Sofidel Romania, the producer of hygienic sanitary paper brands such as Onda, Volare and Regina, ended 2023 with a turnover of RON339.7 million (EUR68.7 million), down 2.8% from RON349.7 million (EUR70.9 million) in 2022, as per calculations by Ziarul Financiar (ZF) daily based on finance ministry data.
Prime Batteries, founded by entrepreneur Adrian Polec and included in the portfolio of European conglomerate InnoEnergy, and Monsson Group put into operation the largest capacity of electric energy storage in batteries in Romania.
Romania is one of the European Union Member States with the lowest house price increases, of 25%, between 2010 and 2023, half the European average, but rents surged 45% to 50% during the same period, data from Eurostat, the statistical office of the European Union, showed on Thursday (April 8).
BRD Groupe Societe Generale and IFC, a member of the World Bank Group, have closed a landmark synthetic significant risk transfer (SRT) transaction that will free up capital for BRD to boost the financing of impactful sustainability-related projects in Romania.
Porsche Romania has appointed Andreas Burgholzer as General Manager, joining Brent Valmar at the helm of the company starting March 2024.