Energy | 15 January, 2025 at 2:09 PM
JT Grup Oil buys largest bunker tanker, Delta Oil
Turning this barge into a floating terminal is a major step for Romania in strengthening energy independence and expanding regional infrastructure.
Turning this barge into a floating terminal is a major step for Romania in strengthening energy independence and expanding regional infrastructure.
A €3 million investment in consultancy, production hall upgrade, high-performance equipment, and working capital positions Rafinor as a national leader in the field.
Romania recorded commercial real estate transactions worth around €730 million in the past year, up by 47% compared to 2023, according to a report by iO Partners.
With this new location, Floria strengthens its position in the florists market, targeting a segment of customers who value attention to detail and personalized services.
Danube Wine Collection is Sarom Packaging's premium reply to the industry standardization trend.
Over the long term, the company plans to resume its expansion and development strategies, with the goal of expanding its operational area from 16,300 hectares to 36,000 hectares.
Ahold Delhaize has completed the acquisition of Romanian food retailer Profi Rom Food SRL (Profi) from MidEuropa for approximately €1.3 billion, the Belgian retailer announced in a press release.
This year, the company will construct 140 single-family houses and expects to generate revenues exceeding €14 million.
Altex Romania retailer has purchased DIY network Brico Dépôt Romania from Kingfisher in a deal worth €70 million. The closing is expected to take place in H1 2025.
With 14 startups funded, over 100 women engaged, and a commitment to transformative innovation, WIT Angels Club solidifies its role in bridging the gender wealth gap.
On a monthly basis, Sphera restaurants in Romania serve over 4 million consumers.
The distribution network was upgraded by replacing about 8.8 km of cables and more than 1,800 switchboards.
The company continues to heavily invest in research and development, focusing on the Nemesis AI platform.
The total volume of investments from six CEE countries reached €5 billion in the first three quarters of 2024, and next year the regional real estate investment market could exceed €10 billion, according to a Colliers report.
FieldOS was founded in 2021 by Cristian Dragomir and Ion Gavrilescu and serves as a digital one-stop shop for managing field employees and their resources.
Sanprod's client portfolio includes major players in the construction of warehouses, logistics centers, factories, malls, DIY stores, and residential buildings.
Praktiker Real Estate, the property company owned by Turkish investor Omer Susli, has purchased the Muntenia Business Center offices, in central Bucharest, from Longshield Investment Group for €8 million.
The lack of real digitization and transparent communication from state institutions throughout 2024 only demotivated taxpayers to invest their financial resources.
In May, Hesburger entered the Romanian market with its first restaurant in Râmnicu Vâlcea.
The works will consist of the construction of two new medium voltage lines that will have a length of 13.5 km.
The current conflict in Iran may only have a marginal impact on the global economy, according to an opinion by stock exchange broker Investimental.
Romanian energy company Simtel Team has appointed Petre Stoian as CEO to consolidate its management structure as the group expands its operations.
The Romanian government has adopted an emergency ordinance for administrative reform that officially recognises what specialists have long signalled: public administration is oversized, fragmented and financially unsustainable, according to an opinion by PwC Romania experts Dinu Bumbăcea and Cristian Cortez.
Romania continues to lag significantly behind the European average regarding the modernisation of its rail infrastructure.
Romania's Ministry of Finance has announced a new spring edition of its Tezaur government bond programme, offering citizens attractive investment opportunities with annual interest rates reaching 7%.