03.25.2022

French group Orange has a long-term plan for Romania’s market and is poised to step up local investments to keep its leading position on the segment of mobile telephony and also gain ground in the more

03.24.2022

Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, has budgeted restaurant sales of over EUR266 million for 2022, higher by 33% than in 2021, of which more

03.22.2022

Pharma group Bioeel, owned by businessman Albert Attila, a founding member, and Jean Scheftsik de Szolnok, a French citizen, expects 7-8% turnover growth at group level for 2022 on the year. more

03.22.2022

Amid dwindling hydrocarbon output due to natural decline and the sale of some deposits, coupled by lower demand for natural gas, OMV Petrom has budgeted only 6% higher profit for 2022 year-on-year and more

03.18.2022

Healthcare network Regina Maria has invested over EUR15 million in Brasov county over the past ten years. more

03.17.2022

German automotive parts supplier Continental has invested roughly EUR150 million in Romania in 2021, continuing the steps taken in the last years, during which time it has invested in high-end more

03.14.2022

Transilvania Investments, which has been listed on the Bucharest Stock Exchange for over 20 years, on Monday (March 14) had its first trading session under the new symbol, TRANSI, following a rebrand more

03.11.2022

Fintech company Degethal, established in 2021 by Alin George Luca, Cristian Mateescu and Peter Barta, has concluded an agreement with Austria’s investment fund Valuex ALUEX for gradual funding of up more

03.10.2022

The European Investment Bank (EIB) Group provided EUR907 million in 2021 for new investments across Romania. more

03.10.2022

Net investments in the Romanian economy grew 2.1% in 2021 compared with 2020, to RON120.148 billion, data from the country's statistics board showed Thursday. more

03.10.2022

Romanian massage chair retailer Komoder plans to invest in 2022 to open showrooms in Malaga, Zurich, while readying the second showroom in London, explained Adrian Rus, founder of Komoder. more

03.03.2022

Dragos Damian, CEO of one of Romania’s major drug makers, Terapia Cluj, says the company plans to carry out investments worth EUR5.5-5.8 million in Romania. more

03.03.2022

Rodbun group has a total investment budget of RON50 million in 2020 and envisages company acquisitions, renewable energy production and the setting up of a digital agricultural bank, explained more

02.24.2022

Romanian state-run power grid operator Transelectrica (TEL.RO) and the European Investment Bank (EIB) will intensify their cooperation in order to consolidate and accelerate investments in the more

02.24.2022

Romania’s Ministry of Energy has announced the immediate availability of a funding package totaling nearly EUR600 million in non-reimbursable funds in the field of renewable energy. more

02.24.2022

Egger Romania, part of Austria’s supplier of wood-based material for furniture industry and interior decorations, construction and flooring Egger, reported EUR404 million for 2021, up around 34% more

02.17.2022

Romanian software development startup OVES Enterprise based in the city of Cluj-Napoca plans to double its turnover up to RON30 million in 2022 and to invest EUR1.5 million in developing products, more

02.16.2022

Romanian startup Salarium, which developed a software platform that offers employees the possibility to receive salary advance payments via a mobile application, has attracted financing worth more

02.16.2022

Terapia Cluj, one of the largest pharmaceuticals manufacturers in Romania, has an investment budget of EUR5.5 million for the 2022-2023 financial year and seeks to bring ten new drugstores to its more

02.09.2022

Energy company OMV Petrom has an investment budget of nearly RON4 billion for 2022, significantly higher than RON2.8 billion in 2021. more

02.03.2022

Valer Hancas, communications and corporate affairs manager at Kaufland Romania, says the company has an investment budget of at least EUR350 million for 2022, with the money aimed at expansion and more

02.02.2022

Belgium’s logistic space developer WDP is set to add around 25,000 square meters to the Slatina plant of tire producer Pirelli on the basis of a 15-year lease contract. Investments are put at around more

02.01.2022

Almost 500 rooms in hotels set to operate under international brands will be delivered on the market this year in Brasov, Cluj-Napoca and Timisoara in the wake of total investments put at over EUR50 more

01.28.2022

Shareholders of regional investment fund SIF Transilvania (SIF3.RO) decided on Friday (Jan 28, 2022) to change the company’s name to Transilvania Investments Alliance, in line with a stock market more

01.27.2022

Rottaprint, the main flexographic printing company producing self-adhesive labels and flexible packaging in Romania, targets investments of almost EUR1 million in 2022 to enhance the quality of more