RetuRO opens in Brașov a new center for collecting DRS packaging
RetuRO, the administrator of the Deposit-Return System, the largest circular economy project in Romania, opens in Brașov County its third regional center for DRS packaging collection, located within the VGP logistics park. With an area of 3,300 square meters, the regional center in Brașov is equipped with state-of-the-art packaging processing equipment, including PET and aluminum […]
ARA Europe & Gheorghe Iaciu sell Doraly Expo Market to WDP
Real estate consultancy company iO Partners announces the successful closing of the sale of Expo Market Doraly to WDP. The iO Partners team advised the sellers – ARA Europe and the Romanian investor Gheorghe Iaciu, who founded Expo Market Doraly in 1993. Located in the northeast of Bucharest, Expo Market Doraly covers an area of […]
AROBS targets a consolidated turnover of approximately 500 million lei in 2024
Voicu Oprean, founder and CEO of AROBS AROBS Transilvania Software (BVB: AROBS), the largest technology company listed on the Bucharest Stock Exchange, targets 2024 a consolidated turnover of 494.9 million lei, normalized EBITDA of 92.9 million lei and a normalized net profit of 48.8 million lei. “AROBS is the result of progress, determination, resilience, and […]
Stefan Surcel, promoted Head of Industrial Agency at Cushman & Wakefield Echinox
Stefan Surcel, Head of Industrial Agency, Cushman & Wakefield Echinox Cushman & Wakefield Echinox announces the promotion of Ștefan Surcel as Head of Industrial Agency. In his new role, he will coordinate the activity of the company’s Industrial department and will focus on further developing the existing relationships with strategic clients and also on identifying […]
BCR is one of the banks that took part in Ford Otosan Romania’s EUR 435 million – syndicate financing, contributing with EUR 84 million
leonora Bacale, Head of Industrials & TMT, Corporate Banking BCR Ford Otosan Romania, one of the largest vehicle manufacturers in Romania, has signed a syndicated credit facility totaling EUR 435 million to finance ongoing facility, vehicle, and engineering investment projects at its Craiova plant. The financing will be used to support the production of the […]
SYMMETRICA invests €48 million in the largest factory in the portfolio, but also in S-E Europe
Sebastian Bobu, Executive Director of Symmetrica Symmetrica, the leader of the local market of vibro-pressed products and the largest domestic producer, announces a new investment in the largest factory of concrete pavements in South-Eastern Europe, worth 48 million euros. ”Located in Bolintin Vale – Ilfov, our new prefabricated factory will be a symbol of excellence […]
JT Grup Oil announces the completion of Phase I of construction works at the first private oil terminal in Romania
JT Grup Oil S.A., one of the most important companies on the local fuel distribution market, announces the completion of the first phase of development of the JT Terminal project, the only private owned oil terminal in Romania. With the completion of the infrastructure works, the financing contract obtained from non-reimbursable European funds through the […]
Simtel Team targets consolidated revenues of 394.3 million lei and a net profit of 35.1 million lei in 2024
Mihai Tudor, CEO and executive member of the Board of Directors of Simtel Team Simtel Team, a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange and a national leader in renewable energy targets in 2024 at the consolidated level, operating revenues of 394.3 million lei, EBITDA of 49.2 […]
Mobexpert a închiriat 1.400 de metri pătrați spații de depozitare în Oresa Industra Park din Iași
Oresa Industra Park Iasi Mobexpert, the furniture market leader in Romania, expands its logistics and storage operations by leasing 1,400 sq. m within Oresa Industra Park in Iasi, owned by Oresa Industra, the real estate division of the Oresa family office. The Oresa Industra Park in Iasi reached a 100% occupancy as a result of […]
CPI Romania has appointed Cushman & Wakefield Echinox to manage the Expo Business Park office project in Bucharest
Mihaela Petruescu, Partner Asset Services Cushman & Wakefield Echinox The Cushman & Wakefield Echinox real estate consulting company has been appointed to manage the Expo Business Park office project, one of the most representative projects in the Expozitiei area of Bucharest, starting from January 2024. As a result, the portfolio managed by the company’s asset […]