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Tag Archives: expansion plans

Draxlmaier to lay off 800 people from its plant in Pitesti

German premium car parts manufacturer Draxlmaier will fire 800 people from its oldest factory owned in Romania at Pitesti, but instead it will invest EUR 150 million in expanding two production units, a press release informs. Currently, over 5,500 employees ...

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Profi reaches 400 stores in Romania

Romanian discount retailer Profi, owned by Polish investment fund Enterprise Investors, continues its expansion plans locally, reaching in May to 400 stores, with the opening unit this weekend in Iasi (north-eastern Romania), a press release informs. Profi is the second ...

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Ryanair’s CEO to visit Bucharest

Michael O’Leary, CEO of Ryanair, the largest low-cost carrier in Europe, will come to Bucharest on Tuesday where he will hold a press conference. He returns to Romania after more than 25 years since his last visit and, most likely, ...

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Important software developer seeks 100 IT specialists in Romania

Luxoft Holding, a leading provider of software development services and information technology (IT) solutions, continues its expansion plans, looking for 100 IT specialists in the automotive division, a press release informs. They will join the over 450 IT engineers team ...

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Stefan Vanoverbeke, new CEO IKEA South East Europe, including Romania. Romanian Cornel Oprisan, promoted to group level

As of October 1, Stefan Vanoverbeke is appointed by Swedish IKEA CEO for South East Europe – Romania, Serbia, Slovenia, Croatia. According to a press release, he is replacing Romanian Cornel Oprisan who was Retail Manager for 8 years. “(…) ...

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Great results for Israeli AFI Europe in Romania in Q2 and H1. New expansion plans are on the way starting with 2016

According to the latest financial results, Israeli AFI Europe recorded a Net Operating Income (NOI) of EUR 10 million in Q2 and close to EUR 20 million in H1 2015 on the domestic market, representing respectively 8.3 percent and 8.4 ...

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