Iasi-based cleaning goods producer Misavan, controlled by entrepreneur Ciprian Otea, has completed works for a new plant, an over EUR10 million investment.
Fornetti Romania, one of the largest actors on the pastry market of the country, has an investment budget of more than RON7 million for this year, after having invested more than RON16 million last year, data supplied by the company for ZF’s 2024 edition of the “Cei mai mari jucatori din economie” (Key Players in the Economy) yearbook show.
Biscuit maker Croco, based in Onesti, Bacau County (eastern Romania), posted record high profit in 2023, RON81 milion, more than double the 2022 level, Finance Ministry data show.
Airbag manufacturer GST Safety Textiles Ro, the local subsidiary of Germany concern Global Safety Textiles, acquired in 20211 by South Korea’s Hyosung group, for 2023 reported a turnover of RON504.2 million (EUR101.9 million), up 2% from nearly RON492.8 million (EUR99.9 million) reported in 2022, according to calculations by Ziarul Financiar (ZF) daily based on finance ministry data.