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Lefties, a brand owned by Inditex group, Zara owner, announced the opening in the first half of this year of a new store, with a 3,000-sqm area in Iulius Mall Suceava, owned by IULIUS and Atterbury Europe.
Cluj-Napoca-based software producer Transart in 2024 generated EUR7 million turnover, 8% higher than in 2023.
Bihor-based builder Drum Asfalt, owned by entrepreneur Floare Petroi, plans to invest over EUR5 million this year in machinery and car fleet modernization and is readying to sign new contracts.
Belgium’s United Petfood giant, one of the world's largest pet food producers, with plants in many European countries and in the US, is investing EUR35 million in a Romanian production facility in Racari, Dambovita County, ZF has found.
Somproduct, one of the largest online retailers of furniture and home décor in Romania, filed for insolvency at the end of last year. At the same time, Cadar Capital SRL, another company of the group controlled by the Cadar family, defaulted.
Turkish online retailer Trendyol, majority held by China’s Alibaba giant, has attracted over 1.3 million active shoppers and sold more than 13 million products during its first year in business on the Romanian market.
Stanleybet Capital, the superstructure of the Game World Group, one of the main sports betting and gambling operators in Romania, has completed its public bond offering with 148,124 bonds subscribed and allocated, 59.2% of the proposed 250,000, the broker of the issuance Goldring said in a report to the Bucharest Stock Exchange on Monday.
Morphosis Capital, a private equity company established by entrepreneurs Simona Gemeneanu, Gabriela Dumitru, Dragos Petre and Andrei Gemeneanu, has raised over EUR100 million for its second investment fund, which is double the value reported for its first fund, which was launched in 2018.
Hidroelectrica (stock symbol: H2O), Romania's largest electricity producer and the largest company listed on the Bucharest Stock Exchange, has announced in its preliminary operational report for 2024 that the net electricity production reached 13,864 GWh in 2024, down 21% against 2023.
Romania's Finance Ministry raised RON1.02 billion from banks on Monday (Feb. 10, 2025) selling benchmark bonds, at an annual average yield of 7.39%.
Law firm Bulboaca & Asociatii advised Superbet in the deal whereby US investment firms Blackstone and HPS Investment Partners invested $1.3 billion in the sports betting group established by entrepreneur Sacha Dragic in 2008.
E.ON Energie Romania has built a photovoltaic power plant for the Webasto factory located in Arad, based on a long-term power purchase agreement (PPA).
Romania's Competition Council is assessing the transaction through which OMV Petrom S.A. intends to outsource transportation services from the production areas of Oltenia and Valahia, in Pitesti, together with the related personnel, to road transport company Eugen Trans.
Romania’s finance ministry has announced the launch of new Tezaur Treasury bills on Monday, February 10, 2025.
Deloitte Romania has assisted UK-based property investment and management group M Core in the acquisition of a portfolio of seven strip malls in Romania from property investor and operator MAS PLC, active in Central and Eastern Europe (CEE).
Romania's trade balance posted a deficit of EUR33.39 billion in 2024, higher by EUR4.4 billion (+15.3%) compared to the level reported in 2023, data from the country's statistical office INS showed on Monday (Feb. 10).
Romania housing market started 2025 on a downward trend, with the number of deals falling in January by 17% countrywide and 18% in Bucharest, reveals an analysis by Storia, the real estate platform launched by OLX.
Green Tech International, a company that supplies geothermal water in Calimanesti-Caciulata, announced investment fund Gem Global Yield, registered in Bahamas Islands, has become a shareholder with a EUR35 million stake in the company, as part of a commitment to invest EUR135 million overall.
Romania’s national grid operator Transelectrica is starting construction works for a new 400 kV power line in Constanta Nord-Medgidia Sud region, a strategic project for the consolidation of the power grid in Dobrogea.
Vasting, the Swedish developer present in Romania since 2008, which developed Bucharest Business Garden and is building Timpuri Noi Square, wants to step up the development of the second stage of the project, for delivery to be made as early as 2026, and not 2027 as it had initially announced.19782 items