03.22.2023

Footprints AI, a company established in 2017, which developed a media retail platform enabling offline retailers to find potential new customers and anticipate their spending patterns through a more

03.22.2023

Telecom operator Digi Communications has sealed an agreement with arbdn fund to carry out a EUR300 million investment in the development of an optical fiber network in Spain. more

03.21.2023

The shareholders of Carbochim Cluj-Napoca (CBC.RO), the largest local professional abrasives producer, will put to a vote a decision to approve the contracting of investment loans in the amount of more

03.17.2023

Cluj-based ambulance and special vehicle manufacturer Deltamed, a business controlled by four local entrepreneurs, wants to boost its production capacities by around 50% in the coming year, when it more

03.15.2023

Real estate developer Speedwell will invest EUR500 million in a mixed-use project on the 9-hectare former industrial site of Griro, on Calea Grivitei in Bucharest, the company said. more

03.14.2023

Terapia Cluj, a local pharmaceutical producer held by India’s Sun Pharma, wants to expand its warehousing area and has a EUR3 million budget to this end. more

03.14.2023

Car parts producer Hella Romania, the local subsidiary of German concern Hella, is investing EUR20 million in the new unit of Ghiroda, Timisoara, an investment due to be tripled for the acquisition of more

03.13.2023

Chiajna-based Omnia Plast, controlled by Italy’s Sunino Spa group, which produces winter sports equipment, toys and other plastic items in three local plants, ended 2022 with EUR60 million turnover, more

03.09.2023

Piping Logistics, a Belgian producer of ventilation system components, is working to open, in the third quarter of 2023, a plant near Timisoara, with investments set to reach EUR3 million. more

03.06.2023

The first phase of the EUR1 billion investment in the Mintia thermoelectric power plant will be completed in 24 months, while the entire project will be completed 12 months after that, the new owner more

03.06.2023

NN Investment Partners (NN IP), a mutual fund manager also present in Romania through the funds NN International Romanian Equity, NN International Romanian Bond, changed its name to Goldman Sachs more

03.06.2023

Solar panel manufacturer AE Solar will invest EUR1 billion in a plant to make solar panels in Romania, Romania’s government announced in a release, following a meeting of Prime Minister Nicolae more

03.02.2023

Group of firms Maviprod-IRUM, owned by Oltean family of Reghin, plans to carry out EUR8-10 million investments this year, taking further its development scheme of recent years. more

03.01.2023

Instant Factoring, a digital factoring fintech in Romania, has raised EUR 600,000 in a new investment round. more

02.22.2023

Car battery manufacturer Rombat in Bistrita, controlled by the South African group Metair, will allocate EUR10 million for investments this year, mainly for the installation of a semi-automatic line more

02.17.2023

German carmaker Daimler, which owns Star Assembly company of Sebes, Romania’s third largest exporter, has started construction works for a new electric drive unit assembly plant, an almost EUR140 more

02.15.2023

M247 Europe, one of the leading providers of hosting, connectivity and data management solutions in Romania, is increasing its infrastructure investment to EUR9 million amid higher demand, the more

02.15.2023

The TechAngels group of private investors, focused on supporting technology startups in Romania and the region, in 2022 invested EUR5.679 million overall, 36% less than in 2021. more

02.14.2023

Independent investment fund management company SAI Certinvest has appointed Adrian Dudu investment director as of February 2023. more

02.13.2023

Underline Ventures, the newest investment fund in Romania that supports tech startup development, plans to keep up the pace of 2022 this year and fund 4-5 tech companies with a total of EUR2-2.5 more

02.10.2023

Metal tile roofing producer Blachotrapez, owned by the Polish group of the same name, last year opened a new plant in Baia Mare. The unit was built with state aid. more

02.09.2023

More than half (56%) of Romania managers and entrepreneurs have hiked the sums earmarked for investments in 2023 against 2022, while 27% of them have kept them unchanged, reveals ASEBUSS Investment more

02.09.2023

Beltrame, the group that owns Donalam Calarasi and several operations in Targoviste, plans to triple production capacities at Targoviste plant this year, to 300,000 tons per annum. more

02.09.2023

Biodegradable paper packaging manufacturer Exonia, a business controlled by entrepreneur Tiberiu Stoian, ended last year with RON31.1 million revenue, up 29% on the previous year, and EBITDA of more

02.09.2023

PORR Construct, part of the Austrian group of the same name, has budgeted investments of more than EUR10 million in the Romanian market for 2023. more