Companies
George Copos Reopens Tampa Cable Car And Panoramic Restaurant In Brasov, After EUR20M Investment
Tampa cable car and the Panoramic restaurant, two architectural landmarks and tourist attractions in Brasov, will reopen on October 19, following an upgrade by ANA Teleferic, part of ANA Hol...
Toneli Invested EUR5M In Liquid Egg Factory In Dambovita County
Lebanese-held Toneli Holding, the egg market leader in Romania, has opened a liquid egg factory in the locality of Costestii din Vale, Dambovita County, following an investment of EUR5 milli...
Ascendia Receives Grant From ElevenLabs To Develop LIVRESQ’s AI Audio Infrastructure
Ascendia S.A. (ticker symbol ASC), one of Romania’s leaders in e-learning solutions, on October 15 announced that its educational content authoring platform, LIVRESQ, has received a grant fr...
Häagen-Dazs Takes Over Alpin Ice Cream Business In Romania, Part Of Deal To Acquire Food Union Group's Operations
Froneri, one of the world’s largest ice cream companies, which owns brands such as Häagen-Dazs, Cadbury, Oreo and Milka, has entered agreements to acquire the European ice cream business of...
Builder Concelex Modernizes Arad Penitentiary in almost RON50M Project
Concelex, one of Romania’s biggest construction companies, has won the contract for the upgrading of Arad Penitentiary, a project worth RON49.3 million (VAT not included).
Agricola Group Signs Leasing Agreement for 5,400 Sqms in ELI Park Bacau
Bacau-based Agricola group, a leading poultry, cold cuts and ready-meal producer in Romania, has signed a leasing agreement for 5,400 square meters in ELI Park Bacau, part of the portfolio o...
Sphera Franchise Group Secures Hard Rock Cafe Franchising Rights for Romania and Republic of Moldova
Sphera Franchise Group, the company that operates KFC, Pizza Hut and Taco Bell brands in Romania, is expanding its portfolio by taking over Hard Rock Cafe franchising rights for Romania and...
Builder Autotehnorom Swings To Loss In 2024
Autotehnorom, a Suceava-based construction company owned by the Ripan family, posted RON190.8 million (EUR38.3 million) revenue in 2024, down 5% from the previous year’s about RON201 million...
PwC: Romanian M&A Market Climbs To EUR1.5B In Q3/2025
Romania's mergers and acquisitions (M&A) market reached approximately EUR1.5 billion in the third quarter of 2025, per a PwC Romania analysis by George Ureche, M&A Partner at PwC.