Companies
Diverta Bookstore Chain Enters Bankruptcy
Blor Retail, the company that operated Diverta bookstore chain, has entered bankruptcy, four years after it had entered insolvency for the second time.
Mahle Timisoara Plant Narrows Losses Sevenfold in 2024
Mahle Componente de Motor, the local subsidiary of German group Mahle, in 2024 posted turnover worth RON1.084 billion (EUR218 million), close to the 2023 level.
Louis Vuitton Supplier Somarest Sibiu Returns to Profit in 2024
Sibiu-based Somarest, part of luxury group LVMH, for 2024 reported turnover worth RON394.1 million (EUR79.2 million), up 12.2% from 2023, in line with ZF calculations based on Finance Minist...
Iaki Hotel Expects Flat Turnover in 2025 YOY
The four-star Iaki hotel of Mamaia seaside resort, owned by former football player Gheorghe Hagi, renovated with EUR2 million, expects flat turnover in 2025 against 2024.
Synevo Romania Ends 2024 with RON525M Turnover, Up 14% YOY
Synevo Romania, part of Swedish group Medicover, in 2024 registered RON525 million turnover, up 14% from 2023.
Rompetrol Opens 8th Gas Station In Sofia, Reaches 55 In Bulgaria
Rompetrol Bulgaria, a subsidiary of the KMG International (Rompetrol) Group, has recently opened a new gas station in Sofia, near the international airport, which is its eight in the capital...
Liberty Galati Composition Administrator Euro Insol Terminates Contract with Steel Producer
Euro Insol, the composition administrator of Liberty Galati (Sidex), communicated, in a letter addressed to the company and Galati Court of Law, that it decided to unilaterally terminate the...
Retailer Mega Image Earmarks EUR40-60M for Investment in 2025
Retailer Mega Image has budgeted EUR40-60 million investments for 2025, in line with recent years’ sums, with the money aimed particularly at store remodeling, process digitalization, logist...
Carmistin Becomes Romania’s Largest Fodder Manufacturer
Carmistin The Food Company, owned by Justin and Andra Paraschiv, has become the biggest fodder producer in Romania after taking over Provimi from US giant Cargill.