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Temad Invests EUR5M in 7,000-Sqm Warehouse
Brasov-based building materials wholesaler Temad in 2023 started designing a new 7,000-sqm logistic center in Bartolomeu area of Brasov, in which investments revolve around EUR5 million.
Gusto Puffs Maker Ends 2023 with Record Sales Growth
PheonixY, the producer of Gusto puffs, ended 2023 with 30% higher revenues on the year, a historic increase for the Prahova-based business.
Limitless Agency Ends 2023 With EUR4.25M Turnover, Up 31% YoY
Limitless Agency, one of Romania’s main digital marketing agencies, ended 2023 with a turnover of EUR4.25 million, up 31% compared to the previous year.
2023, Best Year for Domeniile Averesti
Rares Florea, country manager at wine producer Domeniile Averesti, a top 10 player on the market, says 2023 was the best year in the company’s history, with over 2 million bottles sold.
Romaqua Group Joins Billionaire Club
Radu Lazaroiu, general manager of Romaqua Group, Romania’s biggest beverage manufacturer, says 2023 was a good year for the company despite market instability and the producer boosted its bu...
Ascendis 2023 Revenues Rise 5% To almost EUR11M
Ascendis Group, a leading player on the training and consulting market in the field of professional development in Romania, ended 2023 with turnover worth around EUR11 million, up 5%, report...
Spectral Mobila Ends 2023 with EUR6.7M Turnover, Up 16% YOY
Furniture producer Spectral Mobila, with owns a plant near Barlad and a store network under the same name, ended 2023 with net turnover worth EUR6.7 million, up 16% from 2022, while its numb...
5 to go Eyes 25% Turnover Increase In 2024, To EUR50M
Local café network 5 to go aims to reach a total 650 units and a 25% annual increase in turnover, to EUR50 million, at the end of 2024.
Bucharest’s 4-Star Hotel Capital Plaza Nears EUR3M in 2023
Bucharest’s 4-star hotel Capital Plaza, owned by four Romanian entrepreneurs, ended 2023 with turnover worth almost EUR3 million, from EUR2.5 million in 2022, and expects a 5-7% increase thi...