Retele Electrice Romania, part of PPC group in Romania, has launched a public tender with a maximum value of almost RON32 million (VAT not included) for the acquisition of high-voltage electrical cables and accessories, needed for grid modernization projects.
German group Schwarz, which owns Kaufland and Lidl, is closing in on taking over La Cocos, the store chain founded by Iulian Nica, in line with ZF sources familiar with the deal.
Electrical cables and conductors supplier VLG Ro, part of Austrian group Mienhart, for 2024 reported turnover worth RON412.8 million (around EUR83 million), slightly up, by around 1%, from 2023, in line with ZF calculations based on Finance Ministry data.
Alpin group, which operates the hotel compound of the same name in Poiana Brasov, is investing EUR20 million in a new accommodation unit, this time at the Romanian seaside, in Olimp resort.