Companies
Sport Guru Reaches Agreement To Acquire The Entire Bikexpert Business
Sport Guru, a retailer and distributor of sporting goods, has announced the completion of negotiations for the full acquisition of the Bikexpert business, one of the oldest bicycle retailers...
Canadian Sportswear And Accessories Brand Lululemon Announces Entry On Six European Markets, Including Romania, In 2026
Canadian sportswear and accessories brand lululemon announces entry on six new markets in Europe via franchising in 2026, including Romania.
AHK Romania Welcomes Planned Elimination Of Minimum Turnover Tax In 2027
The Romanian-German Chamber of Commerce and Industry (AHK Romania) takes note of the Romanian Government's decision to reduce the minimum turnover tax to 0.5% starting January 1, 2026 and to...
Romania's Antitrust Watchdog Slaps Three Tobacco Companies With EUR26.6M Fine
Romania's Competition Council has fined the companies Philip Morris Trading SRL, Interbrands Orbico SRL and Mediaposte Hit Mail SA with fines totaling RON135.2 million (EUR26.6 million) for...
Greek Jewelry Brand Anna Maria Mazaraki Enters Romania
Greek jewelry brand Anna Maria Mazaraki has opened its first Romania store in ParkLake Shopping Center, a project developed by Sonae Sierra.
Hydroagrifer Buys Majority Stake in Constructii Feroviare Craiova From Infinity Capital Investments for RON1.7M
Dolj-based Hydroagrifer, specializing in trade with pumps and automation elements for various industrial applications, has acquired the majority stake in Constructii Feroviare Craiova from I...
Poland’s LPP Wants to Speed Up Sinsay Expansion
Polish fashion group LPP, which has five brands in its portfolio, is accelerating expansion of its discount brand Sinsay, under which 200 units are already opened in Romania.
Bakery Maker Lidas Slips into Red in 2024
Bakery producer Lidas, controlled by entrepreneur Elena Anastase, for 2024 reported turnover worth RON186 million (around EUR37.4 million), up 13.7% from 2023, in line with ZF calculations b...
Craiova Airport Inaugurates New Terminal For Up To 2 Million Passengers
Craiova Airport is set to inaugurate a new terminal on Thursday, December 18, which has a surface area of 33,000 square meters and can handle up to two million passengers a year, the officia...