Colaborator
Miruna Diaconu
- Fields
- Companies, Analysis, Real Estate
- Writing for ZF since
- 2021
- Articles
- 306
Romania Hotel Sector Doubles in Size in 25 Years
Romania hotel market has doubled its size in the past 25 years, from 811 hotels in 2000, to 1,600 hotels in 2024, in line with the country’s statistics board INS.
Farmec Ends 2024 with 2% Higher Profit vs 2023
Mircea Turdean, general manager and stakeholder in cosmetics producer Farmec, says 2024 was difficult, but the company managed to end the year with 12% higher turnover and 2% higher profit a...
Romania Airports Register 26 Million Passengers in 2024, New Record High
Local airports posted a new record high number of passengers in 2024, with 26 million persons transiting local terminals, up 6% from 2023, in line with data provided by the Romanian Airport...
Altex Plans To Invest EUR200M for Expansion in Next 3-5 Years
Altex, Romania’s largest electro-IT retailer, aims to invest EUR200 million in expansion in the next 3-5 years, says Dan Ostahie, the company’s founder.
PartnerVet Aims to Reach 40 Vet Clinics in Next Four Years
PartnerVet, a business founded by Ioan Masca, but which has also attracted major investors such as Ferenc Korponay and Sacha Dragic in its shareholding structure, plans to reach 40 veterinar...
Romania Small Furniture Producer Luiss Wants to Furnish Four and Five-Star Hotels in the West
Luiss is a small furniture producer of Targu-Ocna, which has worked with four and five-star hotels, with Swissotel hotel of Poiana Brasov as its latest project.
Number of SMEs in Romania Up 40% in 16 Years
In the past 16 years, the number of microenterprises, small and middle-sized companies has gone up by almost 40%, with the growth primarily supported by a rising number of microenterprises,...
5 to go Likely to Reach 670 Coffee Shops By End-2024
5 to go coffee shop chain is likely to reach around 670 coffee shops by yearend.
Bucharest’s Corinthia Hotel Set to Open in Q1/2025
Bucharest’s Corinthia hotel will open in the first part of 2025, more specifically in the first quarter, Simon Casson, Corinthia Group CEO, told ZF.
ARO Palace Signs Franchise Contract with Hyatt to Rebrand Brasov Hotel
Hotel company ARO Palace, controlled by Transilvania Investments, has signed the franchise agreement with hotel chain Hyatt to transfer the ARO Palace hotel under the international brand.
ThaiCo Spa Center Network Expands Outside Bucharest
ThaiCo spa center network, with four units in Bucharest, is operating its first investment outside Bucharest, in Cluj-Napoca, in a location with a total area of over 400 square meters.
Belis-Fantanele Compound to Reopen under Hampton by Hilton Brand in 2026 after One Year Delay
Belis-Fantanele compound of Cluj county will reopen in the second half of 2026 under the Hampton by Hilton brand, the representatives of Transilvania Trek, which owns the complex, told ZF.