Companies
TeraPlast Group Ends H1/2024 with RON428M Turnover, Up 34%, RON6.6M Losses
TeraPlast group ended the first half of this year with RON428 million turnover, up 34%, and RON6.6 million losses amid the RON3.8 million non-recurrent expenses and the accelerated ramp-up o...
OMV Petrom Rakes in RON2.6B Net Profit in H1/2024, Up 178% vs H1/2023
OMV Petrom, Romania’s largest oil and gas producer, reported RON2.62 billion net profit for the first half of this year, up 178% from the year-earlier period.
Sergiana Group Set to Invest EUR4M in Meat Product Plants
Sergiana group of Brasov has an investment plan that includes renovation of several restaurants part of its portfolio, the expansion of the traditional meat products store network and the in...
Cafea Fortuna Profit Triples To RON28M In 2023
Cafea Fortuna, the leading Romanian-held coffee producer, ended 2023 with RON255 million revenue, an increase of 15% year-on-year, Finance Ministry data show.
Marelvi 2023 Turnover Down 2.3% YOY To RON340M
Radauti-based home appliances wholesaler Marelvi, controlled by local entrepreneur family Mihalescul, reported a turnover of RON340 million (EUR68.7 million) for 2023, down 2.3% from RON348....
Roca Industry Plans To Sell Bonds Of RON50M Tops
The Board of Directors of Roca Industry Holdingrock1 (ROC1.RO), the Romanian holding of construction materials companies, has called its shareholders for July 29, 2024 to approve a corporate...
City Grill Group Reports 18% Higher Turnover, Of EUR31M, Carries Out EUR1.5M Investments In H1/2024
City Grill Group, one of the leading actors in the Romanian restaurant industry, founded by Dragos Petrescu, ended the first half of 2024 with a turnover of EUR31 million, up 18% from the sa...
Romanian Startup QOOBISS Invests EUR500,000 in Origin, a Global Platform Company Processes Digitalization
Local startup QOOBISS, a fintech company focused on process automation and specializing in the development of remote identity verification solutions using video means, is investing half a mi...
Giant EssilorLuxottica Enters Romania via Acquisition of OptiBlu and Optiplaza Stores
Investment fund Innova Capital has sold Optical Investment Group, a leading retail of optical eyecare and eyewear products in Romania, which includes retail operations (OptiBlu and Optiplaza...