Romania's economy grew by 1.4% in real terms (in unadjusted data) and by 2.2% in seasonally adjusted data, year-over-year in the first nine months of 2023, provisional (1) estimates from the country's statistics board INS showed on Thursday (December 7).
Raiffeisen Bank Romania and Raiffeisen Bank International granted a EUR60 million loan for the development of the largest photovoltaic park of Romania and Southeastern Europe, which became operational in 2023 in Ratesti, Arges county, equally held by Israel’s Econergy and Nofar Energy.
M Core group, made up of London & Cambridge Properties, Evolve Estates, Sheet Anchor and Proudreed, which owns 1,233 properties worth almost £5 billion, has acquired the 25 retail parks managed by Mitiska REIM in Romania, in a deal worth almost EUR219 million.
Car parts manufacturer Aptiv Technology Services & Solutions currently has 50 jobs available at the plant of Ineu, Arad county.
Vitamix, a local retail of natural products and cosmetics, has added 13 units to its network this year, reaching a total of 62 own units.
Dairy manufacturer Artesana based in Tecuci, Galati county, aims for 50% annual turnover growth in the following years, after having completed the over EUR6 million investment in its second plant in 2023, explained Daniel Donici, co-founder of the company.
GreenWeee, a home appliance recycling company, part of the Green Group, has completed its third WEEE (i.e. waste electrical and electronic equipment) recycling plant following an investment of RON75 million.
TMF Group, one of the leaders of the administrative services market, announces the acquisition of Contexpert, a company specialized in accounting, inventory, tax and payroll services in Romania.
CIS Gaz, a Romanian company operating in the natural gas industry and held by Sebastian Calugar, has acquired a majority stake in Next Energy Distribution, a distributor of fuel and chemical products owned by the Toma family.
Barleta, a company based in Bacau that manufacturers all sorts of paper bags for major supermarket chains, fast-food restaurant chains and bakery businesses, will end the year with lower revenue than the EUR25 million it posted last year, even though it had expected growth at first.