Pehart Grup, a producer and processor of paper products for household use in Romania and one of the largest companies producing tissue paper in South-Eastern Europe, controlled by the private equity fund Abris Capital, entered the Away from Home (AfH) segment of the market after investing EUR 8mn in a new conversion line.
The new products were launched under the Sovio brand, which will initially bring together 18 products, including paper towels of different sizes and shapes, paper sheets...
The National Anti-Corruption Directorate (DNA) conducted a series of raids on Tuesday, July 22, as part of a criminal investigation into alleged corruption involving Cristian Popescu Piedone, the head of the National Authority for Consumer Protection (ANPC). Prosecutors suspect Piedone of tipping off a business in advance of an inspection, according to Biziday.ro. The investigation...
Social Democratic Party (PSD) president Sorin Grindeanu has firmly denied rumours that the party intends to leave Romania's ruling coalition, dismissing such claims as baseless and criticising those spreading them. His statement came during a press conference on July 21, amid growing internal tensions over the government's fiscal decisions, particularly the suspension of funding for […]
Romanian prime minister Ilie Bolojan has offered assurances that public investment projects already in advanced stages under the Anghel Saligny National Programme will continue, despite the government’s decision to halt broader funding for the scheme due to budgetary constraints. His statement was made during an interview on B1 TV on July 21, following a wave […]
The Social Democratic Party (PSD) of Romania will propose a new 0.5% turnover tax to apply to companies that currently pay profit tax, PSD president Sorin Grindeanu announced during a press conference on July 21, Economica.net reported....
The chain of medical clinics operated by the European medical group Affidea expanded to 74 after it acquired three new clinics in Otopeni, Miercurea Ciuc, and Braila. The national chain now covers 32 cities, according to a group's press release. "The Affidea Romania investment plan for 2025 will exceed EUR 100 million, which will be […]
Romania’s Ministry of Finance has launched a coordinated inter-institutional initiative aimed at building a national portfolio of investment projects that can be developed through public-private partnership (PPP) mechanisms, the ministry announced on July 21. The programme seeks to identify projects with significant economic and social impact that can attract private capital and expertise. Finance minister […]
