01.19.2023

FAN Courier, the courier market leader, has budgeted investments of EUR20 million this year. more

01.19.2023

Alba-based building materials producer Florea Grup, which also operates in the tourism, energy and transport fields, in 2022 reported EUR60 million turnover and profit worth around EUR5 million. more

01.19.2023

Farmec, Romania’s biggest cosmetics producer, is planning investments meant to double its production capacity and sales, but for this project is looking at state aid for funding. more

01.18.2023

Romanian pharmaceutical producer Antibiotice Iasi has budgeted RON580 million revenues for 2023, up 11% year-on-year and RON42 million net profit, 10% higher than in 2022. more

01.18.2023

Mineral wool manufacturer Knauf Insulation, which is making an investment of more than EUR120 million in Mures County, increased its revenue in Romania by over 40% in 2022 compared with 2021. The more

01.18.2023

The Trident dental clinics in Bucharest generated RON20 million revenue in 2022, an increase of 34%, and the plans of entrepreneur Florin Lazarescu, a dentist by profession, are to boost the patient more

01.17.2023

Hidroelectrica, Romania's largest energy producer, will put several investment projects in several of its key units worth more than RON1 billion to a vote at a general meeting of shareholders in the more

01.16.2023

Eazy Asigurari, the first insurtech in Romania to recently receive the approval of the Financial Supervisory Authority (ASF), plans to invest EUR50 million over the next three years, with the main more

01.16.2023

The investors already active on the local real estate market are interested to consolidate their positions, but one can notice the absence of investors from a specific part of the world, says Mihnea more

01.12.2023

The volume of transactions with commercial real estate assets worth at least EUR5 million totaled around EUR1.25 billion in Romania in 2022, 40% more than in 2021, of which almost EUR600 million more

01.12.2023

Focsani-based packaging maker Electric, owned by Buzaianu family, plans to build a trash bag plant, an investment valued at EUR20 million, for which it is seeking a partner. more

01.11.2023

GreenWeee, a home appliance recycling company, part of the Green Group, will open a new plant to collect such waste in the first part of this year. more

01.10.2023

Romania’s finance ministry has signed three financing contracts worth over EUR260 million with the European Investment Bank (EIB) for the modernization of roads and the rehabilitation and expansion more

01.06.2023

Retailer Kaufland will open at least ten new stores and remodel ten others in 2023, thus continuing at the same pace as in the last three years, Kaufland Romania and Moldova CEO Marco Hoessl says. more

01.05.2023

Mirdatod Prod, the producer of Telemeaua de Ibanesti brand, will continue to use this brand and will shortly expand its production capacity to meet international market demand, according to Nicu Aurel more

12.30.2022

In 2022, Romania’s finance ministry has approved financial state aid worth RON2.8 billion for 65 investment projects that will generate more than 9,500 new jobs, the ministry announced on Friday more

12.19.2022

Ferenc Szecsko, CEO of FrieslandCampina Romania, one of the four largest players on the dairy market, says that while the financial year is not over, yet, the company can confidently say the EUR100 more

12.16.2022

The Justice District, the real estate project to be built on the Esplanada plot on Bulevardul Unirii in Bucharest, which should include 23 institutions, got its Detailed Urban Plan (PUD) approved, the more

12.16.2022

Business angels investment platform Growceanu is investing EUR80,000 in MedTech startup MediNav, which uses AI to extract structured medical information, in a EUR250,000 round. more

12.16.2022

Car parts producer Optibelt Power Transmission of Tautii-Magheraus locality, Maramures county, the local subsidiary of Germany’s Arntz Optibelt, in the first half of this year completed a EUR4.2 more

12.14.2022

Sighetu Marmatiei-based Plimob, a major local supplier of chairs for IKEA, has invested EUR775,000 to install a photovoltaic plant, in partnership with E.ON Energie Romania. more

12.13.2022

Medical device manufacturer Hamilton Central Europe plans to invest around EUR18 million to raise a new building near the current plant of Giarmata locality, Timis county. more

12.12.2022

Apemin ZIZIN, a mineral water producer held by Lazar family, will open a new plant next year in the wake of an over EUR5 million investment. more

12.09.2022

Romanian pharmaceutical manufacturer Antibiotice Iasi is opening a new plant, in the wake of a EUR20 million investment, with a 50% higher production capacity than the existing unit. more

12.05.2022

Patria Credit IFN SA, a non-banking financial institution part of Patria Bank Group, has signed a new guarantee agreement with the European Investment Fund (EIF), within a RON205 ceiling, which will more