UiPath, the most successful product in the Romanian IT industry and the first Romanian IT company listed on Wall Street, has reported at Romania's finance ministry a turnover of RON2.855 billion (EUR574 million) for 2023, up 25% year-over-year.
Law firm bpv GRIGORESCU STEFANICA has advised private equity investment firm Omnia Capital on acquiring 44.67% of Cargo Buddy, a digital shipping house launched in 2021.
Tudor Mihailescu, Senior Vice President and Chief Operating Officer (COO) within the eMAG Group, in June 2024 also took over the position of general manager of Freshful by eMAG online hypermarket.
Real estate consulting company Colliers has appointed Alexandru Atanasiu to the position of Head of Construction Services and member of the Board of Directors.
OMV Petrom, Romania’s largest oil and gas producer, announced total hydrocarbon production in Q2/2024 reached 110,100 barrels of oil equivalent per day (boe/d), down 3.2% from Q2/2023.
Meat product manufacturer CIA Aboliv of Mihai Viteazu, Cluj, controlled by businessman Bogdan Ilie Daniel, ended 2023 with turnover worth above RON245 million, up 28% from the previous year.
Sebes-based Star Assembly, the local unit of Mercedes-Benz AG, for 2023 reported turnover worth above RON10 billion (around EUR2 billion), up 10.6% from 2022, in line with ZF calculations based on Finance Ministry data.
German group Rewe wants to bring drugstore brand BIPA to Romania, according to ZF sources.