Romania's Competition Council is analyzing the transaction through which Autoklass Center SRL intends to acquire from Tess SRL the distribution, service and agency activities for the brands Volkswagen Autoturisme, Volkswagen Commercial Vehicles and DasWelt Auto.
Private lending in Romania went up 7.7% to RON407.8 billion in August 2024 compared with August 2023, central bank data showed on Tuesday (Sept 23, 2024).
Alternative investment fund Lion Capital, listed at the Bucharest Stock Exchange and with a RON1.4 billion capitalization and RON4.7 billion net assets, has announced the resignation of Radu-Razvan Straut from all the positions he held: member of the board of directors, Vice-Chairman and Deputy CEO.
Electricity supplier Restart Energy has completed the implementation of an around EUR900,000 photovoltaic project for Tehno Proenergy company of Sibiu.
Groupe Atlantic’s plant of Aricestii Rahtivani, Prahova county, currently has 29 employees and after production starts around 250 jobs will be created.