Romania’s corn production will be about 7 milion tons in 2024, lower than the USDA and European Commission’s forecasts of 10.8 million tons and 10.6 million tons, analysts say, according to the latest public reports.
The starch factory in Medgidia, inaugurated by the Türkiye’s Tosmur Group in 2022, expects its revenue to grow by 5% this year, after having overshot the EUR100 million mark last year, with business coming from the export of production.
Car door handle systems and lock sets manufacturer Huf Romania, part of Germany’s Huf Group, posted RON683.4 million (EUR138.2 million) revenue in 2023, up 35.1% from the previous year’s around RON505.8 million (EUR102.5 million), according to ZF calculations based on Finance Ministry data.