Shareholders of Purcari winery (BVB: WINE) placed offers to sell 21.1% of the total number of shares to the Polish group Maspex, on the first day of the takeover bid organised by the latter for 98.4% of the winery's shares, according to
Niro Investment Group, one of the biggest Romanian business groups, with experience in real-estate investments, asset management and development, and Business Hotels Investment, member of Niro, have officially started construction works on a new hotel project in Bucharest, on Expozitiei Boulevard. Following an estimated investment of 60 million euro, the...
The post Real-estate investment worth approx. 60 million euro. Niro Investment Group starts work on a new hotel, in strategic partnership with Accor appeared first on Nine O' Clock.
Shareholders of Purcari winery (BVB: WINE) placed offers to sell 21.1% of the total number of shares to the Polish group Maspex, on the first day of the takeover bid organised by the latter for 98.4% of the winery's shares, according to
Romania's last operating fertilizers producer, Azomures, owned by Swiss Ameropa but eyed for takeover by Romgaz, resumed operation at 30% capacity after an outage of nearly one year caused by high raw material (natural gas) prices. At the beginning, the plant started producing ammonia, which is a precursor to the manufacture of complex fertilizers. Ameropa […]
JW Marriott Bucharest Grand Hotel is delighted to introduce BBQ Nights at OLEA, a weekly culinary celebration that brings the soul of Levantine charcoal tradition to the heart of the city. Held every Thursday evening, the garden of OLEA is transformed into a vibrant, open-air grill terrace, where authentic Middle’teranean flavors meet refined hospitality under […]
Square 7, part of the international property group M Core, has announced the development of a new M Park retail center in Orăștie, continuing its expansion strategy across Romania. The project is being built on a 23,000 sqm plot acquired in April 2024. Construction is already underway, with the opening scheduled for November 2025. The […]
The Romanian Constitutional Court (CCR) unanimously rejected president Nicușor Dan’s challenge to a law seeking harsher punishment for fascist, legionary, antisemitic, or xenophobic materials. The law, which amends Emergency Ordinance no. 31/2002, will now proceed to promulgation. One of the most significant changes introduced by the legislation is the...
Romania’s Permanent Electoral Authority, or AEP, imposed fines totaling over RON 1.6 million (EUR 320,000) and confiscated more than RON 19.5 million (EUR 3.9 million) following audits of political party and campaign financing for 2024–2025. The largest fine, EUR 40,000, was issued to former independent candidate Călin Georgescu, who violated several legal provisions, while the […]