Electricity supplier and distributor Electrica (EL.RO) announced in a stock market report on August 2 that its subsidiary Distributie Energie Electrica Romania (DEER) attracted an additional EUR200 million in non-reimbursable financing through the Modernization Fund.
Sphera Franchise Group (SFG.RO), the company that manages KFC, Taco Bell and Pizza Hut restaurants locally, continues the development of its restaurant portfolio with the opening of the first KFC Drive Thru restaurant in the city of Craiova, where the company already has three units.
Fuel wholesaler JT Grup Oil, which owns the newest private oil product terminal in Constanta harbor, announced in a press statement on August 2 that it would be listing its shares on the Multilateral Trading System (the AeRO market) of the Bucharest Stock Exchange, starting Tuesday (August 6).
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the start of construction for the Mondrian Hotel in Bucharest, marking a significant milestone in the development of Romania's first lifestyle hotel under the internationally acclaimed brand Mondrian.