Porcelain products manufacturer Apulum of Alba Iulia, one of IKEA’s suppliers, in 2024 registered turnover worth RON216.4 million (EUR43.5 million), up 14.8% from 2023, in line with ZF calculations based on Finance Ministry data.
Belor Romania Societate pe Actiuni, headquartered in Galati, for 2024 reported turnover worth RON163.5 million (EUR32.8 million), down 39.4% from 2023, in line with ZF calculations based on Finance Ministry data.
The five-star Sheraton hotel of Bucharest saw its turnover rise by 10% in the first half of this year and expects a similar advance by yearend, according to its officials.
Sweets producer Pan Food Sibiu, a business launched two decades ago by engineers Ioan Stanea of Sibiu and Gheorghe Pristavu of Campulung Muscel, has decided to postpone an investment in a new plant because of the current context.
The founders of Botosani-based Elsaco group, one of the most powerful Romanian entrepreneurial businesses, are in talks for the sale of a company stake, market sources have told ZF.