Finas Group, a Cluj-based company operating in the renewable energy sector in Romania, and DRI, the EU renewable arm of DTEK Group, the largest private energy investor in Ukraine, announce a new stage in their strategic partnership. The two companies […]
The European Bank for Reconstruction and Development (EBRD), in tandem with private equity fund managers CEECAT Capital and Morphosis Capital, is supporting the expansion of Romanian food retailer La Cocos. The EBRD’s €10 million equity investment, plus that of its […]
The first 6 months of 2024 marked an improvement of UNIQA’s results in Romania, with significant increases in the non-motor insurance and life insurance segments. The total volume of gross premiums written between January and June 2024 reached the level […]
Back-to-school spending is likely to remain unchanged this year, as 73 percent of parents are concerned about rising prices for everyday purchases, so low and middle-income ones are planning to spend less for this purpose in 2024, by 4 percent […]
The demand on the Bucharest hotel market in the first half of the year compared to the same period of 2023 had experience an increase of 3 percent, however, it remained below the 2019 level, according to data from the […]
The first half of 2024 in the land market witnessed more the completion of transactions that had been initiated some time ago, rather than the start of new negotiations, as investor interest in land acquisitions remained relatively limited, according to […]
IMPACT Developer & Contractor (Impact) achieved revenues of 98 million RON at group level in the first semester of 2024, up 65 percent compared to the same period last year. The gross profit recorded is 30.9 million RON, 68 percent […]
NEPI Rockcastle recorded a 13.5 percent increase in net operating income in the first half of 2024 compared to the same period in 2023. Thus, in the first six months of 2024, the amount of net operating income reached 274 […]
PENNY Romania announces the start of work on the newest warehouse in the country, located in Mihăilești, Giurgiu County. With an investment of 35 million euros, this will be the fifth PENNY warehouse in Romania, after those in Ștefănestii de […]
PeliPartners assisted Immofinanz AG in the sale of myhive Victoriei (formerly known as Bucharest Financial Plaza) to AFI Europe, in a transaction of over 27 million Euro. The property was sold together with the corresponding building permit for the conversion […]
