Companies
Bucur Obor Ends First Three Quarters of 2024 with RON18M Turnover, RON11M Net Profit
Bucur Obor company, which manages the Bucharest shopping center of the same name, posted RON18.2 million turnover in the first nine months of 2024, from RON17.8 million in the year-earlier p...
TeraPlast Switches to RON7M Losses in Jan-Sept 2024; Turnover Rises 32%
Building materials producer TeraPlast Bistrita during the first nine months of 2025 registered losses of around RON7 million, after a RON6.8 million profit in the year-earlier period.
Grain Trader Promat Comimpex Sees 2023 Turnover Drop 18.1% To RON1.348B
Grain trader Promat Comimpex of Tasnad, Satu Mare, controlled by Swiss group Ameropa, a major grain trader locally, in 2023 derived turnover worth RON1.348 billion (around EUR272.6 million),...
Austrotherm Romania 2023 Net Profit Slides 60% to RON8.8M
Polystyrene producer Austrotherm Romania, the local subsidiary of the Austrian group of the same name, for 2023 reported turnover worth RON177.5 million (around EUR35.9 million), down 29.9%...
Evopack Set to Open Subsidiary and Warehouse in Budapest
Evopack, which produces cardboard and paper packaging in a plant in Piatra-Neamt and which delivers to McDonald’s KFC, Spartan and Mesopotamia restaurant chains, will open a subsidiary and a...
Bucharest’s Corinthia Hotel Set to Open in Q1/2025
Bucharest’s Corinthia hotel will open in the first part of 2025, more specifically in the first quarter, Simon Casson, Corinthia Group CEO, told ZF.
OMV Petrom Reports 6% Lower Sales, 54% Higher Net Profit in Jan-Sept 2024
OMV Petrom, Romania’s largest company by turnover, reported sales worth RON26.7 billion in the first nine months of 2024, down 6% from the year-earlier period, while net profit rose by 54% t...
Italsofa 2023 Turnover Down 29.3% in 2023 To RON238.9M
Armchair and sofa manufacturer Italsofa Romania, the local subsidiary of Italian group Natuzzi, for 2023 reported turnover worth RON238.9 million (EUR48.3 million), down 29.3% from 2022, in...
ARO Palace Signs Franchise Contract with Hyatt to Rebrand Brasov Hotel
Hotel company ARO Palace, controlled by Transilvania Investments, has signed the franchise agreement with hotel chain Hyatt to transfer the ARO Palace hotel under the international brand.