Companies
Hidroserv Exits Insolvency After Nearly 9 Years
Hidroserv, a subsidiary of Romania’s biggest energy producer, Hidroelectrica, dedicated to maintenance and repair works on hydrotechnical infrastructure, has exited insolvency after almost n...
Adrem Contracts EUR18M Funding from ING Bank and BRD To Expand Operations and Execute Strategic Projects
Adrem group, a leading player in the energy services field, has contracted EUR18 million funding from ING Bank and BRD Groupe Societe Generale.
Dunapack 2024 Turnover Up 3.3% YOY To RON296M
Cardboard packaging maker Dunapack Rambox Prodimpex, part of Austrian group Prinzhorn, reported turnover worth RON296 million (EUR59.5 million) in 2024, up around 3.3% from 2023, in line wit...
Paint Maker Köber Sees Net Profit Rise 10.9% in 2024 YOY
Romanian paint and coatings maker Köber for 2024 reported turnover worth RON568.1 million (EUR114.2 million), up 3.8% from 2023, in line with ZF calculations based on Finance Ministry data.
Uniform Maker SIVA Uniforms Aims For EUR4M Revenue In 2025
SIVA Uniforms, one of Romania's largest manufacturers of customized workwear, is aiming for EUR4 million revenue in 2025, after posting nearly EUR3 million revenue in 2024.
Tomcat Hospitality Takes Treevi Pizza Al Taglio Brand to Timisoara
Treevi Pizza Al Taglio, a brand specializing in Roman-style artisanal pizza by the slice, part of Tom Hospitality group’s portfolio, continues nationwide expansion and opens a restaurant in...
Germany’s Schwarz Group Nears Takeover of La Cocos
German group Schwarz, which owns Kaufland and Lidl, is closing in on taking over La Cocos, the store chain founded by Iulian Nica, in line with ZF sources familiar with the deal.
VLG Ro 2024 Turnover Inches Up by 1% YOY To EUR83M
Electrical cables and conductors supplier VLG Ro, part of Austrian group Mienhart, for 2024 reported turnover worth RON412.8 million (around EUR83 million), slightly up, by around 1%, from 2...
Alpin Group Invests EUR20M in Olimp Resort Hotel
Alpin group, which operates the hotel compound of the same name in Poiana Brasov, is investing EUR20 million in a new accommodation unit, this time at the Romanian seaside, in Olimp resort.