Companies
Flanco Set to Open Fourth Store in Ploiesti, End 2024 with 16 Flanco Smart Discounter Units
Computer and electronics retailer Flanco will open its fourth store of Ploiesti on Friday, December 6th and by yearend reach 16 Flanco Smart Discounter stores.
Romania Small Furniture Producer Luiss Wants to Furnish Four and Five-Star Hotels in the West
Luiss is a small furniture producer of Targu-Ocna, which has worked with four and five-star hotels, with Swissotel hotel of Poiana Brasov as its latest project.
Drum Asfalt Ends 2023 With RON404.5M Turnover, Up 119% YoY
Bihor-based builder Drum Asfalt, owned by Floare Petroi, ended 2023 with a turnover of RON404.5 million (EUR81.8 million), up 119% from the RON184.8 million (EUR37.4 million) level reported...
France’s LDC Group Buys Calibra M&D Impex In Romania
LDC Group, a European poultry meat and poultry product business, has entered the Romanian market by buying the majority stake in Calibra M&D Impex, a local business in the same field.
Competition Council Clears The Acquisition Of Profi By Mega Image With Conditions
Romania's Competition Council has announced on Dec 4 that it authorized, with conditions, the transaction through which Delhaize “The Lion” Nederland B.V. (Mega Image) is taking over Profi R...
Deloitte: 7 In 10 Companies In Romania Expect An Increase In impact Of Circular Economy Regulations
Seven out of ten companies in Romania (67%) expect an increase in impact of circular economy regulations from moderate over the last 12 months to high and very high in the next five years, a...
CEC Bank Grants Tu Agrar Farm EUR3.3M Investment Loan to Purchase Shares of Foreign Investor
CEC Bank has granted Tu Agrar farm, part of Rodbun group, a EUR3.3 million investment loan for the acquisition of shares of Frontier Invest Goup, a company that owns around 560 hectares of i...
Prosus Report: eMAG Group Revenues Up 22% in First Half of Fiscal Year, To $1.1B, on 25% Romania Growth
eMAG group, the largest online retailer in the region, in the period April-September 2024, the first half of fiscal year 2025, registered $1.1 billion revenues, up 22% from the year-earlier...
Concelex Sees End-2024 Turnover At RON1.4B, Eyes Increase Of At Least 20% In 2025
Local construction company Concelex, held by Daniel Piturlea, expects to end 2024 with RON1.4 billion turnover and has budgeted an increase of at least 20% for 2025 against the backdrop of c...