Real estate developer HILS Development held by Ionut Negoita saw a 28% growth in apartment sales in all its six completed or in development projects in the first half of 2024, the company said.
OVES Enterprise announces the official launch of Nemesis AI, a revolutionary artificial intelligence solution that marks a new chapter in the development of autonomous military technology (without direct human intervention).
Romania's current account deficit stood at EUR12.17 billion in January-June 2024, higher by EUR3 billion than the level recorded in the same period of 2023, central bank data showed on Tuesday (August 13, 2024).
Iproeb Bistrita (stock symbol: IPRU), one of the largest local manufacturers of electrical cables and conductors, tripled its net profit to RON15.2 million in the first half of 2024, while its turnover climbed 14% to RON100 million.
Germany’s Infineon Technologies has pre-let a 20,000 square meter office building to be developed by One United Properties in the Pipera area in Bucharest, where it will open a research and development center.
Insurance broker Transilvania Broker de Asigurare (TBK.RO) posted RON2.3 million net profit in the first half of 2024, 58.3% lower than the RON5.5 million in the year-ago period.
CMS has advised Nala Renewables (Nala), a global power and renewable energy investment platform and independent power producer, on the acquisition of a 99.2 MW onshore wind project from OX2, one of Europe's leading developers of renewable energy sources.
Sports HUB, a non-governmental association specializing in the development of programs and events dedicated to sport and education, has leased 770 square meters in building G of YUNITY Park, the office campus owned by Genesis Property.
The Finance Ministry has published, in transparency, a bill regulating the possibility for the Romanian Government to diversify its public debt financing instruments to be able to access funds via the US Government's Foreign Military Financing (FMF) mechanism.