Korean product retailer K-FOOD has grown to eight stores in Romania, four of which in Bucharest, and is looking to further develop in the main cities of the country. Moreover, the founders of the business are looking at the hospitality area, as well, planning to open a restaurant and a café.
Real estate developer One United Properties (ONE.RO) has notified its shareholders that on September 1, its Board of Directors approved the intention to launch a public tender offer program to repurchase up to 20% of the developer’s shares for a minimum price of RON25 and maximum price of RON40 per share.
Transilvania Construcţii, a company that develops, owns and manages industrial properties under TRC Parks network, controlled by Timofte family of Cluj-Napoca, ended 2024 with a turnover of RON54.1 million (nearly EUR10.9 million), up 19.3% against the RON45.3 million level (EUR9.1 million) reported in 2023, as per calculations by Ziarul Financiar (ZF) daily based on finance ministry data.