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Tehmag Wants to Launch First Locally-Produced Bielda Machine in 2023
Mihai Nica, co-founder of Tehmag, a company that sells industrial machines, says he plans to start production of Bielda industrial machines in Romania in 2023.
2022 Expected to Bring Fastest Expansion So Far for Romania’s Modern Retail
2022 is expected to be the year Romania’s modern retail will witness the quickest expansion so far, with over 500 new units and investments of at least EUR1 billion.
Sapte Spice Projects EUR80M Turnover for 2022, Up 25% YOY
Sapte Spice, a major player on Romania’s milling market, expects higher revenues in 2022 on the back of future price increases. Thus, the company sees 2022 turnover reach EUR80 million, up 2...
Christian Tour Sees 2022 Turnover at 90-95% of 2019 Level
Cristian Pandel, CEO of travel agency Christian Tour, expects turnover to reach 90-95% of 2019 level in 2022.
Premium Winemaker Davino Taps into Retail
Winemaker Davino of Dealu Mare, known for operating on the premium segment of the market, is to list some wines in major retail chains, having already signed contracts with two major players...
Triagroexim Ends 2021 with Higher-than-Expected Revenues
Nina Gheorghita, a stakeholder in Triagroexim, a company cultivating 600 hectares of grain in Braila county, says 2021 ends with higher-than-expected revenues owing to the record high prices...
Medisprof Cancer Center Set to Build Second Oncology Hospital in Cluj Napoca, Oncological Center in Piatra Neamt
Medisprof Cancer Center, a Romanian-held business, which operates a hospital in Cluj Napoca, providing chemotherapy services, is building a second hospital in Cluj-Napoca, a EUR12 million in...
Unilever Has Invested More Than EUR120M in Romania in 30 Years
Unilever has invested more than EUR120 million in Romania over the past 30 years, since the group's first products entered the local market, says Romanian executive Ana-Maria Paslaru, who be...
Rondocarton Set to Invest EUR10M In Vertical Warehouse in Targoviste
Rondocarton, part of the Austrian group Rondo Ganahl, one of the largest corrugated cardboard producers, which operates three packaging plants on the local market, plans to develop a vertica...