Construction industry in 2024: remarkable resilience through economic challenges
The state, by removing some tax breaks and delaying payments to builders, has left many contractors facing unstable cash flows.
The state, by removing some tax breaks and delaying payments to builders, has left many contractors facing unstable cash flows.
Focus on EPS insulation materials with optimized sustainability profiles such as Neopor BMB and Neopor Mcycled.
The transaction with Abris Capital Partners is expected to be completed in the first quarter of 2025.
Sanprod's client portfolio includes major players in the construction of warehouses, logistics centers, factories, malls, DIY stores, and residential buildings.
This growth was driven by the production and commercialization of agricultural inputs, including results from the USA operations.
Under the contract, a large number of COBRA II 4x4 vehicles will be manufactured locally in Romania.
ROCA Industry reports in the first 9 months of this year a turnover of 517 million RON, at a cumulative level for the companies in the portfolio, increasing by 9% compared to 2023.
The main challenges of business services companies are the rising labor costs, the recruitment process and the retention of experienced employees.
Eltra Logis' decision to change its business focus to the pharmaceutical industry was driven by major challenges in the textile sector in Romania.
A development strategy focused on advanced services, automation, and niche analysis, such as ESG, will allow Romania to harness the enormous potential of this industry.
AKTOR Romania aims to increase its backlog in Romania by participating in new infrastructure projects and delivering future-proof infrastructure.
This investment project will triple production capacity and lead to reduced electricity consumption and carbon footprint.
The new contract was signed to further the digitalization efforts of Cluj County Council, a process initiated in 2020.
OVES Enterprise and Kongsberg Defence & Aerospace discuss a possible collaboration to integrate Nemesis AI into defense solutions.
Unveiled at Glasstec 2024, the world's leading trade fair for the glass industry, the project addresses the urgent need for enhanced reliability in the critical lehr process.
The closing of the announced transaction is conditioned by a legal process, including the completion of due diligence and prior approvals.
Opening of STADA production and supply-chain hub in Turda, Romania, strengthens European security of supply with more than 150 million packs of medicines per year.
The aim of the platform is to provide SOCs with critical info about threat actors and their Terms Techniques & Procedures (TTPs) and Indicators of Compromise (IoCs).
The evaluation was based on specific criteria that analyzed the company's overall Completeness of Vision and Ability to Execute.
Econic's technology uses a proprietary catalyst and process to substitute up to 30 percent of the fossil-based materials in polyols with captured CO₂.
BIM technology serves as a solution to many of the industry's issues such as fragmented project execution, inefficient resource management.
European Industrial SMR Alliance selects newcleo as one of the projects to be supported.
The project addresses a specific need that has been identified for future Active Debris Removal (ADR) and In-Orbit Servicing (IOS) missions.
The initial 70% stake in Workshop Doors' share capital was acquired by ROCA Industry in February 2024.
Turkish land systems manufacturer Otokar has entered into a joint venture (JV) agreement with Romanian defense company Automecanica to manufacture Otokar Cobra II 4x4.
Bolt Food, the food delivery arm of the ride-sharing platform Bolt, has appointed Alexandra Dinovici as the new General Manager for its local operations.
Premier Restaurants Romania, the operator of McDonald's restaurants in the country, announced a turnover of over RON 2 billion (€401 million) in 2024.
The Macroeconomic Confidence Index, compiled by the CFA Romania Association, has shown a modest increase in March 2025, rising by 7.3 points to 43.9 points.
Chinese car maker Chery has officially announced its entry into the Romanian market through a partnership agreement with Auto Italia Group, part of the Samelet Group.