A team of transaction experts form PwC Romania along with PwC France provided fiscal due diligence services to France-based digital music company Believe in its acquisition of 25% in Global Records founded by Stefan Lucian in 2008.
The volume of construction works increased, in unadjusted data, by 1.1% in January-May and by 2.2% when adjusted for the number of working days and seasonality, data from the Romania’s statistics office INS showed on Thursday (July 18).
New car registrations increased by 13.4% to 83,505 units in Romania in January-June 2024 compared with the same period in 2023, and by 4.5% to 5,683,843 units in the European Union, ACAROM and ACEA data showed on July 18.
Europack Media, a Constanta-based company that makes wet wipes, ended 2023 with RON82.2 million, an increase of 8.5% on 2022. Net profit went up, as well, to RON8.3 million from RON7.7 million, Finance Ministry data show.
Grand Plaza Hotel, which manages the five-star Sheraton Hotel in Bucharest, ended last year with RON52.8 million revenue, an increase of 21% on the previous year and RON1 million net profit, Finance Ministry data show.
Stockday, the B2B e-commerce platform held by Coca-Cola HBC and Heineken Romania, ended 2023 with a turnover of RON577 million, up 8% versus 2022, as per finance ministry data.