Companies
Japan’s Yokohama enters Romania with $35 million strategic acquisition in Drobeta Turnu Severin
Yokohama Rubber Co, one of the largest Japanese tire makers has entered the Romanian market by buying a factory specializing in tires for heavy-duty machinery in Drobeta Turnu Severin.
IKON Trading's Net Profit Surges 71.6% YoY To RON5.2M In 2024
IKON Trading, a distributor of professional products for beauty salons in Romania, ended 2024 with a turnover of over RON28 million (EUR5.6 million), up 18.8% from a RON23.6 million (EUR4.7...
Electroplast Bistrita's Net Profit Up 4.5-Fold YoY In 2024
Electroplast Bistrita, which has been operating in the field of electrical cable manufacturing for over 30 years, ended 2024 with a turnover of RON167.5 million (EUR33.6 million), up 7.4% fr...
Pro-EU Candidate Nicusor Dan Wins Romania's Presidential Election
Pro-European Union candidate Nicusor Dan has won Romania’s presidential election on Sunday (May 18), with 99% of the votes counted.
Gabriela Stanica Appointed Chief Information Officer, Digital & AI Of Carrefour Romania
French group Carrefour, present in Romania for 24 years, has appointed Romanian Gabriela Stanica to the position of Chief Information Officer, Digital & AI.
Connections Consult Returns to Profit in Q1/2025
Connections Consult group, a provider of IT solutions and services, registered RON19.41 million revenues in the first quarter of 2025, up 15% from the year-earlier period. It went back into...
Pandora Prod 2024 Turnover Down 25.2% YOY To RON218.5M
Textile manufacturer Pandora Prod, owned by Simiz family, for 2024 reported turnover worth RON218.5 million (EUR43.9 million), down 25.2% from 2023, in line with ZF calculations based on Fin...
Industrializarea Carnii Kosarom Doubles Profit To More Than RON31M In 2024
Industrializarea Carnii Kosarom, the largest company in the entrepreneurial group Kosarom, posted RON251 million revenue in 2024, 1.5% lower than in 2023, Finance Ministry data show.
Travel Agency Paralela 45 Attracts Strategic Investor, Merges With Poland’s Rainbow Tours
Travel agency Paralela 45, one of the largest actors on the local travel market, held by Alin Burcea, has attracted a strategic investor, which bought 70% in it, and will be merging with Rai...