Portland Trust, one of Romania’s most dynamic real estate developers, has sold a 50-ha land plot in Moara Vlasiei to FallCreek, a US supplier of blueberry seeding material, which will set up a nursery there.
Romania's foreign exchange reserves stood at EUR65.07 billion at end-May 2024, higher by EUR2.5 billion compared with EUR62.5 billion recorded in April 2024, central bank data showed on Monday (June 3, 2024).
The Romanian manufacturing sector’s performance improved further in May 2024, seeing the highest advance since July 2023, according to the latest BCR PMI® data.
Deloitte Romania is expanding its top management team with four new partners, by promoting Andrei Paraschiv, a former Consulting Director, lawyers Irina Dimitriu and Mihnea Galgotiu-Sararu, who have been for several years Partners at Reff & Associates, the law firm affiliated to the Deloitte Legal network, and by recruiting Bogdana Buhos, who will take on the role of Audit and Assurance Partner.
Glissando Garden Center, operating on the Romanian Home & Garden sector, and specializing in the trade of flowers, plants, and garden items, debuted on June 3, 2024 on the AeRO market of the Bucharest Stock Exchange.
Real estate consultancy Cushman & Wakefield Echinox ended 2023 with EUR12 million revenues, up 15% from 2022, with growth supported both by business lines providing brokerage services, and professional services.
Logistics and semiiindustrial space supplier VGP, is expanding Timisoara logistic park with a new building with a leasable area of 32,768 square meters, thus reaching eight warehouses in the project.