PENNY Romania ended 2024 with a turnover of over 9.4 billion lei, representing an increase of 13.47 percent compared to the previous year. The company invested over 868 million lei, the equivalent of over 177 million euros, in the expansion […]
ALRO, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, has invested 8 million RON in a new aluminium plate cutting saw. “This investment is yet another step in advancing ALRO’s capabilities to supply highly […]
Redport, one of the most active local residential developers, together with businessman Dan Șucu, founder and shareholder of Mobexpert Group, announce the launch of Vitality Est. The new residential project will be developed in the Pantelimon area of the Capital, […]
North Bucharest Investments – NBI, a leader in premium real estate consultancy, has launched its rental division – NBI Rentals, which has a portfolio of over 400 apartments and houses. The division’s portfolio comprises a diverse range of properties, including […]
Verbund Wind Power Romania, the Romanian subsidiary of Austrian energy company Verbund, has acquired a fully developed wind project from Monsson, a multinational renewable energy solutions group specializing in wind and solar energy, energy storage and green hydrogen. The wind […]
TenarisSilcotub, the leading Romanian manufacturer of small diameter seamless pipes, announces the completion of construction works on its 20 MW photovoltaic park, following an investment of 21.5 million USD. The project was financed from its own funds and with the […]
Symmetrica, the leader of the local market for vibro-pressed pavers and curbs, recorded a turnover of 317 million lei (63.7 million euros) last year, up 22 percent compared to 2023. Symmetrica’s business expansion was boosted by the investments in increasing […]
COSMO PHARM, one of Romania’s leading dietary supplement producers, has launched a new laboratory for supplement research and production, built to the highest European and international standards (GMP – Good Manufacturing Practices). The 2 million euros investment is part of […]
Handwritten Collection, part of Accor Group, announces the opening of Bucharest Unirii Square – Handwritten Collection hotel, marking the brand’s debut in Southeast Europe. Bucharest Unirii Square – Handwritten Collection offers 88 rooms, curated gastronomic experiences, and a welcoming ambiance with touches […]
Leading energy groups RWE and PPC continue to forge ahead with Greece’s energy transition through their joint venture company Meton Energy S.A. The company has taken the final investment decision for the construction of two large-scale photovoltaic (PV) projects in […]
