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Crayon Romania, a company specializing in professional IT services and software license resale, part of Norwegian group Crayon, ended 2023 with turnover worth above RON191.2 million (almost EUR38.5 million), up 42% from the previous year.
Law firm PeliPartners has assisted WDP, a major logistic space developer in Romania, in acquiring a portfolio that includes 136,374 square meters of logistic spaces and a land plot of over 300,000 square meters, in a EUR110 million deal.
Vodafone, a major player on the local IT&C market, part of the British group of the same name, for the first quarter of fiscal year 2025, ended in June, reported a number of 6.570 million clients for the mobile telephony service, from 8.6 million a year ago.
PC sales on the Romanian market in 2023 revolved around 920,000 units, down from 2022, when 980,000 units were sold, in line with IDC data, on the uncertain economic and political context, but also as many of digitalization projects via PNRR funds did not materialize.
Automotive seating systems producer Martur Automotive Seating and Interiors, controlled by Turkey’s Martur, which built a plant from scratch in Oarja, Arges county, reached RON1 billion turnover last year, up 12%.
Italian group UniCredit for the first half of 2024 reported net profit worth EUR184 million from Romania operations, up around 39% from the gain of H1/2024, amid rising lending and revenues.
US-held Fluor Corporation and RoPower, the project company for the small modular reactor project on Wednewsday signed an agreement for the second phase of the studies to build the SMRs in Doicesti, called Front-End Engineering and Design Phase 2 (FEED 2).
Direktcar.ro, an auto auction platform Romanians can use to buy or sell cars from wherever they are and five times faster than in any other way, is launching on the Romanian market, the company officials said in a statement. The investment in the development and launch of the platform stands at EUR500,000.
Certinvest, the first independent fund manager in Romania, has announced the launch of FIA Certinvest Sector Focus, an alternative investment fund for retail investors. The fund uses an active diversified allocation strategy targeting economy sectors with global growth potential.
Telecommunications operator Digi Communications (DIGI.RO) on Thursday announced on the Bucharest Stock Exchange that Fitch Ratings had assigned it a Long-Term Issuer Default Rating (IDR) of ‘BB’ and the outlook was stable.
Imo Invest Total is inaugurating Sinaia Plaza on Thursday, the first retail center built from scratch on Valea Prahovei, which comes with a supermarket – Mega Image, and three restaurants, plus several other stores.
Orange group, the largest player on the local communications market, in the first six months of 2024 generated consolidated turnover worth EUR699 million, down 7.7% from the same period of 2023.
Investimental, the newest broker on the local capital market, has reached a number of 2,100 unique clients, in line with the company’s report for its first year of activity.
Packeta Romania, a global digital platform of e-commerce, member of Packeta Group, has extended its network of online stores and partner sellers to over 1,800, almost double from a year ago.
Agrana Romania, the largest player on the sugar market, says it halted the refining process at the Buzau plant back in November 2023.
Chip manufacturer NXP Semiconductors, which has a software development center in Romania, reported higher turnover, profit and average number of employees for the local subsidiary.
Cicom, a top five ice cream producer in Romania, for 2024 has budgeted RON89.5 million turnover, up 11% from 2023, thus continuing the upward trend of recent years.
Local airports continued to witness growth and in the first six months of 2024 recorded 11.8 million passengers, a 5% advance from the same period of 2023, in line with data provided by the Romanian Airport Association.
Star Transmission of Cugir, Alba county, the local arm of Mercedes-Benz AG, for 2023 reported turnover worth RON420.5 million (EUR85 million), up 7.5% from 2022, in line with ZF calculations based on Finance Ministry data.
Ebm-papst Automotive & Drives Romania, present locally since 2017, with a plant in Oradea, part of German group Ebm-papst, a world leader in the production of electrical engines and ventilators, in 2023 registered turnover worth RON350 million, up 14% from 2022.18957 items