Sphera Franchise Group, the largest group in the food service industry in Romania, ended the first nine months of 2024 with record sales of over 1.14 billion RON, 6.4 percent higher than the same period last year. The normalized net […]
PPC Group presented its updated targets in its Strategic Plan for the period 2025-2027, which includes investments of 10.1 billion euros in the three-year period, mainly in RES, networks, flexible generation, as well as new customer solutions in Greece and […]
Schneider Electric has significantly scaled the manufacturing and production capacity of its Barcelona prefabricated data center factory – increasing it from 7,000 sqm to 12,000 sqm in response to accelerated customer demand for prefabricated, high-compute workload data center solutions. Headquartered […]
VGP, a European provider of logistics and semi-industrial real estate, has leased a 4,580 sqm space to Rondocarton Romania at VGP Park Timișoara for storage operations. Rondocarton will conduct its storage operations in the newest building at VGP Park Timișoara, […]
The first three quarters of 2024 saw positive developments in Romania’s industrial and logistics real estate sector. Total rental demand reached 520,000 square meters from January to September, marking an 8 percent decrease from the same period last year, according […]
ALRO, one of the largest vertically integrated aluminium producers in Europe, measured by production capacity, announces today its consolidated financial results for the nine months ended 30 September 2024. The Group’s turnover increased by 13 percent (Q1-Q3 2024: RON 2.54 […]
Transelectrica recorded a net profit of 410 million RON, up 99 percent in the first nine months, according to the financial report submitted to the Bucharest Stock Exchange. The segment of activities with permitted profit registered a positive result in the […]
Nuclearelectrica (SNN) and Framatome signed the collaboration agreement for the production of the medical isotope Lutetium-177 (Lu-177) at the Cernavodă nuclear power plant in Romania. Lutetium-177 is used for a range of vital cancer treatments. Lutetium-177, crucial in advanced oncology […]
AQUILA, market leader in the field of integrated distribution and logistics services for consumer goods in Romania and the Republic of Moldova, ended the first nine months of 2024 with revenues of nearly 2.1 billion RON, marking a 20 percent […]
BASF has received funding approval from the German Federal Ministry for Economic Affairs and Climate Action for the construction of the world’s most powerful industrial heat pump. In the coming months, the company will be able to start the preparatory […]
