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Romania’s Arxia Wants to Boost Headcount by At Least 50% in 2022
Romanian-held Arxia, a company with 20-year expertise in the creation of IT solutions and digitalization consulting, plans to double its number of employees during 2022, in a bid to meet ris...
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...
BICO Industries Aims to Invest EUR6-8M to Diversify Product Portfolio
Fiberglass mesh producer BICO Industries, part of building materials holding ROCA Industry, wants to access state aid to expand its current product portfolio.
Dent Estet Turnover Surges 60% YoY To Over RON107M In 2021
Dent Estet Group, part of the MedLife Medical System, ended 2021 a turnover of RON107.6 million, a 60% increase compared to RON67.1 million in 2020, according to data provided by company rep...
Turbomecanica Turnover Up 17% YoY To RON25.5M In 1Q/2022
Turbomecanica (TBM.RO), Romania’s only maker of turbojet parts and mechanical assemblies for aircraft, had a turnover of RON25.47 million in the first quarter of 2022, up 16.8% from the year...
Nexxon Targets 30% Higher Turnover In 2022
Tire and inner tube distributor Nexxon, headquartered in Targu Secuiesc (Covasna County), forecasts a 30% higher turnover in 2022 compared to 2021 when it reported a turnover of RON193.2 mil...
Strabag Reports EUR264M Revenues In Romania In 2021, Up 5% YoY
Austrian construction company Strabag reported revenues of EUR264 million in Romania in 2021, up 5% versus 2020, in line with data from the Group's latest financial report for 2021.
OTP Bank Romania Reports RON24M Loss For 1Q/2022
OTP Bank Romania registered a loss of RON24 million in the first quarter of 2022, predominantly impacted by risk costs, according to the report published in Budapest, which presents the cons...
Amazon Development Center in Romania Rakes In 20% Higher Turnover in 2021 YOY
Amazon Development Center, the development center US giant Amazon owns in Romania, with offices in Bucharest, Iasi and Timisoara, in 2021 posted turnover worth RON555 million (EUR112.9 milli...