Schaeffler Romania, the local subsidiary of Germany’s Schaeffler Group, is planning to implement a number of cost cutting solutions soon, as four years after the pandemic, the automotive industry is still unable to return to the volumes before it.
CBRE Romania is strengthening the presence of its ESG & Sustainability Solutions division in the commercial real estate sector through its latest partnership with Access4you, a Hungarian company with international recognition, specializing in building accessibility certification.
The online commerce has significantly developed over the last years and the volume and frequency of orders is constantly growing, as per a survey conducted by the easySales, a platform focused on e-commerce activity automation and centralization.
Agroland Agribusiness, a Romanian entrepreneurial company part of Agroland group, specialized in the sale of agricultural inputs, registered operating revenues worth RON30.6 million in the first half of this year, up 7% from H1/2023, RON2.3 million EBITDA, 5% higher than in the same period of last year, and a RON1.4 million net profit, up 15%.
German luxury sportswear brand Bogner, present in over 50 countries, is expanding to Romania by opening its first store in The Grand Avenue shopping gallery located on the ground floor of JW Marriott Bucharest Grand Hotel.
Dendrio Solutions, part of IT group Bittnet Systems, has signed a memorandum of understanding with Swedish company Hemply Balance to carry out a reverse listing process in the wake of which Dendrio market capitalization will range between EUR37.5 million and EUR40 million.
Alternative investment fund Evergent Investments (EVER) is convening its shareholders to approve a share buyback offering, with Aerostar shares and cash being offered in exchange.
Devero Impex, a business controlled by Musetescu family of Mizil, Prahova county, in 2023 posted turnover worth RON18.7 million (EUR3.8 million), 13.5% higher than in 2022, in line with ZF calculations based on Finance Ministry data.