Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Romania's Grup Șerban Holding invests EUR 62.5 mln...

Romania's Grup Șerban Holding invests EUR 62.5 mln in French fries factory, cold storage facility

October 3, 2024

Grup Șerban Holding (BVB: GSH), a Bucharest Exchange listed group founded in 1994 by local entrepreneur Nicolae Șerban, will invest EUR 62.5 million in a French fries processing plant in Sascut, Bacău county, and the expansion of the cold storage capacity for vegetables, the company announced in a note to investors.

Both projects are scheduled for implementation between 2025 and 2028.

By the end of 2024, Grup Şerban Holding will consolidate its position on the...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/grup-serban-holding-french-fries-plant-october-2024
Read in full - click here
100 specialists to work non-stop at new subway tunnel to Bucharest’s Otopeni Airport

Around 100 specialists will work around the clock, in three shifts, at the 1 Mai – Băneasa subway tunnel section, part of the line extending to Otopeni Airport, according to secretary-general of the Ministry of Transport, Mariana Ioniță. The first TBM machine, which will begin drilling the tunnel, is set to arrive on Monday, March […]

Report: Scale of child trafficking cases in Romania underreported, sexual exploitation most common

A new report from the Romanian branch of NGO Justice and Care shows that the scale of the child trafficking phenomenon is underestimated by the authorities and that sexual exploitation, particularly of girls, remains the primary form of trafficking.  The study, based on field research and interviews with specialists from three counties, namely Dolj, Bacău, […]

Romania opens honorary consulate in Pakistan’s Peshawar region

The Romanian Embassy in Pakistan has opened an honorary consulate in Peshawar, covering the Khyber Pakhtunkhwa region. The country is a major source of workers, essential in filling Romania’s labor shortage. Dan Stoenescu, Romania's Ambassador to Pakistan, inaugurated the Honorary Consulate in a special ceremony attended by government officials, business leaders, and members of the […]

EVERGENT Investments reports a net result of RON 263.66 mln in 2024, up 29% compared to 2023, and a total EVER share return of 22.94%, significantly exceeding BET-TR’s 16.15%

EVERGENT Investments, an investment company listed under the ticker EVER, reports a net result of RON 263.66 million for the year 2024, representing a 29% year-over-year increase, surpassing the budgeted level by 175%. The net result is the company’s main performance indicator and consists of net profit and net gains from the sale of financial […]

Romanian courier company Sameday acquires 24.9% stake held by eMAG in Zitec

Sameday, one of the key players in the courier industry, acquired the 24.9% stake held by eMAG in local IT firm Zitec, entering the company's shareholding structure. The transaction is subject to regulatory approval. "Changes in the logistics and courier sectors require rapid adaptations and technological solutions to address the challenges. The growing demand for […]

Tomcat from Romania crowned Europe’s most beautiful in 2025

Nexus, an 8-month silver British shorthair with blue eyes, was crowned Europe’s most beautiful tomcat at the European Feline Championship 2025, an event held in Warsaw, Poland. The tomcat, by his full name Nexus of Winter Foxes, is owned by Oana Pintilii and Alexandru Paraschiv, breeders who have dedicated seven years to this passion.  Nexus’s […]