Cement and prefabricated producer Holcim Romania has announced the acquisition of General Beton Romania, a leading local concrete producer and trader, as the transaction received the approval of the competition authority.According to a press statement by the company released on Friday, with the acquisition of General Beton Romania, the network of Holcim Romania concrete plants reaches 27, located in the counties of Arad, Constanta, Iasi, Brasov, Cluj, Craiova, Oradea, Ploiesti, Satu-Mare, Sibiu, Targu-Mures, Timis, and in Bucharest City.General Beton Romania SRL is a leading local concrete maker and trader, with experience and expertise of over 24 years in Romania. The company currently has eight concrete plants in main cities. In 2021, the company reported a turnover of about 33 million euros and a workforce of 160 employees.The Holcim Romania group of companies includes Holcim Romania (two cement plants in Campulung and Alesd, a grinding station, 27 concrete stations, three aggregate stations, two special binder stations and three cement terminals), Somaco Grup Prefabricate (five prefabricated factories and one BCA factory ) and Geocycle Romania (three outlets for waste pre-treatment).The company has about 1,700 employees in all.
Céline Gauer, the director general of the Recovery and Resilience Task Force (or RECOVER) at the European Commission, arrived in Romania on Tuesday, July 15, to meet with officials regarding the implementation of the National Recovery and Resilience Plan, or PNRR. As the coordinator of the PNRR, which offers funding in the form of advantageous […]
Aluminium producer ALRO, a subsidiary of Vimetco PLC from Cyprus, celebrated 28 years on the Romanian stock exchange (BVB) and 60 years of uninterrupted industrial activity. Its market capitalization has increased nearly 21 times since its listing and now exceeds RON 1 billion. The company’s history began with the first batch of Romanian aluminium, on June […]
Something is quietly shifting in Romania. In places where paperwork, patchy Wi-Fi, and long queues once ruled, change is starting to show. Towns are more connected, cities are getting smarter, and essential services are beginning to live online, not in line. A tidal wave of digitisation is common to other areas of the globe, that’s […]
Several segments in Romania's A7 and A8 highway projects have lost funding from the National Recovery and Resilience Plan (PNRR) due to project delays, the minister of investments and European projects, Dragoș Pîslaru, announced on Tuesday, July 15, as reported by Biziday.ro. He did not specify which segments of these highways were affected. The statement […]
Real estate developer Redport and businessman Dan Șucu officially inaugurated the showroom for their latest residential project, Vitality Est, and announced the start of construction work on the site near Pantelimon Park and Lake in eastern Bucharest. The project, estimated at EUR 50 million, will include 500 apartments and 400 square meters of commercial space. […]
According to an analysis from real estate consultant Colliers based on National Bank of Romania data, Romanians spent more than EUR 3 billion on international travel in the first four months of 2025, 15% more than in the same period of 2024. If the current pace continues, Romanians’ spending on foreign holidays and business travel […]
