LPR-La Palette Rouge, a logistics company providing pallet pooling services in the retail and FMCG industry, has signed a leasing contract for 3,850 square meters of logistic spaces in ELI Park Ploiesti, Phase 4, a project that is part of the portfolio of ELI Parks, a major developer on Romania’s logistics and industrial space market.
TeraPlast group ended the first half of this year with RON428 million turnover, up 34%, and RON6.6 million losses amid the RON3.8 million non-recurrent expenses and the accelerated ramp-up of Opal stretch film business.
The Bucharest Stock Exchange’s Board of Governors has convened the Extraordinary General Meeting of Shareholders for September 3-4 to authorize the board to approve the Business Plan of CCP.RO Bucharest S.A., updated, subject to the approval of the shareholders of CCP.RO Bucharest S.A in the Ordinary General Meeting of Shareholders of 4-5 September, in the form published on the BVB website, section Investor Relations/General Meetings of Shareholders.
OMV Petrom, Romania’s largest oil and gas producer, reported RON2.62 billion net profit for the first half of this year, up 178% from the year-earlier period.
Vertiv group, a provider of critical digital infrastructure solutions and IT&C support services, present locally via Vertiv Romania subsidiary, with offices in Cluj and Bucharest, continues to register rising demand for its solutions and services amid ever broader adoption of new technologies by companies.
Sergiana group of Brasov has an investment plan that includes renovation of several restaurants part of its portfolio, the expansion of the traditional meat products store network and the installation of photovoltaic panels. On the long term, the entrepreneur family also mulls opening a hotel.
Automotive component manufacturer Lear Corporation Romania, part of US’ Lear Corporation, posted RON1.642 billion (EUR332.1 million) revenue in 2023, an increase of 14% on the previous year’s RON1.441 billion (EUR292.2 milion), Finance Ministry data show.