Real estate developer Park Properties will in 2025 launch the construction of the third block of Sun Lake Residence project located on the banks of Bucharest Fundeni lake and will reach a total of over 300 apartments in this project, explained Alexandru Manaila, managing partner at Park Properties.
Vitall, a company based in Dolj County and engrossed in natural fodder manufacturing and poultry farming, reported a turnover of RON578.5 million (nearly EUR117 million) for 2023, up 6% from roughly RON546 million (EUR110.7 million) reported in 2022, Ziarul Financiar (ZF) daily has calculated from finance ministry data.
The company Socub, based in Galati County and held by Costel Buca, has started the project for a second furniture plant, which entails an investment of almost RON53 million, with funds from the Just Transition Program.
Sanitary ware manufacturer Cersanit Romania, held by Poland’s Rovese group, for 2023 reported a turnover of RON160.6 million (nearly EUR32.5 million), down 21.9% from RON205.8 million (EUR41.7 million) reported in 2022, Ziarul Financiar (ZF) daily has calculated based on finance ministry data.
Nuclear power producer Nuclearelectrica (stock symbol: SNN) has informed the capital market via a report on Nov 26 about the conclusion of three electricity wholesale contracts with supplier Energy Distribution Services.