Brasov | Romania Feed

Panoramic Restaurant on the Tampa Mountain in Brasov will reopen next year, after ANA Hotels bought it from Aro Palace in 2022 and said it planned to invest in it.

Retailer Auchan is opening the first discount hypermarket under the Atac brand, in Romania's central city of Brasov.

Airline Dan Air announced it would be flying from Bacau as of November 13, after leaving Brasov. The main reason why it made this decision was that the Brasov Airport delayed extending its opening hours from 12 at the moment to 16 from November 3 to January 2024.

Olympus, the third largest dairy producer in Romania, is investing over EUR40 million in the construction of a logistics center in Halchiu, in the country's central county of Brasov, where there is also a factory built in 2011.

Real estate developer Grand Development, founded by Ionut Nicolescu, is set to invest EUR12 million in Montebello Transylvania Resort development, a 47-villa compound located near Brasov.

Hotel company Aro-Palace (ARO.RO) has informed the local capital market of a sealed-bid auction for the sale of the Coroana-Postavarul hotel in Brasov (central Romania).

Three-star Capitol Hotel in the center of Brasov, held by Aro-Palace, will move to an international brand this year, says Aro-Palace chairman of the board of directors Calin Ilie.

Constanta, Iasi, Brasov and Bucharest boast the largest investments underway in accommodation units, reveals a ZF analysis carried out based on IBC Focus platform data.

Diehl Controls, a German manufacturer of components for household appliances, will invest around EUR40 million over the next ten years in an R&D center and production facility to be developed in Brasov.

Transportation company BlackCab has expanded into the Romanian north-eastern city of Iasi since Monday (Sept 5) and plans to tap into the markets of the cities of Brasov, Sibiu and Craiova until the end of 2022.

French do-it-yourself (DIY) retailer Leroy Merlin has opened its 20th store in Romania and the second in central city of Brasov on Friday (May 13).

MedLife Medical System on Thursday (May 5) announced in a stock market report that it completed the acquisition of OncoCard Hospital in the central city of Brasov following its approval by the Competition Council.

Austrian furniture and home decor retailer XXXLutz – with four stores in Romania under the XXXLutz and Mömax brands– will be opening a new Mömax store on the local market in the central city of Brasov, within the Coresi project developed by Ceetrus, accordng to an announcement on www.property-forum.eu.

Daniel Popa, country manager of Reynaers, a producer of aluminum systems for the constructions industry, said the company would open two new showrooms in Brasov and Constanta in 2022 after having opened 3 showrooms in Iasi, Cluj-Napoca and Timisoara in 2021.

A new hotel of the Double Tree chain will open in Brasov in 2023. The hotel will have a capacity of 150 rooms and require EUR21 million investment, Mircea Draghici, managing director of ESH Hospitality Consulting said at a ZF conference, organized in partnership with Bucharest Real Estate Club (BREC) on Tuesday.

Tei pharmacy chain, one of Romania’s most dynamic businesses, controlled by entrepreneur Roxana Maftei, is readying four new store openings in Bucharest, but is also set to expand to Brasov and Iasi.

Dedeman, Leroy Merlin, MAM Bricolaj, Brick Romania are just a few of the DIY retailers to announce they’ve put Brasov on their expansion list for the coming period.

French Accor Group continues the expansion of the ibis Styles brand in Romania, by opening a hotel in Brasov, held by Kronstadt Hotel and operated via a management contract.

Construction material retailer MAM Btricolaj will open two new stores in Brasov and Iasi by yearend.

Schaeffler Romania, the local subsidiary of Germany’s Schaeffler group with global revenue of EUR12.6 billion, plans to inaugurate in 2021 a new production unit in Brasov (central Romania), which will add to the five existing production units, and to the existing R&D campus, made up of engineering and testing centers.