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Reinert Aims to Invest EUR5M in Oradea Plant in 2022
Companies

Reinert Aims to Invest EUR5M in Oradea Plant in 2022

Technical plastics solutions developer Reinert Kunststoffetechnik, acquired in late 2019 by Germany’s CCBA Verwaltungs, has budgeted EUR5 million investments for 2022 to expand the plastics...

Laurentiu Cotu · 14.03.2022 · 10:21 · 1 min
IKEA Supplier IPEC Seeks to Hire 50 People
Companies

IKEA Supplier IPEC Seeks to Hire 50 People

IPEC, a major local supplier to IKEA, currently has 50 jobs available at Alba Iulia porcelain plant.

Laurentiu Cotu · 14.03.2022 · 10:12 · 1 min
IKEA Supplier Sortilemn Gherla Earmarks EUR1M Investments for 2022
Companies

IKEA Supplier Sortilemn Gherla Earmarks EUR1M Investments for 2022

Gherla-based Sortilemn, a major local supplier to Sweden’s group IKEA, has budgeted investments of around EUR1 million for this year, aimed at automation and infrastructure.

Laurentiu Cotu · 14.03.2022 · 10:06 · 1 min
Germany’s Kromberg & Schubert Seeks to Hire over 90 People for Medias Plant
Automotive

Germany’s Kromberg & Schubert Seeks to Hire over 90 People for Medias Plant

German-held car parts supplier Kromberg & Schubert Romania ME currently has 92 jobs available at the Medias plant.

Laurentiu Cotu · 14.03.2022 · 09:57 · 1 min
Hotel Chain Bacolux Ends 2021 with 28% Higher Turnover YOY
Companies

Hotel Chain Bacolux Ends 2021 with 28% Higher Turnover YOY

Hotel chain Bacolux, controlled by brothers Marius and Razvan Bazavan, including Diana and Afrodita hotels of Baile Herculane, ended 2021 with 28% higher turnover and for 2022 expects a bigg...

Mirabela Tiron · 14.03.2022 · 09:48 · 1 min
Visual Fan’s Net Profit Up Over 20% YoY To RON8.5M In 2021
Technology &Telecoms

Visual Fan’s Net Profit Up Over 20% YoY To RON8.5M In 2021

Visual Fan (ALW.RO), a company listed on the Bucharest Stock Exchange and owner of the Allview brand, on Thursday said it ended 2021 with a net profit of RON8.5 million, up over 20% from 202...

Ecaterina Craciun · 10.03.2022 · 15:31 · 1 min
Promateris Expects Revenues Of RON236M, Net Profit Of Over RON21M In 2022
Companies

Promateris Expects Revenues Of RON236M, Net Profit Of Over RON21M In 2022

Promateris (PPLRO), a Romanian industrial group and leader in Central and Eastern Europe (CEE) region in producing biodegradable and compostable packaging, estimates for 2022 revenues of RON...

Ecaterina Craciun · 10.03.2022 · 13:46 · 2 min
Mobexpert Set to Open New Stores, Develop New Products, Expand B2B Services in 2022
Companies

Mobexpert Set to Open New Stores, Develop New Products, Expand B2B Services in 2022

Mobexpert, a major player on Romania’s furniture market, with both production and retail activities, plans to open new stores, develop new products in its own plans and expand B2B services t...

Cristina Roșca · 10.03.2022 · 10:16 · 1 min
Komoder Seeks To Open New Showrooms in Malaga, Zurich and London in 2022
Companies

Komoder Seeks To Open New Showrooms in Malaga, Zurich and London in 2022

Romanian massage chair retailer Komoder plans to invest in 2022 to open showrooms in Malaga, Zurich, while readying the second showroom in London, explained Adrian Rus, founder of Komoder.

Alex Ciutacu · 10.03.2022 · 10:03 · 1 min