Category: Uncategorized

Brimerock Hospitality Investments, a private equity RAIF focused on hospitality assets in Southeast Europe, has officially launched its operations in Romania. It has also begun the due diligence for a potential funding of an Ibis hotel located close to the future Terminal 2 of the Henri Coandă International Airport, Bucharest’s main one. The project is…

Romanian restaurant group City Grill announced it would invest EUR 7 million in a production facility dedicated to its range of ready meals.  The unit, located in Buftea, in Ilfov county, will have an increased production capacity, from 5,000 to over 15,000 portions per day. The investment focuses on automation, operational efficiency, and low-impact environmental…

The private equity firm Booster Capital has acquired a majority stake in Servicii Publice SA, the Cluj-Napoca-based company active in the veterinary product distribution market.  This marks the exit of founders Aurelian and Liliana Ghișa from the shareholding structure. Ioana Ghișa remains both a shareholder and the company’s CEO, while the founders will take on…

Romanian software development and AI integration company Neurony aims to grow its team from 112 to 200 employees by the end of this year. The growth could be driven by increasing client interest in outsourcing services, corporate training programs for using Artificial Intelligence in business, and the recent launch of Recrutopia, a recruitment service that…

Hotel consulting and management company Premier Hospitality has partnered with Radisson Hotel Group for a Radisson Blu hotel in the popular mountain town of Sinaia, at Cota 1,400. The current hotel located at Cota 1,400 (the 1,400-meter elevation) will be rebranded as Radisson Blu. The opening is scheduled for the summer of this year, Ziarul…

German manufacturer Iwis has expanded its production facility in CTPark Oradea. The 4,000 sqm extension was completed and handed over by CTP, the developer, owner, and operator of industrial and logistics real estate. The project expands the company’s existing 7,000 sqm production facility, bringing its total footprint to 11,000 sqm. The German company’s investment amounted…

Romania’s Railway Reform Authority (ARF) has awarded Siemens Mobility a contract for the delivery of 12 two-car hydrogen-powered electric multiple units based on the Mireo Plus H platform. This marks the first hydrogen train contract in Romania and one of the first hydrogen projects in Eastern Europe, the company said. The agreement includes the delivery…

Gral Medical, one of the local players in the private medical services market, has reached total revenues of EUR 100 million, up 25% compared to the previous year, the company said. For 2026, the company has budgeted revenues of EUR 110 million, while first-quarter results show a 15% increase. The investment budget for 2026 amounts…

Reţele Electrice Romania, part of the PPC Group in Romania, has completed the modernization works for Obor Station, one of its electricity distribution stations in Bucharest. The works were aimed at increasing the safety and quality of electricity supply for consumers, while preparing the grid for the increased consumption requirements generated by the electrification of…

The Romanian Social Democratic Party (PSD), formerly part of the centrist ruling coalition, and the far-right opposition party Alliance for the Union of Romanians (AUR) have filed a no-confidence motion against the Ilie Bolojan government. The motion has the signatures of 251 members of Parliament, more than enough to bring down the executive, according to…