DEVELOPMENT
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Poland’s Retail Group CCC Set to Open epantofi.ro Store in Mega Mall
Poland’s CCC, a major player in Romania’s footwear retail by turnover, is opening an offline store for its purely online brands epantofi.ro and Modivo in Mega Mall shopping center.
Verdino Attracts New Funding Round from Stakeholders
Verdino, a startup co-founded by entrepreneurs Raul Ciurtin and Eberhart Raducanu, which makes pea protein-based foods, has attracted a new funding round from its already existent shareholde...
Bakery Company La Lorraine Has EUR70M For Development
Par baked bread and pastry company La Lorraine has a EUR70M investment project to develop its activity in several stages.
Retailer Smyk Romania Sees Sales up 70% in 2021
Polish-held retailer of products for children Smyk All for Kids Romania posted RON90.5 million sales in 2021, 70% higher than in 2020 and expects the trend to continue in 2022, says general...
Hungary’s MOL Hits RON1.6B Turnover and Over EUR71M Profit in Romania in 2021
MOL Romania Petroleum Products, the local subsidiary of Hungary’s MOL, for 2021 reported turnover of above RON7.9 billion (EUR1.6 billion), up 42.6% from 2020, in line with ZF calculations b...
Developers Bet on South of Romania’s Black Sea Coast
After years of Mamaia and Navodari resorts being on the investors' list, with more than 50,000 apartments and hotel rooms built in recent years, now the focus of developers tends to shift to...
Prime Kapital Takes Out EUR125M Green Loan
Prime Kapital, a real estate developer and investor active in Central and Eastern Europe, has finalized a EUR125 million green loan agreement with a group of banks through its joint venture...
CTP Continues Investment in CTPark Bucharest North
CTP, the largest developer and manager of Class A industrial and logistics space in Romania, continues the development of CTPark Bucharest North with new buildings with a total area of 95,00...
Teraplast Recruits Laszlo Vajda as Development Director
Construction group TeraPlast announces the expansion of its management team with the appointment of Laszlo Vajda as development director. He will start work in December and will coordinate d...