Found 19544 news
Industrial pipe maker Silcotub Zalau, part of the Tenaris group of Italy’s Rocca family, posted RON3.770 billion (EUR758 million) revenue in 2024, 1.4% lower than the RON3.824 billion (EUR773.2 million) of 2023, according to ZF’s calculations based on Finance Ministry data.
Businessman Iosif Forgaci, who founded and developed one of the largest producers of sandwiches in Romania, Bite Sandwiches based on Mures, is now betting on a new business – the world’s smallest gelateria.
Businessman Raul Ciurtin, the creator of the Zuzu dairy brand and one of the most powerful entrepreneurs in the food industry in Romania, has invested more than EUR30 million in a hospitality industry project in Cluj.
City Grill Group, the largest Romanian-owned restaurant group in the hospitality market, has launched a new version of its Out4Food app which boasts 380,000 users at present and an average frequency of nearly 3 orders per month from 30+ restaurants.
Chemical industry company Sinteza Oradea (STZ.RO), on May 20 announced withdrawal from the investment project to develop a new facility for the production and testing of electrolytes used in making industrial batteries, co-funded via the National Recovery and Resilience Plan.
Romania's Competition Council has carried out unannounced inspections at the headquarters of six car importers, as part of ex officio investigations into the automotive maintenance and repair services market and/or the car spare parts distribution market in Romania.
The European Bank for Reconstruction and Development (EBRD) has successfully subscribed to a EUR76 million ticket as part of the existing green bond program of VGP, a pan-European provider of high-quality logistics and semi-industrial real estate.
Companies IULIUS and Atterbury Europe have contracted a syndicated loan of approximately EUR400 million to finance the development of RIVUS Cluj-Napoca, the largest urban reconversion project in Romania.
Ursus Breweries, part of Asahi Europe & International and the leader of the beer market in Romania, announces the appointment of Dan Timotin as Managing Director for Romania, starting July 1, 2025.
The number of job vacancies in Romania stood at 32.6 thousand in the first quarter 2025, fewer by 1.7 thousand than in the fourth quarter of 2024, data from the country’s statistical office INS showed on Tuesday (May 20).
Romania's Competition Council has approved the transaction through which Finestore Distribution S.R.L. and Match Point S.R.L. intend to acquire the company Wine Point S.R.L.
The volume of construction works in Romania increased by 6.4% in unadjusted data and by 3.1% when adjusted for the number of working days and seasonality, in March 2025 compared to March 2024, data from Romania’s statistical office INS showed on Tuesday (May 20).
Nuclearelectrica, Romania’s sole nuclear power producer, on May 19 placed a term deposit without extension at Exim Banca Romaneasca, worth RON300 million.
Stay Fit Gym, the fitness network with the largest coverage at urban level in Romania, is expanding its portfolio via a partnership with Sheraton Bucharest Hotel, part of Marriott International group, for the opening of a new fitness center in the wake of an over RON5 million investment.
Kastamonu Romania (former Prolemn), held by Türkiye’s Kastamonu Entegre, posted RON738.9 million (EUR148.5 million) revenue in 2024, an increase of 12.5% on the RON656.7 million (EUR132.7 million) of 2023, according to ZF’s calculations based on Finance Ministry data.
Carmistin The Food Company, one of the major players in the agrifood industry, owned by Iustin and Andra Paraschiv, has invested EUR76 million in a poultry factory, one of the most modern in Eastern Europe.
Drosera Comserv, the manager of the Jelna winery in Bistrita-Nasaud, posted about RON55.4 million (EUR11.1 million) revenue in 2024, an increase of 39.5% on the previous year’s RON39.7 milion (EUR8 million), Finance Ministry data show.
The five-star Marmorosch Bucharest Hotel, held by Lithuania’s Apex Alliance Group, expects 10% higher revenue in 2025, but the first quarter was not as good as the first quarter of 2024, due to the uncertainty in the market.
Yokohama Rubber Co, one of the largest Japanese tire makers has entered the Romanian market by buying a factory specializing in tires for heavy-duty machinery in Drobeta Turnu Severin.
IKON Trading, a distributor of professional products for beauty salons in Romania, ended 2024 with a turnover of over RON28 million (EUR5.6 million), up 18.8% from a RON23.6 million (EUR4.7 million) turnover reported in 2023, as per calculations by Ziarul Financiar (ZF) daily based on finance ministry data.19544 items