German retailer Kaufland, present in Romania with over 190 stores, is simplifying its procurement process intended exclusively for local and regional producers, making it easier for them to bring their products onto the retailer’s shelves.
Companies Infinity Capital Investments and Gravity Capital Investments have become shareholders in Romania’s Natural Disaster Insurance Pool (PAID Romania) by jointly acquiring 26% of the share capital.
Clifford Chance Badea, the local office of global law firm Clifford Chance, has recruited Flavia Petcu-Ciurel for the role of Senior Associate within its Corporate M&A and Real Estate practice.
Romania car production registered a major surprise this summer: for the second month in a row, Ford Otosan plant of Craiova overshot Dacia plant of Mioveni by the number of manufactured cars.
Romania Energy Minister Bogdan Ivan on Tuesday announced he terminated the contract with Duro Felguera, the builder of Iernut power plant, a unit that is over 90% completed, but has been blocked for several years because of the Spanish company’s insolvency and legal challenges.