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Jewelry chain Teilor Opens Third Store in Hungary, Reaches 62 Units in CEE
Luxury jewelry store chain Teilor, with bonds listed on the Bucharest Stock Exchange, is further expanding in Hungary by opening its third store in Budapest and reaches a 62-unit network in...
Ardealul Carei 2021 Turnover Up 61% to over RON416M YOY
Ardealul Carei, one of the biggest vegetable oil producers controlled by local entrepreneurs, for 2021 reported turnover of around RON416.5 million (EUR84.6 million), up around 61% from the...
Top Seeds To Invest EUR4.7M to Buy Farm and Grain Warehouse
Romanian company Top Seeds, a provider of integrated solutions for agriculture, is due to complete total investment of EUR4.7 million this year to acquire a farm and a grain warehouse, expla...
Daw Benta Set to Invest EUR15M in Next Two Years
Construction materials producer Daw Benta, owned by Remus Aurel Benta and German concern Daw SE, has a EUR15 million investment plan for the next two years.
Telekom Romania Mobile Reports Higher Revenues, Profit and Client Numbers in 2Q/2022
Telekom Romania Mobile, the former Cosmote, the fourth largest company on Romania’s mobile telephony market, a company controlled by Deutsche Telekom, Germany, and OTE, Greece, for the secon...
Temad Targets 17% Higher Turnover in 2022 YOY
Construction material wholesaler Temad Brasov has budgeted 17% turnover growth in 2022 on the year, to RON260 million.
DS Smith Invests EUR8.7M in Waste Water Treatment Plant at Zarnesti Mill
British paper packaging producer DS Smith announced it completed the construction of a waste water treatment plant at its paper mill of Zarnesti, the biggest paper production unit in Romania...
Theta Furniture&More Set to Invest in Photovoltaic Panels to Cover 60% of Paulesti Plant Energy Needs
Theta Furniture&More, one of the largest players in the interior design and custom furniture market in Romania, is readying a photovoltaic panel investment project in a bid to cover around 6...
Latvia’s Food Union Group Plans EUR1M Investment to Develop Sales Infrastructure in Romania in 2022
Artur Cirjevski, CEO of Food Union Group in Europe, a group that owns Alpin 57 Lux, a maker of ice cream, frozen vegs and bakery products, says the group has carried out large investments in...