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Cristian Erbasu Set to Invest EUR20M in Two Hotels
Entrepreneur Cristian Erbasu, who owns builder Constructii Erbasu, plans to start building a hotel in Oradea by the end of this year.
Construction Firm Ecoterm Invests EUR2M To Build Own Warehouse in Afumati
Local construction company Ecoterm in 2022 started a EUR2 million investment to develop its own warehouse, in Afumati.
Ascendis Group Invests EUR100,000 in Tech Startup PROCESIO
The Ascendis Group, the leading player in the training and professional development consultancy market in Romania, is investing EUR100,000 in local software company Ringhel, which created PR...
FAN Courier Earmarks EUR20M for Investments in 2023
FAN Courier, the courier market leader, has budgeted investments of EUR20 million this year.
Florea Grup Hits EUR60M Turnover, EUR5M Profit in 2022
Alba-based building materials producer Florea Grup, which also operates in the tourism, energy and transport fields, in 2022 reported EUR60 million turnover and profit worth around EUR5 mill...
Farmec Cluj Wants to Double Production Capacity, Looks at State Aid for Funding
Farmec, Romania’s biggest cosmetics producer, is planning investments meant to double its production capacity and sales, but for this project is looking at state aid for funding.
Antibiotice Iasi Aims for RON580M Turnover and RON42M Profit in 2023
Romanian pharmaceutical producer Antibiotice Iasi has budgeted RON580 million revenues for 2023, up 11% year-on-year and RON42 million net profit, 10% higher than in 2022.
Mineral Wool Manufacturer Knauf Insulation Ends 2022 with 40% Growth In Revenue
Mineral wool manufacturer Knauf Insulation, which is making an investment of more than EUR120 million in Mures County, increased its revenue in Romania by over 40% in 2022 compared with 2021...
Trident Dental Clinics End 2022 with RON20M Revenue, Continue Investment
The Trident dental clinics in Bucharest generated RON20 million revenue in 2022, an increase of 34%, and the plans of entrepreneur Florin Lazarescu, a dentist by profession, are to boost the...