BRD Sogelease IFN has contracted a EUR70 million loan from the European Investment Bank (EIB) to the end of boosting funding for a series of local small and medium-sized enterprises.
Signal Iduna, leader of the local health insurance market, is assessing opportunities on the auto liability insurance (RCA) market in Romania amid the current dynamics of the sector and consolidation and transformation tendencies.
Altex, Romania’s largest electro-IT retailer, aims to invest EUR200 million in expansion in the next 3-5 years, says Dan Ostahie, the company’s founder.
Autoklass Center SRL, the business controlled by Enrico Perini, who also owns Romstal, has taken over distribution and service activities for Volkswagen Autoturisme, Voslkswagen Autovehicule Comerciale and DasWelt Auto from Tess SRL, in one of the biggest deals on the local market.
Rondocarton, part of the Austrian Rondo Ganahl Group, a leading corrugated cardboard manufacturers in Romania, expects to end 2024 with a turnover of nearly EUR130 million, amid a 10% increase in the corrugated cardboard packaging market in 2024.