CTP has signed an 11-year lease agreement with LPP Logistics for a new 60,000 sqm distribution centre at CTPark Bucharest West. The facility will bring LPP's total space within the park to 125,000 sqm.
Industrial developer CTP has expanded its partnership with Rara Logistic, a logistics services provider in Romania, reaching over 31,000 sqm of leased spaces across industrial parks in Bucharest, Sibiu, and Deva.
The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement with Vienna Insurance Group (VIG) to acquire approximately 10% of the shares of Carpathia Pensii, a Romanian private pension company.
Polish pharmaceutical company Zakłady Farmaceutyczne Polpharma has agreed to launch a voluntary public takeover offer (VTO) for all shares of Romanian drugmaker Biofarm, according to a regulatory filing.
Romania's Ministry of Finance has launched a public consultation for the TechUp Romania funding scheme, designed to support investments in research and development of advanced technologies with production capabilities.