03.24.2022

Romanian drug maker Biofarm, a major player on the local market, plans to double turnover within the next 5-7 years after having opened a new drug plant in Bucharest last year in the wake of EUR35 more

03.11.2022

Antrepreneur Adrian Badescu, owner of Medici’s clinics of Timispara, expects the hospital he’s building in the center of Timisoara to treat the first patients in mid-2023. more

03.07.2022

Airbag maker GST Safety Textiles Ro, the local subsidiary of Germany’s concern Global Safety Textiles, acquired in 2011 by South Korea’s Hyosung group, currently has 95 jobs avaibale at its more

03.04.2022

Retail turnover, the main barometer for private consumption, in January 2022 posted a 5.3% increase in gross series against the year-earlier period amid rising sales of car fuel in specialized stores more

03.02.2022

Romanian maritime port operator Socep Constanta, reported RON2.4 million profit for 2021, down 79.4% from the previous year. more

03.01.2022

AROBS Transilvania Software (AROBS.RO), the largest company listed on the AeRO market of the Bucharest Stock Exchange ended 2021 with RON172.5 million operating revenue at individual level, an more

02.25.2022

Private healthcare operator MedLife (M.RO) reported a pro-forma consolidated turnover of EUR332 million in 2021, up 51% year-on-year, and announced plans for acquisitions and growth of EUR120 million, more

02.23.2022

Travel agency J’Info Tours, one of the biggest locally, expects 30% higher turnover this year amid rising demand for exotic circuits, as well as for holidays in Greece, Turkey or Spain, according to more

02.21.2022

Almost 700 construction companies in Romania entered insolvency or bankruptcy in 2021, in line with Trade Registry data. more

02.14.2022

Pharmacy chain Minifarm expects to reach a RON300 million turnover mark and a 100-unit pharmacy chain, according to company officials. more

02.07.2022

Simion Prunean, manager of Grand Hotel Italia, the five-star hotel of Cluj part of Italy’s chain Select Hotels Group, says he hopes for a better year and has budgeted 18-20% higher turnover than more

02.04.2022

Marius Vinatoru, marketing manager of International hotel of Sinaia, says 30% higher turnover has been budgeted for this year. more

02.03.2022

Retail turnover, the main barometer for private consumption, in 2021 increased by 10.1% in gross series against 2020, amid rising sales of non-food items (13.6% growth), car fuel in specialized stores more

01.31.2022

Centrul Medical Provita, founded by doctor Ovidiu Palea, is carrying out its first investment outside Bucharest, the market it has so far grown on, and is set to open a pain therapy center in Suceava more

01.31.2022

The Romanian subsidiary of Sweden’s group Lindab, which has a metallic tile and other building materials plant in Stefanestii de Jos, Ilfov county, wants to develop its logistic capacities in more

01.31.2022

Car parts producer Bos Automotive Products Romania S.C.S, a subsidiary of Germany’s BOS GmbH&Co. KG, has 60 jobs available at the car parts plant of Arad. more

01.31.2022

The number of newly-established SRL-type (limited liability) companies went beyond 100,000 for the time in Romania, the highest level ever and double the value of ten years ago, reveals a ZF analysis more

01.26.2022

Building materials producer Cemacon Cluj-Napoca has, for 2022, the biggest investment budget of the past decade, with the main direction the money goes to being a new plant. more

01.21.2022

Michelin Romania, part of French group Michelin, one of the world’s biggest tire manufacturers, has come to have more than 4,500 employees locally. more

01.21.2022

Dedeman, leader of Romania’s do-it-yourself (DIY) market and the biggest Romanian entrepreneurial company by turnover, got beyond the 12,000-employee mark, in line with company data. more

01.21.2022

Bucharest’s five-star hotel JW Marriott, managed by Societatea Companiilor Hoteliere Grand, ended 2021 with turnover at 45% of 2019 level. more

01.18.2022

Turda-based precast concrete product maker ASA CONS, the builder of the MDF plant of Oarja, near Pitesti, a EUR150 million project of Turkey’s Yildiz Entegre, expects EUR21-22 million turnover in more

01.18.2022

Private healthcare services network Regina Maria, the biggest player on Romania’s market, owned by investment fund Mid Europa Partners, expects to cross the EUR300 million threshold in terms of more

01.18.2022

“We estimate CRC group (Chimcomplex is part of i.e.) will go beyond the first billion euro in terms of commodity production in just three years and turnover will reach EUR10 billion only vertically, more

01.17.2022

Electroglobal Cluj, a supplier of electrical solutions and equipment for industrial automation and lighting systems, controlled by Radu Ciorba jointly with Maksay Csaba, ended 2021 with 25% higher more