The number of ailing companies in various stages, such as deregistration, insolvency, dissolution or suspension of activity will increase significantly this year, from 155,000 to 170-180,000, amid the slowdown in economic activity and the effect of new restrictions on micro-enterprises.
Precast concrete part maker Prefab Bucuresti (PREH.RO) held by entrepreneur Petre-Marian Milut, ended 2024 with RON86.5 million revenue, 21.6% lower than in 2023.
Romanian startup Rayscape, which specializes in development of artificial intelligence algorithms for interpreting medical images, plans to attract a new EUR3 million round of funding this year.
German-held retailer Lidl opened two new stores in Cisnadie, Sibiu and Harsova, Constanta, on Thursday, February 20, the retailer announced. A week before it had opened two stores in Harman, Brasov, and in Cluj-Napoca.
Arterimpex, a producer and distributor of food under the Benedek brand, part of the Bertis Group held by the Berszány family, will invest EUR4 million to EUR5 million in new headquarters in the industrial park in Sfantu Gheorghe, Covasna County.