Domeniile Davidescu, a wine business based in the Republic of Moldova, targets a a turnover of over RON17 million in 2025, which would mean a 25% increase against its 2024 turnover of nearly RON14 million, up 24% versus 2023.
The retail team of Cushman & Wakefield Echinox provided strategic consultancy for Prime Kapital, the developer of the Mall Moldova Iasi super-regional shopping center, being involved in securing renowned brands such as Inditex, Peek & Cloppenburg, IKEA or Leroy Merlin among others.
Cement manufacturer Romcim, owned by Irelands’ CRH, has completed the acquisition of two concrete stations from BCC Agregate Betoane SRL, located in Miroslava and Iasi, after the deal was okayed by the competition watchdog.
Romania car production in the first three months of 2025 declined by 11.2% from the year-earlier period, to a total of 135,723 units, of which Automobile Dacia manufactured 75,812 cars and Ford Otosan 59,911 units, in line with data provided by the country’s carmakers association ACAROM.
Romania in 2024 had the highest weight of emigrants among EU states, with 24% of the country’s population (4.6 million people) living abroad, but also one of the highest remittance-to GDP ratios, namely 2.8% in 2023, reveals an Alpha Bank analysis.