Economy | 17 September, 2024 at 10:56 AM
DHL Express adds aviation capacity and prepares for demanding 2024 peak season
Investment of more than €100 million to increase shipping capacity in the fourth quarter of 2024.
Investment of more than €100 million to increase shipping capacity in the fourth quarter of 2024.
The new round, worth $1,000,000, was led by the Czech fund Soulmates Ventures. Early Game previously invested in Youni, through Early Game Fund I.
Romanian developer Iulius is investing €40 million in the expansion of Iulius Mall Suceava that will increase the leasable area of the project to 60,000 sqm.
The event marks an important moment in the company's development, which aims to offer innovative products and solutions for durable construction.
The network in the area will be extended by more than 32 km for the medium-voltage segment and by another 8 km for the low-voltage segment .
In the next phase, the expansion of the logistics and production center in Romania involves investments in machinery and process automation.
TechAngels members' investment intent for the second semester is €1.8 million, almost double the H1, a similar trend to last year.
Recent bilateral meetings with Türkiye's VP which took place in May 2024 showed that Türkiye's direct investments in Romania have reached $7.5 billion.
The future owners have announced plans for improvements to the resort, with the goal of re-opening it as a luxurious 5-star property and welcoming its first guests in 2025.
The total value of the tender is almost RON 70 million, while the value of the project is RON 74 million, of which RON 57.7 million will be provided by the Modernization Fund.
Leading architecture firms from Great Britain and Romania played a key role in bringing the Café Athénée project to life, blending international expertise with local flair.
The country's energy landscape has shifted considerably since 2022, following the conflict in Ukraine.
With this strategic investment, the company reduces its CO2 emissions by 150 tons annually.
Romania's commercial investment transaction volume could hit €1 billion this year considering the amount of deals close to completion, according to a report by Colliers.
In the pharmaceutical industry, in silico research is emerging as a game-changer.
In the African market, Qoobiss will distribute Origin, an innovative global platform for the complete digitalization of customer interaction
Investors originating from Belgium had the biggest share in Romania's commercial property sector in the first eight months, according to a Fortim Trusted Advisors study.
Romanian investors have bought office buildings, hotels in smaller towns or mountain resorts, two small shopping centers and portfolios of shops on the street.
The purchase of modern equipment will significantly contribute to increasing protection against overloads and short circuits.
Founded in 2014, La Cocos is a Romanian discount retailer currently operating three locations in Ploiesti and Bucharest.
Food Angels Hub, Romania's first investment community dedicated to the food sector, has launched with a mission to develop and scale companies operating in food production, hospitality, and food-related technology.
Beyond Space has released a study on the state of flex offices in Romania, introducing a classification system for coworking and flexible spaces.
Romanians are preparing for a holiday season with higher budgets compared to last year. According to a study by Raiffeisen Bank in partnership with Appinio, 65% of respondents expect higher Christmas spending in 2025, while approximately one in four Romanians (26%) estimate similar costs to 2024.
Despite 68% of Romanians claiming familiarity with sustainability, only a quarter consistently use it in daily decisions.
Athens-based architecture firm Bobotis+Bobotis Architects has officially entered the Romanian market, marking a step in its international growth strategy.