Companies
Rasnov Dino Parc Owner Wants to Invest EUR15M in Two Thematic Parks in Sf. Gheorghe and Bucharest
Adrian Apostu, owner of Dino Parc of Rasnov, Brasov county, is readying another two similar projects, with different thematic, near Bucharest and in Covasna county. Investments in both proje...
Elba Timisoara Sees RON301.9M Revenue, Returns To Profit In 2023
Timisoara-based lighting fixture and system manufacture Elba, a supplier of automotive lights for such groups as Dacia-Renault and Skoda, posted RON301.9 million (EUR61 million) revenue in 2...
PwC: Romania Media and Entertainment Market Seen Growing 2.5% in 2024, Region’s Lowest Growth Rate
Romania media and entertainment market is expected to grow by 2.5% this year, to EUR4.43 billion, with most segments set to register increases, in line with PwC Global Entertainment & Media...
Reff & Asociatii and Deloitte Romania Assisted Helinick Founders in Sale to Convergint
A Reff & Asociatii lawyer team and fiscal experts of Deloitte Romania assisted local company Helinick, operating in the field of electronic security systems, in the sale process to Convergin...
Turbomecanica Rakes in 40% Higher Net Profit in H1/2024
Turbomecanica, a local manufacturer of gas turbine engines and mechanical assemblies for aircraft, in the first six months of 2024 recorded RON8.6 million net profit, 40% higher than in H1/2...
Safetech Innovations Reaches RON30.2M Revenues in H1/2024, Up 53%, RON6.1M Net Profit
Cybersecurity company Safetech Innovations, with offices in Bucharest, London and Abu Dhabi, in the first half of 2024 registered RON30.2 million revenues at an individual level, up 53%, and...
One United Properties Reports RON699M Consolidated Turnover, Down 17%, RON228M Net Profit, Up 5% for H1/2024
Real estate developer One United Properties in the first half of 2024 posted RON699.4 million consolidated turnover, down 17% from H1/2023, and net profit of RON228.6 million, up 5%.
IPEC Alba Iulia Mulls Relocation Abroad
Covaciu family is considering moving IPEC Alba Iulia to another country because of recent years’ energy price evolution and the government’s inability to secure predictability and a level pl...
Miele Tehnica Brasov Leases 2,000 Sqm Facility From VGP Park Brasov
Miele Tehnica Brasov, the subsidiary of Germany’s Miele Group, has leased a 2,000 square meter shed from VGP Brasov to expand its manufacturing area and will use the space to assemble drives...