Retele Electrice Romania, part of PPC group in Romania, has launched a public tender with a maximum value of almost RON32 million (VAT not included) for the acquisition of high-voltage electrical cables and accessories, needed for grid modernization projects.
German group Schwarz, which owns Kaufland and Lidl, is closing in on taking over La Cocos, the store chain founded by Iulian Nica, in line with ZF sources familiar with the deal.