Globalworth, the leading office investor in Central and Eastern Europe (CEE), appointed Ema Iftimie as managing director for its real estate operations in Romania, effective December 1. She will replace Marian Popa, who, according to company representatives, decided to retire and focus on his personal life.
Ema Iftimie is a seasoned professional with an experience of almost 25 years in real estate, 10 of which she’s dedicated to fostering growth for Globalworth Romania through a top-tier...
Marius Lulea, vice president of the far-right Alliance for the Union of Romanians (AUR), publicly praised former Communist dictator Nicolae Ceaușescu, drawing condemnation from historians and legal experts for promoting a convicted criminal against humanity,
The Party of European Socialists (PES) and the Socialists and Democrats group in the European Parliament (S&D) stated on May 12 their firm position...
Romanian tissue and sanitary paper products producer Elfi announced investments of EUR 10 million in 2025 to expand production capacity. The project involves the construction of a new production hall and the installation of a state-of-the-art production line, which will allow the company to operate three production lines and double its current capacity. In 2024, […]
With the investment fund Accession Capital Partners and the private equity fund Invenio Partners as majority shareholders since the end of 2024, the Romanian coffee chop chain 5 to go targets the Southeastern European market, according to Profit.ro and
Romanian lithium-ion battery manufacturer Prime Batteries Technology, founded and controlled by Romanian entrepreneur Adrian Polec, has entered into a collaboration with Arrow Electronics and NXP Semiconductors to launch a next-generation battery energy storage system - BESS platform, according to
Romania’s headline inflation remained steady at just under 4.9% y/y in April, in line with consensus expectations, as the average prices increased by a mere 0.07% in the month, according to the data published by the statistics office INS on May 13. Core inflation remained at 5.3% y/y as well. The National Bank of Romania […]
