Romanians are being more cautious with their Christmas spending this year, preparing fewer or lower-value gifts to place under the tree, amid end-of-year uncertainties. According to a national survey conducted by tbi bank on a sample of 1,171 respondents, 6 […]
Consumption levels reached an all-time high in 2024, with the retail market showing significant potential for further growth if current trends persist, according to Colliers experts in their analysis of the sector. Eurostat data reveals a 13 percent year-on-year increase […]
Bosch is selling its Building Technologies division’s product business for security and communications technology to the European investment firm Triton. The transaction encompasses three business units – Video, Access and Intrusion, and Communication – and thus the entire product business […]
Rețele Electrice România has launched a 23 million lei public tender through the SEAP platform, aiming to acquire remote control peripheral units for medium and low voltage networks, in order to maintain the energy infrastructure at modern standards. “The new […]
SOCOT, a provider of professional engineering services for infrastructure, complex hydro-technical works, civil and industrial works, road and bridge construction, has started a process of expanding its production capacities for ironworks, a segment which developed in an accelerated manner after […]
Delgaz Grid has completed an investment of over 56 million RON for smart metering for customers in Iași. Over 10,000 smart meters have been installed by the company. The distribution network has been modernized by replacing approximately 8.8 km of […]
Investors seem optimistic about the outlook for the global economy, with 51 percent of respondents to a PwC survey expecting growth next year. Cyber risks and geopolitical conflicts top the list of threats perceived by investors in this edition, compared […]
The European Commission announces today’s unanimous decision by the Council to lift internal land border controls with Romania and Bulgaria as of 1 January 2025. This important step completes the full entry of both countries into the Schengen area. Today’s […]
A journey into the refinery’s past and present Over 45 years ago, Petromidia began writing its history on the seashore, in Năvodari. The decision to locate the refinery was made after a helicopter flyover, determining that the current location met […]
Leroy Merlin Romania, one of the leading players in the DIY market, has leased 8,800 sqm within CTPark Bucharest West, strengthening its logistics operations in one of Europe’s most significant industrial hubs. Leroy Merlin, part of the French ADEO Group, […]
