Polish-held retailer Żabka, one of the largest grocery retailers in Poland, is entering the Romanian market with the acquisition of the majority stake in distribution company DRIM Daniel Distributie FMCG. The deal will be completed once all regulatory requirements have been met.
Data from the country's statistics board INS provided on December 21, 2023 show that Romania has high prices for the arable land.
Law firm PeliPartners assisted the Gymboland Group, which operates a network of 13 indoor playgrounds in Bucharest, Ploiesti and Constanta, to sell the majority stake to the Black Sea Fund at the same time with the implementation of a significant investment from the investment fund.
SeedBlink, the investment & equity management platform dedicated to European tech startups, has announced a strategic partnership with Capital Cell, Spain’s leading investment platform specializing in Biotech and Healthtech.
Romania's Ministry of Finance has attracted RON933.4 million and EUR310 million (values amounting to RON2.47 billion – EUR497.7 million) through the 14th primary offer for the sale of government bonds dedicated to retail investors (Fidelis) held in the last four years using Bucharest Stock Exchange (BVB) systems.
The gross domestic product estimated for 2022 (semi-final data) stood at RON1,401 billion, an increase of 4.1% in real terms compared with 2021, Romania’s National Statistics Institute announced on Thursday.