The companies in which venture capital fund Early Game Ventures invested its first fund, Early Game Fund I, have reached annual revenue of more than EUR43 milion and a total number of more than 400 employees in 2024, EGV officials said in a statement.
Romania’s economy could double in the next ten years, so the GDP would reach EUR700 billion, with an average growth rate of 3% to 3.5% a year and a similar average inflation. This is one of the main conclusions of the “30 x 30. 30 years of transformations. 30 years of ING” report of ING Bank Romania.
Cargus, a major player on Romania’s courier services market, has relocated its Targu Mures warehouse to a facility with an area of over 4,500 square meters, double the one of the previous location, a project that is part of the company’s strategy of improving and expanding operational capacities to accomodate rising volumes.
Alexandrion group, the largest local spirits producer and a major player on the wine market, part of Nawaf Salameh Family Office, has appointed Jason Wischoff as general manager, in charge of running the company’s hospitality and franchise projects.