Maspex Romania launches takeover bid for Purcari Wineries
Maspex Romania has submitted documentation to the Romanian Financial Supervisory Authority (ASF) for a voluntary takeover bid of a majority stake in Purcari Wineries.
Maspex Romania has submitted documentation to the Romanian Financial Supervisory Authority (ASF) for a voluntary takeover bid of a majority stake in Purcari Wineries.
Romania's insurance market saw a total volume of gross written premiums of RON 23.4 billion (€4.7 billion) during 2024, up 11% compared to the previous year, according to a report by the Financial Supervisory Authority (ASF).
Total gross claims paid (including branches) amounted to around RON 8 billion in the first nine months of 2024.
The government has greenlit a memorandum to approve a €500 million financing contract between Romania and the European Investment Bank (EIB) to support the A1 Sibiu-Pitești motorway project.
Vastint Romania has joined a wider initiative for the revitalisation of the Dâmbovița River, its banks, and surrounding areas.
DRUID AI, the developer of an enterprise AI platform, has secured a $31 million Series C financing round to propel the global expansion of its agentic platform.
Exim Banca Românească has provided approximately €14 million in financing for a new greenfield investment.
Coca-Cola HBC Romania has completed an investment of RON 5 million (€1 million) in a new photovoltaic park at its plant in Timișoara.