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iStyle Retail SRL, the largest Apple Premium Reseller retail chain in Central and Eastern Europe, for 2023 reported net turnover worth RON590.4 million (EUR118.7 million), up 6% from 2022.
Intuitive.Cloud Romania, the local subsidiary of the US company specializing in cloud engineering, wants to hire more than 100 professionals in Romania in the next 12 months, for various roles and has chosen to collaborate with recruitment firm Hays Romania to this end.
Santierul Naval Orsova (Orsova Shipyard-SNO.RO) has sales a new contract worth EUR4.05 million with Rensen-Driessen Shipbuilding group of the Netherlands.
Natural gas producer and supplier Romgaz in the first half of this year registered an overall hydrocarbon production of 16.12 million boe, up 4.6% from the same period of 2023. At the same time, electricity production reached 450.8 GWh in H1/2024, down 9.4% from H1/2023 amid an 18.3% decline in the first three months of the year.
Sixty foreign direct investments were carried out in Romania in 2023, with the figure placing Romania ahead of Greece and Bulgaria, reveals EY Attractiveness Survey Romania 2024 study.
Belgian-held logistics space developer Warehouses De Pauw (WDP), also present in Romania, is taking a EUR250 million loan from the European Investment Bank (EIB) to install solar panels on roofs and increase the number of electric vehicle charging stations for tenants.
Winemaker Cramele Recas intends to buy into Tenuta Odobesti, joining Italian businessman Mosconi Fabrizio, who had owned the entire company until now.
Flag carrier Tarom set out to attain RON278 million profit in 2024 compared with a RON99 million loss in 2023, its spending and revenue budget published by the Finance Ministry shows.
Romania car production rose by 8.6% in the first six months of 2024 against the year-earlier period, to a total of 292,378 units, of which 169,990 cars were churned out by Automobile Dacia and 122,380 by Ford Otosan, in line with data provided by the country’s carmakers association ACAROM.
Automotive systems manufacturer Autoliv Romania will invest EUR3 million in a 5.7 MW photovoltaic project implemented by Allview Solar Energy, the green energy solutions arm of Visual Fan, in association with Waldevar Energy.
Leroy Merlin, the second largest DIY retailer locally by turnover, is readying to open a new store in Bistrita next year, also having works underway for other openings both in Bucharest and other cities.
Furniture maker Iris Service Ciuc, controlled by entrepreneur Negru Petru, in 2023 registered turnover worth RON168.1 million (EUR34 million), down 4.3% from the previous year.
Linde Gaz Romania, the local subsidiary of German-US industrial group Linde Plc, in 2023 reached turnover worth RON1.087 billion (EUR219.8 million), down around 5% from 2022, in line with ZF calculations based on Finance Ministry data.
MMM Autoparts, a producer of hoses for the automotive industry and the local subsidiary of Spain’s MMM Group, for 2023 reported turnover of RON263.5 million (EUR47.8 million), 22.6% higher than in 2022, in line with ZF calculations based on Finance Ministry data.
Car parts producer Preh Romania, a supplier to Porsche, Mercedes or Tesla, in 2023 registered turnover worth RON1.388 billion (EUR280.7 million), slightly up, by 0.65% from 2022, in line with ZF calculations based on Finance Ministry data.
Hochland Romania, a major dairy producer locally, for 2023 reported turnover worth RON832.8 million (EUR168.3 million), up 14.2% from 2022, in line with ZF calculations based on Finance Ministry data.
Delaco Distribution, held by France’s Savencia Fromage & Dairy, posted about RON594 million (EUR120 milion) revenue in 2023, an increase of 6.2% on 2022’s RON559.3 million (EUR113.4 million), Finance Ministry data show.
Remedium Farm, a 32-pharmacy chain in Cluj County, held by pharmacist Viorica Garvea, has increased revenue by 17% to RON294 million in 2023, Finance Ministry data show.
Metro has appointed Cristian Stoenica franchise director and member of the board of directors of Metro Convenience Romania, the operator of LaDoiPasi Extra brand, a franchise format for urban areas, currently being trialed.21142 items