Eltra Logis' decision to change its business focus to the pharmaceutical industry was driven by major challenges in the textile sector in Romania.
Morphosis Capital Partners, a growth capital fund, has successfully closed its second fund, Morphosis Capital Fund II, at €130 million.
ArcelorMittal has announced the indefinite suspension of production at its steel factory, with operations set to halt from September 5.
Energy group PPC has launched a fast-charging solution that operates on 100% renewable energy.
Luka Zivkovic has been appointed as the new GM of Bonapp, the app supporting the reduction of food waste, following its merger with Munch earlier this year.
Symmetrica, the Romanian maker of vibro-pressed pavers and kerbs, has appointed Liviu Stoleru as its new CEO.