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Romanian company Axes Software, specialized in developing software solutions for the logistics sector for over 18 years, ended 2023 with a turnover of RON9.7 million (nearly EUR1.9 million), up 12% versus 2022, below its initial target for a nearly 20% increase, in line with finance ministry data.
American company PDQ, which provides management solutions for active software, has paid over EUR20 million to acquire the entire package of shares of CODA Intelligence, a Romanian startup specialized in cybersecurity solutions, from its founders and from the two funds which had invested in the project, namely Early Game Ventures and RocaX, several sources familiar with the deal told Ziarul Financiar (ZF) daily.
Oradea-based Criboser, the second most dynamic road carrier in Romania by revenue in 2022, expects business to grow this year after buying 20 more trucks to carry goods from Belgium, Germany and the Netherlands.
Carmo-Lact Prod, the company based in Bistrita-Nasaud, which makes the Monor dairy products, had a turnover of RON249 million in 2023, up 19% on the year, in line with calculations by Ziarul Financiar (ZF) daily based on finance ministry data.
Deloitte Romania has assisted PIB Group Ltd, one of the leading insurance brokerage companies, with its headquarters in UK, in its entry on the Romanian market through the acquisition of STEIN Bestasig, a large player in the local insurance brokerage sector for corporate clients.
Dr. Leahu, the brand of dental clinics created by doctor Ionut Leahu 14 years ago, is going through a rebranding process and will take the name of the Regina Maria network, which bought 51% in the company in 2023. The new brand will be Regina Maria Dental Clinics, starting mid-May.
Lensa, one of the most important players in the Romanian eyewear market, recorded last year revenues of more than RON207 million, up 54%, and reached a network of 81 stores, after opening 47 in 2023.
SAP, a German producer of business software solutions and one of the leading European players in the technology industry, announces that it has extended the contract of Christian Klein for the position of CEO of the company by three years, until the end of 2028, company representatives said in a press statement.
Growth investment fund AGISTA has supported Romania's largest medical recovery chain, Centrokinetic, in acquiring its eighth clinic - Socrates Clinic in Timisoara (western Romania).
The European Bank for Reconstruction and Development (EBRD) is lending over EUR46 million as part of a EUR93 million financing package to build and operate a 102 MW onshore wind farm in Romania.
Silviana Petre-Badea is the new Chief Executive Officer (CEO) of SERVE Winery, one of Romania’s most prestigious businesses in the wine industry.
Foreign direct investment (FDI) into Europe declined in 2023, falling by 4% compared with 2022, and has dropped to 11% lower than in 2019, just before the COVID-19 pandemic hit, according to the annual EY European Attractiveness Survey 2024 – the most in-depth and long-running annual analysis of FDI into the continent.
Medicine sales went up by 15.5% in the first quarter of 2024 from the year-earlier period, to RON8.15 billion, as retail sales rose by 14.4% and hospital consumption increased by 22.5%, in line with a report by consulting company Cegedim.
RTK International, which has a network of over 3,000 affiliated travel agencies abroad, has entered Romania’s market.
Eviden Romania, part of French group Atos, a major IT&C integrator in Europe, announces the launch of CloudSecOps Center in Timisoara, Romania.
Building materials producer TeraPlast Bistrita, posted RON176.8 million turnover in the first quarter of 2024, up 20% from the year-earlier period, and narrowed losses to RON2.5 million, from RON2.6 million in Q1/2023.
Software and hardware provider Smart ID Dynamics in 2023 registered an annual 10% turnover decline, to RON103.6 million (EUR20.8 million).
Premier Restaurants Romania, the company that operates the over 100-restaurant network of McDonald’s in Romania, in a franchise system, in 2023 registered turnover worth above RON1.7 billion (over EUR350 million), 18% higher than in 2022.
Denmark’s Lego reached RON236 million turnover in Romania in 2023, up 16% from the previous year.
Private hospital Sanonfind of Campina, opened in 2015, ended last year with RON26.5 million turnover, from RON24.5 million in 2022. The company had 158 employees in 2023.19058 items