German retailer Kaufland, present in Romania with over 190 stores, is simplifying its procurement process intended exclusively for local and regional producers, making it easier for them to bring their products onto the retailer’s shelves.
Companies Infinity Capital Investments and Gravity Capital Investments have become shareholders in Romania’s Natural Disaster Insurance Pool (PAID Romania) by jointly acquiring 26% of the share capital.
Clifford Chance Badea, the local office of global law firm Clifford Chance, has recruited Flavia Petcu-Ciurel for the role of Senior Associate within its Corporate M&A and Real Estate practice.
Romania car production registered a major surprise this summer: for the second month in a row, Ford Otosan plant of Craiova overshot Dacia plant of Mioveni by the number of manufactured cars.
Romania Energy Minister Bogdan Ivan on Tuesday announced he terminated the contract with Duro Felguera, the builder of Iernut power plant, a unit that is over 90% completed, but has been blocked for several years because of the Spanish company’s insolvency and legal challenges.
Froo Romania Retail, a company part of Polish group Zabka, has opened a new Froo store in office building America House of Bucharest, with the network now having over 120 units in 3 cities.
Chinese smartphone manufacturer OPPO aims to strengthen its foothold on the Romanian market in 2025, targeting a 15% increase in the number of sold units and a 20% advance by value, against the previous year.
Bucharest Stock Exchange representatives, high-ranking officials of the Republic of Moldova and heads of banks and companies of the Republic of Moldova yesterday signed a memorandum via which a new stock exchange will be opened in the capital of the Republic of Moldova. The stock exchange will become operational in the next six months-one year.
Store network Sofiaman, a brand specializing in the production and sale of pajamas, has reached 20 units and is set to open another two units by yearend.