North Bucharest Investments, NBI, has sealed a partnership with real estate developer Primes for the sale of Primes Rahmaninov Collection housing project of northern Bucharest, a total EUR20 million investment due to be completed in the second half of next year.
A new private equity fund, Trinity Investments Management, is making inroads into the CEE financial investor market, exclusively targeting food industry companies in the region. The main markets it eyes are Romania and Poland.
Roofing maker Bilka continues its international expansion strategy, planning to invest over EUR10 million.
Romania car production declined by 14% in the first two months of 2025 against the year-earlier period, to a total of 85,260 units, in line with data provided by the country’s carmakers association ACAROM.