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Bio Eel, specialized in drug production and wholesale, with a plant in Targu-Mures, in 2023 posted turnover worth around RON905 million (EUR183 million), up 33.6% from 2022, in line with ZF calculations based on Finance Ministry data.
Technical plastic solutions developer Reinert Junststofftechnik, acquired in late 2019 by Germany’s CCBA Vewaltungs, for 2023 reported turnover worth RON185.8 million (EUR37.6 million), up around 19% from 2022, in line with ZF calculations based on Finance Ministry data.
Israeli-held Sinaia SA, which manages two hotels in mountain resort Sinaia, in 2023 reached RON66 million turnover, up 20% from 2022, and managed to also boost its net profit to RON24.5 million. Thus, the company had a 37% profit margin in tourism.
Infomed Fluids, one of the largest drug makers with a local plant, ended 2023 with RON277 million turnover, up 45% from 2022.
Video game development industry in Romania has been dominated by multinationals for many years, as the top actors are still Electronic Arts (US), Ubisoft (France) and Gameloft (France), but two Romanian-held companies, Amber Studio and Green Horse Games, made it into the top five last year.
Promateris (PPL.RO), a leading Romanian industrial group that manufacturers biodegradable and compostable packaging, has proven that accessing Norwegian funds can turn an innovative idea into a success story.
Asbis Romania, the local subsidiary of Cyprus-based ASBIS, a developer and provider of ICT and IoT products, solutions and services for the Europe, Middle East and Africa (EMEA) markets, returned to net profit in 2023 and its turnover soared, as per data from the company's balance sheet submitted at the finance ministry.
Forvis Mazars Group, the international audit, tax and advisory services partnership, releases its latest CEE Tax Guide 2024, providing comprehensive insights into the tax systems of 22 European and 3 Central Asian countries.
ROCA Industry, the Romanian holding of construction materials companies, aims to achieve a turnover of RON655.4 million in 2024, through its subsidiaries, up 54% compared to the consolidated result of 2023.
Pharma company group Direct Pharma Logistics, made up of Direct Pharma Logistics, Pharmalink and Farmatop, is expanding its drug wholesale operations and is readying to enter the market of the Republic of Moldova in 2025.
Romanian state-owned airline TAROM has signed the leasing contract for the acquisition of two Boeing 737 MAX 8 planes, due to be delivered during December 2025-January 2026 period.
State-owned Nucleaelectrica (SNN), Romania’s sole nuclear power producer, has announced it received a request from the Energy Ministry to supplement the agenda of the Ordinary and Extraordinary General Meeting of Shareholders set for 18.07.2024/19.07.2024.
Panifcom, an integrated agribusiness, has a EUR7-8 million investment budget in 2024.
Braila-based apparel manufacturer Braiconf is asking the government to act to save Romania’s textile industry, which is losing annually hundreds or even thousands of plants.
Rondocarton, part of Austria’s Rondo Ganahl group, one of the largest corrugated cardboard manufacturers, which operates three plants in Romania, ended last year with RON606 million revenue, slightly higher than in 2022, Finance Ministry data show.
PVC and aluminum windows and doors manufacturer Optimedia has budgeted investments of over EUR12 million for 2024, which target the development of the aluminum production division.
Adobe Systems Romania, the local subsidiary of the US group by the same name, one of the largest software businesses in the world, posted RON444 million (EUR89 million) revenue in 2023, an increase of 18% on 2022, Finance Ministry data show.
Scandinavian home furnishings retailer JYSK continues its expansion plans in Romania and is inaugurating a store in the town of Targu-Mures, on July 4, 2024, thus reaching a 143-unit network in Romania.
Corrugated cardboard manufacturer Vrancart Adjud (VNC.RO) has informed shareholders and investors in a stock market report on July 1 about a state aid, in the amount of RON37.4 million, attracted by the subsidiary Vrancart Recycling SRL.
State-run Nuclearelectrica (SNN.RO), the operator of the Cernavoda nuclear power plant, has announced in a stock market report on July 2 the adoption of the European Commission’s positive opinion regarding the project of Units 3 and 4 at Cernavoda nuclear power plant, based on Article 41 of the Euratom Treaty.19007 items