Pavăl Holding, the investment vehicle of the Pavăl family and Romania's largest local entrepreneurial group, announced its strategic acquisition of Praktiker Hellas, Greece's leading DIY retail chain owned by Farifax Financial Holdings, for an undisclosed sum.
Romanian real estate group Pavăl Holding, controlled by the Pavăl brothers, has taken over the Ethos House office building, in northern Bucharest, from Anastasios Gotsis for an undisclosed sum.
The future owners have announced plans for improvements to the resort, with the goal of re-opening it as a luxurious 5-star property and welcoming its first guests in 2025.
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.