01.26.2016

McDonald’s Romania, the largest restaurant chain on the local market, will open seven McCafé coffee shops and another 1-2 restaurants this year, doubling investments to nearly RON25 million more

01.26.2016

Brasov-based textile manufacturer Promar on Tuesday said it invested EUR4.5 million in a washhouse in Brasov (central Romania), which provides lease, upkeep and sanitation services for hotel textiles more

01.22.2016

Supermarket chain Mega Image will continue to invest EUR50 million/year in expansion, in the next two years, and will open its second logistic center in Stafanesti at the end of the third quarter, more

01.20.2016

United States Ambassador to Romania, Hans Klemm, said Wednesday in Suceava (northern Romania) that his priorities will be to promote prosperity between the two countries, the commerce and the more

12.17.2015

Retail chain Profi targets investments of EUR50 million in Romania in 2016 and the bulk of the amount will be used to expand its store network which is expected to reach 500 units in 2016. more

12.08.2015

Energy companies invested $1 billion in drilling works in oil fields in the Romanian Black Sea in 2015, Razvan Nicolescu, executive lead advisor within Deloitte’s Energy & Resources practice and more

10.27.2015

The companies in automotive industry which plan to invest in Romania mainly target the central region, but are also interested in the northeastern region (Moldavia), while the number of greenfield more

10.21.2015

Foreigners investing in the Romanian economy might soon become "inhibited" as regards costly investments, especially in the banking sector, due to legislative uncertainties, Mihai Bogza, Chairman of more

10.13.2015

Hungarian oil group MOL will be opening a total 12 gas stations in Romania in 2015, in addition to the Agip filling stations bought from Italian company Eni, and the overall investment stands at EUR20 more

10.13.2015

Hungarian oil group MOL on Tuesday said it plans to invest several dozen million dollars in the first exploration stages of three blocks it had won at auctions organized by the Romanian Mineral more

10.06.2015

European Bank for Reconstruction and Development (EBRD) expects the value of its investments in Romania in 2015 to be lower than last year's investments of EUR592 million, Matteo Patrone, EBRD more

10.06.2015

Real estate developer Forte Partners, founded by businesspeople Geo Margescu, Ionut Dumitrescu and Johny Jabra, is constructing two office buildings near the Basarab Overpass in capital Bucharest, more

09.28.2015

Natural gas and electricity companies have invested nearly EUR8.7 billion in Romania, from privatization to date, and target investments of approximately EUR600 million for 2015, according to the more

09.22.2015

Romanian electricity distribution and supply company Electrica (EL.RO) plans to invest EUR121 million this year and over EUR715 million by 2018, the company said in a statement Tuesday. more

09.17.2015

Romania’s energy sector is still living on investments made before the 1990s and desperately needs new projects, Bogdan Badea, state secretary at the Energy Ministry, said Thursday at the conference more

09.07.2015

Romanian spa resorts need investments of over EUR1 billion, which might come both from the private sector and the state budget, said Nicu Radulescu, head of the employers association for spa resort more

09.03.2015

Romanian power transformers manufacturer Retrasib Sibiu (RTRA.RO), majority owned by Germany’s SGB-Smit group, aims to increase 2015’s investments budget by EUR1 milion (4.4 million lei), at a more

09.02.2015

U.S. oil and gas company ExxonMobil reiterated Wednesday, during talks with Romanian Prime Minister Victor Ponta, its intention to continue investments in exploring for natural gas in the Black Sea. more

08.12.2015

Shareholders of Romanian energy producer Vest-Energo (VESE.RO), owner of CET Militari, have approved a decision to contract a loan of EUR8.5 million which will be used entirely for investments in two more

08.10.2015

EDP Renovaveis, the renewable energy unit of Portuguese group EDP, the third largest investor on the Romanian renewable energy sector, has completely suspended investments on the local market, more

07.21.2015

Boromir Prod Buzau (SPCU.RO) will decide in stockholders’ meeting September 9 on taking a 18 million lei loan from ING Bank for investments and on opening an overdraft line worth RON6.8 million for more

07.14.2015

Romania’s leading oil and gas producer OMV Petrom (SNP.RO) has invested EUR310 million in Gorj county, which became the county with the largest gas production in Petrom’s portfolio. more

07.10.2015

Shareholders of Romanian power supply and distribution company Electrica (EL.RO) approved Thursday the group’s investment plan for 2015, worth RON859.68 million, the company said in a statement. more

07.08.2015

MOL Romania will invest this year over EUR15 million in new gas stations, logistics, retail and the improving of operations' efficiency, CEO Kinga Daradics stated Wednesday. more

07.03.2015

Romanian state-owned power producer Electrocentrale Grup on Friday inaugurated a solar park of 1.7 megawatts (MW) in Chiscani (Braila), following an investment of RON10.99 million (EUR2.4 million). more