05.05.2014

Wind farm developer Monsson Group, controlled by businessman Emanuel Muntmark, has acquired a majority stake in Romanian company Emon Electric based in Campina (in southern Prahova county). more

04.29.2014

Microsoft, Linde Gaz and ZTE are among the tenants of the first office building of Optica Business Park compound developed in the western city of Timisoara by the Cristescu brothers, owners of Bega more

04.16.2014

Romanian insolvency practitioner Casa de Insolventa Transilvania (CITR) will be rebranded into CITR, and will be part of CITR Group, a group of companies specializing in personalized solutions for more

04.09.2014

Doina Cepalis, the Pascani entrepreneur who owns Te-Rox group of firms manufacturing children’s car seats, took over 50% in stock of Terox Bhs Impex of Botosani, where she has already started more

04.03.2014

Iasi-based group Arcadia, which includes Arcadia Hospital, Arcadia Policlinic and Arcadia Cardio, posted revenue of EUR9.24 million in 2013, up 20% on the year, and eyes double-digit growth for this more

02.17.2014

Alka Group, a major player on the Romanian sweets and coffee market, plans to double its turnover over the next five years and increase exports, which now account for just 10% of the sales. more

12.31.2013

Aqua Carpatica, the mineral water brand created by businessman Jean Valvis in 2010, has come to compete against traditional brands such as Borsec and Dorna in the past few years. more

11.13.2013

The five shopping centers owned by Romanian businessman Iulian Dascalu and his Palas Iasi mixed development generated aggregate rental revenues of EUR46.6 million in the first nine months of 2013. more

10.22.2013

Waste recycling group Green Group estimates it will have an unconsolidated turnover of EUR140 million this year, 16.6% more than in 2012, while its profit margin stabilized at 10%. more

10.15.2013

Romanian telecom operator iNES Group said Tuesday it has fully taken over Digicom Systems, whose turnover amounted to 3.3 million lei (EUR0.74 million) in 2012, down 24% on the year. more

09.27.2013

Romanian media group Mediafax Group announced Friday it has bought a minority stake in 2Parale, Romania’s first and biggest affiliated marketing network. more

09.27.2013

A dentist, Israel-held Jupiter group, which owns a shopping center in Pitesti, southern Romania, and the manager of design and architecture firm Proiect Bucuresti are working on three real estate more

09.25.2013

David Gedlicka has been appointed Chief Executive Officer (CEO) of Porsche Finance Group Romania, as of September, the group said in a statement Wednesday. more

08.20.2013

Firms Rios Solar Renovables and Rios Total Solar, part of Spanish group Rios Renovables, which develops green energy projects in Romania, filed for insolvency at the beginning of August. more

07.22.2013

The five shopping centers owned by Romanian businessman Iulian Dascalu and his office center Palas Iasi generated aggregate rental revenues of EUR30.68 million in the first half of the year. more

07.09.2013

Romanian businessmen Emil and Marius Cristescu, owners of group Bega, want to sell several plots of land in Timisoara, with an area exceeding 20 hectares, and the buildings located on them. more

06.20.2013

Gernot Mittendorfer will take over as Chief Financial Officer of Erste Group Bank starting September 1, 2013 when the group’s current CFO Manfred Wimmer will retire, Erste Group, which controls more

02.28.2013

The solar power industry may create new jobs as a significant part of a photovoltaic project may be developed with Romanian resources, Halil Demirdag, CEO of power producer Smart Group, said Thursday. more

02.28.2013

Tymbark Maspex, one of the largest juice producers on the local market, Thursday confirmed it took over some of the assembly lines and two snacks brands from Craiova-based bakery company Pan Group. more

02.28.2013

Austria’s Erste Group Bank (EBS.RO) Thursday reported a net profit after minorities of 483.5 million euro in 2012, versus a loss of EUR718.9 million in the previous year, as the group’s risk costs more

02.21.2013

Romanian realty developer Iulius Group, owned by businessman Iulian Dascalu, has attracted three new tenants to United Business Center, the office component of the group's Palas Iasi mixed more

02.14.2013

Romanian realty developer Iulius Group, owned by businessman Iulian Dascalu, Thursday said it registered revenue of EUR55.6 million in 2012, from its four Iulius Mall shopping centers and the Palas more

10.30.2012

Italian group Policlinico di Monza, which owns 10 private hospitals in Italy, has finalized a EUR40 million investment in a 140-bed hospital in Bucharest, with the unit already being operational. more

10.26.2012

Mihaela Nicola, shareholder and CEO of communication group The Group, one of the largest on the Romanian market, said the communication industry will stagnate in 2013, similarly to this year. more

10.24.2012

Belgian group Atenor will finish in November 2013 the construction of the first building of Bucharest’s office compound Hermes Business Campus, whose development will be financed with funds obtained more