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Adinish Eyes Hungarian and Moldovan Markets
Adinish, one of the best known local businesses focused on the sale of children’s items, for 2022 plans to open showrooms, in a franchise system, in Timisoara, Iasi, Brasov and Constanta, st...
Technical Textile Producer Techtex Completes EUR5M Plant near Baia Mare
Techtex, a company specializing in technical textile production, part of Taparo group, in 2021 completed a EUR5 million investment in its third production unit, a new plant near Baia Mare, a...
Turism Felix Set to Hit RON80M Turnover in 2021, up 50% YOY
Florin Serac, general manager of Turism Felix, which manages a holiday compound in Baile Felix resort, says the company will end 2021 with turnover worth around RON80 million, up 50% from 20...
Romania’s Private Healthcare Market Posts Fivefold Leap in a Decade
During the 2009-2020 period, companies operating in Romania’s private healthcare field saw their turnover grow fivefold, from RON2.3 billion in 2009, to RON11 billion last year.
Elis Pavaje Invests EUR20M in New Arad Plant
Paver maker Elis Pavaje, owned of Gota family of Alba, invests EUR20 million in the group’s fifth plant.
Balvanyos Resort Set to Wrap Up EUR9M Project in 2022 to Expand Spa Center
Covasna-based Balvanyos Resort will complete in late 2022 an investment project worth around EUR9 million meant to expand the accommodation capacity and area of the spa center.
Alpin 2003 Set to End 2021 with 15% Higher Turnover
Alpin 2003, managing hotel complex Alpin Resort Hotel, controlled by businessman Claudiu Aron, one of the biggest tourism players in Poiana Brasov resort, is set to post around 15% higher tu...
Romania’s Electrical Home Appliances Field Attracted EUR200M Investments in 3 Years
Electrical home appliances production has over the past 3 years attracted investment worth above EUR200 million in three new plants, existent facility expansion and one acquisition, with the...
Morphosis Capital Takes Over Majority Stake in Stay Fit Gym
Private equity fund Morphosis Capital Fund I, focused on Romanian small and medium-sized company, acquired the majority stake in Stay Fit Gym, the second biggest player on Romania’s fitness...