Entrepreneurial group Agroland Business, which owns the largest farming supplies store chain in Romania, has turned the Caransebes feed factory into a certified organic unit in the wake of a deal that involved a EUR200,000 investment.
Online retailer evoMAG in 2023 saw sales abroad double, with the weight of this segment climbing to around 10% of total sales.
Huawei, Ericsson and Nokia Networks, three of the largest global producers of equipment and services suppliers for the telecom industry, reported declining turnovers in Romania for 2023.
Minifarm pharmacy chain, with units in Tulcea and Constanta counties and in Bucharest, ended 2023 with RON380.5 million turnover, up 19% from 2022.
Fiterman Pharma, the drug producer controlled by Fiterman family of Iasi, in 2023 saw its turnover go down by almost 10%, while profit halved.
Fuel wholesaler JT Grup Oil, which owns the newest private oil product terminal in Constanta harbor, is readying to list on the AeRO market of the Bucharest Stock Exchange, eyeing the first two weeks of next month to this end, the company’s representatives told ZF.
Romanian fintech Instant Factoring IFN has signed a EUR1 million subordinated loan agreement with the European Investment Fund to expand lending to small enterprises in Romania.
The ten largest companies on Romania postal and courier services market together generated overall turnover worth RON5.6 billion in 2023, up 12% from the previous year, reveals a ZF analysis based on Finance Ministry and company data.