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Austria’s Rondocarton Invested EUR4M in its Romanian plants in 2021
Rondocarton, part of Austria’s grup Rondo Ganahl, a major producer of corrugated cardboard in Romania, in 2021 invested around EUR4 million in the plants in owns in Cluj, Sibiu and Targovist...
Farmaciile Myosotis Expands Network to 150 Units
Galati-based Farmaciile Myosotis, a major player in pharma retail, ranking seventh by turnover, but also by the number of units, in 2021 took over 21 units of a regional network, Hepites, pr...
Pasta Maker Novita Impex Set to Invest EUR500,000 in Solar Panels and New Production Unit in 2022
Satu Mare-based Novita Impex, controlled by Ardelean family, producing pasta under Szatmari and Excellent brands, is poised to invest half a million euros next year to retool its plant and r...
Tissue Paper Producer Don Pedro Ends 2020 with RON133M Turnover, Up 17% YOY
Ramnicu Valcea-based Don Pedro, a major producer of tissue paper, in 2020 generated RON133 million turnover, up 17%, placing it among the most dynamic companies in industry.
Cramele Recas Expects 15-20% Turnover Growth in 2021
Wine maker Cramele Recas, one of the biggest players on Romania’s market, expects 15-20% higher revenues in 2021, but the estimate highly depending on the direction of the last weeks of the...
Wood Processing Firm Kastamonu Nears 1,000- Employee Milestone
Kastamonu Romania (former Prolemn), controlled by Turkey’s Kastamony Entegre, at end-October reached 925 employees and plans to hire another 16 people by yearend, thus nearing the 1,000-empl...
Reynaers Set to Open Two Showrooms, in Brasov and Constanta, in 2022
Daniel Popa, country manager of Reynaers, a producer of aluminum systems for the constructions industry, said the company would open two new showrooms in Brasov and Constanta in 2022 after h...
SanoVita Expects RON85M Turnover in 2021
Valcea-based healthy food producer SanoVita, founded in 1995 by three entrepreneurs, ended the first nine months of this year with 12% higher revenues and expects to hit RON85 million turnov...
Packaging Firm Electric Doubles Production Capacity
Cosmin Buzaianu, a stakeholder in Focsani-based packaging maker Electric, says the company has invested EUR2.5 million to double production capacity for all packaging types.