Textile Manufacturer Pandora Prod Doubles Profit In 2023Focsani-based textile manufacturer Pandora Prod, owned by the Simiz family, posted RON292.2 million (more than EUR59 million) revenue in 2023, up almost 35% from the previous year’s RON216.6 million (about EUR44 million), according to ZF calculations based on Finance Ministry data.
Transilvania Investments Alliance Seeks To Buy Remaining Turism Felix SharesTurism Felix (TUFE.RO), a company that runs five hotels in Baile Felix resort in Bihor County, announced the Financial Supervisory Authority had approved the tender offer launched by Transilvania Investments Alliance (TRANSI.RO), its majority shareholder, which owns 93% in it.
Law Firm RTPR Assisted Oresa And Cristian Amza In La Fantana SaleLaw firm RTPR assisted Swedish investment company Oresa and entrepreneur Cristian Amza in the sale of La Fantana Group, which has subsidiaries in Romania and Serbia to strategic investor Axel Johnson.
UniCredit Completes Alpha Bank Romania AcquisitionUniCredit S.p.A. (“UniCredit”) and Alpha Services and Holdings S.A. (“Alpha”) announce that after securing all the necessary approvals from the relevant authorities and completing the due diligence process, UniCredit has bought from Alpha International Holdings S.M.S.A., a wholly owned (…)
eMAG Expects Over RON800M In 2024 Black Friday SaleseMAG Group, one of the largest retailers in the region, is starting the 2024 Black Friday sales campaign on November 8 and expects to exceed RON800 million in sales, eMAG representatives told a press conference organized by the company.
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