Companies
City Grill Group: Out4Food App Has 380,000 Users, Generates 28% Of Total Turnover
City Grill Group, the largest Romanian-owned restaurant group in the hospitality market, has launched a new version of its Out4Food app which boasts 380,000 users at present and an average f...
Dan Timotin To Take The Helm Of Ursus Breweries As Of July 1, 2025
Ursus Breweries, part of Asahi Europe & International and the leader of the beer market in Romania, announces the appointment of Dan Timotin as Managing Director for Romania, starting July 1...
Antitrust Body Clears Acquisition Of Wine Point By Finestore Distribution And Match Point
Romania's Competition Council has approved the transaction through which Finestore Distribution S.R.L. and Match Point S.R.L. intend to acquire the company Wine Point S.R.L.
Nuclearelectrica Makes EUR300M Deposit with Exim Banca Romaneasca
Nuclearelectrica, Romania’s sole nuclear power producer, on May 19 placed a term deposit without extension at Exim Banca Romaneasca, worth RON300 million.
Stay Fit Gym Signs with Marriott to Develop Fitness Center in Bucharest Sheraton Hotel
Stay Fit Gym, the fitness network with the largest coverage at urban level in Romania, is expanding its portfolio via a partnership with Sheraton Bucharest Hotel, part of Marriott Internatio...
Carmistin Makes EUR76M Investment In Poultry Factory
Carmistin The Food Company, one of the major players in the agrifood industry, owned by Iustin and Andra Paraschiv, has invested EUR76 million in a poultry factory, one of the most modern in...
Kastamonu Romania Sees Revenue Up 12.5% To RON738.9M In 2024
Kastamonu Romania (former Prolemn), held by Türkiye’s Kastamonu Entegre, posted RON738.9 million (EUR148.5 million) revenue in 2024, an increase of 12.5% on the RON656.7 million (EUR132.7 mi...
Jelna Winery Manager Drosera Comserv Generates Over EUR11M Revenue In 2024
Drosera Comserv, the manager of the Jelna winery in Bistrita-Nasaud, posted about RON55.4 million (EUR11.1 million) revenue in 2024, an increase of 39.5% on the previous year’s RON39.7 milio...
Five-Star Marmorosch Bucharest Hotel Expects 10% Rise In Revenue In 2025
The five-star Marmorosch Bucharest Hotel, held by Lithuania’s Apex Alliance Group, expects 10% higher revenue in 2025, but the first quarter was not as good as the first quarter of 2024, due...