German group Rewe wants to bring drugstore brand BIPA to Romania, according to ZF sources.
Danish renewables developer European Energy has announced in a press statement that it is planning to develop 1.5 GW of renewable energy capacities in Romania.
More than 77,200 houses and apartments were sold in Romania in the first six months of 2024, an increase of 16%, while the increase in Bucharest was 25%, real estate consultant SVN Romania said in a report based on official statistics.
Germany’s BWM Group bought about EUR2.3 billion worth of parts – steering wheels, tires and loading systems, from direct suppliers in Romania last year, which, together with the rising sales of cars and motorcycles, is a solid base for the group’s ambition to develop an IT and software hub in Romania.
Hungary’s startup Munch, which entered Romania this March with its app that aims to aid curb food waste, has reached 128 partners and 194 locations locally, with its mobile app having more than 10,000 downloads so far.
Scandinavian home furnishings retailer JYSK continues its expansion plans in Romania and is inaugurating a store in the town of Targu-Mures, on July 4, 2024, thus reaching a 143-unit network in Romania.
The overall investment climate in Romania is rated positive by 46% of respondents and companies' plans to expand operations and investment in 2024 reflect confidence in Romania's potential, as per a survey conducted by the American Chamber of Commerce in Romania (AmCham Romania).
International hotel group Hilton Group has concluded a franchise partnership with Romanian company Izvoare Resort for the opening of the first resort in Romania under one of the Hilton brands.
Luxoft Romania, a wholly owned subsidiary of US company DXC Technology and one of the largest software development and IT solutions company in Romania, in 2023 registered rising turnover and headcount.
Italian entrepreneur Heiner Oberrauch, known locally for owing Villa Vinea winery of Mures county, is also a major player in Romania footwear production. Via Italian company Ober Alp S.P.A., he controls Droker SRL company of Sebes, Alba.
Romanian fintech Instant Factoring IFN has signed a EUR1 million subordinated loan agreement with the European Investment Fund to expand lending to small enterprises in Romania.
New car registrations in Romania advanced 14.7% in May 2024 against the same period of 2023, to 15,643 units, data from the Romanian and European associations ACAROM and ACEA showed on June 20.
DRI, the subsidiary of DTEK group owned by Ukrainian billionaire Rinat Akhmetov, has taken another step toward hitting the target of 1,000 MW in green energy projects in Romania by 2028.
Sameday, one of the largest parcel delivery companies in Romania, has budgeted investments of RON150 million to increase its delivery capacity in Romania, Hungary and Bulgaria by expanding the out-of-home network.
Poland’s Zabka Group, which has more than 10,000 stores on its home market, has recently opened its first stores in Romania and plans to expand fast. It has five stores already open in the country at the moment, with six being prepared.
A total 11,360 housing units were put into use in Romania in the first quarter of 2024, fewer by 3,969 units (-25%) than in the same period of 2023, data from the country’s statistics board INS showed on Wednesday (June 12).
Net investments in Romania’s economy totaled RON34.6 billion in the first quarter of 2024, up 6.7% year-over-year, with new construction works accounting for 53.3% and purchases of machinery, including transport vehicles, for 28.2%, data from the country’s statistics board INS showed on Wednesday (June 12).