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Cold Cuts Maker Elit Rakes In RON60M Net Profit in 2021, 9% Higher YOY
Companies

Cold Cuts Maker Elit Rakes In RON60M Net Profit in 2021, 9% Higher YOY

Elit, one of Romania’s biggest cold cuts producers, for 2021 reported net profit worth almost RON60 million (EUR12.2 million), up 9% on the year.

Laurentiu Cotu · 26.07.2022 · 10:06 · 1 min
HS Timber Productions Invests EUR18M in Its Romanian Plants
Companies

HS Timber Productions Invests EUR18M in Its Romanian Plants

Austrian company HS Timber Productions (formerly Holzindustrie Schweighofer), active in the timber industry, is investing more than EUR18 million in its mills in Bacau and Covasna counties.

Loredana Frățilă-Cristescu · 25.07.2022 · 18:25 · 1 min
Romania to Account for Almost 9% of Polyol Production in Europe, after Chimcomplex Investment
Capital Market

Romania to Account for Almost 9% of Polyol Production in Europe, after Chimcomplex Investment

Chimcomplex (CRC.RO), Romania's largest chemical plant with industrial sites in Onesti and Ramnicu Valcea, has inaugurated a production installation for special polyols on the Oltchim site,...

Loredana Frățilă-Cristescu · 21.07.2022 · 17:09 · 1 min
Spectral Mobila Turnover Up 20% in First 5 Months of 2022 Vs Year-Earlier Period
Companies

Spectral Mobila Turnover Up 20% in First 5 Months of 2022 Vs Year-Earlier Period

Dan Dodita, CEO of furniture producer Spectral Mobila of Barlad, Vasliu county, says the company saw its turnover go up by 20% in the first five months of 2022 against the same period of 202...

Mădălina Dediu Panaete · 21.07.2022 · 09:53 · 1 min
Grup Serban Holding Buys 4 Grain Storage Bases for RON17.7M
Companies

Grup Serban Holding Buys 4 Grain Storage Bases for RON17.7M

Grup Serban Holding, a Romanian entrepreneurial company active in several fields of agriculture, listed on the AeRO market of the Bucharest Stock Exchange under the GSH ticker, has bought fo...

Cristina Bellu · 18.07.2022 · 10:33 · 1 min
Aramis Invest Rakes in Record High RON1.6B Turnover in 2021
Companies

Aramis Invest Rakes in Record High RON1.6B Turnover in 2021

Aramis Invest, Romania’s biggest furniture producer, controlled by local entrepreneurs Vladimir Iacob and Marius Selescu, in 2021 generated turnover worth RON1.6 billion, up almost 38% on th...

Mădălina Dediu Panaete · 18.07.2022 · 10:18 · 1 min
Pharmaceutical Wholesaler Ropharma Logistic Earmarks RON4.2M for Investments in 2022
Health

Pharmaceutical Wholesaler Ropharma Logistic Earmarks RON4.2M for Investments in 2022

Pharmaceutical wholesaler Ropharma Logistic, a business that emerged in 2014 after large pharmacy chains were forced to separate distribution from retail, has grown steadily in recent years...

Loredana Frățilă-Cristescu · 13.07.2022 · 21:31 · 1 min
Cargus Plans EUR55M Investments in Next Two Years To Develop E-Commerce and Logistics
Companies

Cargus Plans EUR55M Investments in Next Two Years To Develop E-Commerce and Logistics

Cargus, one of the biggest players on Romania’s courier services market, has a EUR55 million investment budget for the next two years, with investments set to focus on e-commerce, innovation...

Miruna Diaconu · 06.07.2022 · 10:02 · 1 min
Lidas Ends 2021 with RON86.6M Turnover, Up 12.5% YOY, Aims for 10% Growth in 2022
Companies

Lidas Ends 2021 with RON86.6M Turnover, Up 12.5% YOY, Aims for 10% Growth in 2022

Tulcea-based Lidas, owned by entrepreneur Elena Anastase, which owns a bakery plant in Mineri locality of Tulcea, but also its own store network, in 2021 generated turnover worth RON86.6 mil...

Mirabela Tiron · 06.07.2022 · 09:55 · 1 min