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Hello Holidays opens office in Iasi
Wednesday, July 30, 2025
Hello Holidays, one of the leading travel agencies in Romania with over 18 years of experience in organizing vacations both domestically and abroad, announces the official opening of its newly renovated, modern, and welcoming office in Iasi. The space is dedicated to all travel enthusiasts and was inaugurated in the presence of local media representatives and numerous influencers from the region. Located in a central area, the Iasi ...
Over €600 Million Reached Romanian SMEs Through InvestEU Guarantee Funded by the NRRP
Wednesday, July 23, 2025
Since 2023, around 2,000 Romanian small and medium-sized enterprises (SMEs) have received a total of €610 million in funding to support competitiveness, business development and expansion, the creation of sustainable products and services, renewable energy investments, and energy efficiency improvements. This financing was made possible through Romania’s National Recovery and Resilience Plan (NRRP), which established a ...
Orsova Shipyard Signs €8.8M Deal to Build Two New Vessels
Wednesday, July 23, 2025
Orsova Shipyard has signed two contracts worth €8.8 million for the construction of two river vessels, which are scheduled for delivery by September and December 2026, respectively. Regarding the buyer, the company states that this information is protected under a confidentiality clause. “Orsova Shipyard SA, in accordance with the provisions of Article 234, paragraph (1), letter (i) of ASF Regulation no. 5/2018, informs shareholders and ...
Affidea Romania Acquires MedIF, Multimed, Kaliophion
Wednesday, July 23, 2025
Affidea Romania, a European provider of diagnostic imaging, outpatient care and cancer treatment, recently acquired the medical centers MedIF in Otopeni, Multimed in Miercurea Ciuc and Kaliophion Medical in Braila, expanding the national network to 74 multidisciplinary clinics. By acquiring the clinic in Miercurea Ciuc, it expands its presence in the region, where it was present with other medical ...
Cargus invests over €500,000 in new logistics hub in Drobeta-Turnu Severin
Wednesday, July 23, 2025
Cargus, one of the courier companies in Romania, is expanding its operations in the south-west region of the country by relocating its logistics hub in Drobeta-Turnu Severin to a newly built facility that is twice the size of the previous one. The investment exceeds €500,000 and is part of a broader strategic plan aimed at modernising the company’s logistics infrastructure nationwide. The new facility, built from the ground up on a site ...
bNovate signs new distribution agreement with Romanian companyFood Instruments
Wednesday, July 23, 2025
bNovate Technologies, the leading provider of real-time microbial water monitoring solutions, has signed an important new distribution agreement with Food Instruments SRL to facilitate water quality improvements and environmental compliance in Romania. At a time when Romania faces urgent water quality challenges, including industrial contamination, agricultural runoff, and ageing infrastructure, this new partnership will bring BactoSense technology to both municipal ...
Ceres Pharma announces the completion of the integration process between Dacia Plant and Viva Pharma in Romania
Wednesday, July 23, 2025
The Belgian company Ceres Pharma announces the official completion of the integration process between Dacia Plant and Viva Pharma. Internationally, Ceres Pharma is a Belgian pharmaceutical group with direct presence in 7 countries (Belgium, Italy, Hungary, Slovenia, Serbia, Romania and Bulgaria) and in over 50 markets through local distributors. The group has approximately 500 employees. The company specializes in the development, production and distribution of ...
BVB CEO praises aluminum maker Alro as a model of stock market-driven growth
Wednesday, July 16, 2025
Aluminum maker Alro's industrial perseverance has transformed a 1965 plant into an integrated European leader, capable of producing 265,000 tons of primary aluminum and 100,000 tons of products annually, said Bucharest Stock Exchange (BVB) CEO Remus Vulpescu on Tuesday, at an event marking the 60th anniversary of uninterrupted activity for the industrial capacity and 28 years since its listing on the stock exchange."Alro's listing in 1997 opened the company's ...
Competition Council Wins Case Against Claas Regional & Global
Wednesday, July 16, 2025
The High Court of Cassation and Justice (ICCJ) has definitively confirmed the violation of the Competition Law by CLAAS Regional Center Europe and CLAAS Global Sales for price fixing of “Claas” brand products. CLAAS Regional Center Europe and CLAAS Global Sales are two of the nine companies sanctioned by the Competition Council in 2020 with fines totaling 126.9 million lei, for coordinating their commercial behavior and setting sales ...
Wizz Air to Open First Maintenance Hub in Romania at Baneasa
Wednesday, July 16, 2025
Wizz Air and Romaero, Romanian aerospace and defense company, have announced the opening of the first dedicated Wizz Air aircraft maintenance center in Romania. The facility will be located within Romaero’s premises near Bucharest Baneasa International Airport. With new aircraft already announced for the airline’s bases in Baneasa, Sibiu, Suceava, and Timisoara by the end of 2025, Wizz Air is set to operate a local fleet of 43 aircraft for the upcoming winter ...
Competition Council Reviews Mehiläinen Oy’s Takeover of Regina Maria
Wednesday, July 16, 2025
The Competition Council is reviewing the transaction by which Mehiläinen Oy intends to acquire Centrul Medical Unirea SRL (Regina Maria Group). Mehiläinen Oy is a private provider of social and healthcare services, present on the markets of Finland, Estonia, Germany, Sweden and Lithuania. Centrul Medical Unirea SRL, together with its subsidiaries, operates under the name Grupul Regina Maria, a private ...
Blue Air officially enters bankruptcy
Wednesday, July 16, 2025
Bankruptcy and restructuring firm Infinexa has opened bankruptcy proceedings for Blue Air Aviation, following the low-cost airline's failed efforts to attract an investor, the judicial administrator said."A series of uncertainties had piled up that generated continuous loss and action was necessary to keep it in check. Bankruptcy is the fairest solution to protect the interests of creditors in the current context, and is intended to maximize debt-recovery ...
Raben Romania expands with new warehouse at CTPark Brasov West
Wednesday, July 16, 2025
CTP has signed a new lease agreement with long-term client Raben Romania, which has taken 1,800 sqm at CTPark Brasov West. With this new space, Raben now operates 10 warehouses across Romania, and a total of 15,000 sqm leased in CTParks nationwide. The new warehouse in Brasov strengthens Raben’s national logistics network and will serve as a hub for cross-docking, contract logistics, co-packing, and final-mile deliveries to ...
LIBERTY Galati Appoints New Executive Management Team
Wednesday, July 16, 2025
In a strategic move to enhance operational performance and production capabilities, LIBERTY Galati, Romania’s largest steel producer, has announced major changes to its executive leadership team. This includes the appointment of a new Board Member, an interim General Manager, and the launch of a recruitment process for a permanent General Manager. Leadership Changes at LIBERTY ...
INVL Baltic Sea Growth Fund Acquires Romania’s Pehart Group
Wednesday, July 16, 2025
INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltics, has finalized the acquisition of Pehart Group, one of Romania’s top producers of household and industrial paper products. The transaction, completed on July 11, was supported by a financing package of ...
Nearly three-quarters of Romanian SMEs use Artificial Intelligence
Wednesday, July 9, 2025
Nearly three-quarters (73%) of Romanian Small and Medium Enterprises (SMEs) use Artificial Intelligence (AI) in their activities, but only 22% implement the technology at scale, according to a new benchmark report published by AI Chamber.According to the research, across Central and Eastern Europe (CEE), over 75% of SMEs are using AI, and 25% are using it at scale. The main applications are data analysis (40%), translation (35%), and task automation (28%).In ...
Competition Council Reviews Electro Alfa’s Takeover of Elcomex IEA
Wednesday, July 9, 2025
The Competition Council is reviewing the transaction through which Electro Alfa Servicii Inginerie SRL intends to acquire Elcomex I.E.A. SA. Electro Alfa Servicii Inginerie SRL is part of the Electroalfa Group, which provides electrical and mechanical design services, bidding, delivery, installation, commissioning, and maintenance for the equipment it supplies. The Electroalfa Group is also involved in the production of electrical distribution ...
Simtel signs an EPC contract worth RON 169 M for the construction of a battery energy storage project
Wednesday, July 9, 2025
Simtel, an engineering and technology group listed on the Main Market of the Bucharest Stock Exchange and one of Romania’s leading renewable energy players, announces the signing of an EPC (Engineering, Procurement, and Construction) contract with Energy Capital Group, owned by MOGAN Bucharest SRL, part of the GÜR?? Group from Turkey, for the implementation of a battery energy storage project. The value of the contract amounts to 168.9 million lei, excluding VAT, and the ...
Metso Invests in New Screen Plant in Romania to Boost Supply
Wednesday, July 9, 2025
Finland-based Metso is strengthening its stationary screen manufacturing capabilities by establishing a new production center in Oradea, Romania. This strategic investment supports the company’s screening business growth plan by increasing manufacturing capacity and improving proximity and service responsiveness for customers across Europe, Central and East Asia, and the Middle East. The new facility will boost Metso’s overall screening ...
ALFA Group Buys Majority of Iride Park for €55M from CPI
Wednesday, July 9, 2025
CPI Romania (part of CPI Property Group) sold a portfolio comprising most of the IRIDE Park project, the related logistics and two neighboring properties with further development potential, to ALFA Group, the company under which Alin Niculae (founder of the independent diesel distributor Oscar Downstream) grouped his business. The transaction is valued at approximately 55 million euros and is one of the most important on the local real estate market ...