Real estate developer STC Partners has obtained EUR10 million financing from lender Banca Transilvania for the development of Phase II of the residential compound Quartier Azuga, located near the Tei area in capital city Bucharest.
Electronic device maker Visual Fan (ALW.RO), owner of Allview brand, is calling shareholders for July 26 to approve the distribution of dividends from the company's 2023 undistributed profit, as per a stock market report.
Digi Romania (RCS&RDS) Group plans to buy the prepaid user base from Telekom Romania, along with the „radio spectrum (the licenses bought from communications market regulator ANCOM to use the radio spectrum i.e.), the entire radio network with the towers and equipment”, while the rest of the assets – i.e. the post-paid retail users, the B2B customers and parts of the radio spectrum and infrastructure should go to Adrian Tomsa / Clever Media, the Competition Council said based on the information supplied by the buyers.
Tech-Con Industry Romania, a member of the Tech-Con Group, a leading player in the automation market, has relocated its offices and warehouse to VLPark Bucharest West, where it leased a space of approximately 2,500 square meters.