11.07.2024

Romanian entrepreneur Ferenc Korponay, known for founding, developing and then selling the Maravet business, which operates in the animal products sector, has bought the canning factory in Oiejdea, more

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

10.18.2024

Photon Energy Engineering Romania, the local division of Dutch Photon Energy, dedicated to engineering, procurement and construction (EPC) services, has finalized and grid connected its thirteenth more

10.07.2024

The Turda plant has been authorized, the first testing lots have been manufactured and the production unit will most likely operate at full capacity at the end of October, Mihai Fugarevici, general more

09.19.2024

Austria’s Lasselsberger group, which owns ceramic tile maker Sanex in Cluj-Napoca, has submitted the largest investment of those seeking state aid via Construct Plus government scheme. The group 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

09.03.2024

Bathroom furniture manufacturer Savini Due will finalize a more than EUR35 million investment project this year, which entailed construction of a new plant in Sebes with a total area of about 100,000 more

09.02.2024

Türkiye’s Tosmur Group, which owns the starch plant in Medgidia inaugurated in 2022, has reached 39% progress in implementing the doubling of the production capacity, a EUR75 million investment, more

08.13.2024

Danish-held mineral wool manufacturer Rockwool will begin construction of its second production facility in Romania this year, which will join its existing one in Aricestii Rahtivani, Prahova County. more

08.06.2024

Italian group De'Longhi, one of the world's largest actors in the small household appliances manufacturing market, has inaugurated its third production facility in Romania, in Satu Mare. more

08.05.2024

The European Bank for Reconstruction and Development (EBRD), together with Eiffel Investment Group, will provide EUR24.4 million funding to INVL Renewable Energy Fund I, a fund investing in renewable more

08.01.2024

The European Investment Bank (EIB) is lending Nokian Tyres a total of EUR150 million for the construction in Romania of the world’s first plant for producing passenger car tires without emitting more

07.31.2024

PPC Renewables, the subsidiary fully owned by PPC Group, has started the construction of a new wind power plant with an installed capacity of 140 MW, in the locality of Deleni, in Vaslui County. more

07.31.2024

The Competition Council is analyzing the transaction through which OMV Petrom SA intends to acquire, together with RES Terranet Holding SRL, the companies Tenersolar Park SRL, Enerintens Solar SRL and more

07.23.2024

Engineering and technology company Simtel Team (SMTL.RO, the national leader in the field of renewable energy, signed a RON66.5 million contract (excluding VAT) with a metallurgical industry customer, more

07.22.2024

The starch factory in Medgidia, inaugurated by the Türkiye’s Tosmur Group in 2022, expects its revenue to grow by 5% this year, after having overshot the EUR100 million mark last year, with more

07.11.2024

Food supplements and tea producer Dacia Plant, ended 2023 with a turnover of almost RON83 million, up 10% on the year, but its profit shrank 15% on the year to RON17.1 million, as per public data from more

07.09.2024

Hidroelectrica (H2O.RO), the largest electricity producer in Romania and the largest company listed on the Bucharest Stock Exchange, on July 9 signed the contract for the start of renovation works at more

07.02.2024

State-run Nuclearelectrica (SNN.RO), the operator of the Cernavoda nuclear power plant, has announced in a stock market report on July 2 the adoption of the European Commission’s positive opinion more

06.28.2024

Cluj-based cosmetics producer Farmec is readying to start works for the new plant, where it will relocate its activity. more

06.25.2024

Rompetrol Rafinare (RRC.RO), a member of the KMG International Group (Rompetrol), has retooled the hydrogen power plant (HPP) in the Petromidia refinery, following an about $10 million investment, the more

06.20.2024

TESLA Energy Storage, a company set up in June 2022, but which is part of Czech group TESLA, a producer of energy equipment, was due to start in 2023 the construction of an energy storage equipment 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

06.14.2024

Lactalis Romania group has started the procedures to close the plant in Miercurea Ciuc it got together with Covalact in 2016, but announced investments in the remaining facilities – Oiejdea, Alba more