VAT Romania, a high-performance vacuum valve supplier part of the VAT Group, has officially opened a new 21,000 sqm production facility within VGP Park Arad.
Industrial developer VGP has delivered and has in the construction phase several warehouses across Romania.
The new 21,000 sqm facility will feature state-of-the-art manufacturing technologies, attractive offices and an employee canteen.
Romania posted in November in the highest inflation rate in the European Union, according to statistical office Eurostat.
DP World has expanded its operations in Romania with two new mobile harbour cranes and a 119,000 sqm multimodal terminal platform at Constanța South Container Terminal.
Romania's Competition Council has fined three companies a total of RON 135.2 million (€26.6 million) for anti-competitive agreements in the heated tobacco products market.
Ebury, the global fintech specialising in international payments and FX risk management, has appointed Cosmin Bucur as its new Country Manager for Romania.
Croatia, Czech Republic, Hungary, Poland, Romania and Slovakia have recorded an 18% increase in banking assets between 2021 and 2024.