Companies
Samsung Romania: Value of Local TV Set Sales Flat at around EUR400M in 2023
The local TV set market in 2023 remained relatively steady both by sales volume, of around 1.3 million units, and sales value, which neared EUR400 million, in line with data provided by the...
Horse Romania Starts Production of New Engine for Duster III in Mioveni
Horse Romania, the local unit of HORSE Powertrain Limited, has started manufacturing the HR12 1.2-litre gasoline engine for the new Duster III.
Universal Alloy Corp Posts RON1.2B Revenue In 2023, 38% Higher YoY
Aluminum aircraft parts maker Universal Alloy Corp, a member of the Montana Group of Austrian entrepreneur Michael Tojner, ended last year with RON1.2 billion revenue, up 38% from the previo...
JW Marriott Hotel In Bucharest Reports New Record Revenue, Of RON175M, For 2023
Five-star JW Marriott Hotel in Bucharest ended 2023 with revenue of RON175 million, up nearly 14% from 2022, as per finance ministry data, thus reporting new record revenue.
NN Pensii Sells OMV Petrom Shares In RON28M Deals
NN Pensii, Romania's largest Pillar II private pension fund and the leading investor at the Bucharest Stock Exchange, in April slightly reduced its exposure in OMV Petrom (BSE:SNP), the only...
De’Longhi Romania Reports RON2.44B Turnover For 2023, Up 17% YoY
Home appliances producer De’Longhi Romania, the largest exporter in Cluj County, ended 2023 with a turnover of RON2.443 billion (nearly EUR494 million), up nearly 17% from RON2.089 billion (...
Paint Maker Policolor – Orgachim Ends 2023 With EUR71.2M Consolidated Revenue
Paint manufacturer Policolor - Orgachim ended 2023 with consolidated revenue of EUR71.2 million and expects it to reach EUR77.7 million in 2024, the group announced on Wednesday.
UniCredit Bank, Endeavor Romania Partner Up To Ease Access To Financing Of Firms Founded By Romanian Entrepreneurs
Endeavor Romania and UniCredit Bank have concluded a strategic partnership which will facilitate the access to financing and resources for companies founded by Romanian entrepreneurs.
Cemacon Shareholders Approve Company's Delisting From Bucharest Stock Exchange
The shareholders of Romanian building materials producer Cemacon (BSE:CEON) have approved the delisting of the company from the Bucharest Stock Exchange (BSE), within an operation to be inte...