Business Forum
| 14 May, 2024 at 2:33 PM
ELBI Group announces turnover of almost RON 555 million in 2023
The results are up 19% compared to 2022, when the group ended the year with a turnover of over RON 467 million.
The results are up 19% compared to 2022, when the group ended the year with a turnover of over RON 467 million.
At least 75% of world trade is conducted through indirect sales channels (partner networks) and 80% of executives consider them important for business.
Bulgaria, Romania and Serbia still have a long way to go in the deployment of charging stations required for the desired uptake of electric vehicles.
New auto registrations saw a significant recovery in 2023 as Covid-induced supply-chain disruptions eased and pent-up demand released.
This is a response to the unfavorable and unpredictable developments in the business environment.
Prysmian Romania has commenced construction of a new production line at the Slatina energy plant, following a €23 million investment.
The industrial and logistics hubs developed by Transilvania Construcții serve top industries such as building materials, automobiles, food, IT, medical, and pharmaceutical.
Romanian customers demonstrate an exceptional level of awareness regarding home security.
The new production unit will be located near Bucharest and will be inaugurated this autumn.
Storm Shadow AI is an artificial intelligence solution, the result of over 8 months of intensive research and technological development.
Simtel Team targets in 2024 at the consolidated level, operating revenues of RON 394 million, EBITDA of RON 49 million and a net profit of RON 35 million.
The modernization of the North Power Station involved the complete consolidation of the building and the replacement of electro energetic equipment.
In Europe, out of four glasses of clean water extracted and produced, one is lost on the way to the final customer and never reaches the tap.
SIPEX,one of the largest distributors of construction and finishes materials from Romania, announces the preliminary financial results for the year 2023.
Over 80% of the market value is represented by the residential segment. Last year, the European market has reached €1.1 billion last year.
This collaboration combines Deloitte's SAP implementation skillset and AI teams of experts with UiPath's AI and automation technology
Aktor, a member of the Intrakat Group, organized on Tuesday, a ceremony to mark the official start of drilling at the first tunnel on the Apața-Cața section.
Chimcomplex, the leading producer and supplier of vital chemicals in the region, generated total revenues for 2023 of RON 1.367 billion.
ROCA Industry, the first industrial holding in Romania, specialized in construction materials, owned by ROCA Investments, recorded a cumulative turnover of 553.8 million RON.
Lemet, one of the largest furniture manufacturers at the national level and one of the largest retailers through the LEMS brand, recorded sales of RON 329.9 million in 2023.
Price is the main criterion for choosing the brand of the next car to be purchased by consumers in developed markets.
Packeta Romania recorded a doubling in the volume of parcels processed from the cross-border segment last year.
The freight transport market in Romania will continue its growth trend in 2024, but more moderate than before, against the background of the uncertain economic context and geopolitical tensions, reports DSV Road.
Romania faces an economic maturity test, with the key question being whether it can transform current vulnerabilities into reforms and progress.
TotalEnergies Marketing Romania has announced the appointment of Franck Bagouet as Managing Director of TotalEnergies Marketing Romania and Managing Director Automotive Southeast Europe Hub TotalEnergies Marketing.
Vlasceanu & Partners has advised Econergy on a €40.5 million project financing from UniCredit Bank for the development of an 87 MW photovoltaic project in Oradea, Romania.
Romanian farmers will gain access to additional financing through a €25 million loan from the European Investment Bank (EIB) to Agricover Credit IFN. The non-bank financial institution will channel the funds to micro agricultural businesses seeking to improve productivity and environmental sustainability.
Oil major OMV Petrom has started preparations for exploration drilling in Bulgaria's Han Asparuh offshore block, which is operated together with NewMed Energy.