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Lantmännen Unibake Romania Starts Works at New Pantelimon Bread Specialties Plant
Companies

Lantmännen Unibake Romania Starts Works at New Pantelimon Bread Specialties Plant

Lantmännen Unibake Romania, a major player on Romania’s bakery market, has started building the new plant of Pantelimon where it will manufacture premium bread specialties.

Mădălina Dediu Panaete · 28.09.2022 · 10:20 · 1 min
Door And Window Maker Pinum Owners Invest EUR20M in New Plant in Bucharest
Companies

Door And Window Maker Pinum Owners Invest EUR20M in New Plant in Bucharest

Demand for doors and windows in Europe will increase in the coming period, as the NRRP allows for building insulation, which is why Pinum, the company now owned by Nusco SpA, will start the...

Loredana Frățilă-Cristescu · 27.09.2022 · 22:01 · 1 min
Optical Retailer Lensa Plans to Open Four More Stores in 2022
Companies

Optical Retailer Lensa Plans to Open Four More Stores in 2022

2022 is the year of accelerated expansion for optical retailer Lensa as the company already opened 16 new stores in the first nine months and plans to launch another four this year, explaine...

Alex Ciutacu · 27.09.2022 · 09:56 · 1 min
German-held Builder Geiger Doubles Profit in 2021
Companies

German-held Builder Geiger Doubles Profit in 2021

German-held building company Geiger Transilvania in 2021 generated net profit of RON18 million (EUR3.7 million), double the 2020 level.

Laurentiu Cotu · 26.09.2022 · 10:21 · 1 min
Cluj-Napoca-Based Builder Wincon Set to Invest EUR5M to Expand Production Capacity at Plant
Companies

Cluj-Napoca-Based Builder Wincon Set to Invest EUR5M to Expand Production Capacity at Plant

Builder Wincon of Cluj-Napoca, owned by brothers Bogdan and Werner Irsik, is carrying out an investment to boost the production capacity at one of its plants, amid the upward trend of the lo...

Alina-Elena Vasiliu · 23.09.2022 · 10:03 · 1 min
Benvenuti 1H/2022 Turnover Up 37% To RON67M
Companies

Benvenuti 1H/2022 Turnover Up 37% To RON67M

Footwear retailer Benvenuti, controlled by local entrepreneur Dan Pavel, in the first half of this year reached turnover worth around RON67 million (EUR13.5 million), up 37% from the year-ea...

Laurentiu Cotu · 23.09.2022 · 09:45 · 1 min
Number of Four-Star Hotels Doubles in Ten Years in Romania
Companies

Number of Four-Star Hotels Doubles in Ten Years in Romania

In 2021, the number of four-star units stood at 394, in line with National Statistics Board data. The considerable increase is mainly due to investors’ rising appetite for this field.

Miruna Diaconu · 23.09.2022 · 09:37 · 1 min
CrisTim Expects Turnover to Rise by 18-20% in 2022
Companies

CrisTim Expects Turnover to Rise by 18-20% in 2022

Radu Timis Jr., CEO of CrisTim, one of Romania’s largest meat producers by turnover, controlled by Radu and Cristina Timis, expects the company’s turnover to go up by around 18-20% this year...

Miruna Diaconu · 22.09.2022 · 09:46 · 1 min
IKEA Supplier Sortilemn Gherla 1H/2022 Turnover Up 19% from 1H/2021, To EUR21.3M
Companies

IKEA Supplier Sortilemn Gherla 1H/2022 Turnover Up 19% from 1H/2021, To EUR21.3M

Sortilemn Gherla, a major local supplier to Sweden’s IKEA, in the first half of this year generated EUR21.3 million turnover, up 19% from the year-earlier period, in line with ZF calculation...

Laurentiu Cotu · 21.09.2022 · 09:47 · 1 min