Westlake Corporation, a global manufacturer of innovative materials and products, has announced its agreement to acquire the global compounding.
Lavinia Ioniță Rasmussen, Real Estate Partner at Nestor Nestor Diculescu Kingston Petersen (NNDKP), talked to Property Forum about the firm's growing portfolio in industrial and renewable energy, but also about the new EU rules that will boost investments in green buildings.
PetStar Group, a key player in PET bottle recycling and preform production operating under the "Bottle-to-Bottle" circular model, has finalized a €50 million credit facility.
The syndicate of banks included CEC Bank and Alpha Bank Romania and the facility granted is secured by a guarantee issued by Exim Banca Românească.
Lavinia Ioniță Rasmussen, Partner at NNDKP's Real Estate practice, spoke with Property Forum about the acceleration of commercial and residential development in regional cities and the potential of the local market to offer higher returns for property investors compared to other countries in the region.
The portfolio, comprised of 270,000 sqm GLA and 30ha landbank, includes six industrial parks and other complementary facilities in six key locations in Romania
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.
The Ministry of Energy acknowledged the public statement from Lukoil regarding its intention to sell its international assets.
CruiseHub, part of the Aerotravel group, has become the first travel agency in Romania to organise an expedition-type group cruise to Antarctica.
Courier firm Sameday has announced a significant investment of over €80 million in 2025, dedicated to technology, regional expansion.