Electrica (stock symbol: EL) has informed the capital market on August 24 that it has signed the contract for the development in Craiova, southwestern Romania, of a new high-efficiency cogeneration plant based on natural gas internal combustion engines.
Dedeman, the leader of the local DIY retail market, held by brothers Dragos and Adrian Paval, is taking a new step forward with the project for its third store in the Timisoara area, an investment that took shape four years ago, following the acquisition of a 14.5-hectare plot of land from Tiriac Imobiliare.
UniCredit is consolidating its footprint in the northeastern city of Iasi by relocating the operations of UniCredit S.p.A. Milano Bucharest Branch and UniCredit Bank Romania to a new office space in the United Business Center (UBC) 5 building within the Palas Iasi mixed-use compound.