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

01.26.2022

Evergent Investments (EVER.RO), an investment company with RON1.2 billion capitalization, started the first stage of a share buyback program, aiming for the purchase of maximum 8 million own shares, more

01.26.2022

Building materials producer Cemacon Cluj-Napoca has, for 2022, the biggest investment budget of the past decade, with the main direction the money goes to being a new plant. more

01.25.2022

Paint and coatings manufacturer Kober, owned by the family of the same name of Neamt, has budgeted investments to boost production in 2022. more

01.20.2022

Shareholders of Evergent Investments (EVER.RO) on Thursday approved the reduction of the share capital to RON96.2 million from RON98.1 million in accordance with and motivated by the general meeting more

01.20.2022

Ovidiu Bucataru, financial officer of Grup Serban Holding, an entrepreneurial business founded by Nicolae Serban, says the company want to keep up the growth pace and is set to invest RON25-30 more

01.20.2022

CTP seeks to invest a further EUR300 million in nationwide expansion in Romania, envisaging both the construction of new warehouses on platforms already existing in Timisoara, Bucharest, Sibiu and more

01.19.2022

Mihai Marcu, CEO and chairman of private healthcare services provider MedLife, says the company’s 2022 investment budget stands at EUR100-120 million. more

01.18.2022

“We estimate CRC group (Chimcomplex is part of i.e.) will go beyond the first billion euro in terms of commodity production in just three years and turnover will reach EUR10 billion only vertically, more

01.17.2022

Kuma Romania, a producer of washbasins, countertops and furniture for bathroom and kitchen, ended 2021 with turnover of almost EUR7 million, up 7% on the previous year. more

01.17.2022

Dolj-based Windows maker Casa Noastra, owned by Stedan Cherciu, in 2021 had the best year in its history in terms of turnover and business performance. more

01.14.2022

The private investors part of TechAngels association, which supports Romania’s tech startup ecosystem, earmarked EUR8.9 million last year for the financing of local technology projects, doubled the more

01.13.2022

Businessman Mohammad Murad, the owner of Phoenicia Hotels and one of the largest hoteliers in Romania, envisages investments of tens of millions of euros in tourism in 2022. more

01.13.2022

Virgil Mandru, owner of wine maker Tohani, said the company’s investment budget amounts to at least EUR9 million in 2022, aimed at winery retooling and green power. more

01.12.2022

Romania’s real estate market attracted investments of EUR920 million in 2021, up 4% from 2020, which is a level closest to the record high reached in 2018, when investments slightly exceeded the more

01.12.2022

Carniprod Tulcea, one of the biggest meat processors in Romania, controlled by entrepreneur Nicolae Ciuleac, for 2022 targets 5% higher turnover than last year, according to the company’s officials. more

01.06.2022

Egger Romania, part of the Austrian supplier of wood-based material for furniture industry and interior decorations, construction and flooring Egger, in 2021 earmarked over EUR16 million for more

12.29.2021

The bet of Constantin Dulute, a major Romanian entrepreneur, on Vinicola Averesti 2000, the company behind Domeniile Averesti wine brand, is ever bigger. more