On December 31, 2024, the supply companies PPC Energie and PPC Energie Muntenia, part of the PPC Group in Romania, merged. The unification of the supply companies into a single legal entity marks a strategic step to optimize the electricity […]
Rising average incomes outpacing price growth has improved housing affordability in Romania, setting it apart from other Central and Eastern European (CEE) countries such as Poland, the Czech Republic, and Hungary, where prices and rents have experienced significant increases, according […]
International Workplace Group (IWG), leading provider of hybrid working solutions with brands such as Spaces and Regus, is opening a flexible workspace in Bucharest. Located in the Vastint Business Garden building, this new location is part of International Workplace Group’s […]
Romgaz launched a tender for the purchase of an integrated IT platform for 8.8 million RON necessary for contracting and invoicing gas and electricity for household customers, covering an “unlimited” number of consumption places. The platform is expected to be […]
Ahold Delhaize announces today that Mihai Spulber (photo right), currently SVP Operations and Supply Chain at Mega Image, will assume the role of Brand President at Profi effective July 1, 2025. This announcement follows on the decision of current Brand […]
The Ministry of Energy stated on Wednesday that the future export, after 2027, of a quantity of natural gas from the Neptun Deep perimeter, by OMV Petrom to a major company in Germany, represents a natural step within a project […]
Premier Energy announces that its Navitas subsidiary in the Republic of Moldova has successfully completed the development and construction of a 10 MW photovoltaic power plant near the town of Cismichioi in Moldova at a total cost of approximately 380,000 […]
The global financial market is bracing for a potential currency war in 2025, driven by fears that China may devalue the renminbi in response to escalating trade tensions with the United States. Such a move could trigger a wave of […]
Ahold Delhaize announces the completion of its acquisition of Romanian grocery retailer Profi Rom Food SRL (Profi) from MidEuropa for approximately 1.3 billion euros Enterprise Value. The acquisition doubles Ahold Delhaize’s retail footprint in Romania, which currently operates nearly 1,000 […]
The companies PPC Energie and PPC Energie Muntenia, part of the PPC Group in Romania, have merged as of December 31, 2024. This merger marks an important step in the strategy of the PPC group of companies in Romania, with […]
