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Austria’s SW Umwelttechnik Wants to Build New Plant in Romania
SW Umwelttechnik Romania, the local subsidiary of the Austrian company with the same name, a maker of precast concrete products, plans to expand the local production activity by adding a new...
SoftNews Net Boasts All-Time High Profit in 2021
Softnews Net, the company behind software distribution network softpedia.com, saw net profit top RON19 million (EUR3.8 million) in 2021, in the wake of the biggest increase since the company...
Siemens Energy Seeks to Hire 200 Specialists in Romania for Renewable Power and Cyber Security Hub
At this moment, Siemens Energy has 199 jobs available for Romania, with 192 in Bucharest.
Temad Aims to Optimize Warehouse Network
Entrepreneur Florin Madar, owner of construction materials wholesaler Temad of Brasov, considers optimizing the network of warehouses he owns locally so that, through better infrastructure,...
Agroland Group Invests to Become Major Egg Market Player; Aims to Buy Meat Producers
Agroland group, active in the retail, agriculture and food sectors, is carrying out investments to the end of cementing its foothold on the egg market and make inroads on the market of poult...
Local Rolex Importer Chronolink Doubles Turnover in Pandemic to RON70M
Chronolink, the sole importer of Rolex brand in Romania, last year hit turnover worth a little above RON70 million, up 70% from 2020 and double the 2019 level, in line with ZF calculations b...
Alumil Rom Industry’ Net Profit Soars 63% YoY To RON6M In 2021
Romanian aluminum processor Alumil Rom Industry (ALU.RO) ended 2021 with a net profit of RON6 million, up 63.4% from 2020, and a turnover of RON90.8 million, up 24.5% on the year.
Brico Dépôt DIY Stores’ Sales Up 15% To EUR335M In Romania In 2021
UK’s Kingfisher, which owns the Brico Depot DIY stores in Romania, saw its local sales increase by 15% in 2021 versus 2020, to GBP279 million (almost EUR335 million), in line with Kingfisher...
Chairry Design & Furniture Reports EUR1.1M Turnover In 2021; Eyes EUR3M Level In 2022
Interior design company Chairry Design & Furniture had a turnover of EUR1.1 million in 2021 amid an effervescent market on the furniture and interior design segment in Romania, especially in...