain Tim Hortons has posted its first job ads for Romania, a move that could indicate the group is preparing to arrive in the country. more

08.09.2022

Luxury jewelry store chain Teilor, with bonds listed on the Bucharest Stock Exchange, is further expanding in Hungary by opening its third store in Budapest and reaches a 62-unit network in five 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

07.27.2022

Luxury jewelry store chain TEILOR, with bonds listed on the Bucharest Stock Exchange, has oened its first store in the Czech Republic, in the Westfield Chodov shopping center of Prague. more

07.26.2022

BlackCab, a provider of alternative transport services in Bucharest, Timisoara, Cluj and Constanta, plans to expand its services to other cities of Romania. more

07.26.2022

Alex Bratu, country manager at JYSK Romania and Bulgaria, one of the biggest furniture and home décor retailers locally, says the company plans to open four more stores by yearend beside the 12 more

07.25.2022

Regional pharmacy chain Minifarm topped RON250 million turnover in 2021, after a 14% increase on the year. more

07.21.2022

Hervis, a major player in sporting goods retail, with a network of around 40 units, has refurbished two stores since the start of 2022 and is remodeling a third one. The company is also due to open a more

07.20.2022

SII Romania, specialized in IT services and solutions, ended fiscal year April 2021-March 2022 with EUR19 million turnover, up 48% from the previous period, according to the company’s officials. more

07.20.2022

Bucharest’s Radisson Blu Hotel will have 200 additional rooms by end-2023, so that the entire compound made up of Radisson Blu and Park Inn by Radisson Hotel & Residence Bucharest will comprise more

07.19.2022

Mayr-Melnhof, a major player on Romania’s packaging production market, is investing to expand its production capacity and warehousing spaces in Ploiesti. The company has an over EUR10 million budget more

07.18.2022

French DIY retailer Leroy Merlin has a cautious investment strategy for the coming period, given the current economic context, but is focusing on expanding its store network now comprising 20 units. more

07.18.2022

Polish discounter Pepco has reached a 285-unit network in Romania, making the local market the second most important for the retailer after the country of origin, Poland. more

07.12.2022

Biodegradable paper shopping bag manufacturer Exonia seeks to get EUR10 million worth of equity investments, governmental funds and bank loans in the next two years, to fuel its investments in more