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Romanian electricity distribution company E-Distributie Banat has completed the construction of a new primary substation, worth RON23.59 million and located in the Dumbravita commune, near Timisoara.
Romania's industrial production prices for the total (domestic market and non–domestic market) increased by 21.6% in February 2023 compared to February 2022, data from Romania's statistics board INS showed on Tuesday (April 4, 2023).
The developers of Belvedere Residence project of northern Bucharest have sold the shopping gallery part of the mixed-use compound to a private investor, in the biggest deal with street front retail space of recent years.
The Home, an online furniture and lighting retailer, present with two physical stores in Bucharest and Cluj, has leased around 8,000 square meters in Parcul Logistic Logicor Bucharest II, developed by one of Europe’s biggest owners and operators of logistic and distribution warehouses.
Real estate developer One United Properties will invest around EUR6 million to build two private schools in the area of Tei and Plumbuita lakes in Bucharest’s district 2.
Vitamix network, made up of natural supplements, healthy food and cosmetics stores, expanded in 2022 and now includes 59 stores.
Hospitality group Kane plans to double its number of units by 2027 and reach RON130 million turnover.
Ropharma pharmacy chain, indirectly controlled by businessman Mihai Miron, has budgeted turnover worth above RON597 million in 2023, up 7% on the year.
Electricity supplier and service provider for electricity market actors Alive Capital ended last year with EUR170 million revenue, almost double the 2021 level.
German-held supplier of automotive components and systems and the largest manufacturer of automotive components in Romania Continental has expanded its center in Iasi with new test labs, following EUR8 million investments and continues hiring.
Furniture and home products retailer JYSK continues its expansion plans in Romania and opens two new stores, in Dej and Radauti, on Thursday, April 6, bringing its network to 133 stores in the country.
Romania’s north-western city of Oradea will receive European funding worth almost EUR16.4 million for the development of a solar photovoltaic (PV) park on a 12.5-hectare plot of land that belongs to the city.
Real estate developer One United Properties (ONE.RO), has announced an agreement to sell its stake in One Herastrau Office S.A. to a private investor.
Romania's Finance Ministry raised RON600 million from banks on Monday (April 3) selling bonds maturing in 2032, at an annual average yield of 7.39%.
Romania’s state-owned natural gas producer Romgaz’s (SNG.RO) announced in a stock market report on Monday (April 3) the conclusion of a new transaction with E.ON Energie Romania, a company part of Germany’s E.ON Group.
The largest golf resort in Romania will be developed in the Niculesti commune (Dambovita County) following an investment of EUR60 million carried out by Turkish-Romanian businessman Metin Doğan.
Insurance company Omniasig, part of Austria’s Vienna Insurance Group (VIG), ended 2022 with underwritten gross premiums of over RON2.1 billion, up 30% on the year, in line with data from company representatives.
The number of tax audits companies are subject to is expected to increase by more than a third over the next two years as per 2023 EY Tax Risk and Controversy Survey.
Law firm Filip & Company has assisted Banca Comerciala Victoriabank S.A., one of the largest banks in the Republic of Moldova, on the conclusion of an agreement for the sale of the shares held by Banca Comerciala Romana in BCR Chisinau S.A., its subsidiary in the Republic of Moldova.
Romania's foreign exchange reserves stood at EUR53.2 billion in March 2023, higher by EUR1.22 billion versus February 2023, central bank data showed on Monday (April 3).19080 items