12.29.2023

2024 plans of electricity supplier Getica 95, owned by businessman Viorel Tudose, envisage the management of production capacities, as well as electricity storage. more

01.22.2021

Fast moving consumer goods giant Unilever is developing its operations in Romania despite the COVID-19 pandemic, announcing Romania is a very important market for the group. more

06.29.2020

Nearly 75% of Romanians have not taken vacation days this year and just 42% are considering a vacation in the next period, a survey by job platform BestJobs showed Monday. more

02.17.2020

French-held L’Oreal, which has import, wholesale and retail operations in Romania, posted double-digit growth in revenue last year and will continue at the same rate in 2020. more

02.19.2019

Romania's energy ministry is analyzing a proposition to merge state-owned hydropower generator Hidroelectrica and coal-based energy holding CE Oltenia, state secretary Doru Visan said Tuesday at ZF more

01.18.2019

Discount retail chain Penny Market has more than 230 stores in Romania and plans to open another 20 to 25 in 2019, which makes for a faster expansion pace than last year. It opened 18 Penny Market more

12.20.2018

The Foreign Investors Council (FIC), which consists of 123 member companies whose total investments in Romania amount to nearly EUR35 billion, warned Thursday the government's tax plans will affect more

12.20.2018

Romania's SME council CNIPMMR firmly opposes the government's plans to levy new taxes and recommends improving tax collection and public services, the organization said in a statement Thursday. more

12.19.2018

The main index of the Bucharest Stock Exchange lost 8.6% by midday Wednesday, in just two hours of trading, losing the entire year's growth on concerns over government plans to impose new taxes. more

01.18.2018

CTP, developer and administrator of industrial and logistics parks, plans to deliver over 300,000 square meters of logistical spaces in Romania this year, of which 236,000 sqm in three logistical more

11.27.2017

Banca Transilvania (TLV.RO) on Friday announced the signing of the agreement to buy Bancpost, ninth leading lender in Romania, in a deal that will result in an increase in its assets and revenue by more

11.02.2017

Romanian President Klaus Iohannis on Thursday criticized the government's proposed tax measures, warning their implementation would muddle the country's finances and hinder sustainable economic more

08.23.2017

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06.12.2017

KFC Romania continues its expansion locally and plans to open at least five units by the end of 2017. more

01.23.2017

U.S. coffee shop chain Starbucks has ambitious expansion plans on the Romanian market in the upcoming period and plans to hire some 500 people until 2019. more

01.16.2017

Profi supermarket chain acquired by buyout investor Mid Europa Partners at the end of last year has budgeted 200 store openings this year, which would take the network to more than 700. more

10.06.2016

Sika Romania, one of the main players on the Romanian market of chemical materials for constructions, targets this year a growth rate similar to that in 2015, when the company reported a turnover of more

11.01.2015

Mega Image will be opening some 40 new stores by the end of 2015, among which, one in Baneasa (northern Bucharest), and targets a turnover of EUR650-700 million in 2015, up nearly 30% from EUR550 more

09.09.2015

Two of ten Romanian employers have recruitment plans in the last three months of 2015, up 5% compared with the same period a year before, according to a survey of recruitment and short-term temporary more

06.10.2015

Romanian power supply and distribution company Electrica (EL.RO) will seek its stockholders' approval for an investment budget of 860 million lei (EUR194 million) in 2015, after the first draft was more

03.19.2015

Electronics and IT retailer Flanco plans to launch its own private label this year, which could account for 10-15% of its turnover in the next three years, and will invest RON10 million in four new more

01.20.2015

Immochan, the real estate division of French retail group Auchan, plans to start this summer the second stage of works on the Coresi shopping center in Brasov, consisting of 13,500 square meters of more

01.20.2015

Romanian pharmacy chain DONA, which currently consists of 275 units, ended 2014 with a 30% growth in turnover and switched back to profit, with net earnings of EUR6 million. more

11.11.2014

Shareholders of Romanian online store elefant.ro have so far invested EUR5 million in developing the platform, plan to continue investments, and estimate the company's turnover will double every year more

07.07.2014

Retailer Auchan could launch a new hypermarket format on the Romanian market to cover small towns, a format it is currently expanding in Russia as Nasha Raduga and which has been successful in China. more