Companies
Forvis Mazars Promotes Liviu Gheorghiu To Tax Partner Within Its Romanian Team
Liviu Gheorghiu was promoted to the position of Tax Partner within the Romanian management team of Forvis Mazars, an internationally integrated partnership, specializing in audit, accountanc...
Jovan Radosavljevic Joins CTP As Managing Director For Romania
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has appointed Jovan Radosavljevic as its new Managing Director...
Tech Company 2Performant Buys Profitshare Romania and Bulgaria Operations for RON4M
Tech company 2Performant Network, the biggest player on Romania’s affiliate marketing market, has sealed a preliminary agreement for the acquisition of affiliate networks Profitshare.ro and...
Altex Posts 6% Turnover Growth in H1/2024, Expects Same Pace for Entire Year
Altex, Romania’s largest electro-IT retailer, registered 6% higher turnover in the first half of this year and expects to keep the pace until yearend.
Austria’s Baumit Wants to Build New Construction Materials Plant in Bacau County in over RON200M Investment
Construction materials producer Baumit, owned by an Austrian group, wants to build a new plant in Bacau county. The investment amounts to RON203 million and to fund it the company applied to...
City Grill Forecasts 18% Higher Turnover for 2024
City Grill group, a major player on Romania’s restaurant market, founded by Dragos Petrescu, expects EUR65 million turnover by yearend, 18% higher than in 2023.
Cybersecurity Company Fort Ends H1/2024 With Lower Net Profit And Revenue
Cybersecurity company FORT, part of Bittnet Group (BNET.RO), ended the first half of 2024 with net profit of RON47,000, lower than RON703,000 reported in the same period of 2023, and with re...
Competition Council Looks Into Takeover Of Intersystems Holding Inc. By A-AG Holdco Ltd
Romania's Competition Council is assessing the transaction through which A-AG Holdco Ltd intends to acquire Intersystems Holding Inc. and the companies related to the grain and protein busin...
Te-Rox Prod Enters Into Insolvency
Swedish group Holmbergs Safety Systems, controlled by investment fund FSN Capital, has filed a request for the insolvency of its subsidiary in Romania, which it set up in 2020 by taking over...