Following a nearly $15 million investment to meet high domestic and international demand for corn and sunflower seeds from farmers, US-held Corteva Agriscience’s processing facility in Afumati, Ilfov County, became one of the group’s most important. Seeds produced in this place go to Bulgaria and Austria and even as far as the South Korea.
Romania's Competition Council has approved the transaction whereby Aquila Part Prod Com, an entrepreneurial company providing distribution and logistics services for consumer goods in Romania, intends to take over Parmafood Group Distribution SRL and Parmafood Trading SRL.
Five-star Grand Hotel Italia in Cluj, part of the Italian Select Hotels Group chain, is aiming for RON40 million revenue in 2024, up from RON35 million in 2023, following the opening its spa.
Real estate developer Impact Developer & Contractor (IMP.RO) , held by businessman Gheorghe Iaciu, announced in a stock market report on May 13 that it appointed Campeanu Richard Dan-Sebastian as Interim General Manager of the company, starting with June 1, 2024.