10.23.2024

Romania's Ministry of Finance has announced that Finland's Nokian Tyres Group is going to receive state aid in the amount of RON495.2 million (EUR100 million). more

09.19.2024

Nokian Tyres hosted the grand opening of its passenger car tire factory in Oradea (north-western Romania), the company announced in a press statement on Thursday (Sept 19). more

09.18.2024

Andreas STIHL Power Tools SRL, the local subsidiary of Andreas STIHL AG&Co. KG. of Germany, has invested more than EUR21 million so far and created around 40 jobs at its new plant in the Eurobusiness more

06.17.2024

Electric motor plant Nidec of Oradea, owned by Japan’s Nidec, ended 2023 with a turnover of almost RON223.3 million (EUR45.1 million), up 5.6% from RON211.5 million (EUR42.9 million) reported in more

06.12.2024

Exhaust system manufacturer Purem Oradea (the former Eberspaecher Exhaust Technology Romania), the local subsidiary of German group Eberspacher, for 2023 reported turnover worth RON2.533 billion more

06.03.2024

LOT Polish Airlines has officially inaugurated the direct flights between Oradea and Warsaw on Monday, June 3, 2024, thus increasing the number of international destinations Oradea can access to and more

04.29.2024

Prima Development Group, a real estate developer of Oradea, signed for the acquisition of an over 6-ha land plot in Bucharest’s Soseaua Gheorghe Ionescu Sisesti, part of the portfolio of Austrian more

04.10.2024

Airline HiSky will operate five flights per week on the Oradea-Bucharest route and back, and three flights per week on the Oradea-London route and back, Bihor County Council said in a press release. more

04.03.2024

CTP, Europe’s largest listed developer, owner and manager of industrial and logistics properties, has leased out 3,600 square meters of production space at CTPark Oradea Cargo Terminal to leading more

04.02.2024

Andreas STIHL Power Tools SRL, a subsidiary of Germany’s STIHL AG&Co, has started building a new EUR165 million production unit on an area of around 147,000 square meters in Eurobusiness I more

03.14.2024

SIF Imobiliare, held by Lion Capital, said in a stock market report that it sold its entire ownership stake in SIFI BH Retail Oradea, a company that leases out real estate assets, for a total amount more

03.12.2024

Constructii Erbasu, one of Romania’s largest construction firms, controlled by entrepreneur Cristian Erbasu, in association with Terra Gaz Construct, owned by brothers Traian and Alexandru Bunea, more

03.01.2024

Sinteza Oradea group, one of Romania’s largest chemical companies in 2023 saw its losses widen from RON2 million in 2022 to RON10.7 million. more

02.09.2024

CTP, Europe’s largest listed developer, owner and manager of industrial and logistics properties by gross lettable area (GLA), has leased 5,300 square meters of warehouse at CTPark Oradea Cargo more

02.07.2024

The Local Development Agency, a public company having the city of Oradea as majority shareholder, attracted total investments of EUR28.3 million in 2023, which will create 10,200 jobs until 2028, as more

01.03.2024

CautCurier.ro, the last–mile delivery services platform launched in Timisoara (western Romania), has drawn an investment of EUR50,000 from non-profit o organization Make It Oradea. more

12.12.2023

Romanian car parts maker UAMT Oradea (UAM.RO) on Monday (Dec 11) informed the local capital market in a stock market report about the decision of the Board of Directors as regards contracting a loan more

11.20.2023

Accor, a leading global hospitality group, announces the signing of a franchise agreement with local partner Grand Hotel West for the opening of a new Mercure hotel, in Romania's northwestern city of more

10.18.2023

Astra Vagoane Calatori, one of the biggest players on the local rolling stock market, controlled by Valer Blidar, has won a contract worth RON79 million (some EUR16 million), VAT not included, with more

09.14.2023

Nokian Tyres, a major player on the global tire market, operated a RON82 million capital increase this July, a sum added to the capital of Nokian Tyres Europe Operations SRL, in line with Trade more

09.01.2023

Sibiu-based builder CON-A, owned by entrepreneur Mircea Bulboaca, says the biggest project it is carrying out at this moment is in Oradea. In line with previous ZF data, the biggest investment project more

06.23.2023

The electric motor plant Nidec in Oradea, held by Japan’s Nidec group, reported a turnover of RON211.5 million (EUR42.9 million) for 2022, up 27% from RON166.4 million (EUR33.8 million) in 2021, as more

05.11.2023

Nokian Tyres, a Finnish producer of tires and one of the world's leading players on this market, has started the construction of a new production facility in Oradea (north-western part of Romania), a more

04.03.2023

Romania’s north-western city of Oradea will receive European funding worth almost EUR16.4 million for the development of a solar photovoltaic (PV) park on a 12.5-hectare plot of land that belongs to more

12.29.2022

Romania's Transport Minister Sorin Grindeanu announced on Thursday (Dec 29) the signing of a contract aimed at expanding the passenger terminal of the international airport in Oradea (western more