Italy | Romania Feed

Greek group Public Power Corporation (PPC), which in 2023 took over Enel Romania assets, has signed a strategic cooperation agreement with Mytilineos Energy & Metals to develop and build a portfolio of almost 90 photovoltaic projects of up to 2,000 MW in Romania, Italy, Bulgaria and Croatia.

Termoexpress, a carpentry producer of Cluj county, sends around 80% of production abroad and plans to open logistic centers in the areas where most orders come from, namely France and Italy.

Healthcare network Auxologico of Italy, which entered the Romanian market directly via a takeover, plans to strengthen its foothold in Romania, but also possibly expand via an acquisition or a greenfield investment, depending on market opportunities.

Italy’s Intesa Group, which owns a bank in Romania, is in talks to buy First Bank, competing with Vista Bank over it, banking sources say.

Italy’s group Enel has announced it signed a contract with Greek-owned Public Power Corporation (PPC) for the sale of Romania assets, with the value of the deal standing at EUR1.26 billion.

Industries Yield, part of Italy’s Moncler, currently has 327 jobs available for the plants it owns in Bacau county.

Italy’s Enel, the biggest private investor in electricity distribution, will withdraw from Romania starting next year, reads an official statement of the group.

Low-cost carrier Wizz Air has announced the launch of two new routes from Romania to Italy.

The list of projects getting the technical approval to connect to the network is expanding by the month, with the newest wind parks set to start operating including the 75 MW one of Botosani, having Italy’s Alerion behind it.

IMMOFINANZ is consistently expanding its leading role as Europe’s largest retail park operator as part of its growth strategy. The number of STOP SHOPs will be increased by roughly 40% to 140 locations by 2024 based on selective acquisitions and new openings. In doing so, the company will also focus on Italy, where ten new […]

Italy’s Beltrame Group, a producer of steel bars and special steels, which also owns Donalam Calarasi steel mill, said it would invest over EUR250 million for the modernization of the special steel producer COS Targoviste (COS.RO), the Romanian government announced on Wednesday (March 16).

Italy’s fashion group Moncler, active on the luxury segment, will develop a new plant in Romania, where it will hire 300 people. The company will also build a kindergarten for employees’ kids. Total investments will revolve around EUR10 million.

Czech-based online grocery Rohlik Group will launch operations in Italy, Romania and Spain in 2022 under a new Sezamo brand, the company said on Thursday.

Italy’s group Erilon, a provider of state-of-the-art farm solutions, wants to enter the Romanian market, as well as neighboring countries, such as Hungary, Serbia or Poland.

Italy’s Alerion group has struck a deal with Monsson Alma, the largest local green project developer to have several wind farms built over the next two years.

Olimpias Mfg. Romania (formerly Benrom) of Italy’s fashion group Benetton has only six employees left and RON1.5 million revenue.

Low-cost airline Wizz Air on Tuesday said it would launch two new routes from Cluj-Napoca to Chania in Greece and Catania in Italy.

Low-cost airline Blue Air will be introducing 20 new routes from Bucharest, 15 new routes from Cluj, two new routes from Bacau and three new routes from its base in Turin (Italy) in its 2021 summer schedule (March 28- October 30, 2021), offering a 35% discount for all flights to the new routes.