EXPANSION
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Austria’s Austrotherm Set to Open New Plant in Romania
Austrotherm Romania, the local subsidiary of the Austrian group of the same name, a producer of polystyrene for constructions, has recently launched participation invitation for company that...
Wizz Air Expects to Carry 9.4 Million Passengers in Next 12 Months, Meaning EUR500M Turnover
Jozsef Varadi, CEO of Wizz Air, the biggest airline in Romania by passenger numbers, projects a 9.4 million passenger traffic in Romania in the next 12 months, namely April 2022-March 2023,...
AROBS Transilvania Takes over Local Arm of Swedish Enea in EUR18M Deal, Largest in Company’s History
AROBS Transilvania Software, a Romanian IT company controlled by Cluj entrepreneur Voicu Oprean, listed on the AeRO market of the Bucharest Stock Exchange under the ticker AROBS, has sealed...
One United Properties Buys 3,065-Sqm Land Plot to Expand Bucharest’s One Lake Club Housing Project
Real estate developer One United Properties bought a 3,065-sqm land plot to expand One Lake Club housing project located on the banks of Lake Tei of Bucharest.
Japanos Restaurant Chain Started in Bucharest Opens First Unit in Paris
Japanos restaurant chain, started in Bucharest, has opened its first unit abroad, in a touristic area of Paris.
NetSafe Aims to Boost Turnover by 40% in 2022
NetSafe, a distributor of value-add IT solutions and products on the segments of security, networking and wireless equipment solutions, plans to reach turnover of almost EUR20 million this y...
Rompetrol Wants to Refine 20% More Oil at Petromidia, Eyes Region for Expansion
Rompetrol Rafinare is likely to process 5.6 million tons of oil in 2022 at Petromidia refinery, Romania’s biggest, way up from 4.6 million tons in 2021, a year when the unit’s activity was h...
Oves Enterprise Bets on Further Expansion
Oves Enterprise, an IT company of Cluj, with several tens of employees and EUR3 million turnover in 2021, has expanded in Germany starting 2022 and bet on further expansion on markets such a...
Farmacia Ardealul Ends 2021 with RON76M Turnover, Flat from 2020
Farmacia Ardealul, one of the strongest regional pharmacy chains, present in Piatra-Neam with 11 units, maintained its 2021 turnover flat from 2020, at over RON76 million, according to the c...