DN Agrar Group, the largest integrated farm in Romania and leader in cow milk production, registered RON115.9 million turnover in the first nine months of 2023, up 12.4% from the year-earlier period, and RON22.3 million net profit, up 111%.
China-held OPPO, one of the world’s biggest players on the smartphone market, which entered Romania market in 2020, reached a 5-6% share of the local smartphone market in the first ten months of 2023, Yang Shaohua, general manager of OPPO Romania, told ZF.
Real estate developer Impact Developer & Contractor (IMP.RO) announced in a stock market report on Monday (Nov 27) that it had concluded an agreement with Garanti Bank for a working capital-type loan in the amount of EUR3.5 million.
Shareholders of natural gas supplier and producer Romgaz (SNG.RO) have approved a decision reducing a Loan Facility ceiling by RON130 million, down to RON500 million, the company announced in a stock market report published at the Bucharest Stock Exchange on Monday (Nov 27).
Revolut, the financial global super app with over 35 million customers worldwide and over 3 million customers in Romania, has announced in a press statement the appointment of Romanian-born Dan Teodosiu to the Group's Board as a Non-Executive Director.
Elvila (ELV.RO), the furniture manufacturer controlled by businessman Viorel Catarama, has announced net loss of RON6.88 million for the first six months of 2023, compared to a negative result of RON4.45 million in the same period of 2022, while its turnover plunged 13.7% on the year to RON10.1 million.
Furniture and home product retailer JYSK continues expansion in Romania with the inauguration of a new store in Ramnicu Valcea on Thursday, November 30, for a total of 138 in the country.