07.15.2014

Investment fund Advent sold its 84.88% stake in Romanian brick manufacturer Ceramica Iasi (CERE.RO) to an investment fund registered in Hong Kong, in a transaction estimated at over EUR10 million. more

06.26.2014

Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) will extend by one year its 60 million lei (some EUR13 million) credit line signed with EximBank in July 2013, according to a shareholders’ more

05.22.2014

The share capital of Romanian steel pipes maker ArcelorMittal Tubular Products Iasi (TPRO.RO) was raised by 81.5 million lei (EUR18.4 million), from RON6.5 million to RON88 million. more

05.14.2014

MedLife, Romania's largest private medical services provider, opened a hyper-clinic in Iasi, northeastern Romania, its eleventh in the country, following a EUR1.1 million investment, the company said more

05.05.2014

The judicial administrator of poultry meat producer Avicola Iasi, insolvent since 2010, has failed to find a buyer for the company's assets after 21 attempts to auction them off. more

05.01.2014

Antibiotice Iasi (ATB.RO) plans to boost revenue by stepping up exports and launching new products. The company ranks 11th among the biggest players on the Romanian pharmaceutical market. more

02.27.2014

Hilton Worldwide Thursday said it reached an agreement to open its first hotel in northeastern city of Iasi, reaching a total 12 units which already operate or are under development in Romania. more

12.29.2013

Health Ministry-owned drug producer Antibiotice Iasi (ATB.RO) estimates this year's exports to amount to more than $26 million or 30% of its total sales. more

10.15.2013

Centric IT Solutions Romania, the local division of Dutch software solutions provider Centric IT Solutions, has extended by another 1,200 square meters the office space rented out in United Business more

10.03.2013

The shares of drug producers Antibiotice Iasi (ATB.RO) and Biofarm Bucuresti (BIO.RO) generated over 50% profits in the past year, including the dividends paid to shareholders, which makes them some more

09.23.2013

Romania’s state-run drugmaker Antibiotice Iasi can grow to become a player in the region, but with support from an investor and improved legislation, the company’s general manager Ioan Nani said more

09.20.2013

The main works on the natural gas pipeline linking Romanian northeastern city of Iasi to Ungheni locality in neighboring Republic of Moldova will be completed by the date agreed with the authorities, more

08.06.2013

Sales of Romanian state-run drug maker Antibiotice Iasi (ATB.RO) declined 4% in the first half of the year, to RON141.8 million (EUR32.3 million), and its net profit dropped 37%, to RON16.1 million more

06.26.2013

Shopping and office center Palas Iasi, owned by businessman Iulian Dascalu, had sales of around ERUR16 million in its first operating year, as its retail area is 97% filled and its office space area more

05.22.2013

The Romanian northeastern city of Iasi ranks 12th among 208 cities regarding the number of new retailers entering the market in 2012, according to a survey conducted by real estate consulting firm more

03.24.2013

Shareholders of Romanian steel pipes maker ArcelorMittal Tubular Products Iasi (TPRO.RO) will convene on April 24 for talks on dissolving the company. more

02.21.2013

Romanian realty developer Iulius Group, owned by businessman Iulian Dascalu, has attracted three new tenants to United Business Center, the office component of the group's Palas Iasi mixed more

10.23.2012

Israeli IT solutions and services provider Ness Technologies said Tuesday it has opened a development center in Iasi, northeastern Romania, as part of its Software Engineering Services (SES) global more

10.02.2012

German fashion retailer New Yorker will open its 25th store in Romania on Thursday, in shopping center Palas Mall Iasi, developed by Iulius Group. more

06.21.2012

Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) took two credit lines of EUR9.5 million and 8 million lei (EUR1.8 million) to finance its working capital, the company said in a statement sent more

05.31.2012

Romanian realty developer Iulius Group, owned by businessman Iulian Dascalu, will open Thursday multifunctional commercial compound Palas Iasi, following an investment of EUR265 million financed by more

05.28.2012

British fashion retailer New Look will open its seventh Romanian store at the end of May in shopping center Palas Iasi, which will be inaugurated by Iulius Group on May 31. more

05.25.2012

The mall inside the Palas Iasi (NE Romania) project, the largest real estate investment outside Bucharest, will open on May 31. The project, which started eight years ago via a repeatedly challenged more

05.02.2012

German shoe retailer Deichmann will open a store in shopping center Palas Mall Iasi on May 31, bringing its Romanian network to 52 units. more

03.29.2012

The mall in the Palas Iasi (NE Romania) project, part of an about EUR260 million investment, the largest outside Bucharest, will open on May 31, one month later than previously announced, Iulian more