CIS Group, a local business that provides solutions and services for the energy sector, founded by entrepreneur Sebastian Calugar, has signed a contract for the construction of a photovoltaic park in Copsa Mica, with the total investment for this project nearing RON100 million.
THAIco SPA center network, present in Romania for over 10 years, plans to invest around EUR3.5 million to open two new wellness centers this year, after having launched its first unit recently in Bucharest’s Pipera area.
A delegation of the International Monetary Fund (IMF) is set to come to Romania this autumn, representatives of the institution told ZF without providing further details, though.
Romanian private healthcare provider MedLife has taken over 80% in Euromedica Baia Mare Group (Euromedic Hospital and Euromedic Administrator), founded in 2003 by Dr. Mihaela Mociran.
American group Booking Holdings, a global provider of online tourism services and related services, now has over 400 employees in its Bucharest Excellence center officially opened two years ago, being very close to reaching its objective of having a 500-person team much earlier than expected.
The first six months of 2024 brought a 17% turnover increase for Farmacia Ardealul, one of the strongest local brands, created by pharmacist Ilie Echim in Piatra Neamt.
Low and medium-voltage equipment supplier Electro-Alfa International, controlled by entrepreneur Gheorghe Ciubotaru of Botosani, in 2023 registered turnover worth around RON433 million (EUR87.5 million), up 65.5% from 2022, in line with ZF calculations based on Finance Ministry data.
Textile manufacturer Tanex, controlled by entrepreneur Adrian Bajenaru, for 2023 reported turnover worth RON77.6 million (EUR15.7 million), down 17.4% from 2022, in line with ZF calculations based on Finance Ministry data.
Grain trader East Grain of Cluj-Napoca, controlled by Agrofert, the largest agribusiness and food industry group in Czechia, forecast EUR188 million consolidated turnover for 2024.
Timisoara-based pastry maker Senneville is investing EUR15 million in two production units in Calan, Hunedoara county.
Automotive, farming and transportation electric wiring maker E-Cablaje, held by Italy’s Cable Company SPA and Lobogest SPA, posted RON76.7 million (EUR15.5 million) revenue in 2023, an increase of about 14.7% on the RON66.9 million (EUR13.5 million) in 2022, ZF has calculated from Finance Ministry data.
Canned food maker Prefera Foods held by entrepreneur Raul Ciurtin, on Monday notified the Bucharest Stock Exchange of having ended the first half of 2024 with RON1.83 million loss after having sold several brands, compared with a net profit of RON8 million in the first half of 2023.
Botosani-based suit manufacturer Formens, held by French entrepreneur Losson Gerard Justin Joseph, for 2023 reported a turnover of RON287 million (EUR58 million), up nearly 3% from a RON278.6 million (EUR56.5 million) turnover reported in 2022, in line with finance ministry data.
Prodalcom Botosani, the producer of the Voronskaya vodka brand, owned by three Romanian entrepreneurs, ended 2023 with a turnover of RON28 million (EUR5.6 million), up 3.2% from a RON27.1 million (EUR5.5 million) turnover reported in 2022, Ziarul Financiar (ZF) daily has calculated from finance ministry data.
Adiss (stock symbol: ADISS), a Romanian company specialized in water treatment, has announced on Monday (Sept 16) that it concluded a significant contract worth RON22.9 million for the expansion and rehabilitation of water treatment stations, including infrastructure works essential for water sources and water supply networks.