09.14.2021

Real estate developer Element Industrial, controlled by entrepreneur Ionut Dumitrescu, has launched a new project in southern Romania, called ELI Park Braila, which entails total investments worth more

09.10.2021

Net investments in the Romanian economy grew 10.6% in the first half of 2021 compared with the same period in 2020, to RON48.513 billion, data from the country's statistics board showed Friday. more

09.10.2021

Parcel delivery platform Coletaria.ro, part of Czech group Packeta, wants to reach a network of around 600 pick-up points in Romania by yearend, from over 300 at present as the e-commerce boom will more

09.08.2021

Liberty Steel Group on Wednesday said it would invest RON31 million (EUR6.3 million) in a state-of-the-art coating line for use on pipes produced by its specialist unit, Liberty Tubular Products more

09.06.2021

Early-stage venture capital firm Early Game Ventures (EGV) has signed an agreement for a financing round of EUR200,000 for the speech recognition startup Vatis Tech. The investment will go towards more

09.02.2021

DIY retailer Dedeman, the largest entrepreneurial business in Romania, controlled by brothers Adrian and Dragos Paval, is due to open this week its 56th store, in Blejoi, Prahova County. more

08.31.2021

Holde Agri Invest has joined players that have also earmarked a budget to fund innovative projects on the domestic market and by yearend it is likely to announce another two investments in agritech more

08.30.2021

This year’s biggest projects of Strauss Romania, the maker of the Doncafé coffee brand, are investments in renewable energy, new innovative brands, automation and digitalization, the company more

08.30.2021

Five-star hotel Radisson Blu of Cluj-Napoca is due to open next spring, after its launch was delayed one year. more

08.30.2021

Ardealul Carei, one of the largest vegetable oil producers controlled by local entrepreneurs, with turnover topping EUR50 million in 2020, is poised to finalise a EUR3.5 million investment project, more

08.27.2021

The net assets of the 227 domestic and foreign open-end and closed-end investment funds operating in Romania fell 0.4% in July 2021, to RON50.2 billion (EUR10.2 billion), but grew by 12.9% since the more

08.27.2021

Antibiotice Iasi (ATB.RO), the largest Romanian-held drug maker, on Friday reported on the Bucharest Stock Exchange that regional investment fund SIF Oltenia (SIF5) bought 18 million of its shares, more

08.27.2021

Donalam stakeholder AFV Beltrame Group, a major European producer of steel bars and other special steels, has announced a EUR200 million investment in a reinforcing steel and wire rod production unit more

08.27.2021

Online retailer Atu Tech, mainly specializing in security systems, has earmarked another EUR1 million this year to develop its own system range, known as SAFER, explained Sorin Felea, Atu Tech general more

08.26.2021

Paving stone manufacturer Symmetrica of Suceava expects Romania's paving stone market to reach EUR165 million at the end of 2021, with its advance amounting to just 3% year-over-year, as the market is more

08.26.2021

Significant investments are budgeted for 2021 on the cellulose and paper market, after 2020 brought companies in the field robust demand, at least for a period. more

08.10.2021

Alexandrion Group, the biggest alcoholic beverage producer domestically, with turnover close to RON955 million in 2020, has earmarked EUR600 million investment to build eight distilleries across more

08.04.2021

Low employee turnover and long-term employee retention are two of the advantages quoted by Miguel Angel Escobar Conde, senior vice president of European Finance for American Pan, which owns a baking more

07.30.2021

Half of modern retail actors are betting several million euros on green energy, equipping their stores with photovoltaic panels and spending on biogas power stations. more

07.27.2021

Investment funds cashed just EUR44 million in 2020 from the exits conducted in Romania, the lowest amount since 2014, per data from the Invest Europe-EDC reports drawn up in partnership with law firm more

07.13.2021

Regional investment fund SIF Transilvania (SIF3.RO) has been authorized by the Financial Supervisory Authority (ASF) as a Retail Investor Alternative Investment Fund (RIAIF), under Authorization no. more

07.12.2021

Home appliances manufacturer Arctic Gaesti plans to develop the operations of its two plants in Romania at a time when demand for refrigerators and washing machines is at its highest, as the COVID-19 more

07.12.2021

The investments of several million employees, who are now paying 3.75% of their gross monthly income towards mandatory private pensions, in 24 companies listed on the Bucharest Stock Exchange via more

07.09.2021

Romanian entrepreneur Augustin Oancea, who owns electricity, gas and oil product trader Tinmar Energy, has a RON40 million investment budget for Intercereal, which he acquired last year. more

07.08.2021

Spirits producer and mineral water bottler Prodal 94 plans to end 2021 with RON11 million revenue, an increase of 18% year-on-year, ZF has calculated from the data the company officials supplied. more