Companies
Cismigiu Hotel H1/2025 Revenues Up 7% YOY
Bucharest’s four-star hotel Cismigiu, controlled by Spain’s Hercesa, boosted its turnover by 7% in the first half of 2025 and expects the same increase for the whole year, according to the c...
Romania's Antitrust Watchdog Thumbs Up Acquisition Of Continental Brakes Italy S.p.A. By Mutares SE & Co. KGaA
Romania's Competition Council has given green light to the notified acquisition of Continental Brakes Italy S.p.A. by Mutares SE & Co. KGaA, via its subsidiary Mutares Holding-98 GmbH.
Transport Trade Services Appoints Ana Bobirca As Executive Board Chairwoman
Danube freight carrier Transport Trade Services (stock symbol: TTS) has appointed Ana-Barbara Bobirca to the position of Chairwoman of the Board of Directors following the retirement of the...
EY: Companies Boost Investment In EHS Initiatives But Many Fail To Integrate Them Into Long-Term Strategies
Businesses worldwide are increasing their investment in Environmental, Health and Safety (EHS) initiatives as a way to protect workers and the environment, boost commercial value, and bolste...
Romania's Antitrust Body OKs Acquisition Of Travertec By Voestalpine Railway Systems
Romania's Competition Council has approved the transaction through which voestalpine Railway Systems (VRS) Romania plans to acquire local precast concrete producer Travertec S.R.L.
Clifford Chance Badea Advised UniCredit On Completing Its Merger With Alpha Bank Romania
Clifford Chance Badea, the local office of global law firm Clifford Chance, advised UniCredit on the closing of its merger with Alpha Bank Romania.
Businessman Sever Raicu Sells Its Stake In Foraj Sonde Videle For RON45M
Businessman Sever Raicu has sold its ownership stake in oil drilling company Foraj Sonde (stock symbol: FOJE) for RON45 million (EUR9 million).
La Fantana Gets EUR70M Loan From ING Bank And Raiffeisen Bank For Business Growth
La Fantana, the leading player in the segment of water bottling and supply for water coolers, has contracted a EUR70 million loan from ING Bank Romania, ING Bank N.V. and Raiffeisen Bank S.A...
Food Retailer Annabella Buys 87 Profi And Mega Image Stores Across Romania
Romanian food retailer Annabella, held by the Mutu entrepreneurial family, is set to acquire 87 stores that Mega Image had committed to divest in order to complete the takeover of Profi Roma...