Eleco plc, a specialized software supplier listed on the Alternative Investment Market of London Stock Exchange, has acquired Vertical Digital group of companies made up of Vertical Digital SRL and Sons of Coding SRL, software companies headquartered in Oradea and Timisoara.
Popeyes, the US restaurant chain that arrived in Romania in the spring of 2022, in a franchise system, will open a new unit in Pitesti, the first city the company has chosen to bet on locally after Bucharest.
Alternative investment fund Transilvania Investments Alliance announced that during the general ordinary meeting of shareholders of April 22 the distribution of 2023 net profit was approved, with the gross dividend set at RON0.015/share, securing a yield of 4.67%.
ING Hubs Romania, the local software development hub of Dutch financial-banking group ING, aims to reach the mark of 2,000 specialists in its team by yearend, so that it can keep up the business growth pace at over 20% via the expansion of existing projects.
CER Cleaning Equipment, which operates Kärcher production in Romania, entered the club of RON billionaires after doubling its turnover in the past two years.
La Lorraine, a major player on the bakery market, owned by the Belgian group of the same name, currently has 35 jobs available at the unit of Campia Turzii, Cluj county.
Sphera Franchise Group, the company that manages KFC, Taco Bell and Pizza Hut restaurants locally, plans to open new units, but expansion will not longer be as aggressive as in the past years.
Real estate investments reached EUR205.75 million in the first quarter of the year, 33% more than in the corresponding period of 2023. The most dynamic sector was retail, followed by hotel and industrial sectors, an analysis by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate alliance shows.