Turkey | Romania Feed

Automotive seating systems producer Martur Automotive Seating and Interiors, controlled by Turkey’s Martur, which built a plant from scratch in Oarja, Arges county, reached RON1 billion turnover last year, up 12%.

Agir Global, a steel producer of Turkey, has entirely acquired Steel Service Center Sidma Romania SRL, a subsidiary of Greek Sidma Group.

Turkey’s Karsan Otomotiv Sanayi Ve Ticaret A.S. has gained a contract worth RON64.2 million (around EUR13 million) with Satu Mare city hall for the delivery of 17 electric buses and the associated charging stations.

Kastamonu Romania (formerly Prolemn), controlled by Turkey’s Kastamonu Entegre, ended the first nine months of 2023 with turnover worth above EUR100 million, slightly down from the year-earlier period.

Turkey’s menswear brand AC&co is set to open a new logistic center in Bucharest, with a 1,000-sqm area, and is seeking to hire 90 persons, with 18 of them due to work in the 19 stores of Romania.

Wizz Air on Thursday announced the launch of its first flights from Romania to Turkey, which will connect Romanian cities of Bucharest, Iasi and Cluj-Napoca to Istanbul and Antalya.

Italy’s Monza has sold the oncology hospital part of Enayati Medical City to Turkey’s Memorial Healthcare, which owns 11 hospitals in Turkey and which thus enters Romania’s market.

The new travel restrictions, namely the inclusion of Greece, France and Spain on the red list and of Turkey on the yellow list, are significantly pushing up demand for the Romanian seaside.

Vodafone announced today an investment of €20 million by the Vodafone Foundation to expand Foundation digital skills and education programmes by funding local initiatives in Albania, Czech Republic, Germany, Greece, Hungary, Ireland, Italy, Luxembourg, Netherlands, Portugal, Romania, Spain, Turkey, and the UK. This investment is expected to reach 16 million learners by 2025.  The programmes, […]

Deloitte assisted the Austrian insurer Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG) in the acquisition of the Dutch group Aegon’s non-life and life insurance, pension and asset management businesses in Hungary, Poland, Romania and Turkey. With a purchase price of EUR 830 million, this is one of Central Europe’s largest deals in the financial […]