Industrial developer CTP has appointed Ronald Binkofski as the new Managing Director for Romania, as part of the company's plan to achieve an annualised rental income of €1 billion across its European portfolio by 2027.
Industrial developer CTP said its gross rental income for H1 2025 reached €367.2 million, marking a 14.4% year-on-year increase, while signing 1 million sqm of new leases, an 11% increase compared to H1 2024.
Industrial developer CTP has appointed Jovan Radosavljevic as its new Managing Director for Romania, tasked with overseeing the company's expansion in the country.
The non-performing loan (NPL) rate in the Romanian banking sector reached 2.81% at the end of June 2025, up from 2.53% in March 2025, also up from the 2.49% rate.
ArcelorMittal has announced the indefinite suspension of production at its steel factory, with operations set to halt from September 5.
Morphosis Capital Partners, a growth capital fund, has successfully closed its second fund, Morphosis Capital Fund II, at €130 million.
Luka Zivkovic has been appointed as the new GM of Bonapp, the app supporting the reduction of food waste, following its merger with Munch earlier this year.
Symmetrica, the Romanian maker of vibro-pressed pavers and kerbs, has appointed Liviu Stoleru as its new CEO.