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FAN Courier Completes EUR15M Cluj-Napoca Warehouse
Companies

FAN Courier Completes EUR15M Cluj-Napoca Warehouse

FAN Courier, leader of Romania’s courier services market, founded in 1998 by Felix Patrascanu, Adrian Mihai and Neculai Mihai, has completed the Cluj-Napoca hub that is set to become a new t...

Mirabela Tiron · 29.04.2022 · 10:28 · 1 min
Sport Guru 2021 Profit Up 64% to RON2.8M YOY
Companies

Sport Guru 2021 Profit Up 64% to RON2.8M YOY

Sport Guru, the main retailer and distributor of specialized sporting goods domestically, posted total sales of RON38.4 million at the end of 2021, up 62% on the year, and RON2.8 million net...

Cristina Bellu · 28.04.2022 · 15:57 · 1 min
Petrom Shareholders OK Record High RON1.9B Dividends
Companies

Petrom Shareholders OK Record High RON1.9B Dividends

Petrom shareholders, including Austria’s OMV (51%), Energy Ministry (20.6%), as well as Pillar II private fund pensions and Fondul Proprietatea, on Wednesday approved paying investors RON1.9...

Liviu Popescu · 28.04.2022 · 11:03 · 1 min
EquiLiant Capital Aims to Have 6-7 Companies in Investment Portfolio
Companies

EquiLiant Capital Aims to Have 6-7 Companies in Investment Portfolio

Laurentiu Ciocirlan, managing partner of investment fund EquiLiant Capital created by Paval brothers, the owners of Dedeman, Romania’s most powerful entrepreneurial business, states the fund...

Ramona Cornea · 28.04.2022 · 10:26 · 1 min
WDP Builds EUR7M Warehouse in Timisoara for Austria’s Bulung
Real Estate

WDP Builds EUR7M Warehouse in Timisoara for Austria’s Bulung

Belgium’s logistic developer WDP is building a warehouse in Timisoara for an Austrian company that has recently arrived in Romania, Bulung, in line with the group’s latest report.

Alina-Elena Vasiliu · 28.04.2022 · 10:15 · 1 min
ROCA Investments Reaches RON247M Valuation
Companies

ROCA Investments Reaches RON247M Valuation

ROCA Investments reached a valuation of RON247.5 million (over EUR50 million) this year, more than double the value in 2018, RON102 million.

Loredana Frățilă-Cristescu · 27.04.2022 · 20:53 · 1 min
2021, Best Year Since Opening for Rasnov Dino Park
Companies

2021, Best Year Since Opening for Rasnov Dino Park

Adrian Apostu, founder of Dino Parc Rasnov, the largest dinosaur themed park in south-eastern Europe, says 2021 was the best year for the park since its opening, with a record high number of...

Miruna Diaconu · 26.04.2022 · 11:03 · 1 min
Tehmag Set to Invest EUR2M in Bielda Machine Production in Romania
Companies

Tehmag Set to Invest EUR2M in Bielda Machine Production in Romania

Tehmag group has started procedures for an investment put at EUR2 million in a Bielda industrial machinery assembly line in northern Bucharest and this year wants to operate the first export...

Alex Ciutacu · 26.04.2022 · 10:41 · 1 min
Rodbun Contemplates Listing on Bucharest Stock Exchange
Companies

Rodbun Contemplates Listing on Bucharest Stock Exchange

Rodbun group, set up two decades ago by Daniel Muntean and Alexandru Iancu, is considering listing on the Bucharest Stock Exchange to fund its future investment projects, including the const...

Florentina Nițu · 26.04.2022 · 10:23 · 1 min