Swiss building materials company Sika is expanding its Romania operations after inking a contract to lease 4,500 square meters of logistic and office spaces in ELI Park 4, a project part of the portfolio of ELI Parks, a major developer on Romania’s real estate logistic and industrial market.
Bucharest ranks among the major European cities with the lowest housing prices and the highest affordability ratios, in line with data from real estate consulting firm Cushman & Wakefield Echinox.
EY assisted Delgaz Grid SA and Retele Electrice Banat SA in readying funding applications for investments in electricity grid expansion and modernization.
Building materials wholesaler Sipex Company, in 2023 posted RON313.4 million turnover, 7.4% higher than in 2022.
Local software developer WE AS WEB ended 2023 with EUR25 million turnover. 2.5 times higher than in 2022, and profit of around EUR4 million, double the 2022 level.
Lactate Natura, a dairy producer of Targoviste, is putting up for auction the company’s asset, which includes a land plot, buildings and movables, machinery.
Aerostar Bacau, a company that repairs and retools military aircraft, is convening its shareholders to approve the disbursement of a gross dividend of RON0.21 from 2023 profit, the equivalent of RON32 million.
Agricultorul-Panimon group wants to expand its own flour and bakery brand, Panimon, countrywide, explained Ovidiu Bucataru, CFO of the group.
One United Properties with almost 2,300 apartments, Ionut Negoita with another 1,330 and Exigent with almost 1,300 are the most dynamic developers in 2024, having the highest number of housing units under construction, in line with data collected by SVN Romania.