Filip & Company law firm has assisted Mozaik Investments in the sale of a minority stake in 5 to go to the investment funds Invenio Partners and ACP. This transaction will result in both shareholders – Radu Savopol and Mozaik […]
Brico Dépôt Romania announces that it will transition to new ownership under Altex Romania. Kingfisher has announced the sale of its Brico Dépôt Romania business to Altex Romania for an enterprise value of 70 million euros. The transaction includes Brico […]
The Simply by Auchan convenience store network reaches the threshold of 10 units opened in the first six months of its launch, with the most recent stores being inaugurated in Pitești and Buzău. The 10 convenience stores operate in both […]
Bucharest is adding a new top culinary destination, with the launch of Zeno Herăstrău restaurant, which replaces the previous Zexe Herăstrău. Inaugurated on December 15, it brings to the forefront a gastronomic concept that celebrates global culinary diversity, while preserving, […]
Carrefour Romania reaches 178 Express units nationwide in 2024, by opening 16 integrated stores and six franchise stores. The entire proximity network is served by 144 integrated stores (including stores acquired following the acquisition of Romania Hypermarche), and 34 franchise […]
Signal Iduna has initiated the process of evaluating the existing opportunities in the motor third-party liability insurance (RCA) market in Romania, considering the current dynamics of this sector. The current market context, along with the trends of consolidation and transformation, […]
Opinion by Aldous Mina, lead consultant and managing partner of Premier Global Council Group LLC, a global network of market entry consulting group. The PGC Group LLC, operates in various countries assisting multinational organizations in developing a local presence in […]
Renewable energy provider Enery announces the successful signing of a 214.45 million euros bank loan facility with UniCredit Bank, Banca Comercială Română and Erste Group Bank AG to support the development and consolidation of its renewable energy projects in Romania. […]
NEPI Rockcastle announces it has started the permitting process for the development of Galati Retail Park, a mixed-use scheme in Galati, which includes 40,900 sqm of retail and 21,500 sqm of residential units. The expected date for obtaining the building […]
RIVUS, the industrial reconversion and urban regeneration project proposed by IULIUS in Cluj-Napoca, is currently in the building permitting phase and Cluj-Napoca. The investment estimated upwards of 500 million Euro by companies IULIUS and Atterbury Europe will include Auchan as […]
