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Vagabond Studio/Made by Society Set to Focus on Europe
Darian Vicol, co-founder of Vagabond Studio/Made by Society, one of the most powerful Romanian fashion brands by sales and store network size, says that in the coming period the company is g...
Romania Central Bank Reports RON2.01B Profit For 2021
Romania’s central bank reported a profit of RON2.01 billion in 2021, down 1% from 2020, of which RON1.6 billion will go to the state budget, representing 80% of the bank’s net revenues, resp...
Affidea Buys Two Medical Centers in Deva and Alba Iulia
Affidea, the biggest player on Romania’s medical imaging market, acquired two Phoenix medical centers in Deva and Alba Iulia, thus reaching a 38-unit nationwide network.
2Performant Handles EUR21M Sales Via Own Platform in 2Q/2022, Up 49% From 2Q/2021
2Performant, the main player on Romania’s affiliate marketing market, listed on the AeRO market of the Bucharest Stock Exchange (2P.RO), in the second quarter of 2022 posted 12,281 single us...
Albrau Prod Set to Invest RON6M in Photovoltaic Panels, New Production Equipment
Albrau Prod, one of the largest independent brewers in Romania, including brands such as Albrau or Zimbru in its portfolio, has a RON6 million investment budget for this year.
La Mama Wants to Open Several Small Restaurants Specialized in Deliveries in 2022
Catalin Mahu, owner of La Mama Restaurant chain, plans to open several small restaurants, specialized in deliveries this year.
5-Star Hotel Vega of Mamaia Ends 2021 with 9.4% Higher Turnover YOY
Five-star hotel Vega of Mamaia seaside resort, controlled by businessman Gabriel Comanescu, ended last year with turnover worth RON17.4 million (EUR3.6 million), up 9.4% year-on-year.
Scandia Food Aims for 14% Higher Turnover in 2022
Scandia Food, leader of the canned food market, in 2022 targets RON439 million turnover, up 14% year-on-year.
Oltina Ends 2021 with Nearly RON1B Turnover, Double 2020 Level
Urlati-based bakery producer Oltina Impex Prod Com, set up in 1994, ended 2021 with turnover of RON998.8 million, double the 2020 level.