Baupartner Construct, part of Baupartner group controlled by Michael Dietrich, is the general entrepreneur in charge with building Promenada Mall of Craiova, the biggest mall in Romania in the past seven years.
BA Glass, a European producer of glass packaging and the only producer of glass containers in Romania, said it would invest over EUR1 billion in its 12 factories over the next five years, of which EUR150 million in Romania.
ABN Systems International (ABN.RO), which distributes IT&C products and accessories and owns the Tellur brand, estimates the call center market in Romania may grow by 15% in 2023, as most companies in the industry budgeted 12% to 20% growth in revenue this year and the number of employees should continue to increase, it said in a release.
Romania ranks 14th in the EU by the number of new passenger cars registered in January-February 2023, with 24,715 units, up 37.7% from the year-ago period.
Brazil’s IT services provider Stefanini IT Solutions is in talks to acquire another startup in Romania after having taken over a cybersecurity company and a digital marketing agency locally.
Spanish group Inditex, a major global fashion player, owning brands such as Zara and Massimo Dutti, in 2022 generated EUR75 million gross profit in Romania, up 13.6% from 2021 and more than double the 2020 level.
Foreign tourists spent EUR4.280 billion during their holiday in Romania in 2022, according to latest data from Romania's statistics board INS.
E-commerce sales in Romania reached EUR6.3 billion at the end of 2022, slightly higher than in 2021 (EUR6.2 billion), according to the estimates of GPeC, Romanian online store association ARMO and the main actors in the sector.
APS Group, a CEE asset manager, has bought a EUR24 million non-performing loan portfolio from a bank of Romania.
Belgian-held drywall products maker Etex Building Performance (formerly Siniat Romania) posted RON357 million revenue in Romania in 2022, an increase of 21% year-on-year. The growth came from an increase in prices, not from an increase in volumes.
Andersen Global, an international association of independent consultancies, founded in 2013 in the US, is expanding its activities in Europe via a collaboration agreement with CMF Consulting (CMF), a valuation services company of Romania.
German generics manufacturer Stada, which is building a plant in Turda, Cluj, in 2022 generated RON247 million turnover in Romania, 37% higher than in 2021.
French building materials manufacturer Saint-Gobain in 2022 overshot the 2,000-employee mark in Romania in 2022, after it recruited further amid the expansion of local production capacities.
Dacia Mioveni and Ford Otosan Craiova, the two car plants in Romania, manufactured 87,328 vehicles in January and February 2023, 10% more than 79,282 units produced in the first two months of 2022, as per data from the country's carmakers association ACAROM.
British software company is cementing its foothold in Romania and opening a new office in Craiova, on an around 500-sqm area.