Fashion group C&A, which has over 1,300 stores in 17 countries around the world, is still working with only five partner factories in Romania that make clothes for the Dutch brand. The number has steadily declined, from around 40 in 2016, to 20 production facilities in 2019, to eight the following year and five today.
Nestlé Romania posted organic growth in sales of 18.8% in 2023 compared with the previous year, the company said.
Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokers in Romania, ended 2023 with a net profit of RON7.6 million, down 34.3% compared with 2022, on operating revenue of RON111 million, down14.5%, its preliminary 2023 financial report shows.
Danube freight carrier Transport Trade Services (TTS.RO), on Thursday notified the Bucharest Stock Exchange about its management having approved the start of the 2024-2025 buyback program on February 26, which will see the company repurchase 420,000 shares or 0.7% of its share capital.