The sale of feed and concentrates continued to hold the largest share of turnover, generating revenues of RON 100 million, a 15% increase compared to 2023.
Feed production amounted to 4,630 tons in Q3 2024, a 212% increase compared to the third quarter of 2023.
The feed factory in Caransebes was acquired in 2022 and involved a RON 5 million investment.
Operating profit amounted to RON 5 million, a 29% increase over Q1 2023, while net profit was RON 2.2 million, a 62% rise.
Food Angels Hub, Romania's first investment community dedicated to the food sector, has launched with a mission to develop and scale companies operating in food production, hospitality, and food-related technology.
Beyond Space has released a study on the state of flex offices in Romania, introducing a classification system for coworking and flexible spaces.
Romanians are preparing for a holiday season with higher budgets compared to last year. According to a study by Raiffeisen Bank in partnership with Appinio, 65% of respondents expect higher Christmas spending in 2025, while approximately one in four Romanians (26%) estimate similar costs to 2024.
Despite 68% of Romanians claiming familiarity with sustainability, only a quarter consistently use it in daily decisions.
Athens-based architecture firm Bobotis+Bobotis Architects has officially entered the Romanian market, marking a step in its international growth strategy.