Cicom, a top five ice cream producer in Romania, for 2024 has budgeted RON89.5 million turnover, up 11% from 2023, thus continuing the upward trend of recent years.
Local airports continued to witness growth and in the first six months of 2024 recorded 11.8 million passengers, a 5% advance from the same period of 2023, in line with data provided by the Romanian Airport Association.
Star Transmission of Cugir, Alba county, the local arm of Mercedes-Benz AG, for 2023 reported turnover worth RON420.5 million (EUR85 million), up 7.5% from 2022, in line with ZF calculations based on Finance Ministry data.
Ebm-papst Automotive & Drives Romania, present locally since 2017, with a plant in Oradea, part of German group Ebm-papst, a world leader in the production of electrical engines and ventilators, in 2023 registered turnover worth RON350 million, up 14% from 2022.
Building materials producer Cemacon is readying a new investment in production, amid the market diversification demand and the need to boost business efficiency.
German car parts supplier Anton Häring is set to invest EUR60 million in the next three years to build a plant in the industrial park of Siret locality, Suceava county, where 600 people will be employed.
Romania’s insurance market reached a volume of gross underwritten premiums of above RON5.5 billion at the end of the first quarter of 2024, registered a slight increase of 3.2% from the same period of 2023, in line with the Q1/2024 report of the Financial Supervisory Authority (ASF).
The Bucharest Stock Exchange has posted a 20.9% advance since the start of the year, reflected by the benchmark index BET, a yield that beats most developed bourses of the US, Europe, Asia and Australia.
Romanians drink on average 215 liters of soft drinks, a figure that places us second in the region by consumption, reveals a ZF analysis based on Euromonitor data.