eMAG announces investments of RON 900 million in 2024
In 2023, eMAG Romania recorded a turnover of RON 5.979 billion, an increase of 11% compared to the previous year.
In 2023, eMAG Romania recorded a turnover of RON 5.979 billion, an increase of 11% compared to the previous year.
The project included the expansion of the departures terminal by approximately 7,200 square meters, the creation of flows for Schengen and Non-Schengen destinations.
Investment in production machinery and military equipment in Romania increased by 80% last year compared to the pre-pandemic period.
The value of the tender is RON 41.8 million, and the beneficiary of the work is the company Rețele Electrice Dobrogea.
This special equipment is designed and executed for operation at considerable temperatures and pressures, in an environment with the presence of hydrogen.
In the next five years, those who delay adopting AI solutions risk being overtaken by companies that embrace these technologies now.
The U.S. - Romania Economic Forum: Partnership for Growth will gather officials from both administrations and leaders of American companies in Romania.
The initiation of the project to extend the M4 metro line from Străulești to Gara de Nord, and onward to Gara CFR Progresul, promises new development prospects in southern Bucharest.
The planned €24.7 million investment will give the fund a majority stake in Sescom, once the current majority shareholders acting in concert have, i.a., completed a squeeze-out.
Following a two-year period of continuous expansion, the global luxury retail market witnessed an expected decelaration in 2023.
New Electric Arc Furnace will deliver huge environmental and competitive advantages.
Investments mark 20 years of DP World in Romania, with the business predicting it will become an increasingly important hub for European trade.
Building A covers an area of 25,950 sqm and has already two significant tenants, who have signed lease contracts for a total of 8,158 sqm.
The three Rețele Electrice companies initiated a public tender on the SEAP platform, with a maximum cumulative value of around RON 190 million.
Tavex experts recommend holding investment silver for at least five years to achieve a return above the rate of inflation.
The portfolio comprised almost 1,800 loans, showcasing the scale and diversity of the assets involved.
Sale of private healthcare provider to the American Heart of Poland Group, backed by Gruppo San Donato Italy and GKSD Srl, will deliver an outstanding return to Abris investors.
The announcement marks the completion of a €16 million investment by Indotek that created a premier mass-market destination for international retail brands.
Half of the real estate companies in Central Europe (49%) estimate investment to increase this year and only 19% expect a decrease (down from 51% in 2023).
The top real estate segments attracting the most investments are retail, hotels second and industrial third.
The Romanian Ministry of Finance successfully raised €4 billion on October 2 in its final and most successful Eurobond issuance of the year.
Tech giant Apple announced a significant expansion of its clean energy projects across Europe, including a long-term agreement to procure power from a 99MW wind farm in Romania.
The Romanian mergers and acquisitions (M&A) market reached €4.2 billion in the first nine months, a 7% decrease from the same period last year.
CEC Bank and the Investment and Development Bank (BID) have signed a landmark agreement to provide individual guarantees for public sector entities in Romania.
Investors in Central Europe are optimistic about the upcoming months, according to the latest Deloitte Central Europe Private Equity (PE) Confidence Survey.