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Grand Hotel Bucharest Ends 2021 with 50% Higher Revenues, at RON18M
The former Intercontinental hotel, currently Grand Hotel Bucharest, managed by Compania Hoteliera Intercontinental, in 2021 registered RON18 million turnover, up almost 50% from the previous...
Flanco Set to Expand Further Abroad
Dragos Sirbu, CEO of electro-IT retailer Flanco, says the company will enter Poland, and then Germany, the Czech Republic and maybe Greece in 2022.
Donna Medical Center Ends 1Q/2022 with 15% Higher Turnover vs Year-Earlier Period
Donna Medical Center, a business set up in 2011 by Elena Claudia Teodorescu, a radiologist specialized in breast imaging, ended the first quarter of this year with 15% higher turnover than i...
Italian Vicenzo Randisi Invests EUR7M in Cookie and Flour Product Plant in Ialomita County
Ansthall Trading, a company majority held by Vicenzo Randisi, a 50-year-old Italian, is set to invest EUR7 million in a cookie and flour product plant in Ialomita county, in line with inform...
Agricola Bacau Budgets 11% Turnover Growth in 2022
Agricola Bacau group, a major player on the poultry meat market in Romania, also a producer of cold cuts and ready-meal items and eggs, aims to increase its turnover by 11% in 2022 despite c...
Germany’s Optibelt Budgets over EUR70M Turnover for Maramures Plant in 2022
Car parts producer Optibelt Power Transmission of Tautii-Magheraus locality, Maramures county, the local subsidiary of Germany’s Arntz Optibelt, projects EUR70.4 million turnover for this ye...
Dumagas Ends 1Q/2022 with 10% Higher Turnover from Year-Earlier Period
Dumagas, one of the biggest freight carriers in Romania, controlled by investment fund Bancroft, ended the first quarter of this year with 10% higher turnover than in the year-earlier period...
Netherlands’ Envipco Invests More Than EUR2M in Reverse Vending Machine Plant in Sebes
Dutch company Envipco has completed an investment of more than EUR2 million in an equipment factory for the selective collection of beverage packaging, built in the city of Sebes, Alba Count...
Transport Trade Services Oks Distribution of RON17.8M Dividends
The shareholders of river shipping company Transport Trade Services (TTS) approved the Management Board’s proposal related to the distribution of RON17.8 million worth of dividends.