Agroland Business System has received approval from Romania's Commission for the Examination of Foreign Direct Investments (CEFDI) for a €20 million greenfield investment in egg production. The new facility will be located in Mihăilești, Giurgiu County.
Agroland Business System has completed the acquisition of Avirom, a Romanian company specialising in day-old chick and duckling production.
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.
eMAG Group announces investments of €300 million for the next fiscal year and accelerates online commerce development through AI.
Romanian mobility solutions provider Autonom Services has signed an agreement with a syndicate of underwriters for a potential corporate bond offering in the Q2 2026.
MedLife Group has implemented an advanced integrated robotic neurosurgery system at MedLife Polisano Hospital in Sibiu, following an investment of over €2 million.
IT Genetics, a Romanian provider of integrated professional IT solutions, began trading today on the AeRO market of the BVB under the ticker symbol ITG.
TotalSoft, a global provider of software solutions for business operations management, is expanding its presence in the Republic of Moldova through a partnership with local company NetSafe.