Belor Romania, part of Germany’s Belor Eurofert GmbH, ended 2023 with EUR54 million turnover.
Brasov-based building materials wholesaler Temad in 2023 started designing a new 7,000-sqm logistic center in Bartolomeu area of Brasov, in which investments revolve around EUR5 million.
PheonixY, the producer of Gusto puffs, ended 2023 with 30% higher revenues on the year, a historic increase for the Prahova-based business.
2024’s first stock listing on the Bucharest Stock Exchange is likely to take place in maximum three weeks with the launch of Glissando Garden, the home gardening pillar of Timis-based group of companies Glissando.
Law firm Noerr has promoted five lawyers and consultants in the practice areas of M&A, competition, state aid, white collar crime, compliance & investigations and Digital Business.
World’s largest mobile virtual network operator (MVNO) Lyca Mobile, based in the UK, shut down its operations in Romania at the end of last year, eight years after launch, blaming an increase in operating costs for the move.
The Board of Directors of Nuclearelectrica (SNN.RO), the only nuclear power producer in Romania, has called its shareholders for a meeting on February 28, 2024 to vote, among others, on the company's 2024 budget of revenue and expenditure.
Road freight carrier Dolo Trans Olimp (DTO), held by entrepreneur Cristian Dolofan, posted EUR97 million revenue in 2023 and expects 30% to 35% growth this year, its officials say.
Hospitality group Accor has partnered up with Romanian company Tecadra Hotels, held by the Cobalas family, for the conversion and extension of the existing Tecadra Hotel located in the Pipera area (in northern Bucharest) into a hotel under the Handwritten brand.
Limitless Agency, one of Romania’s main digital marketing agencies, ended 2023 with a turnover of EUR4.25 million, up 31% compared to the previous year.