Bulgarian restaurant group Happy is set to open a unit in Romania in the first half of 2024 in AFI Cotroceni mall, thus marking its arrival on the local market, according to real estate consultancy CBRE.
The group Transylvania Invest, a major Romanian-held grain trader, is part of is readying to enter the fruit and vegetable market and invests EUR2.2 million in an 1,800-ton controlled temperature warehouse, explained Sergiu Gorban, CEO and a stakeholder in Transylvania group.
Holcim Romania, the biggest building materials producer locally by turnover, has completed an over EUR3 million investment in a new aggregates plant in Neudorf, Arad county.
Horia Cardos, CEO of Agroland, a Romanian retail, agriculture and food entrepreneurial group, says the next planned investments are in the construction of the liquid egg plant of Giurgiu county, in boosting the capacity of the animal feed plant near Craiova, the retooling of Caransebes plant and in starting a pet food production line.
“My biggest dream is for us to be present with Alexandrion Group products in every country of the world and I know I will accomplish it. We already sell our products in more than 50 countries”.
Cramele Recas, a major winemaker in Romania, plans to expand its production and warehousing capacity.
Cybersecurity company SafeTech Innovations (SAFE.RO) has signed a significant contract that exceeds 10% of its total revenue in the last annual financial statements, it said in a report to the Bucharest Stock Exchange on Wednesday evening.