SOCAR Petroleum, the Romanian subsidiary of State Oil Company of the Republic of Azerbaijan (SOCAR), has grown to 91 gas stations in Romania after having opened three more towards the end of this year. The three opened in Salaj, Suceava and Satu Mare Counties.
Morphosis Capital Fund II has announced its fourth investment via the launch of Echo Elderly Care, a platform for the development of a national network of senior care centers.
ArcelorMittal Hunedoara, which has halted its production, has signed an agreement with UMB Grup (Dorinel Umbrarescu) for the sale of its assets and the transfer of some related debts.