The first phase of First Estates Pipera, comprising 232 apartments, has already been sold in a proportion of over 95%. The delivery of the units to the buyers is in progress.
Romanian developer Alsin Management said it will invest €20 million in the second phase of its residential project First Estates Pipera, with the completion date set for the spring of 2025.
Cris-Tim Family Holding, the Romanian cold cuts and ready-meals producer, successfully completed its initial public offering (IPO), raising RON 454.35 million (€89.5 million).
The tax-to-GDP ratio in Romania remains one of the lowest in the European Union, despite registering an increase in 2024, according to recent data published by Eurostat.