Companies
Helbako Electronica Posts 60% Growth In Net Profit To RON17.8M In 2024
Helbako Electronica, the local subsidiary of Germany's Helbako GmbH, posted RON224.3 million (EUR45.1 million) revenue in 2024, close to the previous year’s RON223.6 million (EUR45.2 million...
European Investment Fund Launches New EUR100M Program To Boost Romania Innovation Ecosystem
The European Investment Fund (EIF) has launched a new funding call worth as much as EUR100 million meant to stimulate Romania innovation ecosystem.
Elmas Brasov Posts 2.5-Fold Net Profit Increase in 2024 YOY
Elmas Brasov, a Romanian lifting equipment producer, ended 2024 with turnover worth RON231.9 million (EUR46.6 million), up 14.5% from 2023, in line with ZF calculations based on Finance Mini...
Kaufland Invested EUR20M in Logistics in 2024, Set to Invest another EUR5M in 2026
German retailer Kaufland in 2024 invested EUR20 million in logistics in Romania, more specifically in the Turda warehouse, and for 2026 has earmarked EUR5 million for Ploiesti.
Targu Mures Airport Plans To Build EUR30M Cargo Terminal
Targu Mures Airport wants to develop a cargo terminal, after having invested EUR60 million in the passenger terminal, using EU funds (Large Infrastructure Operational Program - LIOP). The am...
Magnor Posts 90% Rise In Revenue To RON115M In H1, 2025
Magnor, a Romanian company specializing in the trading of pre-owned jewelry, electronics and luxury goods, posted RON115 million revenue in the first half of 2025, 90% more than in 2024, as...
Pinum Borrows EUR10M from Banca Transilvania for EUR14M Plant in Moara Vlasiei
Pinum, a leading door and window manufacturer in Romania, has sealed an over EUR10 million funding agreement with Banca Transilvania for the development of a new plant in northern Bucharest,...
Entrepreneur Eduard Burghelia, Founder of Confidas.ro Sold to Termene.ro, Launches Nommy App
Eduard Burghelia, who founded Confidas.ro, a platform that analyses the financial risk of companies, which he sold two years ago to Termene.ro, has returned to business. He is the co-founder...
AnimaWings Set To Operate Weekly Flights Between Bucharest and Geneva Starting March 2026
AnimaWings, a company owned by brothers Cristian and Marius Pandel, the founders of Christian Tour, will starting March 23, 2026, operate direct flights between Bucharest and Geneva and retu...