Egis Pharmaceuticals, the Romanian subsidiary of one of Hungary’s leading pharmaceuticals companies, has relocated its head office to One Tower office building, which is part of multifunctional development One Floreasca City.
Integrated mobility services provider Autonom Services, controlled by brothers Marius and Dan Stefan, and Tiriac Group signed an agreement for the acquisition of Tiriac Operating Lease (Premium Leasing SRL), a business with annual revenues above RON80 million and assets worth more than RON200 million.
Germany’s retailer Kaufland, the second largest player in Romania’s food retail by 2020 turnover, reached 148 stores in Romania in 2021 after opening ten stores.
Radu Savopol, cofounder of 5 to go coffee shop chain, says 2022 expansion plans envisage the opening of another 200 units, double the number of units opened last year.
Dumagas, one of the biggest freight carriers in Romania, controlled by investment fund Bancroft, ended 2021 with EUR32 million turnover and for 2022 expects to see turnover rise by 20%, according to Mircea Vlah, general manager of the company.
Paint and coatings manufacturer Kober, owned by the family of the same name of Neamt, has budgeted investments to boost production in 2022.
Radu Timis, one of the most powerful entrepreneurs in Romania’s food industry, who, together with his wife, founded cold cuts producer Cris-Tim around 3 decades ago, is in talks with China-held Smithfield, Romania’s biggest pork producer, on a possible partnership, according to ZF sources.
ROCA Industry, the holding company that brings together manufacturers of building materials from the ROCA Investments investment platform portfolio, such as Bico and Sarcom, will start trading on the AeRO market of the Bucharest Stock Exchange, with the ROC1 shares to be listed at the end of this month, ZF has found.
PepsiCo, one of the leaders of the food and beverages industry and the second largest player on the Romanian soft drinks market, on Monday announced the appointment of Annie Griffith-Swain to the position of HR Director PepsiCo East Balkans.