Companies
Braiconf Calls on Romania Govt to Save Local Textile Industry
Braila-based apparel manufacturer Braiconf is asking the government to act to save Romania’s textile industry, which is losing annually hundreds or even thousands of plants.
Rondocarton Ends 2023 With RON606M Revenue, Slightly Up YoY
Rondocarton, part of Austria’s Rondo Ganahl group, one of the largest corrugated cardboard manufacturers, which operates three plants in Romania, ended last year with RON606 million revenue,...
Window And Door Manufacturer Optimedia Earmarks Investments Worth Over EUR12M For 2024
PVC and aluminum windows and doors manufacturer Optimedia has budgeted investments of over EUR12 million for 2024, which target the development of the aluminum production division.
JYSK Opens Store In Targu-Mures, Reaches 143 Units In Romania
Scandinavian home furnishings retailer JYSK continues its expansion plans in Romania and is inaugurating a store in the town of Targu-Mures, on July 4, 2024, thus reaching a 143-unit network...
Vrancart Recycling Gets RON37M State Aid
Corrugated cardboard manufacturer Vrancart Adjud (VNC.RO) has informed shareholders and investors in a stock market report on July 1 about a state aid, in the amount of RON37.4 million, attr...
AmCham Survey: Overall Investment Climate In Romania Is Rated Positive By 46% Of Respondents
The overall investment climate in Romania is rated positive by 46% of respondents and companies' plans to expand operations and investment in 2024 reflect confidence in Romania's potential,...
Switzerland’s Ameropa Buys Romania’s Agrotex Satu Mare
Ameropa Group, a Swiss-held group, has acquired via Promat Comimpex company, included in its Romania portfolio, the majority stake in Agrotex, a farming input and grain trader of Satu Mare.
Revolut Heads Toward 4 Million Retail Client Threshold in Romania
Global fintech Revolut saw its retail client base go up by 13% in the first six months of 2024 and will shortly reach the 4 million client threshold.
Meat Products and Retail Group Diana Eyes Nationwide Expansion
Diana group of Ramnicu Valcea, owned by Craciunescu family, active on the meat and fish market, but also in retail, wants to expand from regional level, in Oltenia, nationwide.