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Adservio Social Innovation SRL, the company behind learning platform Adservio, for 2022 reported RON10.09 million turnover, up 125% on the year.
Mirdatod Prod company, which owns Telemea de Ibanesti brand, aims to generate a 10% turnover increase, in line with that of the first half of the year, according to the company’s officials.
Drug maker Infomed Fluids ended 2022 with record turnover growth against previous year. Thus, it reported RON190 million turnover, up 38% on the year.
SW Umwelttechnik Romania, the local subsidiary of the Austrian company of the same name, a maker of precast concrete products, has added two new production halls to the plant it owns in Cristesti, Iasi county.
Baboia Solar Plant, a project company owned by Enery Elment GmbH, on July 21 got the technical greenlight to connect to the network for a 535 MW project in Giurgiu.
Constructii Erbasu, a company owned by local entrepreneur Cristian Erbasu, holds projects totally worth EUR1.5 billion in its portfolio.
Telecom operator Digi Communications (DIGI.RO) has informed the local capital market about the decision to distribute dividends to the company's shareholders following a recent proposition of the Board of Directors.
The Mutu family of local entrepreneurs, which owns grocery retailer Annabella and canned food producer Raureni, will be investing EUR5 million in the Group's second retail park to be located in Ramnicu Valcea.
The Bucharest National Airport Company (CNAB), which administers the Henri Coanda (Otopeni) and the Aurel Vlaicu (Baneasa) airports, on Friday said the airline traffic in January-July 2023 exceeded the record high of 2019 in terms of passenger numbers.
Lender Banca Transilvania (TLV.RO) complements with EUR190 million its capital raising program to finance the economy by issuing bonds, thus reaching almost EUR1 billion, as per a report published at the Bucharest Stock Exchange.
Romania's new industrial orders in manufacturing, for the total (on the domestic and external markets) edged down 0.6%, in nominal terms, in June 2023 compared to May 2023, but grew 9.7% compared to June 2022, data from the country's statistics board INS showed on Friday (August 18).
Romanian door maker Eco Euro Doors, held by Roca Industry (ROC1.RO), has a signed an agreement to buy 70% in interior door maker Workshop Doors, it said in a report to the Bucharest Stock Exchange on Friday.
The volume of construction works in Romania increased, in unadjusted data, by 15.2% in June 2023 compared to June 2022 and was up 15.4% when adjusted to the number of working days and to seasonality, data from the country’s statistics board INS showed on Friday (August 18).
Romania’s industrial sales (on the domestic and external markets) decreased by 5.7% in nominal terms in June 2023 compared to May 2023 and by 0.7% versus June 2022, data from the country’s statistical office INS showed on Friday (August 18).
Private equity fund Morphosis Capital, one of the most active financial investors in Romania over the last years, reports an Internal Rate of Return (IRR), namely an annual return, of over 30% from its first three exits.
Building materials company holding ROCA Industry, launched by Roca Investments, registered RON289.5 million turnover in the first half of 2023, up 5.7% from the same period of last year.
Italian Group UniCredit for the first half of 2023 reported net consolidated profit of RON663.8 million from Romania operations, around 64% higher than the consolidated gain of 1H/2022.
Simultan, a major dairy maker in Romania, owned by Herbai family, ended 2022 with RON440 million turnover, up almost 40% on the year.
Building company Drum Asfalt ended 2022 with RON185 million turnover, up 8% from 2021, and for 2023 expects to reach the RON450 million threshold.
Stup (Hive), a project developed by lender Banca Transilvania and BT Mic, which supports small entrepreneurs, newly established businesses and paper business ideas, has celebrated one year of activity, during which time it created a community of 14,000 entrepreneurs and supported the birth of 200 businesses.19080 items