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Braiconf Turnover Halves To RON14M YoY In Jan-Sept 2021
Romanian apparel manufacturer Braiconf Braila (BRCR.RO) ended the first nine months of 2021 with a turnover of RON14 million, half the level of RON27 million reported in the same period in 2...
Antibiotice Iasi Wants 60% of Sales to Come From Abroad by 2028
Antibiotice Iasi, the biggest local Romanian-held drug maker, aims for exports to weigh 50%-60% in turnover by 2028.
Omnia Plast Plans to Build the Fourth Plant in Ilfov in 2 Years
Chiajna-located Omnia Plast, controlled by Italy’s group Sunino Spa, which produces winter sports equipment, toys and other plastic items in three local plants, plans to build a fourth plant...
Italy’s De’Longhi Seeks to Hire over 300 People for Jucu Center
Household appliance manufacturer De’Longhi Romania, the biggest exporter of Cluj, has 328 jobs available at the coffee machines plant of Jucu, Cluj county.
Grup Serban Holding Raises RON12.7M from Investors on Stock Exchange
Grup Serban Holding, an entrepreneurial business established by Nicolae Serban, operating in several agricultural fields, announced the successful conclusion, from the very first day, of the...
Derpan Expects RON42M Turnover in 2021, Flat from 2020
Croissant producer Derpan located in Smardan, Galati county, controlled by brothers Valentin and Emil Ancuta, projects RON42 million turnover for 2021, similar with the 2020 level, after gas...
Dunca Expeditii Aims for 5% Higher Turnover in 2021
Dunca Expeditii, one of the largest freight carriers in Romania, in which Dunca family owns a majority stake, has budgeted 5% higher turnover for this year. The company ended 2020 with RON16...
Penny Wants to Step Up Store Opening Pace from 2022
Penny continued to open new stores during the pandemic, 20-25 units per annum, but wants to step up and even double up the pace toward 40 units starting 2022.
Safety Broker Readies Acquisition Plan
Safety Broker, leader of Romania’s insurance brokerage market, is readying a strategy envisaging the acquisition of some brokers on the market after getting the greenlight from the Competiti...