EXPORTS
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Farmec Seeks Non-Reimbursable Funding for Plant Relocation
Cosmetics producer Farmec wants to move its Cluj-Napoca plant on another land plot, located outside the city, and for this project, set to be carried out in the coming years, the company wan...
Romania Trade Gap Hits EUR18.7B in Jan-July 2022, Up EUR5.8B YOY
Romania in the first seven months of 2022 exported goods worth EUR52.6 billion, up 24%, while imports reached EUR71.4 billion, 29% more than in the year-earlier period, generating a EUR18.7...
Pharma Manufacturer Sandoz 2021 Turnover Nears RON100M, Up 6%
Pharmaceutical manufacturer Sandoz SRL, owned by Swizz pharma company Novartis, ended 2021 with turnover worth RON451 million (EUR92 million), up 6% on the year, in line with ZF calculations...
Romania Trade Gap Reaches EUR15.3B in 1H/2022, Up 45% YOY
Romania’s trade balance posted a deficit of EUR15.3 billion in January-June 2022, EUR4.74 billion higher than in the same period of 2021, in line with data from the country’s statistics boar...
Cramele Recas Mulls Smaller Winery Acquisition
Ciprian Rosca, commercial manager of Cramele Recas group, says the wine producer considers acquiring a smaller winery for development.
Terapia Cluj Targets RON1B Turnover in Financial Year 2022/2023, Up 15% YOY
Dragos Damian, CEO of Terapia Cluj, wants to drive the pharmaceuticals producer to RON1 billion turnover in financial year 2022-2023, meaning an over 15% increase vs the previous financial y...
Romania’s 2021 Wine Exports Reach 17,4 Million Hectoliters, Just 4% of Total Production
Romania last year exported 17.4 million liters of wine as total production stood at 4.5 million hectoliters (450 million liters). This means exports weighed below 4% of total wine production...
Transavia Group’s Exports Up 63% YoY To RON200M In 2021
Transavia Group, Romania’s largest poultry producer, registered exports of RON202 million in 2021, almost double from RON124 million in 2020, in line with data from the Group’s representativ...
MobilaDalin Ends 2021 with Over EUR10M Turnover, Up 25% YOY
Romanian upholstered furniture producer MobilaDalin of Reghin, Mures county, a Romanian business founded by Cotoi family 27 years ago, for 2021 reported turnover worth RON50.8 million (EUR10...