The residential division of Prime Kapital plans to start construction of 600 new homes in its two major projects – Avalon Estates and Silk District in Bucharest and Iasi.
Private healthcare company MedLife (stock symbol: M) has announced in a stock market report on Oct 16 that Mihai Marcu, the company's CEO and the largest individual shareholder, sold 1 million M shares, at the price of RON6 per share.
Medicover Romania, the subsidiary of Sweden's Medicover Group, plans to acquire six companies under the brand Synlab International, active in the field of laboratory diagnostic services and specialized tests in several medical fields.
IKEA Romania has announced its sales results for the fiscal year 2024 (September 1, 2023, to August 31, 2024), highlighting growth in both online and offline sales.
Visa and Raiffeisen Bank have launched for the first time in Central and Eastern Europe the Visa Signature card (debit and credit), expanding exclusive benefits for super-premium cardholders in the Romanian market, the representatives of the two companies told a press statement.
Generative artificial intelligence (GenAI) will support the transformation of financial-tax functions, contributing to solving major issues such as (in)efficiency, human resource shortages, and compliance with new reporting obligations, including those concerning global minimum taxes; this is the main conclusion of the most recent edition of the EY Tax and Finance Operations (TFO) study.
DN AGRAR Group (BVB: DN), the largest integrated livestock farm in Romania, leader in cow milk production, and BSOG Energy, an energy company focused on developing biomethane production plants across Romania owned by Black Sea Oil & Gas, have sealed a cooperation agreement for the largest biomethane production facility in Romania, with a total capacity of up to 15 MW.