Revenues generated by family business are expected to reach $29 trillion by 2030, which would translate into an 84% increase compared to 2020, according to a Deloitte study.
Romanian coffee shop chain 5 to go, present with over 650 units across Romania, is expanding its services portfolio and entering the market for tourist package distribution through a partnership with tour operator Fibula Air Travel.
Law firm Schoenherr assisted Allianz-Tiriac in the sale by its subsidiary ASIT Services SRL of an office building in Bucharest to Primavera Development, a company held by the Tanasoiu family.
Romania's Competition Council has given green light to the notified acquisition of Romania's Argus S.A. Constanta and its subsidiary, Comcereal S.A. Tulcea, by Bulgaria's Buildcom EOOD.
Romania is one of the best-performing EU countries in 2025 with a wine production volume of 4.1 million hectoliters, 29% more than in 2024 and 3% above the five-year average, as per data collected by the International Organization of Vine and Wine (OIV) and analyzed by Wines of Romania, a local platform promoting Romanian wine.
Aukera Energy, a Brussels-headquartered developer of green power, has contracted a EUR60 million loan from Kommunalkredit Austria AG, to fund the construction of its first battery energy storage system in Romania, according to law firm Clifford Chance Badea, which assisted the company in getting the loan.