The Polish fashion retailer signed its original lease at CTPark Bucharest West for 65,000 sqm in 2023 to create its first foreign distribution centre in Romania.
PP's total footprint at the Park to around 90,000 sqm with the new facility comprising 40,000 sqm with the remainder of the building being used as an LPP distribution centre.
The European Investment Bank (EIB) reveals that 78% of Romanian firms invested in the past year, up from previous editions but still below the EU average of 86%.
More than half of households globally (57%) are worried about annual broadband price increases and think these increases are unfair and unreasonable (60%), according to the latest EY decoding the digital home study.
Romanian employees are among the least likely to use artificial intelligence at work, with only 44% reporting AI usage in the past year compared to a global average of 57%, according to a PwC survey.
UBM Feed Romania has rebranded as Protena following a shareholding restructure that sees East Grain Group and Poultry Investment.
Samsung Electronics has announced the appointment of Jaesung (James) Kim as President of Samsung Electronics Romania and Bulgaria (SEROM).