City Grill Group, the largest Romanian-owned restaurant group in the hospitality market, has launched a new version of its Out4Food app which boasts 380,000 users at present and an average frequency of nearly 3 orders per month from 30+ restaurants.
Chemical industry company Sinteza Oradea (STZ.RO), on May 20 announced withdrawal from the investment project to develop a new facility for the production and testing of electrolytes used in making industrial batteries, co-funded via the National Recovery and Resilience Plan.
Romania's Competition Council has carried out unannounced inspections at the headquarters of six car importers, as part of ex officio investigations into the automotive maintenance and repair services market and/or the car spare parts distribution market in Romania.
The European Bank for Reconstruction and Development (EBRD) has successfully subscribed to a EUR76 million ticket as part of the existing green bond program of VGP, a pan-European provider of high-quality logistics and semi-industrial real estate.
Companies IULIUS and Atterbury Europe have contracted a syndicated loan of approximately EUR400 million to finance the development of RIVUS Cluj-Napoca, the largest urban reconversion project in Romania.