Network One Distribution (NOD), the largest player on Romania IT&C equipment distribution, controlled by Iulian Stanciu, one of the most powerful entrepreneurs in the IT industry, has started the race to overshooting a new business threshold, annual turnover of over RON3 billion, after a better-than-expected growth in 2024, inclusively in terms of profitability.
The profitability of Samsung Electronics Romania was under pressure last year, though the company’s turnover continued to grow.
German group DEHN, specializing in lightning and surge protection solutions and safety equipment, will officially start building new production unit in Romania, in CTPark Pitesti, on June 18, 2025.
Mairon Galati, controlled by Miron family, ended 2024 with RON804 million turnover, down 57% from RON1.87 billion in 2023, in line with Finance Ministry data and ZF calculations.
Romania insurance market had the most profitable year in 2024, with a 50% increase against 2023, to over RON1.4 billion, after three years of significant increases.