Photon Energy Engineering Romania, the local division of Dutch Photon Energy, dedicated to engineering, procurement and construction (EPC) services, has completed and grid-connected a new solar photovoltaic (PV) power plant in Romania.
PeliPartners has decided to promote Sandra Gheorghe, Delia Dumitrescu and Andrada Bogeag to the role of Senior Associate, effective January 1, 2024.
ING Bank Romania ended the first nine months of 2023 with total revenue of RON2.5 billion, up 18% year-over-year, and a net profit of RON1.17 billion, up 30% year-over-year, amid reduced risk provision costs and enhanced operational efficiency, in a market with higher interest rates.
Alternative investment fund PAG Private Equity, focused on the Asia-Pacific area, has taken over the majority stake in Food Union Europe, a Lithuanian-held company that also owns Romanian ice cream producer Alpin.
Draghici Dental group moved to industrial park Miroslava of Iasi county at the end of 2023 after an over EUR2.2 million investment project for a new dental technique lab, office spaces and training spaces, explained Dan Draghici, founder of the group.
Farmacia Ardealul, a major regional pharmacy chain, with a 31-year presence on the market of Piatra Neamt, reached RON100 million turnover in 2023.
2024 brings zero square meters of offices in large projects on a Bucharest market accustomed to at least 100,000-200,000 square meters.
2023 ended with 1.1 million deals on the automotive market and notable increases on the segment of new and used passenger cars traded domestically. The result is 3% higher than in 2022, in line with data provided by DRPCIV and Autovit.ro, the most powerful car sales platform in Romania.