Cement and prefabricated producer Holcim Romania has announced the acquisition of General Beton Romania, a leading local concrete producer and trader, as the transaction received the approval of the competition authority.According to a press statement by the company released on Friday, with the acquisition of General Beton Romania, the network of Holcim Romania concrete plants reaches 27, located in the counties of Arad, Constanta, Iasi, Brasov, Cluj, Craiova, Oradea, Ploiesti, Satu-Mare, Sibiu, Targu-Mures, Timis, and in Bucharest City.General Beton Romania SRL is a leading local concrete maker and trader, with experience and expertise of over 24 years in Romania. The company currently has eight concrete plants in main cities. In 2021, the company reported a turnover of about 33 million euros and a workforce of 160 employees.The Holcim Romania group of companies includes Holcim Romania (two cement plants in Campulung and Alesd, a grinding station, 27 concrete stations, three aggregate stations, two special binder stations and three cement terminals), Somaco Grup Prefabricate (five prefabricated factories and one BCA factory ) and Geocycle Romania (three outlets for waste pre-treatment).The company has about 1,700 employees in all.
Bucharest’s District 3 City Hall will once again organize a special New Year’s Eve event in Titan Park, with a program of live concerts, multimedia shows, and even a simulation of the Northern Lights. The event, set to begin at 8:00 PM on December 31, will focus on the theme of infinity. “If you missed […]
Traffic on Lot 1 of the A7 Ploiești-Buzău highway, stretching 21 kilometers in southern Romania, was officially opened on Monday, December 23. With this opening, 102 kilometers of the total 320 kilometers of the highway are now usable. The Moldova Highway, as it has been called, is meant to connect Romania's economically underdeveloped eastern regions to […]
The Dutch technology investor Prosus NV, also the majority shareholder of Romania’s largest online retailer eMAG, is set to buy the online travel agency Despegar.com Corp, focused on Latin America, for approximately USD 1.7 billion. The purchase consideration will be funded from existing cash resources, the company said. Founded in Argentina in 1999, Despegar is one […]
The new Forestry Code, which passed the Parliament vote on December 17 and was signed into law by president Klaus Iohannis on December 20, includes provisions that protect all forests in Ilfov, the county surrounding Bucharest, making them the cornerstone of the future green belt around the capital city. Moreover, it legislates green belts nationwide, […]
Bucharest’s Police will be equipped with 100 state-of-the-art drug detection devices as part of a new initiative by the Capital City Hall, mayor Nicușor Dan announced. The acquisition has been completed, and the first 50 units have already been delivered to the authorities. According to mayor Dan, the devices, equipped with cutting-edge technology, can detect […]
Hotel International Băile Felix, in western Romania, will enter the Mercure brand after a franchise contract with French multinational hospitality Accor. According to the managing company behind the hotel, the publicly-traded Tourism Felix SA (TUFE), the approval of the franchise contract by the company's Board of Directors represents an essential first step towards sustainable development. […]
