Germany’s Schwarz Group, the owner of Lidl and Kaufland, is buying 70% in Romanian retailer La Cocos. The founder of the business, entrepreneur Iulian Nica, will keep the remaining 30%.
New car registrations in Romania fell 12.8% to 54,209 units in January-May 2025 compared with the year-ago period, while in the EU they were down 0.6% to 4,566,970, data supplied by ACAROM and ACEA on Wednesday show.
Meta Estate Trust (MET.RO), a holding company operating in the real estate sector, is investing EUR1.52 million in a portfolio of four villas in the premium Radisson Blu Grand Mountain Resort Brasov project.
Eurowind Energy, a developer and operator of renewable energy projects, is developing a new photovoltaic park in Visina, Dambovita County, the company announced.