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French real estate group Catinvest is expanding its footprint in Oltenia with the opening of Aparthotel Craiova, a EUR12 million investment in ElectroPutere Parc, owned and managed by the company.
Romanian startup Parol, which is developing an end-to-end technology that helps doctors and medical clinics provide better care to patients, saving time by taking over some of the administrative tasks, has raised an overall EUR1.2 million funding.
OVES Enterprise, a software producer of Cluj-Napoca, expects 2024 consolidated turnover of around EUR20 million, almost double against 2023.
Footwear retailer Benvenuti, majority controlled by local entrepreneur Dan Pavel, expects to end the current year with turnover of around RON200 million (approximately EUR40 million), up from 2023, when it generated turnover of almost RON178.5 million (over EUR36 million).
PartnerVet, a business founded by Ioan Masca, but which has also attracted major investors such as Ferenc Korponay and Sacha Dragic in its shareholding structure, plans to reach 40 veterinary clinics in the next four years.
CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has announced that Leroy Merlin Romania, one of the leading players in the local do-it-yourself (DIY) market, has leased 8,800 square meters within CTPark Bucharest West.
Bacau-based Agricultorul, a grain and fertilizer trader, ended 2023 with a turnover of RON635.3 million (EUR128.4 million), up 19.1% from RON533.4 million (EUR108.1 million) reported in 2022, Ziarul Financiar (ZF) daily has calculated based on finance ministry data.
Starting from December 11, 2024, DIGI is expanding its commercial operations in Europe and launching fiber-optic broadband internet, as well as mobile voice and data services in Belgium, according to a press statement.
Patria Credit IFN SA, a non-bank financial institution part of Patria Bank Group, has announced on Dec. 11 that it has signed an agreement with the European Investment Fund (EIF), via the InvestEU program, for loan guarantees of RON290 million.
Net investment in Romania's economy increased by 2.6% on the year in the first nine months of 2024, to RON130.953 billion, the country's statistics office INS has announced on Wednesday (Dec. 11), citing provisional data.
Romania's Competition Council is looking into the transactions through which Vodafone Romania S.A. intends to take over Telekom Romania Mobile Communications S.A., and Digi Romania S.A. will acquire certain assets of the same company.
A total of 42,312 housing units were put into use in Romania in January-November 2024, fewer by 7,681 units than in the same period of 2023, data from the country’s statistics board INS showed on Wednesday (Dec. 11).
Romania's annual inflation climbed to 5.1% in November 2024, compared with 4.7% in October 2024, data from the country's statistics board INS showed on Wednesday (Dec. 11).
Apparel producer Braiconf, with a 70-year history, is relaunching its online store in parallel with the expansion of its portfolio, dedicated until now to men, with products for women and the entire family.
Drug producer Zentiva plans new production investments in Romania and wants to bring new products to manufacture in Bucharest, explained Simona Cocos, general manager of Zentiva Romania and the Republic of Moldova.
The Bucharest Stock Exchange (BVB), the operator of the local capital market, is exploring options to create a Stock Exchange in Chisinau, together with the Moldovan state and other partners in the Republic of Moldova.
Romanian entrepreneurial group Agroland Business System, which owns the largest network of farm supply store chain in Romania, is investing in ten new stores and aims to reach 250 units by end-2025.
Garanti BBVA Leasing, part of Garanti BBVA Romania, is strengthening its commitment to support SMEs in Romania by taking out a EUR20 million loan from the Black Sea Trade and Development Bank (BSTDB).
Sporting goods retailer Intersport, one of the most powerful actors in this market by turnover and number of stores, has appointed Romanian executive Nicolae Mogos to the position of general manager of its local operations.
Havi Logistics, one of the largest transportation and logistics companies in Romania and one of the world's largest operators in the world for quick service restaurant and convenience food brands, returned to profit in 2023, with a net gain of RON2.8 million (EUR570.500), compared with a loss of RON9.9 million (EUR2 million) reported in 2022, as per publicly available data.19990 items