Romania's Competition Council is analyzing the transaction through which Baxi S.p.A intends to take over G.I. Industrial Holding S.P.A. and its subsidiaries G.I. Middle Eastfze – DMCC, G.I. Industrial Asia Holding, SDN. BHD AND Gimek ZRT.
Romania's Competition Council is assessing the transaction through which OMV Petrom S.A. intends to take over the companies Intertrans Karla SRL, Bridgeconstruct SRL and ATS Energy SA.
A total of 72% of investors consider the availability of non-repayable grants to be a decisive factor in choosing a country to invest in, according to the EY Attractiveness Survey Romania 2024.
Romania's foreign exchange reserves decreased by EUR392 million over the course of August 2024, down to EUR63.1 billion at the end of the month, compared with EUR63.5 billion at the end of July 2024, central bank data showed on Monday (September 2, 2024).
Genesis Property, one of the leading office building owners in Romania, has secured the BREEAM Outstanding Certification for the F building of the YUNITY Park business campus located in northern Bucharest.
Romania factoring market reached EUR4.33 billion in the first half of this year, up 8% from the same period of last year.
Deloitte Romania's management team expands as of September 1, 2024, following the promotion to directors of employees Ioana Lucaciu, Mihai Ionica and Andrei Stan, from the Audit and Assurance department, Alexandru Stancu, from the Tax department, and Radu Hutan, from the Enabling Services department.
Resource Partners, a major regional manager of private equity funds, has taken over an 80% stake in Vola.ro, leader of Romania’s online tourism market, also present in Poland, Bulgaria and Moldova.
Winemaker Purcari has announced Alex Filip, the company’s deputy CEO, will take over as Group CEO starting January 1, 2025.
Local accommodation units, mainly made up of hotels and pensions, registered total revenues worth RON10.8 billion in 2023, a record high for the owners on the market, in line with Trade Registry data.
Farmacia Bajan, one of the most powerful local pharmacy networks, added eight new pharmacies in the first half of 2024, reaching a 40-unit network in several counties- Valcea, Arges or Bucharest.