TMD Friction Romania, which owns brake pads brand Textar, for 2023 reported turnover worth RON358.5 million (EUR72.5 million), up 15% from 2022, in line with ZF calculations based on Finance Ministry data.
Romanian startup Pentra (formerly Pentest Copilot), which was among the finalists of the Innovation Labs 2024 and was selected by Early Game Ventures to get funding, has recently received the promised EUR150,000 investment.
Romania’s future retirees, that is about 8.3 million people contributing to Pillar II mandatory pension funds are the biggest investors of Banca Transilvania (TLV.RO), data aggregated by ZF show.