PepsiCo, one of the leaders in the food and beverage industry, has announced the promotion of two Romanians in its management team for the Eastern Europe region.
EVO Properties announces the first project on the Bucharest real estate market, which aims to turn the London and Oslo office buildings within the Sema Parc project into a multifunctional hub, following an investment of EUR10 million.
Entrepreneurial company Grup Serban Holding, active in several fields of agriculture, has informed the capital market on Oct 2 about the approval of funding for two projects through the Agency for Financing Rural Investments (AFIR)
Romania's industrial production prices for the total (domestic market and non-domestic market) rose 2.7% in August 2024 compared to August 2023, data from Romania’s National Statistics Institute INS showed on Wednesday (Oct 2, 2024).
Romania’s unemployment rate stood at 5.5% in August 2024, higher by 0.1 percentage point compared to July 2024, data from the country’s statistics institute INS show on Wednesday (Oct 2, 2024).
Romanian drug manufacturer Antibiotice Iasi has a RON850 million investment plan until 2030, covered through a funding mix, made up of cohesion funds, state aid, PNRR funds and EIB loan, stated Sebastian Costea, executive manager for sustainability and strategic investments at the company.
Bucharest office space occupancy costs have increased by around 10% in the past two years amid the rising building operational costs and the indexing of rents against inflation, in line with data provided by real estate consultancy Cushman & Wakefield Echinox.
OMV Petrom, the largest integrated energy producer in Southeastern Europe, operator of the Neptun Deep project, has announced the start of the construction works for the steel jacket, platform support structure.