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Barleta Expects 7% Higher Turnover in 2021 YOY at EUR20M
Bacau-based Barleta plant, producing paper bags and sacks for major supermarket chains, pharmacy networks or bakery makers, forecasts 7% higher turnover this year, to EUR20 million, accordin...
Rosendahl Nextrom 2020 Turnover Drops 64% YOY to RON12.7M
Rosendahl Nextrom, the domestic arm of Rosendahl Nextrom GmbH Austria, part of Austria’s group Knill Gruppe, in 2020 posted turnover worth RON12.7 million (EUR2.6 million), down 64% year-on-...
Cigarette Maker BAT Contributes RON7.8B to State Budget in First 9 Months of 2021
Cigarette producer BAT contributed RON7.8 billion to Romania’s state budget in the first nine months of 2021, 13% more than in the year-earlier period.
Agricost Finalizes EUR65M Investment To Open Three New Alfalfa Processing Plants
Agricost, the largest grain and oilseeds farm in Romania by cultivated land, located in the Great Braila Island, has opened in 2021 the third alfalfa processing plant. The project of the con...
Pillar II Pension Funds End September with RON87B in Assets
The seven Pillar II (mandatory) private pension funds in Romania, which hold significant stakes in the companies listed on the Bucharest Stock Exchange, had RON87 billion assets at the end o...
Ikea Goes Beyond RON1B Turnover Mark in Romania; Builds Third Store Domestically
Furniture retailer Ikea, present with two stores in Romania, went beyond the RON1 billion turnover mark domestically in the financial year ended on August 31, 2020, according to the group’s...
FAN Courier Expects RON1.1B Revenues in 2021
FAN Courier, Romania’s leading courier services company, expects to generate RON1.1 billion revenues this year as in the first nine months volumes rose by 10% against the year-earlier period...
Romania Needs to Invest EUR23B in Green Energy by 2030
Romania needs to invest EUR23 billion in the energy sector to comply with the Integrated National Energy and Climate Plan (INECP) as undertaken before the European Commission.
Tiriac Group Invests EUR3M in Green Solutions for Tiriac Tower
Tiriac Group used EUR3 million of its about EUR30 million investment budget for Tiriac Tower for projects intended to curb carbon emissions such as bike racks and lockers with showers for th...