Karoly Borbely, former Chief Executive Officer (CEO) of Hidroelectrica, the largest electricity generation company in Romania, was appointed member in the Supervisory Board of Tiriac Group owned by businessman Ion Tiriac, per data published on social business platform LinkedIn.
Orizont Hotel in Predeal mountain resort was put up for sale again by the company FEPER, the current owner of the hotel.
Rheinmetall and Pirochim Victoria, a subsidiary of Romarm, in Bucharest signed an agreement for a joint venture – Rheinmetall Victoria, which will build a gunpowder factory in Victoria, Brasov County.