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Dr. Fischer Dental, which operates on the dental technology market of Romania and is controlled by Dr. Antoaneta Fischer, has opened a laboratory in Germany to expand sales on the largest dental services market in Europa, in parallel with readying its listing on the AeRO market of the Bucharest Stock Exchange.

Lithuania’s Apex Alliance Group, which operates five hotels in Bucharest, has appointed Vlad Cimuca as General Manager of the business Courtyard by Marriott Bucharest Floreasca hotel – am initial investment of EUR22.5 million.

Ford Europe will be opening a services center in capital city Bucharest and, to this end, is set to lease office space within the One Cotroceni Park project.

Kosarom group, founded by Neculai Apostol, with 1,250 employees, expects turnover to remain unchanged this year against 2021, at RON372 million (EUR75 million), according to the founder.

Angst group, controlled by entrepreneur Sorin Minea, will further expand the own store network by opening another three-four stores in Bucharest this year and is set to complete the reconstruction of the ready meal plant, according to the entrepreneur.

Mures-based Piinea de Casa has completed the EUR4 million investment in a new bread factory, built in Sangeorgiu de Mures, 6 km away from Targu-Mures, according to Bela Kovacs, the manager of the business, who adds he plans to expand the business countywide.

One United Properties, one of the leading green developers of residential, mixed-use and office real estate in Romania, has sealed a partnership with Veolia Romania Solutii Integrate (VRSI), part of Veolia Romania and a provider of drinking water, sewerage and energy services, whereby VRSI is to invest in the implementation of energy efficiency solutions at ONE United Properties’ developments.

The Romanian operations of Germany’s group Metro are valued at EUR225 million, in line with data presented in a company report.

Behboud Madadi, or Ben Madadi as he is known in investor circles, who became the largest individual investor in a financial investment company (SIF) in 2021, has liquidated his holding in SIF Muntenia (SIF4.RO), the best performing of the five companies in 2021, according to a report published on the Bucharest Stock Exchange.

Financial investment company SIF Transilvania (SIF 3.RO) posted RON99.8 million net profit on December 31, 2021, up by about 189% compared with the about RON34.5 million of the same period of the previous year, ZF has calculated based on the preliminary financial report published on the Bucharest Stock Exchange.

Real estate developer Forty Management will be accessing a syndicated loan of EUR65 million in order to develop the Lagoon City project in capital city Bucharest.

The Bucharest Stock Exchange on Wednesday said the bonds issued by INOX, in the amount of EUR1 million, would start trading on the Multilateral Trading System, under the ticker symbol INOX24E, on Friday (February 18).

Macromex, the largest Romanian-owned distribution business, has invested EUR500,000 in developing the Bocado.ro platform, an e-commerce solution intended for supply operations in the hospitality industry, company officials said in a statement.

Sweden’s Medicover Group, present on the Romanian market for over 25 years, ended 2021 with combined revenues of EUR171.6 million, up 34% on the year.

Romanian startup Salarium, which developed a software platform that offers employees the possibility to receive salary advance payments via a mobile application, has attracted financing worth EUR500,000 from investment fund Neogen Capital, Salarium representatives said in a statement.

Romania’s mergers and acquisitions (M&A) market reached a value of EUR4-4.4 billion in 2021, Radu Dumitrescu, Financial Advisory Partner-in-Charge, Deloitte Romania, told an event organized by Deloitte and Ziarul Financiar (ZF) daily.

Coca-Cola HBC Romania is expanding its brands portfolio by bringing on the local market the Caffè Vergnano coffee after the Group had acquired in October 2021 a 30% stake in Italian coffee company Caffè Vergnano

Romanian shipyard Santierul Naval Orsova (SNO.RO) said Wednesday in a stock market report that it had concluded two external contracts worth EUR6.3 million for the construction of two river vessels to be delivered to The Netherlands.

International freight forwarding business International Alexander ended last year with EUR200 million revenue, Loredana Apreutese, general manager of International Alexander and vice president of International Alexander Holding, said at a Deloitte-ZF conference.

Terapia Cluj, one of the largest pharmaceuticals manufacturers in Romania, has an investment budget of EUR5.5 million for the 2022-2023 financial year and seeks to bring ten new drugstores to its portfolio.