Logistics Space Developer WDP Takes EUR250M Loan From EIB For Rooftop Solar Panels And EV Charging Stations
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12h ago
Belgian-held logistics space developer Warehouses De Pauw (WDP), also present in Romania, is taking a EUR250 million loan from the European Investment Bank (EIB) to install solar panels on roofs and increase the number of electric vehicle charging stations for tenants ..read more
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Winemaker Cramele Recas Buys Into Tenuta Odobesti
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13h ago
Winemaker Cramele Recas intends to buy into Tenuta Odobesti, joining Italian businessman Mosconi Fabrizio, who had owned the entire company until now ..read more
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Flag Carrier Tarom Plans To Return To Profit In 2024
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17h ago
Flag carrier Tarom set out to attain RON278 million profit in 2024 compared with a RON99 million loss in 2023, its spending and revenue budget published by the Finance Ministry shows ..read more
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Romania Car Output Up 8.6% in H1/2024 To 292,378 Units
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21h ago
Romania car production rose by 8.6% in the first six months of 2024 against the year-earlier period, to a total of 292,378 units, of which 169,990 cars were churned out by Automobile Dacia and 122,380 by Ford Otosan, in line with data provided by the country’s carmakers association ACAROM ..read more
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Autoliv Romania Set to Invest EUR3M To Install Photovoltaic Systems at Brasov, Lugoj, Rovinari and Sfantu Gheorghe Headquarters
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21h ago
Automotive systems manufacturer Autoliv Romania will invest EUR3 million in a 5.7 MW photovoltaic project implemented by Allview Solar Energy, the green energy solutions arm of Visual Fan, in association with Waldevar Energy ..read more
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DIY Retailer Leroy Merlin Aims to Open New Stores in Pitesti, Bucharest and Bistrita
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21h ago
Leroy Merlin, the second largest DIY retailer locally by turnover, is readying to open a new store in Bistrita next year, also having works underway for other openings both in Bucharest and other cities ..read more
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Furniture Maker Iris Service Ciuc Posts 4.3% Lower Turnover in 2022, To RON168.1M
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21h ago
Furniture maker Iris Service Ciuc, controlled by entrepreneur Negru Petru, in 2023 registered turnover worth RON168.1 million (EUR34 million), down 4.3% from the previous year ..read more
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Linde Gaz Romania Sees 2023 Profit Rise by around 52% To RON366.3M
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21h ago
Linde Gaz Romania, the local subsidiary of German-US industrial group Linde Plc, in 2023 reached turnover worth RON1.087 billion (EUR219.8 million), down around 5% from 2022, in line with ZF calculations based on Finance Ministry data ..read more
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MMM Autoparts Returns to Profit in 2023
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21h ago
MMM Autoparts, a producer of hoses for the automotive industry and the local subsidiary of Spain’s MMM Group, for 2023 reported turnover of RON263.5 million (EUR47.8 million), 22.6% higher than in 2022, in line with ZF calculations based on Finance Ministry data ..read more
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Preh Romania Narrows Down Losses in 2023 To almost RON21.3M
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21h ago
Car parts producer Preh Romania, a supplier to Porsche, Mercedes or Tesla, in 2023 registered turnover worth RON1.388 billion (EUR280.7 million), slightly up, by 0.65% from 2022, in line with ZF calculations based on Finance Ministry data ..read more
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