Chimcomplex, the biggest entrepreneurial industrial company in Romania, has given up building the resins plant of Onesti, Bacau county, a EUR100 million project supported by EUR46.6 million state aid.
Ciprian Comsulea, investment manager at Urbano Group, which has recently opened shopping center Urbano Shopping&Living of Floresti, Cluj county, says that in mid-2027 the second phase of the project will also be completed and for the next stages is still mulling development options.
German group Schwarz neared the threshold of EUR10 billion (RON50 billion) turnover in Romania in 2025, thus controlling around one quarter of local food retail, in line with ZF calculations.
Paxos says its approval as a blockchain-focused clearing agency represents a “critical piece of financial market infrastructure” as Wall Street becomes more interested in crypto. Blockchain infrastructure platform and stablecoin issuer Paxos said it has become the first “blockchain-native” firm that the US Securities and Exchange Commission has granted registration as a clearing agency. Paxos said on Thursday that its subsidiary, Paxos Securities Settlement Company, has become “the only blockchain-native firm” that the SEC approved to provide clearing and settlement services as a central securities depository in the US. The approval represents a “critical piece of financial market infrastructure” as blockchain technology and traditional capital markets continue to converge, the company added. Read more