Control F5 Software, a developer of personalized software solutions, ended 2023 with a turnover of over RON3.9 million, up 41% on the year, as per data published on the finance ministry website.
Intesa Sanpaolo Bank, the Romanian subsidiary of the Intesa Sanpaolo Group, Italy's largest banking group, has appointed Alessio Cioni as General Director and Chief Executive Officer.
Restaurant group City Grill, controlled by Dragos Petrescu, is taking over the majority stake in restaurant chain Marty, launched by Marcelus Suciu in 1999 in Cluj, and steps up expansion on Transylvania market.
Local startup Footprints AI, which has developed an AI-based Retail Media platform, currently has a funding round totally worth EUR2 million underway.
Nhood Romania, the integrated real estate services company of the Association Familiale Mulliez (AFM), is continuing the investment envisaging the construction of a mixed-use project in Resita, and this is part of a EUR100 million investment plan for Romania.
Chemical producer and supplier Chimcomplex Borzesti, with two industrial platforms in Onesti and Ramnicu Valcea, announced it is in preliminary talks for a potential acquisition of Azomures, Romania’s most important chemical fertilizer producer.