Tag: European Union (6 articles)

Real estate   |   25 September, 2025 at 9:15 AM

Romania's industrial sector up nearly fivefold in past decade

Romania recorded the fastest growth in road freight transport in the European Union, with companies reporting almost 29 billion tonne-kilometres carried by road in 2023, representing a 69% increase over ten years. This growth rate was three times faster than the EU average, according to Eurostat data cited by Colliers.

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IFC to acquire 10% stake in Romanian pension firm Carpathia
Finance

IFC to acquire 10% stake in Romanian pension firm Carpathia

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.

Industry

Polpharma to launch takeover bid for Biofarm

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.