07.26.2022

Restaurant group City Grill has a RON24 million investment budget for 2022, 3-4 times bigger than in 2020 and 2021, marked by the Covid-19 pandemic, which pummeled the hospitality industry. more

07.25.2022

Artprint, the first private printing house after 1990, has a RON5 million investment budget for 2022, with the money aimed at boosting activity efficiency. Some projects have already been implemented, more

07.22.2022

International Lazar, specialized in freight transportation, controlled by entrepreneur Ion Lazar, ended 2021 with total turnover worth RON203.6 million (EUR42 million), from RON140.6 million RON in more

07.21.2022

Suceava-based paving stone manufacturer Symmetrica reported 20% higher turnover for the first half of 2022, as prices of raw materials went up by as much as 30%. more

07.21.2022

River transport company Trading Line Group, majority held by Paul Ivanov, is set to invest EUR50 million to boost its vessel fleet. more

07.20.2022

Prodal 94, a major producer on Romania’s spirits market, controlled by Iranian businessmen Jabbar Kanani and Bagher Karimzadeh, ended 2021 with RON116.5 million turnover, 54% higher than in 2020, in more

07.20.2022

Targu-Mures-based Nova Vita hospital, a top ten hospital unit by the number of beds, a business founded by entrepreneur Virgil Mailat, has budgeted RON40 million turnover in 2022, up 22% from 2020, in more

07.19.2022

Franke Romania, the local subsidiary of the Swiss group of the same name, has budgeted RON2.5 million investments for this year, almost double the 2020 level and 42% higher than the 2021 one, in line more

07.19.2022

Mayr-Melnhof, a major player on Romania’s packaging production market, is investing to expand its production capacity and warehousing spaces in Ploiesti. The company has an over EUR10 million budget more

07.18.2022

French DIY retailer Leroy Merlin has a cautious investment strategy for the coming period, given the current economic context, but is focusing on expanding its store network now comprising 20 units. more

07.15.2022

Romanian electro-IT retailer Altex forecasts a nearly 10% increase in its 2022 turnover, which translates into a slower rate than in the recent period due to the rampant inflation that has already more

07.13.2022

ROCA Investments, a Romanian private equity company part of Impetum Group, has launched ROCA Agri RDF, a holding specialized in agriculture. more

07.07.2022

Romania’s financial supervisory authority ASF on Wednesday approved a draft enabling investment manager BT Asset Management, jointly with several funds and persons acting in concert, to obtain the more

07.07.2022

In Craiova we see the first investment by Ford Otosan outside Turkey. There’s interest in Romania and the investments are set to continue, said Fusun Aramaz, Turkey’s ambassador to Romania. more

07.04.2022

Albrau Prod, one of the largest independent brewers in Romania, including brands such as Albrau or Zimbru in its portfolio, has a RON6 million investment budget for this year. more

07.01.2022

The ownership transfer for Ford plant of Craiova to Ford Otosan has been successfully completed. Ford Otosan has announced EUR490 million investments in Craiova to support the future growth of more

07.01.2022

Ponderas hospital of Bucharest, owned by Regina Maria healthcare network since 2016, has cumulated EUR20 million investments in five years, with the money aimed at expansion and consolidation. more

06.30.2022

Restaurant chain Mesopotamia has budgeted RON200 million turnover for 2022, almost double from 2021. more

06.29.2022

Romania’s energy ministry on Wednesday said announced the launch of the competitive procedure – state aid scheme with the objective of supporting investments in capacity building for the more

06.29.2022

Teilor, a luxury jewelry store chain present in Central and Eastern Europe, has budgeted RON27 million investments for 2022 to open new units, improve existent stores and clients’ omnichannel more

06.28.2022

Farmaceutica Remedia, a major group on Romania’s pharma market, owned by entrepreneur Valentin Tarus, has budgeted RON621.5 million turnover in 2022, up 30% on the year. more

06.28.2022

Building company Drum Asfalt of Bihor, owned by Floare Petroi, has EUR1 million investments underway by yearend, with the money set to be directed to work equipment and personnel. more

06.23.2022

Albalact, the largest company in Romania’s dairy sector and part of Lactalis Romania group, in 2021 reached RON848.7 million turnover, up 11% year-on-year. more

06.21.2022

Alka Trading Co, the biggest company part of Alka group, a producer of croissants, biscuits and wafers, has budgeted RON329.8 million turnover for 2022, up 17% from the previous year. more

06.17.2022

Cigarette and vaping products manufacturer Philip Morris will invest $100 million in 2022-2023 to develop the production capacities for smoke-free products in Romania and reduce the impact over the more