ELI Parks, one of Romania’s most dynamic developers of A-class industrial and logistic spaces, has started the second phase of ELI Park Iasi project, envisaging the construction of another 20,000 square meters of industrial and logistic spaces to be added to the existing area of around 20,000 square meters.
With a much stronger involvement, Tudor Personal Tailor, the business specializing in men’s made to measure suits, will end this year with growth of around 15-20%, but the market is becoming increasingly challenging, says Alin Copindeanu, the company’s CEO and co-founder.
Accor, one of Europe’s leading hotel chains, has 40 hotels under development in Romania, but bets on a premium hotel brand for the local market, Movenpick, under which there are several five-star hotels, but also some four-star ones.
Oltina Impex Prod Com, one of Romania's largest milling and bakery businesses, posted RON490.6 million (EUR98.6 million) revenue in 2024, down 32.1% from 2023’s RON722.9 million (EUR146.1 million), according to ZF calculations based on information from the Finance Ministry website.
Purcari Wineries (WINE.RO), one of the largest winemakers in Central and Eastern Europe, announces that Alexandru Filip will be replaced as chief executive officer by Victor Bostan, company founder, it said in a report to the Bucharest Stock Exchange.