Join Up travel agency, part of the similarly named Ukrainian group, started operating in on the Romanian market last year and aims to sell over 140,000 vacations to Romanian tourists this year. The agency operates only in the B2B segment, which means it sells its holiday packages to local travel agencies.
Builder M.I.S-Grup based in Bistrita-Nasaud County and held by the Farcas Family, reported a turnover of RON312.9 million (EUR63.3 million) for 2023, up 60% year-over-year, in line with calculations by Ziarul Financiar (ZF) daily based on finance ministry data.
DHL, one of the largest courier services companies in Romania, has budgeted investments of EUR10 million in 2024 for the acquisition of electric vehicles and for its distribution centers.
Paval Holding, the special purpose vehicle of brothers Adrian and Dragos Paval, which they use for investments on the Bucharest Stock Exchange, among others, posted RON2.3 billion net profit in 2023, up 52% from the previous year, while revenue rose 36% to RON2.33 billion.
Netcity Telecom, the operator of the underground fiber optic network of Bucharest, ended 2023 with a 10% annual increase in turnover, to RON61.2 million (EUR12.3 million), in line with finance ministry data.
MedLife (M.RO) has informed the capital market on May 22 that Mihai Marcu, the company's Chief Executive Officer (CEO) and Chairman of the Board of Directors, on May 20 sold a total of 2.04 million M shares, at a price of RON4.42 per share, which totals over RON9 million, as per a stock market report.