Europe's EV sales slowing due to reductions in EV incentives, lack of affordable EV models, and consumer concerns about insufficient chargers.
Investment in production machinery and military equipment in Romania increased by 80% last year compared to the pre-pandemic period.
Four companies alone hold almost two-thirds of the world's grinding capacity, and ten companies, all in advanced economies, share more than 40% of the retail confectionery market.
IBB Holding has a solid reputation built over time through the high-quality services provided in the implementation of highly complex projects in infrastructure.
The group will offer a maximum of 174,258,721 new shares to investors. The operation starts on June 3, 2024.
Flexibility in delivery options is considered important and very important by over 90% of online stores aiming to deliver internationally.
Up by almost 27% compared to the previous year, Fragedo ranks 14th, up by one position, confirming consumers' appetite for safe and high-quality Romanian products
Romania is uniquely positioned to capitalize on the benefits of acquiring and operating the F-35 Lightning II for the upcoming decades.
New Electric Arc Furnace will deliver huge environmental and competitive advantages.
Investments mark 20 years of DP World in Romania, with the business predicting it will become an increasingly important hub for European trade.
The results are up 19% compared to 2022, when the group ended the year with a turnover of over RON 467 million.
At least 75% of world trade is conducted through indirect sales channels (partner networks) and 80% of executives consider them important for business.
Bulgaria, Romania and Serbia still have a long way to go in the deployment of charging stations required for the desired uptake of electric vehicles.
New auto registrations saw a significant recovery in 2023 as Covid-induced supply-chain disruptions eased and pent-up demand released.
This is a response to the unfavorable and unpredictable developments in the business environment.
Prysmian Romania has commenced construction of a new production line at the Slatina energy plant, following a €23 million investment.
The industrial and logistics hubs developed by Transilvania Construcții serve top industries such as building materials, automobiles, food, IT, medical, and pharmaceutical.
Romanian customers demonstrate an exceptional level of awareness regarding home security.
The new production unit will be located near Bucharest and will be inaugurated this autumn.
Storm Shadow AI is an artificial intelligence solution, the result of over 8 months of intensive research and technological development.
Simtel Team targets in 2024 at the consolidated level, operating revenues of RON 394 million, EBITDA of RON 49 million and a net profit of RON 35 million.
The modernization of the North Power Station involved the complete consolidation of the building and the replacement of electro energetic equipment.
In Europe, out of four glasses of clean water extracted and produced, one is lost on the way to the final customer and never reaches the tap.
SIPEX,one of the largest distributors of construction and finishes materials from Romania, announces the preliminary financial results for the year 2023.
Turkish land systems manufacturer Otokar has entered into a joint venture (JV) agreement with Romanian defense company Automecanica to manufacture Otokar Cobra II 4x4.
Bolt Food, the food delivery arm of the ride-sharing platform Bolt, has appointed Alexandra Dinovici as the new General Manager for its local operations.
Premier Restaurants Romania, the operator of McDonald's restaurants in the country, announced a turnover of over RON 2 billion (€401 million) in 2024.
The Macroeconomic Confidence Index, compiled by the CFA Romania Association, has shown a modest increase in March 2025, rising by 7.3 points to 43.9 points.
Chinese car maker Chery has officially announced its entry into the Romanian market through a partnership agreement with Auto Italia Group, part of the Samelet Group.