CreditAmanet holding, a Romanian-held provider of pawnbroking and money exchange services, aims to invest more than EUR1 million this year in business digitalization, which has become a priority in its development strategy.
Sphere Franchise Group, which manages KFC, Pizza Hut and Taco Bell restaurants of Romania, as well as KFC units of Italy and the Republic of Moldova, has opened a new unit, a KFC restaurant in Slobozia, Ialomita county.
Romanian-held bakery producer Pambac started to export its products seven years ago and now they reach stores in Germany, Spain, The Netherlands, Italy and the UK.
The largest Ukrainian retail chain in the one dollar store format, Aurora Multimarket, has entered the Romanian market and opened its first store in Romania, in the city of Suceava.
MedEuropa, the most dynamic company in the medical field by its 2022 financial results in Romania, with four radiotherapy clinics on the local market, aims to open seven new units by the end of 2025.
The shareholders of the national gas transmission company Transgaz (TGN.RO) convened in ordinary general meeting on October 11 and approved, among others, the appointment of Ilinca von Derenthall as a provisional member of the Board of Administration.
Chromosome Dynamics (CHRD.RO), a developer of IT & AI solutions for the agribusiness sector, announced in a stock market report that Vasile Dragoi has reached an ownership stake of 6.8411% in the company following the finalization of the share capital increase operation.
PepsiCo, one of the largest players in the beverages and snacks market, is set to finalize EUR100 million investments at its Popesti-Leordeni Snacks factory in 2024, which will turn the unit into a regional hub.
Digi Spain, the Spanish subsidiary of telecom operator Digi, and investment company abrdn have finalized the first optical fiber network investment in Spain.
PORR Construct, one of the biggest builders locally, the local subsidiary of Austrian group PORR, for 2022 reported turnover worth RON1.251 billion (EUR253.8 million), up 70% from the previous year, in line with ZF calculations based on Finance Ministry data.
Polenergia, Poland’s largest private energy group, controlled by two investment funds, has taken over 60% of project company Naxxar Wind Farm Four SRL that is developing one of the largest onshore wind parks in the region with an estimated capacity of 685.6 MW, in Tulcea county.
Profi is tapping into the local dairy market with a new private label, Laptaria Amu, and hopes it reached over 10% of the network’s sales in one-two years.
Stefanel, one of the first foreign fashion brands to enter the Romanian market in the early 1990s, is returning to the local market with a store within the Baneasa Shopping City, through the company Unic Brands.
REHAU Window Solutions, a division of Germany's Rehau Group which provides solutions for windows, installations and furniture, on October 10 inaugurated a logistics and wrapping center in Cisnadie, in Romania's central county of Sibiu, following an investment of EUR10 million.
Drilling company Dafora Medias (DFR.RO), included on the special list of companies under observation by the Bucharest Stock Exchange, said in a stock market report on Oct 10 that it would enter bankruptcy procedures following a ruling issued by the Sibiu Court on Oct 9.
Real estate developer Nusco Imobiliara, held by the Italian Nusco family, has received the building permit for the second phase of the Nusco City urban regeneration project in the northern part of Bucharest.