Companies
Digital Music Company Believe Buys 25% In Global Records
France-based Believe, one of the leading digital music companies in the world, has bought 25% in Global Records, established by Stefan Lucian in 2008.
One United Properties: Value of Developments Under Construction Topped EUR1.5B in 2023
One United Properties, the leading green developer and investor in residential, mixed-use, and office real estate in Romania, has announced the value of developments under construction excee...
Law Firm bpv GRIGORESCU STEFANICA Advises Private Equity Firm Omnia Capital On Acquiring 44% In Cargo Buddy
Law firm bpv GRIGORESCU STEFANICA has advised private equity investment firm Omnia Capital on acquiring 44.67% of Cargo Buddy, a digital shipping house launched in 2021.
Freshful Appoints Tudor Mihailescu As General Manager
Tudor Mihailescu, Senior Vice President and Chief Operating Officer (COO) within the eMAG Group, in June 2024 also took over the position of general manager of Freshful by eMAG online hyperm...
OMV Petrom Hydrocarbon Output Down 3.2% in Q2/2024 Vs Q2/2023
OMV Petrom, Romania’s largest oil and gas producer, announced total hydrocarbon production in Q2/2024 reached 110,100 barrels of oil equivalent per day (boe/d), down 3.2% from Q2/2023.
Meat Processor CIA Aboliv Hits RON245M Turnover in 2023, Up 28% YOY
Meat product manufacturer CIA Aboliv of Mihai Viteazu, Cluj, controlled by businessman Bogdan Ilie Daniel, ended 2023 with turnover worth above RON245 million, up 28% from the previous year.
Star Assembly Sebes Sees Turnover Top RON10B in 2023
Sebes-based Star Assembly, the local unit of Mercedes-Benz AG, for 2023 reported turnover worth above RON10 billion (around EUR2 billion), up 10.6% from 2022, in line with ZF calculations ba...
Interbrands Orbico Overshoots RON6B Turnover Mark In 2023
Interbrands Orbico, the largest player in the distribution and logistics market, recorded a turnover of over RON6 billion in 2023, up 17% on the year, in line with finance ministry data.
Builder Wincon's 2023 Net Profit Soars 72.6% YoY To RON16.4M
Cluj-Napoca builder Wincon, held by entrepreneurs Bogdan Irsik (90%) and Werner Irsik (10%), for 2023 reported net profit of RON16.4 million (EUR3.3 million), up 72.6% from net gain of RON9....