06.20.2022

Germany’s Metro Group, which owns a local network of 30 cash & carry stores, is making a surprising move towards production, investing in its own meat processing line. This production facility is more

06.20.2022

Senior Software, a local provider, developer and integrator of software solutions for business management, has earmarked EUR300,000 to develop its operations in Timisoara, with this being the fifth more

06.20.2022

Bacau-based Barleta plant, producing paper bags and sacks for major supermarket chains, pharmacy networks or bakery makers, ended last year with turnover worth RON100 million (EUR20.6 million), from more

06.17.2022

Water bottler Calipso, owned by Florica and Daciana Siderache, expects turnover to surge by 75% this year against 2021, to RON121 million, in the wake of an extensive investment process, in line with more

06.17.2022

Tire producer Pirelli Tyres Romania, the local subsidiary of Italy’s giant Pirelli, currently owned by China’s state-owned China National Chemical, for 2021 reported turnover worth RON3.168 more

06.16.2022

Stonevault, a Baia Mare-based producer of sofa springs, expects turnover to double this year against 2021, so that it may reach sales of above RON120 million (around EUR25 million). more

06.15.2022

The building materials manufacturer Soceram in Campina, owned by Mihai Anastasescu, is investing in upgrading of its factories in Dambovita County, in parallel with the plan to build a new production more

06.15.2022

Heineken Romania, the second largest brewer locally, ended 2021 with turnover worth RON1.37 billion, up 9% from the previous year, as beer market volumes remained flat from 2020. more

06.14.2022

Maspex Romania, a major player on the soft drinks, as well as on the pasta markets, ended 2021 with RON805.7 million turnover, up almost 18% on the year, in line with ZF calculations based on company more

06.14.2022

Oleg and George Tapu, the entrepreneurs owning the two DIY Artsani stores of Prahova county, have an over RON6 million investment budget for 2022. One of the plans envisages e-commerce expansion. more

06.13.2022

CTP Group, the largest owner, developer and manager of industrial and logistics space in Continental Europe, has invested around EUR160 million in the expansion of CTPark Bucharest North, which will more

06.13.2022

Agroland Agribusiness, part of Agroland group, is in talks to acquire a farm and a silo, in an investment put at EUR2 million, explained Florin Radu, general manager of the company. more

06.09.2022

Solina Romania, one of Romania’s biggest producers of food ingredients and spices, for 2022 budgeted turnover worth RON175.7 million (around EUR35 million), up around 19% from the 2021 level, in more

06.03.2022

Automotive safety systems maker Autoliv Romania, the local subsidiary of Sweden’s group Autoliv, for 2021 reported turnover worth RON3.889 billion (EUR790.5 million), up 14% year-on-year, in line more

06.03.2022

Germany’s DIY retailer Hornbach plans to open a new unit in Constanta this autumn. more

06.03.2022

Oradea-based producer of PVC and aluminum windows and doors, owned by Romanian entrepreneurs Marius and Simona Pantis, saw its turnover go up by 60% in the first four months of 2022 from the same more

06.02.2022

Chemical producer Chimcomplex, controlled by Stefan Vuza, plans to invest EUR2.4 billion by 2024, according to the company’s officials. more

05.31.2022

Europe’s attractiveness for foreign direct investment (FDI) started to recover following the COVID-19 pandemic with a 5% increase in the number of projects announced in 2021 compared to 2020, the more

05.30.2022

Romania’s largest poultry producer Transavia is investing EUR20 million in photovoltaic parks and development of new production and grain storage capacity in 2022. more

05.27.2022

The Kazakh-Romanian Energy Investment Fund (FIEKR), held by KMG International and the Romanian State, has contracted a syndicated loan of EUR83 million that will be used to fund the construction of a more

05.27.2022

RTG Solar Energy, a project company owned by Nidik Holdings Limited of Cyprus, has obtained a technical approval to connect a 70.4 MW solar park of Giurgiu to the network. more

05.27.2022

Romanian home deco chain Delta Studio is readying to develop its second housing project and targets the luxury segment with 30 houses in Corbeanca, Ilfov county, in an investment put at over EUR5.6 more

05.26.2022

The net assets of the 236 domestic and foreign open-end and closed-end investment funds operating in Romania grew by 1.2% in April 2022, to RON52.1 billion (EUR10.5 billion), and dropped by 2.9% since more

05.26.2022

CBRE Romania said in a survey that 88% of investment transactions in the Romanian office segment involve buildings with green certifications, making the office sector the most representative when it more

05.26.2022

The over 370 coffee shop-network 5 to go is likely to expand next year with a warehouse covering the needs of the coffee and associated products import and distribution arm. more