Cristina Lupascu Appointed Head of Marketing At Cushman & Wakefield Echinox
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38m ago
Real estate consulting company Cushman & Wakefield Echinox has appointed Cristina Lupascu, a specialist with more than 20 years of experience in media and real estate, to the position of Head of Marketing ..read more
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Romania's Current Account Deficit Widens 26% YoY To EUR6.5B In January-April 2024
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2h ago
Romania's current account deficit stood at EUR6.5 billion in January-March 2024, higher by nearly EUR1.5 billion (+26%) compared to the level reported in the same period of 2023, central bank data showed on Thursday (June 13, 2024 ..read more
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Tenaris Romania Investments Top $500M
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6h ago
Tenaris, a global manufacturer that owns among other a pipe plant in Zalau, a steel mill in Calarasi and the sucker rods plant of Campina, has in the past 20 years of presence in Romania carried out investments worth above $500 million, with 97% of output being exported ..read more
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Alexandrion Group Wants to Enter Top-5 Largest Winemakers in 2024
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7h ago
Alexandrion group, the largest local spirits producer and one of the biggest players on the wine market, has carried out a new rebranding for the winemaker of Gura Vadului, which is now named Domeniile Alexandrion Rhein 1892. Previously, the winemaker was called The Iconic Estate ..read more
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Metaminds Invests EUR3M in Digital Identity, Large Data Volume Management and Security
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7h ago
Metaminds, a Romanian integrator of IT&C solutions and cybersecurity solutions provider, will invest EUR3 million in coming years to create and expand departments dedicated to creating, developing and operationalizing new tech solutions, but also to strengthen expertise for teams specializing in areas such as computing, storage, virtualization, communications and security architecture, according to the company’s representatives ..read more
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Paint Producer Evolor Bets on R&D Investments
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7h ago
Paint and varnish producer Evolor, part of ROCA Industry holding, is set to invest in R&D in the coming period as the market it operates on is refining ..read more
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Michelin Romania Switches To Loss in 2023 amid RON5.365M Turnover
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7h ago
Michelin Romania, part of French group Michelin, one of the world’s largest tire manufacturers, for 2023 reported turnover worth RON5.365 billion (EUR1.084 billion), up 3.6% from the previous year ..read more
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Unicarm Set to Invest EUR8-10M in 2024 To Expand Store Network
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7h ago
Businessman Vasile Lucut, one of the most powerful local entrepreneurs, who controls Unicarm group, with activities in retail and production, will invest EUR8-10 million in 2024 to develop the company’s own store network ..read more
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Plimob's 2023 Turnover Down 8.2% YoY To RON203.9M
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17h ago
Sighetu Marmatiei-based company Plimob ended 2023 with a turnover of RON203.9 million (EUR41.2 million), down 8.2% from RON222.2 million (EUR45 million) reported in 2022, in line with calculations by Ziarul Financiar (ZF) daily based on finance ministry data ..read more
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Zabka Plans To Develop Fast In Romania
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18h ago
Poland’s Zabka Group, which has more than 10,000 stores on its home market, has recently opened its first stores in Romania and plans to expand fast. It has five stores already open in the country at the moment, with six being prepared ..read more
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