09.05.2024

Local construction company Concelex set out to build a concrete product factory to facilitate its work on construction sites and applied for government funds via the ConstructPlus program. more

08.13.2024

Dona pharmaceutical group, which includes drug retail and wholesale operations, is entering the veterinary product market by buying the wholesale unit of Iasi-based Vetro Solutions. more

07.19.2024

Romania's Competition Council has announced in a press statement on July 19 that it approved the transaction through which Shoebox Product SRL intends to take over the assets related to the sale of more

04.25.2024

The deadlock in the Romanian IT market, characterized by layoffs, project suspensions, and the current political-economic context could end this year, OVES Enterprise, a Romanian software development more

02.26.2024

Revolut is entering the bank deposit market in Romania and rolling-out annual interest-bearing in-app savings accounts to its over 3.5 million customers in Romania. more

06.16.2023

Total exports of processed tobacco products such as cigarettes and heated tobacco product refills stood at EUR1.48 billion in 2022, an increase of EUR140 million on 2021, National Statistics Institute more

05.10.2023

Filbo, the digital solution that finances small entrepreneurs, partners with SOLO, the first digital accounting application for PFAs (authorized private individuals), to provide its customers with more

02.16.2023

Luxury jewelry chain Teilor, which owns 65 physical stores in Romania and in countries across the region, plus online operations, has appointed Anda Jurca to the position of commercial & product more

03.18.2022

Rompetrol Rafinare (RRC.RO), the operator of the Petromidia Navodari and Vega Ploiesti refineries, exported $960 million worth of oil products in the region to the subsidiaries of KMG International in more

01.06.2022

Romanian-held pharmaceutical products manufacturer Biofarm, the fifth largest player on this market by turnover, plans to add internally-developed products to its portfolio, especially as the company more

10.21.2021

Romania’s largest online retailer eMAG on Thursday launched Freshful by eMAG, a new online hypermarket with fast delivery of fresh products, following a EUR5 million investment in technology, more

06.14.2021

Oscar Downstream, the largest entrepreneurial business in the oil product sector in Romania, saw its net profit grow 3.4 times to RON155 million, as the company managed toe expand its customer base more

09.03.2020

Life is Hard (LIH.RO), a software solutions provider listed on the Bucharest Stock Exchange, has contracted a loan of RON1 million from Banca Comerciala Romana (BCR), with a view to developing new more

06.02.2020

Dacia Plant, one of the largest Romanian manufacturers of food supplements, saw its revenue slightly increase to RON33.4 milion in 2019, following consolidation of product portfolio and this year’s more

05.08.2019

Discount store chain Penny Market, which has about 240 stores in Romania, works with over 450 suppliers in the country to secure more than 70% of the products on shelves. more

04.16.2019

Interstar Chim, a company that has both manufacturing and import and distribution operations, has budgeted 140 million lei (EUR29 million) revenue in 2019, slightly higher than last year. more

11.28.2018

Pharmaceutical producer Antibiotice Iasi’s investment in its new topical product (such as creams, lotions and ointments) plant will amount to EUR20 million and will be completed by the end of next more

06.28.2018

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05.10.2017

Artoil, an oil product wholesaler based in Timisoara has seen its revenue go up from 5 million lei (EUR1.1 million) to RON200 million in five years and plans to double it to RON400 million in 2017. more

03.20.2017

Meat products and retail group Diana ended 2016 with EUR95.9 million revenue, mostly generated by the slaughterhouse and meat product plant, its officials said. more

01.31.2017

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03.31.2016

Estée Lauder Romania, a beauty company present on the Romanian market since 1997, ended 2015 with a turnover of over EUR7 million, and for 2016, it plans to extend its distribution network and to more

10.13.2015

Romanians spend EUR14 billion to EUR16 billion on fast moving consumer goods, that is food, beverages, cigarettes, personal and home care products a year. more

08.28.2015

Romania’s largest dairy business Albalact (ALBZ.RO) partnered up with Kandia Dulce, the largest chocolate producer on the local market, in a cross brand action to launch cacao-flavored and Rum taste more

07.02.2015

KMG International, the former Rompetrol group, is the largest exporter to Greece in Romania. The oil group, which owns the Petromidia Refinery on the Black Sea coast, shipped more than $200 million more