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China’s KSHG Auto Harness currently has 200 jobs available at the plant of industrial park CTPark Deva II of Hunedoara county.
The wholesale unit of Dona group, one of the largest on Romania’s pharma market, posted growth twice the market average in 2023, overshooting the RON2 billion threshold. The investment budget for 2024 stands at EUR2 million for the three warehouses.
The salt mines managed by Salrom – Slanic, Targu Ocna, Cacica, Ocnele Mari and Praid, generate 10% of the revenue of the company. Salrom posted ROM498 million revenue in 2022, according to the latest public data available.
betahaus, a company that operates coworking spaces in Berlin, Hamburg, Barcelona and Sofia, is entering the Romanian market with the opening of a hub in the Premium Plaza office building in Bucharest, owned by GTC, one of the leading real estate investors and developers in the CEE and SEE regions.
La Mama restaurant chain started by entrepreneur Catalin Mahu 25 years ago ended 2023 with 15% higher revenue than in 2022. Trotter Restaurant, the operator of the business ended 2022 with RON22.7 million revenue, the highest level after 2015, according to public data.
The total number of insolvency proceedings in Romania reached 6,650 in 2023, flat on the previous year, when companies started 6,649 new insolvency proceedings, the latest Coface Romania survey shows.
Agroland Agribusiness, a Romanian entrepreneurial company part of Agroland group, specialized in the sale of agricultural inputs, for 2023 reported operating revenues worth RON57.1 million, down 10% from 2022, and RON1 million net profit, 56% lower than in 2022.
Maxagro group, an entrepreneurial business set up 30 years ago by brothers Zifceak and that currently has a cultivated area of above 10,000 hectares in western Romania and one of the biggest cow farms in Banat, has an investment budget of around EUR5 million this year, which will support the development of the animal husbandry unit.
Software producer Wizrom plans to grow by acquiring other players on the market.
Romanians spent EUR8.5 billion in 2023 on holidays abroad, 15% more than in 2022 and up 60% from 2019, in line with ZF calculations based on BNR 2023 data.
Suceava-based TehnoWorld, a producer of polyethylene pipes, has been put up for sale, with EY consultancy handling the process, according to ZF sources.
IT group Bittnet Systems (BNET.RO) on Tuesday notified the capital market of the signing of a significant RON11 million contract by Dendrio Solutions SRL (part of the Cloud & Infrastructure business unit of the group).
Fondul Proprietatea via its manager Franklin Templeton International Services on Tuesday notified the Bucharest Stock Exchange of having completed the sale of its Engie Romania stake to GDF International for RON432.6 million.
Corteva Agriscience, a producer of agricultural seeds and plant protection products saw its business in Romania and the Republic of Moldova increase by 23% in 2023 compared with 2022.
Romania’s national power transmission company Transelectrica (TEL.RO) got EUR48 million non-repayable funding on Tuesday, February 20, via the tenth funding contract the Energy Ministry signed with the Modernization Fund.
Romanian company EXE Software, specializing in software solutions development, currently has four open vacancies, seeking people to fill the positions of cloud operations engineer, test engineer, .NET developer and senior software developer.
Renault Group put Emanoel Derta in charge of the Dacia Design Center in Bucharest as of this year. He replaces Ory Yohann, who had been running the studio since 2021, overseeing the launch of new models like Duster III, Bigster and Spring.
Autonom Protect, the services unit for the insurance market of Autonom group, controlled by brothers Marius and Dan Stefan, has taken over the majority stake in Nova Ria24 Servicii, a company specializing in technical, medical and travel assistance services.
Softone Group, a leading business software provider in Greece and SE Europe, which operates in Romania via SoftOne Romania, has appointed Radu Opris the new Group General Manager International, the group said in a news release.
Romania ranks 14th in the European Union by new car registrations in January 2024, with a volume of 12,733 units, an increase of 3.8% on January 2023, data from the Romanian and European carmakers associations ACAROM and ACEA show.19990 items