Cargus, a major player on Romania’s courier services market, is expanding its foothold on the markets of Czechia, Slovakia, Germany, Hungary, Bulgaria and Greece after entering Poland, where it has a cross-dock operational facility for international players wanting to sell their products to Romanian consumers.
Rezolv Energy, a project company held by Actis, a leading global investor in sustainable infrastructure with EUR20 billion assets, has announced that it acquired the rights to build and operate a 229 MW solar plant in Silistra Municipality in north-eastern Bulgaria, less than 10 km off the Romanian border, which will reportedly serve the Romanian market as well.
Luxury jewelry chain TEILOR has opened its fourth store in Bulgaria, in the city of Plovdiv, after three other stores previously opened in the capital city of Sofia.
Romania is on Polish retailer Answear’s shortlist for the development of a logistic hub in southeast Europe, together with Bulgaria, explained Raluca Radu, country manager at Answear Romania.
In 2021, among EU member states, the highest average annual adjusted full-time salary was in Luxembourg (EUR72,200), Denmark (EUR63,300) and Ireland (EUR50,300), and the lowest in Bulgaria (EUR10,300), Hungary (EUR12,600) and Romania (EUR13,000), according to a report by Eurostat, the statistical office of the European Union (EU).
Sameday, the second largest player on Romania’s courier services market, is expanding to Bulgaria, after having entered Hungary’s market in 2020.
Wine maker Purcari Wineries has announced the finalization of the acquisition of a majority 76% stake in Bulgaria’s Angel’s Estate winery.
Wine maker Purcari Wineries has signed an agreement to purchase the majority stake, of 76%, in Bulgaria’s Angel’s Estate winery.
Technology start-up investment platform SeedBlink announces that it has opened its first branch outside Romania in Sofia, Bulgaria, as part of its expansion strategy.