The five-star Marmorosch Bucharest Hotel, held by Lithuania’s Apex Alliance Group, expects 10% higher revenue in 2025, but the first quarter was not as good as the first quarter of 2024, due to the uncertainty in the market.
Yokohama Rubber Co, one of the largest Japanese tire makers has entered the Romanian market by buying a factory specializing in tires for heavy-duty machinery in Drobeta Turnu Severin.
IKON Trading, a distributor of professional products for beauty salons in Romania, ended 2024 with a turnover of over RON28 million (EUR5.6 million), up 18.8% from a RON23.6 million (EUR4.7 million) turnover reported in 2023, as per calculations by Ziarul Financiar (ZF) daily based on finance ministry data.