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Romanian companies, three times more profitable than multinationals

Private companies with Romanian capital were three times more profitable than multinationals in 2015, with an overall net result of RON 27 billion (EUR 6.07 billion) at a total turnover of RON 551 billion (EUR 124 billion).

Drug producer Zentiva Bucharest’s profit increases by more than half

Local drug producer Zentiva Bucharest (SCD), which is part of French group Sanofi, increased its turnover by 5% to EUR 92.3 million last year.

Airbus Helicopters to make a Romanian center of excellence for production of H215 aircraft

Airbus Helicopters, which inaugurated last year the new helicopter plant from Ghimbav, Brasov, for an EUR 52 million investment will make Romania a center of excellence for the production of H215 aircraft, said Olivier Michalon, senior vice president for Europe region at Airbus Helicopters on Tuesday to the Romanian PM Sorin Grindeanu during a meeting at the Government in Bucharest.

Romanian car parts manufacturer ups profit 90% despite higher personnel costs

Compa Sibiu, a Sibiu-based plant which produces components for motor vehicles and car engines, posted a turnover of RON 655 million (EUR 145.4 million) last year, up 33% over the previous year. The net profit rose by 90% to some EUR 11.4 million.

Brasov factory to deliver 100 trucks in Taiwan

Brasov-based truck producer Roman SA has concluded a EUR 12 million contract to deliver 100 trucks in Taiwan.

CTP: Romania becomes attractive to foreign production companies

Czech logistics facilities developer CTP had last year revenues of EUR 21 millions from rents on the local market, namely 10 pct. of the total business of the group.

Romanian DYI Dedeman chain buys 29% stake in local bricks manufacturer

Dedeman, the biggest do-it-yourself (DIY) retailer in Romania, bought a 29% stake in local brick manufacturer Cemacon for RON 10.2 million (EUR 2.26 million). The investment is part of Dedeman owners’ strategy to diversify their business portfolio.

FM Logistic innovates in the field of solutions for the e-commerce

In order to optimize the preparation of the online orders from the storage spaces, FM Logistic together with its partner Balea, a specialist in logistics solutions, have developed an innovative solution dedicated to the online commerce: e-Shopeur, FM Logistic has recently announced.

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