Companies
Competition Council Approves Takeover Of G.I. Industrial Holding S.P.A. By Baxi S.P.A
Romania's Competition Council approved the transaction whereby Baxi S.p.A intends to acquire G.I. Industrial Holding S.P.A. and its subsidiaries G.I. Middle Eastfze – DMCC, G.I. Industrial A...
Petru Pastry Shop Chain Aims to Cross 100-Unit Threshold in 3-5 Years
Petru pastry shop chain currently operates 70 units in ten counties of Romania, but the company plans to expand further, both on its own and in a franchise system, so that the network should...
Wrought Iron Maker Trutzi Reaches over EUR400M Turnover in 2023
Wrought iron maker Trutzi of Suceava, controlled by entrepreneur Ciprian Nutu, in 2023 generated turnover worth around RON403.8 million (EUR81.6 million), down 5% from 2022, in line with ZF...
Glass Processor Moldoglass Sees 2023 Profit Slide 27.7%, To RON4.2M
Moldoglass, a company operating on the glass processing market, managed by entrepreneur Valentin Sumanaru, for 2023 reported turnover worth RON48.2 million (EUR9.7 million), slightly down, b...
Regina Maria Dental Clinics Set to Open Three Units in 2024-2025
Regina Maria Dental Clinics will open another three new stomatology clinics in late 2024 and early 2025 as the number of unique patients has doubled in the past year, explained Ionut Leahu,...
Mediaposte Hit Mail Group Invests EUR1.5M In Warehouse
Mediaposte Hit Mail, the main integrator of direct marketing services in Romania, controlled by a branch of the French Postal Operator, invested EUR1.5 million in a new warehouse for e-comme...
Alro Slatina Commissions New Aluminium Cutting Facility In Wake Of RON13.7M Investment
ALRO, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, is proud to announce the opening of its new cutting-edge aluminum processing fa...
Clifford Chance Badea Assisted NEPI Rockcastle In Its Latest Green Bonds Issue Worth EUR500M
A multijurisdictional team of lawyers coordinated by Madalina Rachieru-Postolache, Partner Clifford Chance Badea, advised NEPI Rockcastle in connection with its latest green bonds issue, wor...
Drug Wholesaler Dona.Logistica Expects 20% Turnover Growth in 2024
Drug wholesaler Dona.Logistica, part of Dona group, expects its turnover to rise by over 20% this year, after having reported RON1.32 billion turnover and RON23 million net profit in 2023.