Romania is regionally competitive and is strengthening its position in increasing the number of ”new entries” companies. Bucharest, 12 October 2023: CBRE, the global leader in real estate consulting, appoints Marius Scuta as Head of Business Development at CBRE, as part of the company’s strategy to strengthen its position...
Romania sent 1,700 tonnes of honey to countries outside of the EU in 2023, which makes it the European Union’s third-largest honey exporter after Spain (7,100 tonnes) and Germany (5,500 tonnes), according to recent data from Eurostat. Last year, EU member states imported 163,700 tonnes of natural honey from extra-EU countries, worth EUR 359.3 million....
Braşov Court of Appeal in Romania, which handles the case of fugitive businessman Paul Philippe of Romania, notified the Court of Justice of the European Union about Malta's extradition refusal, according to B1 TV station. Paul Phillipe has a final 40-month jail sentence to serve in Romania...
The clothing retailer H&M registered a business of RON 1.32 billion (EUR 264 million) last year in Romania, up 35% from the RON 976 million in 2022. It is the second time that the Romanian branch of the clothing retailer exceeded the RON 1 billion threshold, Economica.net reported. The last time this happened was in […]
The Romanian competition body Consiliul Concurentei authorized the transaction by which Abatorul Periș, the largest pig and pork processor in the southeast of Romania, takes over three regional meat processing and marketing units owned by the local entrepreneur Alin Zamfira through the Cathedral Group. The target companies are Almado Total Distribution, Cathedral Distribution, and Policalita,
The pretzel and viennoiserie chain LUCA, which reached over 140 units in Romania, is launching in Poland, with the first store to be opened in downtown Warsaw. This is the first Romanian chain of this kind to expand abroad after the Romanian cafes ‘5 to go’ and the restaurant chain Salad Box launched on foreign […]
OMV Petrom (BVB: SNP) announced it commissioned a new crude oil tank, the largest in Romania, on the Petrobrazi refinery platform “to ensure the smooth operation of the refinery in safe conditions and to ensure the fuel stocks necessary to supply the market in Romania and the region.” “The [green] transition will not happen overnight, […]
