12.28.2022

Romania's nuclear power producer Nuclearelectrica (SNN.RO), which operates the country's sole nuclear power plant, said in a stock market report that it completed the takeover of the uranium more

11.17.2022

Grants of up to EUR500,000 will be extended to Romanian firms that process grain, oilseeds and milk under a scheme approved by the Government through an emergency ordinance on November 17. more

10.10.2022

The Bucharest National Airport Company (CNAB), which manages Bucharest’s two international airports, Henri Coanda - Otopeni) and Aurel Vlaicu- Baneasa, has announced an investment of EUR21 million more

06.20.2022

Germany’s Metro Group, which owns a local network of 30 cash & carry stores, is making a surprising move towards production, investing in its own meat processing line. This production facility is more

05.17.2022

Local startup firm SenseTask, which developed a cloud artificial intelligence (AI)-based platform for document processing, has raised a seed funding round worth EUR215,000 in order to scale up the 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

11.18.2021

Romania’s Competition Council has approved the transaction whereby nuclear power producer Nuclearelectrica (SNN.RO), which operates the country's sole nuclear power plant, is acquiring from the more

11.03.2021

Carniprod Tulcea, one of Romania’s biggest meat processors, controlled by entrepreneur Nicolae Ciuleac, whose business was hurt by the swine flu in 2018, expects to end 2021 with the same turnover more

10.20.2021

Agricost, the largest grain and oilseeds farm in Romania by cultivated land, located in the Great Braila Island, has opened in 2021 the third alfalfa processing plant. The project of the construction more

08.26.2021

Seed producer and processor Agribusiness Germina plans to sell a corn processing facility in Vadeni (Braila County) to Rodbun Group, one of the leading agribusiness companies in Romania, at a price of more

05.31.2021

Agricultural seeds producer KWS Seminte, the Romanian division of German KWS SAAT SE & Co. KGaA Group, is investing EUR6 million in retrofitting and upgrading its corn processing and conditioning more

03.19.2021

Romania's nuclear power producer Nuclearelectrica (SNN.RO), which operates the country's sole nuclear power plant, said Friday it has signed an agreement to acquire assets within the uranium more

02.08.2021

Three entrepreneurial companies in the meat processing busines in Romania are testing investor interest in a potential deal, ZF sources say. The three are Meda Prod 98, Kosarom and Agra’s. more

10.06.2020

Kastamonu Romania (formerly Prolemn), held by one of the leading wood processing businesses in Turkey Kastamonu Entegre, posted 290 million lei (some EUR60 million) revenue in the first half, almost more

08.02.2018

Romanian businessman Dragos Irimescu, shareholder in metallic tile manufacturer Depaco, has bought a stone processing factory in Baicoi from producer Mesta Marmura si Travertin SRL. The acquisition more

02.19.2018

Meat processing group Agricola Bacau is considering buying companies in the business it operates in, says chairman Grigore Horoi. more

10.10.2017

Ten sectors of Romania’s economy generate 93% of the revenue of all the local companies, which stood at 1,300 billion lei (EUR284 million). Trade accounts for more than one third of the total more

05.08.2017

Turkish-held company Yildiz Entegre is carrying out an investment of EUR150 million in a MDF (medium density fibreboard) wood processing plant, a wood of higher quality than the PAL (particleboard), more

09.11.2015

The top ten foreign investors in Romania’s processing industry posted more than 58 billion lei (EUR13 billion) revenue in 2014 and the top ten Romanian investors in the same sector posted more than more

04.02.2015

Kastamonu Romania wood processing company, part of the Turkish group of the same name, expects exports to go beyond EUR100 million this year, up 17% on 2014, with deliveries abroad set to weigh 70% in more

03.12.2015

From 2008 to 2013, Romania lost 10,000 jobs in the refining industry, a period during which oil processing capacity halved as Arpechim and Rafo Onesti, some of the biggest local refineries were shut more

02.16.2015

Holzindustrie Schweighofer group of Austrian businessman Gerald Schweighofer expects growth of 10% in revenue in Romania this year because of the steady market and the start of the operations in its more

01.23.2015

Rodbun Grup, specialized in the distribution of seeds, pesticides and fertilizer, will invest EUR2 million to build in Tichilesti (Braila county) one of the largest grain processing units in more

09.25.2014

Kastamonu Romania (the former Prolemn), the Reghin-based unit of Kastamonu Entegre, one of the leading wood processing businesses in Turkey, posted about EUR60 million revenue in the first half, up more

09.03.2014

One third of the 100 largest players in Romania’s processing industry in 1994 no longer exist or have zero revenue, and 15 of them have revenue of below $10 million, reveals a ZF survey based on more