In the last two decades, the number of hotels in Romania affiliated to an international brand has tripled to 76, following EUR1 billion investments by local entrepreneurs, according to ZF estimates.
Nidec electric motor and drive and control equipment factory in Oradea, owned by the Japan’s Nidec Group, posted RON168.7 million (EUR33.9 million) revenue in 2024, down 24.4% from the previous year’s almost RON223.3 million (EUR45.1 million), according to ZF calculations based on Finance Ministry data.