Allianz-Tiriac, the second largest insurer in Romania, ended the first nine months of 2024 with a sales volume of RON2.7 billion, up 6% from the same period of 2023.
Romania’s real estate market is readying to end a mixed year in terms of results, characterized by strong infrastructure activity, significant investment rebound, but also a disappointing economy, with a lower-than-expected GDP increase, according to Colliers consultants.
Danube freight carrier Transport Trade Services will kickstart a EUR23 million investment for the development of Canopus Constanta grain terminal.
Nuclear power producer Nuclearelectrica and international consortium Candu Energy Inc., an AtkinsRéalis company, Ansaldo Nucleare, Canadian Commercial Corporation and Korea Hydro & Nuclear Power Co signed the Engineering, Procurement and Construction (EPC) contract for the advancement of Cernavoda NPP Unit 1 refurbishment.
Real estate holding Meta Estate Trust has contracted an almost EUR1 million loan from Patria Bank to refinance 60% of its investment in Swissôtel project of Poiana Brasov.
Law firm Filip & Company assisted Mozaik Investments in the sale of a minority stake in 5 to go to investment funds Invenio Partners and ACP.
Building materials producer TeraPlast Bistrita has acquired the PVC and PE Pipe production assets of Hungarian company Wavin, via Polytech Kft subsidiary.
Nine months after its launch in Romania, Munch app that aids reduce food waste, has reached 180 partners in 291 locations of Bucharest and Iasi, marking a 40% increase over the past six months.
Dan Sucu, owner of Mobexpert and the main stakeholder in football club Rapid Bucuresti, has officially taken over the renowned Italian football club Genoa, in the wake of a capital hike financial transaction.
Danube freight carrier Transport Trade Services (stock symbol: TTS) has informed in a stock market report on Dec.18, 2024 that its Board of Directors approved the extension of a $17 million contract for the provision of integrated logistics services.