Tenaris has transformed the former Silcotub and Calarasi facilities into a world-class operation within its global industrial system.
The acquisition of TFMO aligns perfectly with H.Essers' growth strategy, enabling the logistics company to expand its presence in France.
Through this acquisition, Veolia will accelerate the implementation of innovative green energy projects, harnessing shallow geothermal energy combined with heat pump technology.
The construction materials whose prices are increasing, however, are Oriented Strand Boards (OSB), with an advance of 6%, and sandwich panels, whose price is rising by 4%.
Europe's EV sales slowing due to reductions in EV incentives, lack of affordable EV models, and consumer concerns about insufficient chargers.
Investment in production machinery and military equipment in Romania increased by 80% last year compared to the pre-pandemic period.
Four companies alone hold almost two-thirds of the world's grinding capacity, and ten companies, all in advanced economies, share more than 40% of the retail confectionery market.
IBB Holding has a solid reputation built over time through the high-quality services provided in the implementation of highly complex projects in infrastructure.
The group will offer a maximum of 174,258,721 new shares to investors. The operation starts on June 3, 2024.
Flexibility in delivery options is considered important and very important by over 90% of online stores aiming to deliver internationally.
Up by almost 27% compared to the previous year, Fragedo ranks 14th, up by one position, confirming consumers' appetite for safe and high-quality Romanian products
Romania is uniquely positioned to capitalize on the benefits of acquiring and operating the F-35 Lightning II for the upcoming decades.
New Electric Arc Furnace will deliver huge environmental and competitive advantages.
Investments mark 20 years of DP World in Romania, with the business predicting it will become an increasingly important hub for European trade.
The results are up 19% compared to 2022, when the group ended the year with a turnover of over RON 467 million.
At least 75% of world trade is conducted through indirect sales channels (partner networks) and 80% of executives consider them important for business.
Bulgaria, Romania and Serbia still have a long way to go in the deployment of charging stations required for the desired uptake of electric vehicles.
New auto registrations saw a significant recovery in 2023 as Covid-induced supply-chain disruptions eased and pent-up demand released.
This is a response to the unfavorable and unpredictable developments in the business environment.
Prysmian Romania has commenced construction of a new production line at the Slatina energy plant, following a €23 million investment.
The industrial and logistics hubs developed by Transilvania Construcții serve top industries such as building materials, automobiles, food, IT, medical, and pharmaceutical.
Romanian customers demonstrate an exceptional level of awareness regarding home security.
The new production unit will be located near Bucharest and will be inaugurated this autumn.
Storm Shadow AI is an artificial intelligence solution, the result of over 8 months of intensive research and technological development.
Romania's annual inflation rate climbed unexpectedly to 5.5% in May, up from 4.9% in April, driven primarily by increases in food and services prices.
Travel tech company FlixBus is adding new international coach connections from Romania to Greece and bolstering existing routes to Bulgaria.
EDP, through its subsidiary EDP Renewables, has opened its largest solar park in Romania, located in Albina, taking its total solar and wind capacities in the country to 570 MW.
The German tech company cbs purchased the SAP division of Romanian company SkyConsult, marking its entry into the local market.
Romanian tech company Metaminds, which supplies digitalization services for both the private sectors, named Ovidiu Ghiman as its new CEO, replacing Andrei Cruceru.