Reporter
Laurentiu Cotu
- Fields
- Companies, Automotive, Technology &Telecoms
- Writing for ZF since
- 2011
- Articles
- 653
Lear Corporation Romania Saw Turnover Slide 15% in 2020, to RON1.15B YOY
Car parts maker Lear Corporation Romania, the domestic arm of US concern Lear Corporation, in 2020 derived turnover worth RON1.156 billion (EUR240 million), down 15% year-on-year.
Pampac Hit RON12.2M Profit in 2020, Up 54% YOY
Romanian bread and bakery producer Pambac, controlled by entrepreneur Eusebiu Gutu of Bacau, in 2020 generated turnover worth RON214.5 million (EUR44.5 million), up 15% year-on-year, accordi...
Marisan Cold Cuts Producer Saw Profit Double in 2020 to Over RON1.7M
Maribo Prodcarn, producer of cold cuts Marisan, owned by Anghel family, doubled its profit in 2020, to over RON1.7 million (EUR365,000) from a net gain of over RON798,000 (EUR168,000) in 201...
Tyre Distributor Dinamic 92 Distribution Saw Profit Rise by 32% YoY to RON11.4M in 2020
Tyre distributor Dinamic 92 Distribution, controlled by Tofan family of Piatra Neamt, for 2020 reported turnover worth RON286.5 million (EUR59.5 million), slightly higher on the year, and ne...
Simba Invest Profit Tops RON17M in 2020, Up 62% YoY
Bacau-based Simba Invest, a major consumer goods distributor in Romania, in 2020 generated turnover worth around RON495.9 million (EUR102.9 million), up 10% from the previous year, in line w...
Meat Processor Vanbet Generated Over EUR48M in Turnover in 2020
Vaslui-based meat processor Vanbet, controlled by entrepreneur Fanel Bogos, in 2020 reached turnover worth above RON233 million (EUR48.3 million), up 6% from 2019, when the company raked in...
JYSK Opens Store in Vaslui; Reaches 104-Unit Network in Romania
Scandinavian furniture and home décor retailer JYSK is expanding further in Romania by opening a new store, in Vaslui, thus getting to a domestic network of 104 units.
Grain Trader East Grain Invests EUR7.6M in Mures Agricultural Logistic Centre
East Grain, a grain trader controlled by several entrepreneurs of Romania and Hungary, last year completed a EUR7.6 million investment in a agricultural logistic centre in Sanpaul commune of...
Romanian Sportswear Retailer GRID Opens Store in Afi Cotroceni and Reaches 13 Units
Sportswear retailer GRID, owned by Romanian entrepreneurs Popa Nicolae and Bogdan Nania, has opened the second store of its Bucharest network, in Afi Cotroceni shopping centre, and thus reac...
Rolling Stock Manufacturer Astra Rail Industries Saw Turnover Drop by 7.5% in 2020, to RON675M
Astra Rail Industries, Romania’s largest rolling stock maker by turnover, for 2020 reported turnover worth RON675.6 million (over RON140 million), down 7.5% from 2019, when the company hit R...
Timisoara Municipality Inks RON136.4M Contract with Turkish-held Karsan Otomotiv for 44 Electric Buses
Turkish-held Karsan Otomotiv Sanayi Ve Ticaret A.S. signed a contract worth RON136.4 million (EUR27.3 million), VAT not included, with Timisoara city hall for the delivery of 44 KRS 18 EV el...
India And Japan, Jolidon’s Newest Bets
Cluj-based lingerie and swimwear producer Jolidon, controlled by businessman Gabriel Cirlig will go to India this year where it plans to open three stores.