Germany’s Schwarz Group, the owner of Lidl and Kaufland, is buying 70% in Romanian retailer La Cocos. The founder of the business, entrepreneur Iulian Nica, will keep the remaining 30%.
New car registrations in Romania fell 12.8% to 54,209 units in January-May 2025 compared with the year-ago period, while in the EU they were down 0.6% to 4,566,970, data supplied by ACAROM and ACEA on Wednesday show.
Meta Estate Trust (MET.RO), a holding company operating in the real estate sector, is investing EUR1.52 million in a portfolio of four villas in the premium Radisson Blu Grand Mountain Resort Brasov project.
Eurowind Energy, a developer and operator of renewable energy projects, is developing a new photovoltaic park in Visina, Dambovita County, the company announced.
Treevi Pizza Al Taglio, a brand specializing in Roman-style artisanal pizza by the slice, part of Tom Hospitality group’s portfolio, continues nationwide expansion and opens a restaurant in Timisoara, in Iulius Town shopping center.
Retele Electrice Romania, part of PPC group in Romania, has launched a public tender with a maximum value of almost RON32 million (VAT not included) for the acquisition of high-voltage electrical cables and accessories, needed for grid modernization projects.
German group Schwarz, which owns Kaufland and Lidl, is closing in on taking over La Cocos, the store chain founded by Iulian Nica, in line with ZF sources familiar with the deal.