Tarsincom, a private company established in 1996 for domestic and international passenger transport, controlled by Corneliu Lucescu, saw its turnover rise by 16% in 2021 from 2020, to RON36 million.
British paper packaging producer DS Smith, present in Romania with a plant in Zarnesti, Brasov county, has invested more than EUR200 million in Romania to bolster its production capacities.
Antrepreneur Alex Ursuleanu, who controls Tinos Farm, a 20-pharmacy chain of Bucharest and Ilfov, is further looking at expansion opportunities on the pharma market, but the main challenge is the lack of specialized human resource.
Alser Forest, a forestry industry company with EUR1.5 million worth of bonds listed on the Bucharest Stock Exchange, ended 2021 with RON2.08 million net profit, up 217% against 2020, amid RON34.2 million turnover, 230% higher on the year.
Gothaer Asigurari Reasigurari has changed its name to Allianz-Tiriac Unit Asigurari on Friday, following its takeover by Allianz-Tiriac Asigurari.
Omer Tetik, CEO of Banca Transilvania, sold 100,000 shares of the bank on the Stock Exchange on Wednesday and Thursday, for a total transaction value of RON255,000, according to data published on the Bucharest Stock Exchange on Friday.
Romania’s general consolidated budget posted almost RON9.51 billion deficit in the first two months of 2022, 25% lower than the RON12.76 billion in the year-ago period, the Finance Ministry announced on Friday.
Impact Developer & Contractor (IMP.RO), one of Romania's largest residential developers, has included on the agenda of its Ordinary General Meeting of Shareholders and Extraordinary General Meeting of Shareholders (April 28) the approval of an additional stock option plan compensation, according to a report from the Bucharest Stock Exchange.
Local startup easySales, which set up a B2B platform for automating and centralizing e-commerce activities, has entered the Hungarian market and is integrating DHL Express services as well as global marketplaces such as eBay USA and eBay Poland.
French group Orange has a long-term plan for Romania’s market and is poised to step up local investments to keep its leading position on the segment of mobile telephony and also gain ground in the area of fixed services, according to the representatives of the group’s top management team and local subsidiary, six months after the completion of Telekom Fix acquisition, an almost EUR300 million deal.