HILS Development, an entrepreneurial company dedicated to responsible real estate development, announces the pre-certification of Green Homes for the HILS Sunrise project, marking a first for the eastern area of Bucharest and an innovation in the company’s portfolio.
Romania's industrial production prices for the total (domestic market and non-domestic market) rose 2.6% in July 2024 compared to July 2023, data from Romania’s National Statistics Institute INS showed on Tuesday (Sept 3, 2024).
Romania's hourly labor costs adjusted to the number of working days climbed 6.79% in the second quarter of 2024 compared to the first quarter of 2024, data from the country's statistics board INS showed on Tuesday (September 3).
The shareholders of ROCA Industry, a Romanian construction materials holding, have recently approved the proposal to launch the company’s first bond issue program on the local capital market.
Cluster Power SRL, which operates one of Romania’s biggest data centers, located near Craiova, in 2023 registered RON8.1 million turnover, down 38% year-on-year.
Concrete prefab manufacturer Prebet Aiud, in the first six months of 2024 posted RON1.87 million net profit, from RON3.71 million in the same period of 2023.
FAN Courier, leader of Romania courier services market, ended the first half of 2024 with 15% higher turnover, in line with its budget, with e-commerce still its growth engine, according to the company’s officials.
One United Properties, one of the most dynamic investors and developers of housing, office and mixed-use projects locally, will include a museum dedicated to former Ford plant, as well as a food market concept in One Gallery project.
Mineral water producer Perla Harghitei expects turnover to rise by 20% this year, with growth also supported also supported by the high temperatures that boosted beverage sales.
The first Swissotel Hotel in Romania has opened in Poiana Brasov, its officials announced on LinkedIn. The hotel should have opened this spring, but work has only been completed recently. However, construction of the hotel was divided into two phases, so the opening came after the completion of the first phase.
Rondocarton, part of Austria’s Rondo Ganahl Group, one of the largest corrugated cardboard manufacturers in Romania, has announced acquisition of the remaining 40% held by Offset Druckerei Schwarzach (ODS) in Rondo Offset, the former Transilvania Pack&Print (TPP) in Sura Mica, Sibiu County, so that it is now its sole owner.
Czech Republic’s PPF has announced the start of the office space project The Arc in the Orhideea area in Bucharest and chose Strabag as general contractor.