Companies
Turism Felix 9M 2024 Profit Plummets 82% To RON1.7M
Turism Felix, which manages five hotels in Baile Felix resort of Bihor county, reported RON1.66 million profit for January-September 2024 period, down 82% from the year-earlier period.
Carbochim Switches to RON385,000 Losses in 9M 2024 after RON117M Net Profit in 9M 2023
Carbochim Cluj-Napoca, Romania’s largest producer of professional abrasives, in the first nine months of 2024 posted RON376,664 losses after RON117 million net profit in the year-earlier per...
Ambulance Maker Deltamed Exports 50% of Production, Seeks New Opportunities in Europe, Middle East, South-East Asia
Romanian ambulance and special vehicle producer Deltamed currently exports around half of local production and wants to reach new opportunities in Europe, the Middle East and South-East Asia...
Textile Company Techtex Enters Agreement with Creditors
Techtex SRL, a company specializing in technical textile production, part of Taparo group, has entered an agreement with creditors.
Restaurant Chain Spartan Seeks To Expand Abroad Via Franchisees
Spartan restaurant chain wants to expand into foreign markets under a franchise system, a model it has already tested in Romania. It has already opened a restaurant in Spain, where it analyz...
Five-Star Radisson Blu In Cluj-Napoca Set To Open New Wing In Second Half Of 2025
Five-star Radisson Blu Hotel in Cluj-Napoca, developed by Winners Park Invest and opened in the summer of 2022, operated at 58% occupancy in September and October 2024 and budgeted EUR7.7 mi...
Argus Reports RON155.7M Revenue For January-September 2024 Period, Up 15.6% YoY
Vegetable oil producer Argus Constanta (UARG.RO) reported operating revenue of RON155.7 million for the first nine months of 2024, up 15.6% year-over-year, and operating expenses of RON170.2...
OmniaGusti Taps Into HoReCa Segment, Eyes 40% Higher Turnover In 2024
OmniaGusti, one of Romania's largest suppliers on the confectionery raw materials market, is entering the HoReCa (Hotel, Restaurant, and Catering) segment and expects an increase of over 40%...
AKTOR Sees Romania As Key Market In Coming Years
Greece's AKTOR Group of Companies sees Romania as a key market in the coming years and plans to boost its portfolio in the local market by participating in new infrastructure projects within...