02.08.2024

Romania's energy ministry has announced the relaunch of two calls for projects targeting investments in energy storage capacities (batteries) and photovoltaic panels and the total budget is EUR278 more

02.07.2024

The Board of Directors of the European Investment Bank (EIB) has approved EUR3.2 billion of new financing to support clean energy, transport, corporate research and development, and business more

02.07.2024

Alro Slatina, one of the largest vertically integrated aluminum producers in Europe by production capacity, has acquired an aluminum alloy electric furnace for plates aging from SECO-WARWICK, in a more

02.07.2024

Amer Sports Ro, part of Finnish-Chinese group Amer Sports, one of the world’s leading sportswear producers, is set to invest EUR6 million in 33,792-sqm production unit located in Eurobusiness II more

02.06.2024

Pehart Grup, one of Southeastern Europe’s largest paper producers, is set to enter the Away from Home product market, under Sovio brand, in the wake of an over EUR8 million investment in a new more

02.06.2024

Entrepreneur Marius Cristescu, who controls together with his brother Bega Turism, the largest tourism company in Timis county, plans to carry out another investment, put at EUR12 million, in an more

02.01.2024

Bihor-based builder Drum Asfalt, owned by Floare Petroi, in 2023 reached turnover worth around RON400 million, more than double the 2022 level. more

01.31.2024

Online retailer evoMAG, controlled by entrepreneur Mihai Patrascu, has budgeted investments worth around EUR0.5 million for the current year, flat from 2023, with a focus on boosting logistic activity more

01.26.2024

Luca Militello, the CEO of the privately owned Monza health group, along with his wife and other partners, is betting EUR500,000 on expanding the Sciccheria brand of Italian restaurants by opening a more

01.26.2024

Constructii Erbasu, a company owned by entrepreneur Cristian Erbasu, in 2023 earmarked around EUR12 million for investments, with part of the money being aimed at production expansion and another one more

01.25.2024

In 2023, the European Investment Bank Group signed new financing contracts for close to EUR88 billion for high-impact projects in EU policy priorities, including climate action, sustainable more

01.25.2024

Furniture producer Spectral Mobila has started building a logistic center near the plant it owns in Tutova, Vaslui county. more

01.23.2024

Greece’s PPC Group, which officially became the owner of all Enel companies in Romania in 2023, estimates Romania’s electricity demand will increase by 10% by 2030, which means additional more

01.23.2024

Brasov-based building materials wholesaler Temad in 2023 started designing a new 7,000-sqm logistic center in Bartolomeu area of Brasov, in which investments revolve around EUR5 million. more

01.22.2024

Barrier, a Bacau-based door and window manufacturer, owned by Garmacea family, plans to significantly expand its presence on international markets in 2023. more

01.22.2024

Furniture producer Spectral Mobila, which owns a plant near Barlad and a store network under the same name, is set to invest RON1 million to acquire furniture production machinery and transport more

01.19.2024

Aldis, one of the largest meat processors in Romania, plans to make a more than EUR20 million investment in boosting production capacity. The company submitted a RON103 million (over EUR20 million) more

01.17.2024

The starch factory in Medgidia, which Turkey’s Tosmur Group opened in 2022, posted EUR98 million revenue in 2023 and is expecting a 10% increase in 2024, company officials say. more

01.11.2024

Lidas, controlled by entrepreneur Elena Anastase, which owns a bakery plant in Mineri, Tulcea, as well as its own store network, has already hired 140 people for the new plant it is building in more

01.10.2024

Knauf Insulation, a company that is conducting a EUR130 million investment in construction material production in Romania, expects to open its new plant in Tarnaveni, Mures County, set to employ more more

01.10.2024

Draghici Dental group moved to industrial park Miroslava of Iasi county at the end of 2023 after an over EUR2.2 million investment project for a new dental technique lab, office spaces and training more

01.09.2024

Prahova-based Feruccio Com, controlled by businessman Ninel-Aurelian Alexandru, one of the eight companies in the processing industry that have signed a state aid contract, will build a precast more

01.08.2024

Egger Romania, part of the Austrian supplier of wood-based materials for furniture and interior design, construction and flooring Egger, has budgeted EUR25 million investments for this year to upgrade more

01.08.2024

Rondocarton, part of Austria’s Rondo Ganahl, one of the largest corrugated cardboard manufacturers in Romania, will end 2023 with EUR120-130 million turnover and expects a similar level for this more

12.28.2023

Exonia, a paper biodegradable packaging producer, plans to invest over EUR6 million in a plant in Galati county, with the company intending to submit a project to access funds via Just Transition more