MAM Bricolaj (MAM.RO), a supplier of materials and furniture accessories, held by the Gavan family, has celebrated on Friday (January 21) the first year since its listing on the AeRO market of the Bucharest Stock Exchange (BVB).
Law firm Wolf Theiss said it acted as legal advisor for Enercon GmbH Group, Germany’s largest wind turbine manufacturer, on the sale of an operational wind farm with a 34.5 MW capacity, located in the Stejaru commune (Tulcea County), to Premier Energy.
Romania’s Competition Council has approved a transaction whereby Autonet Group Holding (AGH), part of Switzerland’s Swiss Automotive Group (SAG), acquired in October 2021 the majority stake in automotive parts wholesaler Augsburg International (AL).
The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had record assets of RON89 billion (EUR18 billion) in 2021, higher by approximately RON14 billion (+19%) on the year, financial regulator (ASF) data showed Friday.
Oves Enterprise, a Cluj-Napoca-based company specialized in software development, with turnover of around RON14 million at end-2021, announced it is set to open an office in Germany, in Munich, and expand its team by around 60 people this year.
Radu Piturlea, deputy chairman of Romanian builder Concelex, says the company wants to end the next two years with rising results and it already has contracts worth over EUR420 million sealed for the 2021-2025 period.
Michelin Romania, part of French group Michelin, one of the world’s biggest tire manufacturers, has come to have more than 4,500 employees locally.
Dedeman, leader of Romania’s do-it-yourself (DIY) market and the biggest Romanian entrepreneurial company by turnover, got beyond the 12,000-employee mark, in line with company data.
Portugal’s EDP Renewables (EDPR), the third strongest investor in Romania’s green energy, took over Beta Wind project company, the developer of a 151-MW wind project, according to market sources, with the deal marking the company’s return on the market.
Bicycle maker Eurosport DHS, controlled by Chinese and German investors, currently has 50 jobs available at the Deva plant.