Companies
Avantaj Distribution Invests almost EUR2M to Double Warehousing Capacity
Avantaj Distribution, one of Romania’s largest melon producers, which a 150-ha cultivated area in Slobozia, wants to double its warehousing capacity and invests EUR1.7-2 million to this end,...
OMV Petrom Enters PPA Market
With 2.5 GW of green energy under development, OMV Petrom, Romania’s sole oil and gas producer, is taking the next step and entering the market of PPAs, long-term green energy contracts.
MedLife CEO Mihai Marcu Sells 1 Million Shares For RON7.5M
Private medical service provider MedLife (stock market: M) has announced on October 2 that Mihail Marcu, the company's CEO and Chairman of the Board of Directors, had sold 1 million shares i...
Romania's Antitrust Body Looks Into Acquisition Of Prefab By Celco
Romania's Competition Council is assessing the transaction through which Celco SA intends to acquire Prefab SA.
Green Factory Completes Acquisition Of Eisberg Romania From Bell Food Group
Green Factory, a Polish producer in the vegetable, salad, and fresh convenience food sector, has completed the acquisition of salad producer Eisberg Romania within a transaction which target...
Electroalfa International Set to Open New Plant in Partnership with Germany’s SGB-SMIT Group
Electroalfa International, part of Electroalfa group owned by Gheorghe Ciubotaru, will open a new plant, in Botosani, in partnership with German transformer manufacturer SGB-SMIT Group.
One United Properties Invests EUR27M in Infrastructure and Private Schools in Bucharest’s District 2
One United Properties, one of Bucharest’s most dynamic real estate developers, has started works for the construction of two private education units and continues investments in road infrast...
Deutsche Bahn Cargo Romania Ends 2024 with RON428M Turnover, Down 11% YOY
Deutsche Bahn Cargo Romania, the rail freight transportation unit of German giant Deutsche Bahn, in 2024 generated RON428 million turnover, down 11% from 2023.
IKEA Supplier IPEC Mulls Investing in Non-EU Country
IPEC Alba Iulia, one of Europe’s leading porcelain plate manufacturers, is contemplating investing in a country outside the EU, where production prices are lower.