Companies
MAGNOR Posts RON165M Consolidated Turnover in 2024, Up 64% YOY; Net Profit Rises 4% To RON13.5M
MAGNOR, a Romanian-held company specializing in pawnbroking and money exchange services, in 2024 registered consolidated turnover worth RON165 million, up 64% from 2023, while net profit rea...
Symmetrica Ends 2024 With RON317M Turnover, Up 22% YoY
Symmetrica, the leader of the local market for vibro-pressed pavers and curbs and the largest domestic manufacturer, held by the Stanciu family, ended 2024 with a turnover of RON317 million...
Accor Brings Hotel Brand Handwritten Collection To Romania
International hotel group Accor announces the introduction of Handwritten Collection brand on the local market.
5 to go Launches New Franchise Concept Espresso
Coffee shop network 5 to go, with almost 600 locations, is launching a new concept, Espresso, a franchise model whereby entrepreneurs can use a “turnkey” mobile retail trailer to sell the pr...
Transelectrica Budgets RON8.5B Revenues for 2025, Up 8% from 2024, RON153.3M Net Profit, Down 74%
Romania’s national grid company Transelectrica has budgeted total RON8.54 billion revenues for this year, 8.1% higher than in 2024, and RON153.3 million net profit, down 74.3% from the 2024...
Fashion Brand Nissa Expands Craiova Plant with RON35M Investment
Fashion producer and retailer Nissa is investing RON35 million to expand Craiova plant. More than half of the sum comes as EU funds drawn via Just Transition scheme.
Romania’s Egg Exports Up Five-Fold In A Decade
Romania’s egg exports reached more than EUR53 million in 2024, slightly higher than in 2023, ZF has found from National Statistics Institute (INS) data.
Swiss International Air Lines Increases Number Of Flights Between Cluj-Napoca And Zurich
Airline Swiss International Air Lines, held by Germany’s Lufthansa, has increased the number of flights between Cluj-Napoca and Zurich, Switzerland from three to four a week since April 5, A...
U.S. Greenbrier Closes Railcar Plant In Romania's Arad
Astra Rail Industries, a company controlled by U.S. giant Greenbrier, has decided to close the railcar factory in Romania's Arad.