Cluj-Napoca-based software producer Transart in 2024 generated EUR7 million turnover, 8% higher than in 2023.
Bihor-based builder Drum Asfalt, owned by entrepreneur Floare Petroi, plans to invest over EUR5 million this year in machinery and car fleet modernization and is readying to sign new contracts.
Turkish online retailer Trendyol, majority held by China’s Alibaba giant, has attracted over 1.3 million active shoppers and sold more than 13 million products during its first year in business on the Romanian market.
Somproduct, one of the largest online retailers of furniture and home décor in Romania, filed for insolvency at the end of last year. At the same time, Cadar Capital SRL, another company of the group controlled by the Cadar family, defaulted.
Belgium’s United Petfood giant, one of the world's largest pet food producers, with plants in many European countries and in the US, is investing EUR35 million in a Romanian production facility in Racari, Dambovita County, ZF has found.
Stanleybet Capital, the superstructure of the Game World Group, one of the main sports betting and gambling operators in Romania, has completed its public bond offering with 148,124 bonds subscribed and allocated, 59.2% of the proposed 250,000, the broker of the issuance Goldring said in a report to the Bucharest Stock Exchange on Monday.
Morphosis Capital, a private equity company established by entrepreneurs Simona Gemeneanu, Gabriela Dumitru, Dragos Petre and Andrei Gemeneanu, has raised over EUR100 million for its second investment fund, which is double the value reported for its first fund, which was launched in 2018.