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Fashion Retailer Peek & Cloppenburg Expands to Craiova and Iasi; Set to Reach 10 Stores in Romania
German fashion retailer Peek & Cloppenburg will open two new units in Romania this autumn, in Craiova and Iasi.
Rottaprint Earmarks EUR2M for Development Investments in 2023
Printing company Rottaprint has for 2023 budgeted around EUR2 million for investments in development, by introducing new products in its portfolio to ease up recycling and reuse.
Sonaca Aerospace Transilvania Reaches RON60M Turnover in 2022, 37.5% Higher YOY
Aircraft parts manufacturer Sonaca Aerospace Transilvania, the local subsidiary of Belgium group Sonaca, for 2022 reported turnover of RON59.6 million (EUR12.1 million), up 37.5% from the pr...
Homplex Expects RON40M Revenues in 2023, Up 25% YOY
Bogdan Panainte, CEO and founder of Homplex, a Romanian producer of thermostats and gas detectors, forecasts RON40 million revenues this year, 25% higher than in 2022.
Perla Harghitei Aims for over RON148M Turnover in 2023, Up 18% from 2022
Perla Harghitei SA, a major natural mineral water bottler locally, plans to reach turnover worth above RON148 million (over EUR30 million) this year, budgeting an over 18% increase against 2...
Garanti BBVA Romania Ends 2022 With RON191M Net Profit, Up 34% YoY; Revenue Of RON550M, Up 20% YoY
Garanti BBVA, part of Garanti BBVA Group Romania, recorded a net profit of RON191 million in 2022, up 34.3% year-over-year, and net revenue of RON550 million, 20.1% higher than in 2021.
Brewer Albrau Aims to Invest RON5M in 2023
Albrau, a major independent brewer, has a RON5 million investment budget for this year, aimed at new production lines and boosting energy efficiency.
Prospectiuni Envisages RON28.2M Gross Profit In 2023 Vs RON10.4M In 2022
Geological prospecting company Prospectiuni Bucuresti, majority owned by businessman Ovidiu Tender, targets a gross profit of RON28.2 million in 2023, up 71% from the gross result of RON10.4...
Apulum Alba Iulia Switches To RON12.1M Net Loss In 2022 From RON6.1M Net Profit In 2021
Porcelain products manufacturer and Ikea supplier switched loss in 2022, reporting a negative result of RON12.1 million (EUR2.4 million), from a net profit of RON6.1 million (EUR1.2 million)...