Law firm Filip & Company is expanding its team of lawyers and promoting one counsel and three senior associates this spring.
NEPI Residential, the residential division of Central and Eastern Europe's largest owner, developer and property manager of shopping centers, NEPI Rockcastle, announces the successful completion of Vulcan Residence, its first residential project, which marks an important milestone in the group's portfolio consolidation.
The office sector in capital city Bucharest shows a positive fluctuation in terms of total leasing activity, after the first three months of 2024, being 71% higher than in the same period of 2023, according to data from real estate consulting firm CBRE.
Imaging clinic network Medima has opened a new clinic, in Deva (in the central-western part of Romania), following an investment of approximately EUR1.7 million.
Power group CEZ, present in Romania for 19 years, is changing its name on the local market to EVRYO.
Aquila Part Prod, the market leader in the field of integrated distribution and logistics services for consumer goods, in Romania and the Republic of Moldova, has budgeted EUR16.9 million investments in 2024 in fleet and warehouse equipment renewal.
Visual Fan, an electronic device producer, owner of Allview brand, in its 2024 revenue and expense budget estimates its revenues will reach RON151.6 million at end-2024, up 13% from 2023. Net profit is expected to hit RON7 million, up 58%.
Real estate developer One United Properties during this year’s Capital Markets Day event announced its plan for 2030 envisages its expansion in three key fields: housing, office and retail and hospitality.
Romania’s state-owned natural gas supplier Romgaz, announced it signed three gas sale contracts for period April 1, 2024-April 1, 2025, totally worth RON2.2 billion.
EDP Renewables (EDPR), the Portuguese group that is a major player on the global green energy market, last month got the technical connection permit for two solar parks in Romania.
Marigab Com, of Turceni, Gorj county, controlled by local entrepreneurs, specialized in food retail, will build a hotel of around EUR8 million, with money from the Just Transition program.