Companies
GARBE Industrial Real Estate Expands In Romania, Appoints Andrei Jerca As Country Head
GARBE Industrial Real Estate GmbH, one of the leading providers and managers of logistics, light industrial and technology real estate in Germany and Europe, has established a new company in...
Electromagnetica's Turnover Plunges Over 50% In January-September 2024
Electricity and electrical equipment producer Electromagnetica (stock symbol: ELMA) recorded a turnover of RON152.8 million in the January-September 2024 period, down 50.5% compared with the...
Santierul Naval Orsova Rakes In 41% Higher Profit in Jan-Sept 2024
Shipbuilder Santierul Naval Orsova posted RON5.6 million net profit in the first nine months of 2024, up 41% from the year-earlier period.
One United Properties 9M 2024 Consolidated Turnover Down 10% to RON1B, Net Profit Falls 13% To RON298M
Real estate developer One United Properties registered RON1 billion turnover in the first nine months of 2024, down 10% from the year-earlier period, and a RON298.6 million net profit, 13% l...
Freight Carrier Nicolaus Com Invests EUR6M in Sibiu Four-Star Boutique Hotel
Sibiu-based Nicolaus Com, one of the most dynamic freight carriers locally, founded in 1996 by Bogdan Nicolae, will open a four-star boutique hotel, with a spa center and 32 rooms, next year...
TeraPlast Group Inaugurates The Opal Stretch Film Factory In Saratel Industrial Park
TeraPlast Group has inaugurated this week its new Opal stretch film factory located in the Saratel Industrial Park following a total investment of EUR18.5 million, of which EUR5.3 million re...
Ferenc Korponay Buys Canning Factory In Alba County, Starts Making Pet Food
Romanian entrepreneur Ferenc Korponay, known for founding, developing and then selling the Maravet business, which operates in the animal products sector, has bought the canning factory in O...
Packaging Maker Electric Ends 2023 With Over RON63M Turnover
Packaging maker Electric, based in the town of Focsani and owned by the Buzaianu family, ended 2023 with a turnover of RON63.4 million (EUR12.8 million), up 15.1% from RON55.1 million (EUR11...
Arctic Stream Reports RON8M Net Profit And RON107M Revenue For January-September 2024
IT infrastructure and security integrator Arctic Stream (stock symbol: AST) reported net profit of RON7.96 million for the first nine months of 2024, which represents over 69% of the net pro...