Companies
Vasile Tiple Joins KPMG Legal - Toncescu si Asociatii
KPMG Legal- Toncescu si Asociații has announced in a press statement on June 13 that Vasile Tiple has joined the firm in a collaboration designed to help local and CEE clients to understand...
Tenaris Romania Investments Top $500M
Tenaris, a global manufacturer that owns among other a pipe plant in Zalau, a steel mill in Calarasi and the sucker rods plant of Campina, has in the past 20 years of presence in Romania car...
Alexandrion Group Wants to Enter Top-5 Largest Winemakers in 2024
Alexandrion group, the largest local spirits producer and one of the biggest players on the wine market, has carried out a new rebranding for the winemaker of Gura Vadului, which is now name...
Metaminds Invests EUR3M in Digital Identity, Large Data Volume Management and Security
Metaminds, a Romanian integrator of IT&C solutions and cybersecurity solutions provider, will invest EUR3 million in coming years to create and expand departments dedicated to creating, deve...
Paint Producer Evolor Bets on R&D Investments
Paint and varnish producer Evolor, part of ROCA Industry holding, is set to invest in R&D in the coming period as the market it operates on is refining.
Michelin Romania Switches To Loss in 2023 amid RON5.365M Turnover
Michelin Romania, part of French group Michelin, one of the world’s largest tire manufacturers, for 2023 reported turnover worth RON5.365 billion (EUR1.084 billion), up 3.6% from the previou...
Unicarm Set to Invest EUR8-10M in 2024 To Expand Store Network
Businessman Vasile Lucut, one of the most powerful local entrepreneurs, who controls Unicarm group, with activities in retail and production, will invest EUR8-10 million in 2024 to develop t...
Plimob's 2023 Turnover Down 8.2% YoY To RON203.9M
Sighetu Marmatiei-based company Plimob ended 2023 with a turnover of RON203.9 million (EUR41.2 million), down 8.2% from RON222.2 million (EUR45 million) reported in 2022, in line with calcul...
Ursus Breweries Sees Revenue Up 17% In 2023, Expects Growth To Continue
Ursus Breweries, the largest brewer in Romania, ended 2023 with RON2.67 billion revenue, up 17% from the previous year, Finance Ministry data show.