Companies
Anca Luca Takes Over As Chief Growth Officer At InnovX Startup Accelerator
Anca Luca, who has been a community manager for startups within Banca Comerciala Romana (BCR) over the last years, was recruited by the InnovX startup accelerator for the position of Chief G...
Winemaker Purcari H1/2024 Turnover Up 3% To RON166M; Net Profit Rises 8% To RON29M
Winemaker Purcari Wineries in the first half of this year registered RON166 million revenues, up 3%, and RON29 million net profit, 8% above the level of H1/2023.
Entrepreneur Silvia Melcescu Aims to Double Turnover of SIVA Uniforms To EUR4M, Eyes International Expansion
SIVA Uniforms, the main professional outfit plant in Romania, expects turnover to double this year, to EUR4 million, and aims expansion of the brand on new foreign markets.
IT Solutions Provider Linnify Sees Turnover Rise 12% in 2023, To over RON10M; Profit Drops 43% To RON535,000
Linnify, a Romanian IT company founded in 2016, saw its turnover top RON10 million (over EUR2 million) in 2023, up more than 12% against 2022.
Door and Window Maker Casa Noastra Earmarks RON1M for Research and Innovation Annually
Door and window manufacturer Casa Noastra of Dolj county, present on the market with QFort brand, earmarks as much as RON1 million for research, development and innovation annually.
Five-Star Marmorosch Hotel In Bucharest Expects At Least 10% Rise In Revenue In 2024
The five-star Marmorosch Bucharest hotel, owned by Lithuanian group Apex Alliance, had an average occupancy rate of 80% in the first half of 2024, higher than in the year-ago period, and exp...
Bos Automotive Products' 2023 Turnover Drops 5.6% YoY To RON421.6M
Car parts manufacturer Bos Automotive Products Romania, the local subsidiary of Germany’s BOS GmbH&Co. KG, had a turnover of RON421.6 million (EUR85.2 million) in 2023, down 5.6% from a RON4...
Hungary's Budmil Taps Into Romanian Fashion Market, Opens First Store In Targu-Mures
Hungarian clothing brand Budmil has entered the Romanian fashion market with the opening of its first store locally, in the town of Targu-Mures, within the Plaza M shopping center.
Impact Developer Switches To RON13M Loss In H1/2024 From RON34M Net Profit In Year-Earlier Period
Real estate developer Impact Developer (stock symbol: IMP) ended the first half of 2024 with loss of RON12.8 million, compared with net profit of RON34.3 million in the same period of 2023,...