yesterday, 10:22

Farmaceutica Remedia, a major group on Romania’s pharma market, owned by entrepreneur Valentin Tarus, has budgeted RON621.5 million turnover in 2022, up 30% on the year. more

yesterday, 10:16

Building company Drum Asfalt of Bihor, owned by Floare Petroi, has EUR1 million investments underway by yearend, with the money set to be directed to work equipment and personnel. more

yesterday, 09:40

Coffee shop chain Ted’s Coffee is set to open another four units in 2022, according to Vasi Andreica, the chain’s founder. more

06.27.2022

Car parts producer Bos Automotive Products Romania S.C.S, a subsidiary of Germany’s BOS GmbH&Co. KG, ended 2021 with a turnover of RON410.7 million (EUR83.5 million), up 12.4% from RON365.4 million more

06.27.2022

Dacia Plant, which specializes in manufacturing food supplements and tea, overshot the RON50 million turnover mark in 2021 after a 24% year-over-year increase. more

06.27.2022

The four building materials factories in Romania of Austrian Leier Group generated combined revenue of RON286 million in 2021. more

06.27.2022

The Romanian subsidiary of Sweden’s Ericsson, one of the world’s biggest suppliers of equipment, software and services for telecom operators, had a net profit of RON21.7 million in 2021, up 45% on more

06.27.2022

Simus Trading, the company operating photo and video equipment store Photosetup, saw its turnover surging by 63% in 2021 to RON12.1 million, in line with finance ministry data. more

06.24.2022

ELKO Romania, a company member of Latvia’s ELKO Group, one of the largest regional wholesalers of IT and consumer electronics products, had a turnover of $105 million in 2021, up 28% from 2020, and more

06.24.2022

US Burger King group, one of the most famous fast-food chains in the world, reported a turnover of RON54 million in 2021 in Romania, more than double the level reported in 2020. more

06.23.2022

Raffaello Shoes Factory, the largest footwear manufacturer in Romania, held by Italy’s Grisport, reported for 2021 a net profit of nearly RON7.3 million (EUR1.5 million), tenfold higher than nearly more

06.23.2022

French group Lagardère, present in Romania via Travel Retail, Lagardère Travel Retail, active in the travel retail sector, plans to open 30 new spaces in Romania by the end of this year, mainly more

06.23.2022

One of the oldest companies present on Romania’s IT market, Apcom IT Distribution, previously operating under the name of IRIS, which stands out on the market by being the sole authorized more

06.23.2022

Albalact, the largest company in Romania’s dairy sector and part of Lactalis Romania group, in 2021 reached RON848.7 million turnover, up 11% year-on-year. more

06.23.2022

Four-star Nyota Hotel & Conference Center of Mamaia, with a capacity of 73 accommodation places, has budgeted 10% higher turnover for this year. more

06.23.2022

Micromedica, set up in 1995 and taken over in 2019 by MedLife, the biggest player on Romania’s private healthcare market, plans to open a clinic in Bacau this year. more

06.22.2022

Romanian furniture manufacturer Iris Service Ciuc, held by entrepreneur Negru Petru, on Wednesday said it ended 2021 with a turnover of RON143.8 million (EUR29.2 million), up 48% from RON97.1 million more

06.22.2022

Romania’s national guarantee fund for small and medium-sized businesses (FNGCIMM) on Wednesday said it had a net profit of RON34.5 million in the first quarter of 2022, up 7% on the year and 36% more

06.22.2022

OMV Petrom (SNP.RO), Romania’s only oil and gas producer, on Wednesday said that, based on the authorization received from the Extraordinary General Meeting of Shareholders dated April 27, 2022, the more

06.21.2022

Cargus, one of the largest players in the courier industry in Romania, ended 2021 with a turnover of RON450 million, down almost 9% from 2020, and had a constant level of the volumes delivered, more

06.21.2022

Arad-based Smart Diesel, founded by Romanian entrepreneurs Ovidiu Andries and Daniel Imbre and taken over in late 2020 by Germany’s DKV, for 2021 reported turnover worth RON1.571 billion (EUR319.3 more

06.21.2022

Alka Trading Co, the biggest company part of Alka group, a producer of croissants, biscuits and wafers, has budgeted RON329.8 million turnover for 2022, up 17% from the previous year. more

06.21.2022

ADA Fabrica de Mobila, one of the ten largest furniture producers in Romania, for 2021 reported turnover worth around RON208.3 million (EUR42.3 million), up 13.5% on the year, in line with ZF more

06.21.2022

Pharmaceutical wholesaler Europharm Holding, a major player on Romania’s market, for 2021 reported turnover worth RON778.4 million (EUR158.2 million), up 12.4% from the previous year, in line with more

06.21.2022

The 4-star Iaki hotel in Romania’s seaside resort Mamaia, owned by former soccer international Gheorghe Hagi, posted RON17.2 million turnover last year, up 31% from 2020. more