Companies
Knauf Group Set to Build EUR75M Plant in Huedin, Cluj
Knauf group, which includes Knauf Insulation Romania and Knauf Gips, has obtained a building permit for a EUR75 million investment in a plasterboard and metallic profiles plant located in Hu...
Romania Factoring Market Grows 8% To EUR9.4B in 2024
Romania factoring market at end-2024 reached a total operations volume of around EUR9.4 billion, up 8% from 2023, in line with information provided by the Romanian Factoring Association (ARF...
Gelu Sulugiuc, Former Reuters and Bloomberg Journalist, Invests in Dinamo Football Club
Gelu Sulugiuc, a former business journalist at Reuters and Bloomberg, has become a stakeholder in Dinamo in a bid to aid the football club rebound.
Simtel Team 2024 Net Profit Surges 35% YoY To RON37M
Engineering and tech group Simtel Team, leader in the field of renewable energy in Romania, reported net profit of RON36.7 million in 2024, up 35% against 2023, as per the preliminary financ...
Cupio Cosmetics Brand Ends 2024 With 9.5% Higher Turnover Of EUR22.8M And 25 Stores Nationwide
Cupio, the Romanian cosmetics brand launched by entrepreneurs Raluca and Razvan Stefanescu 13 years ago, ended 2024 with a turnover of EUR22.8 million, at a group level, up 9.5% year-over-ye...
Peris Group Posts 12% Growth In Revenue To RON700M In 2024
The Peris Group, which consists of Abatorul Peris SA and its subsidiaries, Cathedral Distribution SRL and Policalita SRL, posted more than RON700 million revenue in 2024, 12% higher than in...
Vola.ro 2024 Turnover Up 31% To EUR23M
The number of plane tickets sold via Vola.ro platform rose by 49% in 2024, with the value of deals topping EUR135 million, while the company’s turnover reached EUR23 million, up 31% from 202...
Footprints AI Attracts EUR2.3M Investment for International Expansion
Footprints AI, a Romanian company that has developed an AI-based retail platform, has attracted a EUR2.3 million investment for international expansion and tech development acceleration.
Buzau Entrepreneur Sorin Bratila Set to Invest around EUR20M in Aluminum Profile Plant
Entrepreneur Sorin Bratila, who owns Public Solar of Buzau, a company providing energy solutions, will invest around EUR20 million in a plant manufacturing aluminum profiles for the photovol...