Companies
5 to go Likely to Reach 670 Coffee Shops By End-2024
5 to go coffee shop chain is likely to reach around 670 coffee shops by yearend.
Verdino Derives 50% of Sales from Abroad
Catalin Neacsu, category manager at Verdino Green Foods, a major plant-based food producer in Romania, says exports account for around 50% of total sales, with the rest coming from Romania.
Fermador Owners Explore Company Sale
Mihalache family, which owns Fermador group of Iasi, which operates on the poultry market and had turnover of around RON240 million last year, are exploring the sale of the company, accordin...
Gomag Expects Over EUR3.5M Turnover At End- 2024, Up 30% YoY
Romanian company Gomag, which puts an e-commerce platform at the disposal of online stores, expects to end 2024 with an increase of over 30% in turnover, to over EUR3.5 million, company repr...
BCG Report: Romania Sees $1.7B Worth Of M&A Deals In January-September 2024
Romania's mergers and acquisitions (M&A) market recorded transactions totaling USD1.7 billion at the end of September 2024, significantly higher than the USD134 million level recorded in the...
Deloitte: Energy Transition Costs May Drop Nearly 25% With De-risking Instruments For Green Projects
The overall costs of the global energy transition, estimated at USD200 trillion by 2050, could be reduced by almost 25 percent using de-risking instruments, thus facilitating new methods of...
Isopan's Net Profit Up 9.5% YoY To RON31.1M In 2023
Insulating panel maker Isopan ESt, with a plant in Popesti-Leordeni, ended 2023 with a turnover of RON469.9 million (EUR95 million), down nearly 15% from RON552.7 million (EUR112 million) re...
Switzerland’s Cicor Sees EUR87M Revenue From Electronic Component Maker Systronics In 2023
Arad-based electronic components manufacturer Systronics, held by Swiss group Cicor, posted RON431.3 million (EUR87.2 million) revenue in 2023, down slightly from the previous year’s RON435....
Romania Fast Delivery Startup BeeFast Gets New $450,000 Funding for International Expansion
Romanian startup BeeFast, specialized in instant delivery management solutions, has accessed a $450,000 investment. The funds will be used to step up its international expansion and develop...