Romania | News
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ZF English - 06:46 May 11, 2021
Duvenbeck Logistik, one of the largest transport and logistics companies in Romania, ended 2020 with RON326.1 million (EUR67.6 million) revenue, 19% lower than in 2019, when it posted about RON406 million (EUR85.7 million) revenue, Finance Ministry data show. -
ZF English - 09:43 May 10, 2021
Daniel Ortiz, former Head of Business-to-Consumer (B2C) Iberia, Endesa X, was appointed at the beginning of May as general manager of Enel X Romania, the company announced Monday. -
ZF English - 07:27 May 10, 2021
German-held discount retailer Lidl has climbed to the fifth place among importers in Romania in 2020, one place higher than in 2019. This is its highest position in the rankings since arriving on this market, after having spent 2017-2019 on the sixth place, National Statistics Institute data show. -
ZF English - 06:41 May 10, 2021
The cosmetics market went down 13% in Romania during the pandemic and net sales dropped to less than RON4 billion. The pandemic interrupted a good time for perfume, makeup and care product sales, which are lower per capita than in other countries anyway, so there is still room for development. -
ZF English - 08:37 May 06, 2021
The Black Sea Trade and Development Bank (BSTDB) has provided a EUR 15 million loan for the Midia Gas Development Project (MGD) to develop the Ana and Doina gas fields offshore Romania. -
ZF English - 07:34 May 05, 2021
Pharmaceutical manufacturer Sandoz SRL, owned by Switzerland’s Novartis, one of the largest five local pharmaceutical plants in Romania, climbed 61 places in the ranking of the largest importers to ninth in 2020, National Statistics Institute data show. -
ZF English - 11:20 Apr 29, 2021
Generics manufacturer Zentiva Group on Thursday reported sales of around RON1.05 billion in Romania in 2020, of which its factory in Bucharest generated RON558 million, 1% lower than in 2020, the company said in its annual report. -
ZF English - 07:01 Apr 23, 2021
Agribusiness group Rodbun is preparing an investment of up to EUR20 million in building the largest logistics park in Romania’s agricultural sector with an area of more than 40,000 square meters in Braila County, chief commercial officer Octavian Petrescu said. -
ZF English - 16:48 Apr 22, 2021
US fast food restaurant brand Buger King, brought to Romania in franchise system by Poland’s AmRest Group, is opening a new unit in Bucharest’s Victoriei Square, in the vicinity of the Romanian government building, which is the brand’s seventh restaurant in Romania. -
ZF English - 14:17 Apr 21, 2021
Germany’s Kaufland group, the leader of the local retail by sales in 2019, continues its expansion plans for 2021 and is opening a store in Tarnaveni (Mures County) Thursday (April 22), reaching a network of 142 hypermarkets in Romania. -
ZF English - 11:29 Apr 20, 2021
The European Investment Bank (EIB) will grant a EUR250 million 27-year financing to Romania for a regional 850-bed hospital in Iasi, northeastern Romania. -
ZF English - 07:39 Apr 20, 2021
The second-hand fashion market in Romania is developing like the regular fashion market, so retail and chains are emerging. This market started taking shape in Romania more than a decade ago but did not go beyond the stand-alone no-name store phase for a long time. -
ZF English - 08:39 Apr 19, 2021
The mergers and acquisitions market in Romania decreased 26% on the year in volume in the first quarter of 2021, with just 42 transactions announced compared with 53 transactions in the same period last year, a report by PwC Romania showed Monday. -
ZF English - 07:46 Apr 19, 2021
Fast-food restaurant chain Burger King grew to six restaurants in Romania at the end of last year after having opened three in 2020, a report of Poland’s AmRest group, which holds the franchise of the US brand in Romania and on several markets in the region such as Poland, Czech Republic, Bulgaria and Slovakia, shows. -
ZF English - 07:06 Apr 14, 2021
Ford Puma is the model with the most new car registrations in Romania in the first three months of the year, data from Romania’s motor vehicle department DRPCIV show. -
ZF English - 06:05 Apr 12, 2021
Italy’s De’Longhi beat Arctic for the first time in 2020 and became the leading exporter of home appliances in Romania. -
ZF English - 17:47 Apr 08, 2021
The stores in Romania and Cyprus of Greek-held toy retailer Jumbo doubled their sales in the first quarter of 2021, compared with the same period of 2020. -
ZF English - 13:59 Apr 08, 2021
French hotel management group Accor has announced the signing of a management contract with the owner of Mercure Sighisoara Binderbubi Hotel & SPA for the operation of the Binderbubi Hotel in Medias, which will become the seventh unit of the Mercure hotel chain in Romania. -
ZF English - 07:10 Apr 08, 2021
Sales of networking equipment doubled in volume in Romania last year, as a result of work from home and learn from home trends, due to the restrictions imposed to contain the spread of the coronavirus, the officials of Chinese-held TP-Link company, one of the largest networking products businesses in the world, said. -
ZF English - 13:26 Apr 07, 2021
Enel X Romania, part of Enel X, the division of advanced energy services of Enel Group, is going to install 25 fast recharging stations for electric vehicles within several shopping centers in Romania, which are included in the portfolio of NEPI Rockcastle, the largest real estate investor in the retail real estate sector in Romania.