Real estate developer RRG Real Estate Group is starting the first phase of housing project Lakeside11 of Bucharest’s Straulesti area and expects to complete it by end-2026, with total investments amounting to EUR60 million.
Lunet Studio, a Romanian medical optics company founded by brothers Alexandru and Stefan Gugurel, in the first six months of 2024 registered 72% turnover growth, to RON2.3 million, after the opening of the third store of the network, in Bucharest.
OMV Petrom, the second largest natural gas producer in Romania and the largest integrated energy producer in southeastern Europe, has expanded its natural gas supply activities to Bulgaria, starting October, via an offering exclusively aimed at industrial consumers.
Showroom network Piatra Design has reached seven centers and also invested in e-commerce in 2023.
In the first nine months of 2024, smartphone sales in Romania advanced by around 6-7% by value against the year-earlier period, but by volume the market stagnated, in line with estimates by the local representatives of Chinese mobile phone and gadget brand OnePlus.
Sandwich panel and metallic structure manufacturer Romconstruct A G Buzau, held by entrepreneur Gheorghe Tarus, in 2023 registered turnover worth RON178.3 million (EUR36 million), up 4.4% from 2022, in line with ZF calculations based on Finance Ministry data.