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EVO Properties announces the first project on the Bucharest real estate market, which aims to turn the London and Oslo office buildings within the Sema Parc project into a multifunctional hub, following an investment of EUR10 million.
Entrepreneurial company Grup Serban Holding, active in several fields of agriculture, has informed the capital market on Oct 2 about the approval of funding for two projects through the Agency for Financing Rural Investments (AFIR)
Romania's industrial production prices for the total (domestic market and non-domestic market) rose 2.7% in August 2024 compared to August 2023, data from Romania’s National Statistics Institute INS showed on Wednesday (Oct 2, 2024).
Romania’s unemployment rate stood at 5.5% in August 2024, higher by 0.1 percentage point compared to July 2024, data from the country’s statistics institute INS show on Wednesday (Oct 2, 2024).
Romanian drug manufacturer Antibiotice Iasi has a RON850 million investment plan until 2030, covered through a funding mix, made up of cohesion funds, state aid, PNRR funds and EIB loan, stated Sebastian Costea, executive manager for sustainability and strategic investments at the company.
Bucharest office space occupancy costs have increased by around 10% in the past two years amid the rising building operational costs and the indexing of rents against inflation, in line with data provided by real estate consultancy Cushman & Wakefield Echinox.
OMV Petrom, the largest integrated energy producer in Southeastern Europe, operator of the Neptun Deep project, has announced the start of the construction works for the steel jacket, platform support structure.
Autonomy Services, an entrepreneurial company controlled by Stefan brothers, is readying to raise funding on the Bucharest Stock Exchange through a 7-year EUR30 million bond issue via a private placement.
Entrepreneurial company Grup Serban Holding will operate EUR62.5 million investments in the next four years, in a French fries processing unit in Bacau county and the expansion of cold storage capacity for vegetables.
Mineral water producer Apemin ZIZIN, owned by Lazar family of Brasov, ended 2023 with turnover worth RON105.5 million (EUR21.3 million), up 8.8% from 2022, in line with ZF calculations based on Finance Ministry data.
Metallic tile roofing producer Blachotrapez, owned by the Polish group of the same name, in 2023 registered turnover worth RON111.3 million (EUR22.5 million), down 17.3 million from 2022, in line with ZF calculations based on Finance Ministry data.
Entrepreneurial group Agroland is set to announce the takeover of a new farm in the coming weeks, via which it will enter bio egg production and is currently working to develop a national network of small bio farms together with the franchisees of the store network, explained Horia Cardos, Agroland CEO and founder.
Frédéric Lamy, the French executive who had run the Leroy Merlin business in Romania for nine years, until June 2023, was appointed country director for Romania within furniture and home decor retailer XXXLutz.
Unirea Shopping Center, a company that manages two shopping centers in the cities of Brasov and Bucharest, reported net profit of RON737,386 for the first half of 2024, compared with loss of RON3.6 million in the year-earlier period, as per its half-yearly financial report published at the Bucharest Stock Exchange.
Fashion brand Zara, held by Spanish group Inditex of billionaire Amancio Ortega, has closed its store within the Bucuresti Mall shopping center.
Greek toy and interior decoration retailer Jumbo will be opening its first store in the city of Cluj, within the future Rivus shopping center developed by Iulius and Atterbury Europe.
Romania's Competition Council fined the peripheral equipment manufacturer OKI Europe Limited a total RON3.35 million for limiting exports and fixing resale prices, as well as monitoring them, between October 2015 and March 2020.
RetuRO, the administrator of the Deposit Return System (DRS) in Romania, the largest circular economy project in Romania, is opening its 7th regional center for DRS packaging collection, located in the commune of Aricestii Rahtivani (Prahova County).
Alexandru Dincovici, with a vast experience in research both in the private and in the academic sectors, took over the position of general manager of the Romanian Business Leaders (RBL) Foundation, starting October 1, 2024.
Romania's foreign exchange reserves increased by EUR2.5 billion over the course of September 2024, up to EUR65.77 billion at the end of the month, compared with EUR63.18 billion at the end of August 2024, central bank data showed on Tuesday (Oct 1, 2024).19522 items