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.
Five-star Radisson Blu Hotel in Cluj-Napoca developed by Winners Park Invest and opened in June 2022, operated at an average occupancy rate of 70% in June and entered high season, considering the events scheduled in Cluj-Napoca.
Raiffeisen Asset Management (RAM), which manages 13 investment funds and the Raiffeisen Acumulare voluntary pension fund, has reached EUR1.05 billion in total assets under management, higher by EUR180 million since the beginning of 2024.
Hidroelectrica (H2O.RO), the largest electricity producer in Romania and the largest company listed on the Bucharest Stock Exchange, has announced in a stock market report on July 1 that it signed a contract for refurbishment works at AHE Vidraru, as Beneficiary.
Hidroelectrica (H2O.RO), the largest electricity producer in Romania and the largest company listed on the Bucharest Stock Exchange, has announced in a stock market report on July 1 that it made RON1.1 billion worth of deposits with state-run lender Exim Banca Romaneasca.