OPERATIONS
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Foodpanda Expanded Operations To 19 New Cities In 2020; Seeks To Cover Over 60 Localities In 2021
Food ordering and delivery platform foodpanda has expanded its operations to 19 new cities in 2020 and seeks to cover two other localities by the end of 2020, respectively Tulcea and Giurgiu...
19 Investors Left In Race To Buy CEZ’s Romanian Operations: Transaction Valued At Nearly EUR1.3B By ZF
Czech-held utility group CEZ said in a presentation to investors, dated April 2020, that 19 investors are left in the race to buy its operations in Romania, within a transaction valued at ne...
Sphera Franchise Group Restricts Restaurant Operations In Romania Amid Coronavirus Outbreak
Sphera Franchise Group (SFG.RO), which manages restaurants under the KFC, Pizza Hut and Taco Bell brands, announced the closure of part of the restaurants in its portfolio, in Romania, follo...
Zentiva Group Buys Alvogen’s Operations In CEE, Including Labormed Plant In Romania
Zentiva Group, also present on the Romanian market, has announced the acquisition of the operations in Central and Eastern Europe of pharmaceuticals company Alvogen, for an undisclosed amoun...
Navodari Chemical Fertilizers Plant Expands Operations In Bulgaria, Ukraine
Navodari Chemical Fertilizers Plant (Combinatul de Ingrasaminte Chimice (CICh) Navodari), held by businessman Ernesto Sudati, has expanded its operations in Bulgaria and Ukraine, expecting s...
Mediapost Hit Mail Group Relocates Operations To New Warehouse; Eyes EUR25M Turnover In 2019
Mediapost Hit Mail, an integrator of direct marketing services, held by a division of France’s postal service company, in July has transferred its operations to a new warehouse, of 10,000 sq...
CEZ Shareholders Approve Sale Of Romanian Operations
Czech-held utility group CEZ has received the shareholders’ agreement for the new business strategy which targets, among others, the sale of foreign assets, including the assets in Romania,...
Czech Utility CEZ Says No Pressure For Quick Sale Of Its Romanian Operations
Czech-held utility group CEZ told Ziarul Financiar, with respect to its plan to sell the operations in Romania, that the changes in business strategy, which imply selling the assets in Roman...
Polish Group Aforti Gets Romania Central Bank’s Approval To Start Operations In Romania
Aforti Finance, part of Polish financial group Aforti, has obtained the approval of Romania’s central bank to operate on the local market as a non-banking financial institution (NBFI).