12.14.2020

One United Properties, a real estate developer controlled by Victor Capitanu and Andrei Diaconescu, said it took over the management for luxury residential project Rahmaninov Residence in capital more

11.02.2020

Elit Cugir, one of the largest manufacturers of cold cuts in Romania, saw its industry significantly affected by the COVID-19 pandemic in both production and distribution departments, says manager more

04.26.2017

Meat processor Elit Cugir of Romanian entrepreneur Dorin Mateiu, which went insolvent in 2014, is about to complete reorganization and meets all criteria to return to business as usual. more

03.23.2017

Star Transmission, the subsidiary of German group Daimler in Romania, has invested EUR36 million in opening a new production unit in Cugir (Alba County), that produces planetary gears for its more

08.18.2016

Star Transmission, the subsidiary of German group Daimler in Romania, continues its development strategy and inaugurated a new production unit in Cugir (Alba County). more

09.17.2014

Meat processor Elit Cugir, based in Alba county, one of the largest players in the local industry, with a turnover of EUR72 million last year, has entered insolvency, according to a ruling the Alba more

11.16.2011

Car components manufacturer Star Transmission Cugir (STC), 78% held by German group Daimler AG, expects a turnover of around EUR32 million this year, up 60% against 2010, which will come in part from more

08.24.2011

Romanian businessman Dorin Mateiu, who owns one of the largest meat processors domestically, Elit Cugir, expects revenue of EUR8 million from retail operations, which he started last year by opening more