The Competition Council announced on Friday that it analyzes the transaction by which Italians from AFV Acciaierie Beltrame SpA intend to take over the stock belonging to COS Targoviste which is now in judicial reorganization. Functional stock that is part of the transaction includes real estate assets, equipment needed for the production activity, and other activities. COS Targoviste is the only manufacturer of concrete steel in Romania. The company was in the portfolio of the Russian group Mechel and is now controlled by Mazur Investments Ltd, an offshore from Cyprus with over 86% of shares. Beltrame Group, a company activating in the steel industry, with branches in Italy, France, Germany, Romania and South America, a European leader in the manufacture of commercial laminated bars and profiles, offered 38.3 million euros for COS Targoviste shares. COS Targoviste is now in judicial reorganization procedure, production activities stopping in 2019. In Romania, AFV Group Beltrame acts by means of Donolams, which own and operates the production unit. The group also includes Beltrame, a newly setup company.
Update: After the counting of the almost 590,000 votes cast in Bucharest, Liberal (PNL) candidate Ciprian Ciucu won the elections for general mayor with 36.1% (over 211,000 votes), holding a lead of more than 14 percentage points over the runner-up. Anca Alexandrescu (21.94%), the candidate...
The exit polls published on Sunday, December 7, at 9 PM, give Ciprian Ciucu as the winner of the elections for Bucharest's new general mayor. The candidate backed by the center-right National Liberal Party won 32.7% of the votes, over 6% ahead of Daniel Băluță, who was backed by PNL’s coalition partner, the Social Democratic […]
Close to 1.8 million Bucharest residents are expected to cast their ballot on Sunday, December 7, to elect the city's next mayor. The post has been vacant since Nicușor Dan was elected president this May. He had secured a second mandate as mayor of Bucharest in June 2024, having won over 48% of the votes. […]
I am a bit late to the party, but I have thoughts (and concerns) on Radu Jude’s much talked-about Dracula, and even more thoughts (and compliments) on other films that I fear might have gone under the radar a bit. Let’s go! There is no more recognizable marketing asset for the local tourism (and no […]
Waterdrop®, brandul european care a redefinit experiența de hidratare prin soluții sustenabile și design minimalist, lansează în România colecția AO26 în Ediție Limitată, inspirată de dinamica și ritmul inconfundabil al Australian Open. Noua colecție aduce în prim-plan produse create pentru cei care își doresc hidratare de nivel profesionist în viața de zi cu zi, de […]
The 33rd edition of Concerto di Natale, held on December 13, 2025, at the Auditorium Conciliazione in Rome, will feature Romanian artists Stephanie Radu and Alin Stoica. The concert, a Christmas emblem, brings artists from all over the world before the international public. Soprano Stephanie Radu will perform two special moments, namely “Regalo di Natale,” her […]
