Romania issued 14,050 housing construction permits in the first five months of 2024, down 0.5%.
Romanian executives forecast rising activity in constructions and retail trade for June-August period, in parallel with higher prices in both fields, while headcount will be stable in industry, trade and services, in line with a survey by the country’s statistics board INS.
Medialine Romania, an international company specializing in providing complete and personalized IT solutions for medium-sized and large companies, present locally since 2002, saw turnover rise by almost 60% in 2023, to over EUR2.5 million.
Electronic parts and equipment manufacturer Zes Zollner Electronic, the local subsidiary of German concern Zollner Elektronic, for 2023 reported turnover worth RON3.086 billion (EUR624.1 million), up 18.3% from 2022.
Lagardere Travel Retail, part of French group Lagardere, with operations in travel retail and the hospitality industry, has won a large part of commercial spaces tendered by Otopeni airport, thus managing to enter with new brand on Romania’s largest terminal.
Constanta-based building materials warehouse chain, owned by Dumitru family, is adding a new warehouse in Medgidia.
UBM Feed Romania, leader of the local feed market, will invest EUR3 million in new silo this year.
Italian entrepreneur Heiner Oberrauch, known locally for owing Villa Vinea winery of Mures county, is also a major player in Romania footwear production. Via Italian company Ober Alp S.P.A., he controls Droker SRL company of Sebes, Alba.
Vaslui-based meat processor Vascar aims to enter the US market by end-2024.
Cluj-based cosmetics producer Farmec is readying to start works for the new plant, where it will relocate its activity.