Premier Energy group, owned by Czech investment fund Emma Capital, founded by Czech entrepreneur Jiri Smejc, has completed the acquisition of CEZ Vanzare, in the wake of which the regional client portfolio of the entire group climbs to 2.4 million household and non-household clients.
Winemaker Purcari Wineries announced its shares remain in MSCI Romania Small Cap Index after the quarterly review of the index.
Entrepreneur Cristian Rusu and his family have bought back Rus Savitar-Casa Rusu group, active in furniture production and retail, five years after they sold the company to Sweden’s investment fund Greenbridge.
Farmacia Tei and Bebe Tei, one of the most dynamic businesses on the local market, will overshoot the RON2 billion revenue mark in 2024, company officials say, who budgeted a 20% increase over 2023.
Tucano, a coffee shop network whose story began in the Republic of Moldova 12 years ago, plans to double its coffee shop chain in Romania, which currently consists of more than 35 units.
Construction company Tomoroga Construct had a turnover of RON36.2 million (EUR7.3 million) in 2023, up 70.5% from RON21.2 million (EUR4.3 million) in 2022, as per data on the finance ministry data.
Fly Lili, held by German businessman Jürgen Andreas Faff, will start operating flights from Brasov-Ghimbav International Airport to Munich, Nuremberg, Stuttgart, Rome, Thessaloniki, and Istanbul from June 15, 2024, and then add Milan and Barcelona in July.
MHP Consulting based in Cluj-Napoca, a provider of IT services, part of Porsche Group, reported a turnover of RON240.7 million for 2023, up 50% from RON160.2 million in 2022, as per data on the finance ministry website.