Construction material producer TeraPlast SA (TRP.RO) has notified the Bucharest Stock Exchange of having completed the acquisition of the majority stake (51%) in integrated engineering group Aquatica Experience Group.
US restaurant chain Popeyes will open a new unit in May in Bucharest, in shopping center Mega Mall, and will reach seven units in the capital city.
The marketplace is becoming an increasingly important growth engine for evoMAG, generating around 15% of the company’s overall sales. The weight of this channel is on a sustained growth path and the company bets on this model to step up its expansion both nationally and internationally.
DVI Production, a company that owns Fortem brand, is set to open in Iernut, Mures county, a BCA (autoclaved cellular concrete) plant with a production capacity of 2,000 cubic meters daily, the largest in Europe.
Sofidel Romania, the producer of hygienic sanitary paper brands such as Onda, Volare and Regina, for 2024 reported turnover of around RON316.4 million (EUR63.6 million), down 6.8% from 2023, in line with ZF calculations based on Finance Ministry data.
GapMinder VC, one of the largest venture capital funds focused on investments in tech startups of Romania and other Eastern Europe countries, aims to invest this year in five-six new companies around EUR10 million of its second fund totally worth EUR80 million.