Tei Group, a major player in the Romanian pharmaceutical retail and Paval Holding, the investment vehicle controlled by Dragosand Adrian Paval - founders of Dedeman DIY stores, announced the conclusion of a partnership under which Pav?l Holding takes over a 30% package of Tei Pharmacy and Bebe Tei. The value of the transaction was not disclosed. Local entrepreneur Roxana Maftei founded Tei Group. Clifford Chance Badea, the local office of global law firm Clifford Chance, advised Grupul Tei, while KPMG Legal advised Paval Holding. "Beyond its financial capacity, Paval Holding will contribute with its experience in the development of a network of physical stores, as well as its expertise in efficient financial management. Through this partnership, the Tei Group aims to move to the next stage of its evolution, benefiting as much as possible from the know-how, scalability, but also from the financial solidity that Pav?l Holding brings," Roxana Maftei said, Wall-street.ro reported. Tei Pharmacy and Bebe Tei are businesses with local capital that have registered a remarkable evolution in recent years. Founded in 1992, Tei Pharmacy specializes in pharmaceutical retail.
The office building of the former tire manufacturer Banloc-Goodrich in central Bucharest will be demolished for the construction of the Holocaust Museum, Profit.ro reported. The investment, valued at EUR 54.2 million, is partly covered by the EU-backed Recovery and Resilience...
One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a turnover of 236.3 million euros in the first nine months of 2025, up 13% year-on-year (YoY), and a gross profit of 84.8 million euros, up 20% YoY, while the net profit stood at 70.3 million euros, up […]
Famed Romanian composer Horia Moculescu died on Wednesday, November 12, at the age of 88. The composer, pianist, and performer was born on March 18, 1937, in Râmnicu-Vâlcea. At the age of six, he learned to play the accordion. He attended secondary school in Turda at the Boys’ High School (now the “Mihai Viteazul” National […]
Romanians shift priorities: Health, Culture, and Hobbies take the lead, while Fashion and Home&Deco lose ground to low-cost non-EU commerce Black Friday 2025 marks a turning point for Romanian eCommerce. After two years of stagnation, the day recorded a +10% increase in the number of transactions, while the overall campaign week saw a +20% rise […]
The winter holidays are, for many of us, that rare time when everything slows down and joy becomes simple again: a beautifully decorated Christmas tree, a glass of fine wine, laughter mingling with the clinking of glasses, and breathtaking views all around. In the world of Ana Hotels, the magic of the season is celebrated […]
Kings’ Valley Medical & Spa Hotel is more than a luxurious retreat — it is a gateway to one of Bulgaria’s most enchanting regions. – The Rose Valley. Nestled in the heart of the country, just a few scenic hours from Bucharest, the hotel offers guests a rare blend of tranquility, wellness, and discovery....
