Oyl Company Holding, a company operating in the field of road construction and held by entrepreneur Corneliu Dragomir, ended 2023 with a turnover of RON305.2 million (EUR61.7 million), up 33.2% from RON229.1 million (EUR46.4 million) turnover reported in 2022, in line with calculations by Ziarul Financiar (ZF) data based on finance ministry data.
Pangram, the producer of Monte Banato pasta brand, majority held by Italy’s Colussi (with an ownership stake of 92.3%) and Resita mayor, Ioan Popa (7.5%), saw its profit doubling to RON1.7 million (EUR351,000) in 2023, compared with a net gain of over RON870,000 (EUR176,500) reported in 2022, as per publicly available data.
Automotive wiring maker Kromberg & Schubert Romania NA, the local subsidiary of Germany’s Kromberg & Schubert, reported a turnover of RON274.8 million (EUR55.5 million) for 2023, up nearly 56% from RON176.2 million (EUR35.7 million) turnover reported in 2022, Ziarul Financiar (ZF) daily has calculated from data on finance ministry website.
Comcris Energy, the Romanian subsidiary of Vienna-based renewable energy generation company Energy, has finalized an investment of RON216.2 million (EUR52.4 million), of which RON68.1 million (EUR13.6 million) represented non-reimbursable contribution granted by the Energy Ministry through the National Recovery and Resilience Plan (PNRR) and EUR39.3 million represented financing granted by UniCredit Bank Romania.
Longshield Investment Group (stock symbol: LONG), a company listed at the Bucharest Stock Exchange for 25 years, has been trading its shares under the new stock symbol LONG since Oct 21, 2024, following the process of implementing a new brand identity achieved by the company at the end of March 2024.
TOKEN Payment Services (TOKEN), the fintech company that was recently authorized by Romania's national bank to accept online payment operations and transactions at physical POS (point of sale) terminals, announces the conclusion of a strategic partnership with Zeus Service, the second-largest importer and distributor of cash registers in Romania.
Craiova-based agricultural equipment manufacturer RURIS, led by entrepreneur Catalin Stroe, announces the start of an investment worth over EUR10 million in a new factory of tractors and agricultural trailers "Made in Ro”.