Vodafone, a major player on Romania’s fixed and mobile communications market, has started a business model redesign program, which envisages the identification of new growth sources for the company and which will also entail, at this stage, organizational structure changes and a reduction in the number of positions that will impact less than 5% of the total number of employees.
French group Lagardère, present in Romania via Travel Retail, Lagardère Travel Retail, active in the travel retail sector, plans to open 30 new spaces in Romania by the end of this year, mainly focusing on proximity concepts and development in airport areas.
One of the oldest companies present on Romania’s IT market, Apcom IT Distribution, previously operating under the name of IRIS, which stands out on the market by being the sole authorized distributor of Apple gadgets in Romania, in 2021 joined the club of RON billionaires, after its turnover skyrocketed from RON16 million in 2020 to RON1.3 billion in 2021.
Albalact, the largest company in Romania’s dairy sector and part of Lactalis Romania group, in 2021 reached RON848.7 million turnover, up 11% year-on-year.
Four-star Nyota Hotel & Conference Center of Mamaia, with a capacity of 73 accommodation places, has budgeted 10% higher turnover for this year.
Meat industry company AAylex One expects RON1.3 billion revenue in 2022, 53% more than in 2021.
Romanian furniture manufacturer Iris Service Ciuc, held by entrepreneur Negru Petru, on Wednesday said it ended 2021 with a turnover of RON143.8 million (EUR29.2 million), up 48% from RON97.1 million (EUR20.1 million) in 2020, in line with finance ministry data.