Alpha Bank Group has provided a €175 million financing to the British M Core for the acquisition of several shopping centres in Romania.
Romania is bracing for a period of economic stagnation in 2025, with growth forecasts significantly dampened by new fiscal austerity measures.
Maspex Romania has initiated the voluntary takeover bid for the majority of Purcari Wineries shares on the Bucharest Stock Exchange.
Construction materials supplier Saint-Gobain Romania has appointed Jakub Kotala as its CEO starting July.
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.
Artesana, the Romanian artisanal dairy producer, has announced a strategic partnership with investment fund Booster Capital.