Fast-food restaurant chain Hesburger has opened a new restaurant in the Baneasa Shopping Mall in Bucharest, following an investment of EUR0.5 million.
New car registrations in Romania increased by 1.4% to 11,552 units in October 2024 compared with October 2023, Romanian carmakers’ association ACAROM data show.
Appraisal & Valuation (APP.RO), a company that provides real estate appraisal, consulting and development services, posted RON5.1 million revenue in January-September 2024, up 27% from the year-ago period.
Axel Johson Inc (AJI), a US company held by Swedish Johnson family, on Friday announced the acquisition of La Fantana S.R.L., one of the main suppliers on the market of water solutions in Central and Eastern Europe, from investment company Oresa Ventures and founder Cristian Amza.
The Hyatt Group, which has recently signed the franchise agreement for the ARO Palace Hotel to be reopened under the Hyatt Regency Aro Palace Brasov brand, is looking at Bucharest for expansion. Bucharest is actually the first destination Hyatt would have liked to go to.
Yildiz Entegre Romania, part of the Turkish group with the same name that operates the MDF factory in Oarja, Arges County, posted RON504.4 million (EUR102 million) revenue in 2023, down 30.2% from the previous year’s RON723.1 million (EUR146.6 million), according to ZF calculations based on Finance Ministry data.
Agro Oil Service (AOS), a grain trader, grain seed, pesticide and chemical fertilizer wholesaler and provider of grain transportation by road, posted RON227.8 million (EUR46 million) revenue in 2023, down about 19% from the previous year’s RON281.2 million (EUR57 million), according to ZF calculations based on Finance Ministry data.
Sameday, one of the largest actors on Romania’s parcel delivery market expects 40% growth in revenue this year, CEO Lucian Baltaru told a news conference.
The foreign direct investments in the Romanian trade exceeded the EUR20 billion mark for the first time last year, as companies in the sector continued to put money into development, Romania’s central bank data show.